Supreme Court Upholds CCI’s Rs 202 Crore Fine Against Amazon
The Supreme Court (SC) has granted a stay of the Competition Commission of India (CCI) order for Amazon to pay a fine of Rs 202...
Tag : Amazon
Broadcom Convinces EU Antitrust Regulators on $61 Billion VMware Deal
On Friday, US chipmaker Broadcom would convince EU antitrust regulators about the $61 billion bid for cloud computing firm VMware. It has triggered regulatory scrutiny...
ONDC Crosses 5000 Food, Grocery Orders Daily, Grows 25 Times
Online Network for Digital Commerce (ONDC) has surpassed the milestone of 5,000 daily orders in the retail group, including foods and beverages (F&B) and grocery,...
AMC Entertainment Shares Zoom After Reports Suggesting Acquisition by Amazon
On Tuesday, AMC Entertainment’s shares jumped as much as 20% after it was reported that Amazon was considering acquiring the struggling movie theatre chain. According...
Hi Fabrique Group Acquires Tessitura Monti Spa’s Indian Operations
On Monday, Bengaluru-based cotton fabric maker Hi Fabrique Group announced the acquisition of the Indian operations of Tessitura Monti Spa. This Italian company spins, weaves,...
Amazon to Join Govt E-Commerce Platform ONDC
On Friday, e-commerce platform Amazon said to join the government’s open source, not-for-profit, e-commerce podium Open Network for Digital Commerce (ONDC). For now, Amazon’s logistics...
Wipro to be Official Launch Partner of New AWS Cybersecurity Data Lake Service
On November 30, technology services and consulting firm Wipro announced that it is an official launch partner for Amazon Web Service (AWS)‘s Amazon Security Lake....
Chai Point Targets IPO Within 18-24 Months
Bengaluru-based tea restaurant chain Chai Point plans to launch an initial public offering in the next 18 to 24 months. It is banking on its...
Sensex Jumps 350 Points on Bet on Fed Slowing Rate Hikes
Indian shares rose on Thursday, and global stock indexes rose for a fifth straight day on positive signs that the central bank may be reducing...
Amazon Launches Home Insurance Product in UK
E-commerce giant Amazon Inc is launching a home insurance portal in Britain and has inked up three big-name insurers as it pushes further into financial...