Tag: Amazon
17 Results
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Amazon partners with Mahindra Electric to strengthen its electric vehicle fleet in India
These EVs are in addition to the global commitment of 1,00,000 electric vehicles in the delivery fleet by 2030 announced in the Climate Pledge signed by Amazon.
February 23, 2021 -
SC bars NCLT from passing final orders on RIL-Future deal on Amazon’s plea
Earlier this month, the Delhi High court had stayed a previous order on status quo of the RIL-Future deal in an interim order.
February 22, 2021 -
ED to examine documents to see if Amazon dodged regulators
The source said that the financial probe agency's examination of documents is based on the report of a global newswire, which reported that it dodged India's regulators.
February 20, 2021 -
Jeff Bezos regains world’s richest person title as Elon Musk loses $4.6 billion
The electric automaker’s shares slipped 2.4 per cent, erasing $4.6 billion from its CEO’s fortune and removing him from the top spot of the Index.
February 17, 2021 -
Parler board terminates CEO John Matze
His LinkedIn page shows an employment end date of January 2021.
February 4, 2021 -
Amazon surpasses $100B in quarterly revenue for 1st time
During a call with investors, Amazon CFO Brian Olsavsky said the company has a "highly effective" succession plan in place.
February 3, 2021 -
AWS head Andy Jassy to replace Jeff Bezos as Amazon CEO
Andy Jassy, who is the CEO of the company's profit-making Cloud arm Amazon Web Services (AWS), will replace Bezos.
February 3, 2021 -
Shops will close just because this fat American company wants to make money: Salve
Salve stated that FRL had no agreement with Amazon and the agreement was only between Amazon and FRL's investor, Future Coupons Pvt Ltd (FCPL).
January 30, 2021 -
CAIT objects to MoU between Karnataka govt and Amazon
Bhartia and Khandelwal said that these MNCs operating in e-commerce business of India are treating our country as a banana republic and behaving like another version of East India Company in a new manner, though the era of colonialism is thing of past and has been buried in history.
January 29, 2021 -
Amazon to help Karnataka MSMEs to spur exports
State Industries Minister Jagadish Shettar said on the occasion that Karnataka had a vibrant agro, aerospace, automobile, biotech, garment, handicraft, textile and toys sectors.
January 29, 2021 -
E-commerce will play important role in Atmanirbhar Bharat vision: Amazon India head
"It was a whole ecosystem that needed to be built bottom up," he noted.
January 28, 2021 -
RIL, Future Retail shares plunge after Amazon seeks detention of Biyani and his group’s founders
In its petition, Amazon sought enforcement of the Singapore arbitrator's ruling in October against its partner Future's Rs 24,713 crore deal with Reliance.
January 27, 2021 -
Amazon ties up with Startup India to boost e-commerce exports
Amazon will also host open virtual mentorship sessions focused on peer learning by inviting veteran entrepreneurs and members from its mentorship board for startups, to network and learn from their existing ecosystem.
January 20, 2021 -
Amazon asks SEBI, stock exchanges not to grant no-objection to Future Retail deal
In view of Section 17(2) of the Arbitration and Conciliation Act, 1996, the interim award passed by the EA is deemed to be an order of a court under the Code of Civil Procedure, 1908, and continues to be in force, it said.
January 12, 2021 -
Totally disillusioned with your lackadaisical attitude: Kishore Biyani to Amazon
Biyani said if the transaction with the Reliance/MDA Group was not finalised, FRL would inevitably have faced insolvency and/or liquidation, in which event, the entire equity would have been wiped out, leaving you with nothing.
January 5, 2021 -
CAIT welcomes Delhi HC’s order of holding Amazon liable for violation of FEMA, FDI policy
It has been rightly held that Amazon acquired control of Future Retail by virtue of its arbitrary dominance in Future Coupon Limited and in the absence of any Government approval, it is contrary to FEMA & FDI rules, according to CAIT.
December 22, 2020 -
French privacy regulator fines Google, Amazon for violating EU privacy rules
The CNIL noted that both companies made changes to their websites in September, yet said efforts were not sufficient to be in line with French rules.
December 11, 2020