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Foxconn in talks to invest in India's Karnataka state

Finance

09 February, 2023

Foxconn in talks to invest in India's Karnataka state

India's southern Karnataka state is in serious talks with Taiwan's Foxconn over investment plans, Chief Minister Basavaraj Bommai said on ......

Flipkart joins race to deliver medicines in India

TMT

06 April, 2022

Flipkart joins race to deliver medicines in India

Walmart Inc-owned Flipkart Group has joined the race to deliver medicines in India, joining the likes of some of the ......

Amazon slams Reliance takeover of Future stores as 'fraud' in India newspaper ads

Consumer

15 March, 2022

Amazon slams Reliance takeover of Future stores as 'fraud' in India newspaper ads

Amazon.com Inc has gone on the attack in its bitter dispute with two Indian retailers, accusing them of fraud in ......

India raises $22 bn to rank second in global VC e-commerce investments in 2021

TMT

09 March, 2022

India raises $22 bn to rank second in global VC e-commerce investments in 2021

Increasing demand for online purchases prompted by the full- and partial lockdowns across the world during the pandemic has led ......

Amazon India's festival season sales top record $100,000 in 2021

TMT

04 February, 2022

Amazon India's festival season sales top record $100,000 in 2021

Amazon India clocked its highest-ever festival season sales in 2021 with almost 30,000 sellers and brand partners selling merchandise worth over $100,000 in ......

Flipkart-owned Myntra's loss narrows sharply in FY21 as revenue surges nearly 44%

Consumer

11 January, 2022

Flipkart-owned Myntra's loss narrows sharply in FY21 as revenue surges nearly 44%

Flipkart-owned fashion, beauty and lifestyle e-commerce marketplace Myntra’s net loss narrowed sharply in 2020-21 (FY21) after the company reported a ......

Future asks Delhi court to quash Singapore panel's block on asset sale

Consumer

27 October, 2021

Future asks Delhi court to quash Singapore panel's block on asset sale

India's Future Retail has asked a Delhi court to quash a decision by a Singapore arbitration panel that has kept ......

Labour union urges European authorities to widen Amazon antitrust probe after Reuters story

TMT

22 October, 2021

Labour union urges European authorities to widen Amazon antitrust probe after Reuters story

A global trade union for the services sector on Friday urged European authorities to widen their antitrust investigation of Amazon.com ......

Arbitration panel rejects Future's plea on Reliance deal in dispute with Amazon

Consumer

22 October, 2021

Arbitration panel rejects Future's plea on Reliance deal in dispute with Amazon

A Singapore arbitration panel has rejected Future Retail's plea to quash an order from last year that put its $3.4 ......

Future Retail must take part in Amazon dispute arbitration, Singapore panel says

Consumer

20 October, 2021

Future Retail must take part in Amazon dispute arbitration, Singapore panel says

Future Retail must take part in arbitration over a commercial dispute with Amazon.com Inc, a Singapore arbitration panel ruled on ......