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Searched Tag: amazon
ED seeks phone firms' data in e-commerce inquiry.

ED probes Apple, Xiaomi in Amazon, Flipkart case

April 29, 2025, 04:23 PM - 4 min read

India's Enforcement Directorate (ED) has sought detailed online sales data from smartphone giants Apple and Xiaomi as part of an ongoing investigation into alleged violations by Amazon and Walmart-owned Flipkart, sources familiar with the matter told the media.

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Project Kuiper Satellites Launched by Amazon.

Amazon enters Internet Satellite race against SpaceX

April 29, 2025, 08:37 AM - 2 min read

Amazon's first batch of Internet satellites rocketed toward orbit Monday, the latest entry in the mega constellation market currently dominated by SpaceX's thousands of Starlinks.

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An Amazon warehouse. Representative image.

Amazon, Flipkart face BIS crackdown over non-certified goods

March 16, 2025, 03:14 PM - 4 min read

The Bureau of Indian Standards (BIS) has conducted search and seizure operations at Amazon and Flipkart warehouses, confiscating non-certified products. Legal action has been initiated under the BIS Act, 2016, and violators may face hefty penalties and imprisonment. Consumers are urged to verify product certifications using the BIS Care app.

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The woman posted a video on X, showing a wriggling snake trying desperately to free itself from the package where it appeared to be stuck in tape.

Amazon delivers snake instead of Xbox controller

June 19, 2024, 03:51 PM - 2 min read

The woman posted a video on X, showing a wriggling snake trying desperately to free itself from the package where it appeared to be stuck in tape.

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E-commerce giant Amazon announced plans on Monday to inject more than 1.2 billion euros ($1.3 billion) into its French operations.The investment is set to generate over 3,000 permanent job opportunities across various sectors.

Amazon announces €1.2 billion investment in French operations creating 3,000 jobs

May 13, 2024, 04:42 PM - 2 min read

The announcement came as part of France's annual "Choose France" event, where several prominent companies pledged substantial investments in the country. Alongside Amazon, firms like GSK and Accenture also committed to significant financial injections.

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In a departure from the prevailing narrative surrounding automation and artificial intelligence (AI), a senior Amazon executive has refuted claims that technology precipitates job losses.

Amazon executive addresses misconceptions surrounding robots and AI amid job cut concerns

April 14, 2024, 07:58 PM - 2 min read

Contrary to widespread apprehensions, La Rovere contended, "It is a myth that technology and robots take out jobs." He highlighted Amazon's experience as evidence, citing the company's success in leveraging technology to create over 50,000 new jobs across its fulfillment centers in Europe.

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WTO Meet Abu Dhabi. Image X.

Navigating digital frontiers: WTO's Decision sparks debate on E-commerce tariffs

March 2, 2024, 01:12 PM - 2 min read

In a significant development, the World Trade Organization (WTO) members, including India, have agreed to extend the moratorium on imposing customs duties on e-commerce trade for an additional two years, until the next ministerial conference in 2026.

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Image for representative use.

Amazon's Fintech leap: RBI bestows payment aggregator license

February 27, 2024, 04:49 PM - 2 min read

E-commerce giant Amazon's financial technology arm, Amazon Pay, has secured authorization from the Reserve Bank of India (RBI) to operate as a payments aggregator (PA). The RBI approved Amazon Pay's application on February 20, adding it to the list of companies granted this coveted license in 2024.

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Retail giant Amazon finds itself in legal crosshairs, accused of violating consumer protection laws by allegedly steering millions of shoppers towards higher-priced items

Amazon faces class action lawsuit alleging consumer protection violations

February 10, 2024, 12:39 PM - 2 min read

The lawsuit, filed on Thursday in federal court in Seattle, alleges that Amazon's algorithm, responsible for selecting products showcased in its "Buy Box" during user searches, often disregards lower-priced options with faster delivery times.

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