Amazon India To Open New Robotics Software Development Centre in Bengaluru
E-commerce giant Amazon announced Monday that it would open a new consumer robotics software development centre to build solutions for the world. The India hub...
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Vodafone Idea Rises on Reports Amazon May Invest Rs 20K Crore
Shares of Vodafone Idea surged on May 30 after The Ken reported that e-commerce giant Amazon had invested up to Rs 20,000 crore in the...
Meesho Joins ONDC; Plans to Compete with Amazon, Flipkart with Branded Products
Following the e-commerce giant Meesho is now looking to join the government-backed Open Network for Digital Commerce (ONDC) and has started developing a new product...
Ford Sells Stake in EV Maker Rivian for $214 Million
Ford Motor Co sold 8 million shares of electric vehicle maker Rivian Automotive Inc for $214 million, or $26.80 a share, the US automaker said...
Amazon Ends 14 Days of Paid Leave for Covid-Infected Employees
E-commerce giant Amazon has stopped offering seven days of paid time off (PTO) to frontline workers infected with Covid-19. According to CNBC, starting Monday, Amazon...
Amazon Acquires Social Commerce Startup GlowRoad
Amazon has reportedly acquired women-focused social commerce startup GlowRoad in an all-cash deal in its first major bet on social commerce, but details have not...
Amazon Accuses Reliance of Collusion With FRL
The Supreme Court asked the Delhi High Court judge, who is hearing the petitions and counterpetitions filed by Amazon and the Future Group against each...
Cloudtail Starts Shipping Inventory to Other Sellers Ahead of Closure
Cloudtail has begun moving its inventory and business to other sellers on the e-commerce marketplace ahead of its closure. Retailers who supply to Cloudtail across...
Tata Digital Asks Extra Funds From Tata Sons For Digital Expansion
Tata Digital has asked for additional funds from Tata Sons to help in the growth plans of its digital retail initiative as negotiations with global...
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...