Banks Act Against Future Retail for Missing Payments
Banks have started classifying loans to Future Retail Ltd (FRL) as a “non-performing asset” after the company missed payments to them, Banks told the Supreme...
Tag : Amazon
Razorpay to Buy Majority Stake in Ezetap
Razorpay is in early talks to acquire a majority stake in Ezetap Mobile Solutions Pvt. Ltd. Byas Nambisan, CEO of Ezetap, confirmed that his company...
Senate Panel Approves Bill For Tech Giants
The US Senate Judiciary Panel authorised a bill that will restrict tech giants like Amazon and Google from giving preference to their businesses on their...
CNIL Fines Google, Facebook $235 Million
Google and Facebook have been fined $235 million for tracking cookies in France. The Commission Nationale de I’informatique et Des Libertes (CNIL) has fined Google...
TikTok, Google Become Most Popular Website of 2021
TikTok has surpassed tech giant Google as the most popular website of 2021, media reported. According to a report by IT security company Cloudflare, the...
Amazon, Facebook, Twitter Drop Plans to Attend CES
Amazon, Facebook, Twitter and Pinterest announced on Tuesday that they would not send teams to the Consumer Electronics Show (CES) in Las Vegas as worries...
Centre to Draft New E-commerce Rules Soon
The government is in the final stages of drafting new e-commerce rules, including blocking their affiliated entities from selling on the platforms and restricting flash...
RBL Bank to Sell Rs 105 Crore FCRPL Debt
RBL Bank sells its Rs 105 Crore loan to Future Corporate Resources Pvt Ltd (FCRPL), which holds a massive stake in Future Coupon. FCRPL is...
Amazon Infuses Fresh Capital Worth Rs 650 Crore
Amazon has infused fresh capital of Rs 650 crore into one of its India units, Amazon Wholesale (India), according to regulatory documents. Amazon Corporate Holdings...
Amazon CEO Bezos Donates $100 Mn to Obama Foundation
Jeff Bezos donated $100 million to the Obama Foundation. The donation was in honour of the late Congressman John Lewis, which will “help increase the...