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Jeff Bezos to step down as Amazon CEO, AWS chief Andy Jassy to take charge

People

03 February, 2021

Jeff Bezos to step down as Amazon CEO, AWS chief Andy Jassy to take charge

Amazon founder Jeff Bezos is stepping down as CEO of the $1.69 trillion technology company. In a letter to employees ......

Future Retail seeks tribunal OK for $3.4 bn asset sale deal; Amazon pushes to block

Consumer

28 January, 2021

Future Retail seeks tribunal OK for $3.4 bn asset sale deal; Amazon pushes to block

India’s Future Retail has approached a tribunal to seek a key approval for its $3.4 billion asset sale to Reliance ......

Amazon tries to block Future's retail asset sale, seeks CEO's detention

Consumer

25 January, 2021

Amazon tries to block Future's retail asset sale, seeks CEO's detention

Amazon.com Inc has requested an Indian court to block partner Future Group's $3.4 billion deal to sell its retail assets ......

Amazon launches early-stage startup accelerator, announces $50,000 grant

TMT

19 January, 2021

Amazon launches early-stage startup accelerator, announces $50,000 grant

Amazon India on Tuesday announced a partnership with Startup India to launch an accelerator programme for early-stage startups...

India plans foreign investment rule changes that could hit Amazon

TMT

19 January, 2021

India plans foreign investment rule changes that could hit Amazon

India is considering revising its foreign investment rules for e-commerce, three sources and a government spokesman told Reuters,...

B2B grocery delivery startup Jumbotail completes $25 mn funding round

TMT

08 January, 2021

B2B grocery delivery startup Jumbotail completes $25 mn funding round

Business-to-business (B2B) grocery delivery startup Jumbotail Technologies on Friday said it had raised $14.2 million in a funding...

Battle of the billionaires: Bezos, Ambani gun for India retail supremacy

Consumer

27 November, 2020

Battle of the billionaires: Bezos, Ambani gun for India retail supremacy

Jeff Bezos and Mukesh Ambani, two of the world's richest men, face a turning point in a battle for preeminence ......

NSE warned Future Retail of action over disclosures on Amazon dispute

Consumer

25 November, 2020

NSE warned Future Retail of action over disclosures on Amazon dispute

National Stock Exchange (NSE) privately warned Future Retail it risked regulatory action for not making timely market disclosures...

Grapevine: Kedaara to raise $1 bn; Google, others eye local tie-ups to set up NPCI rival

General

11 November, 2020

Grapevine: Kedaara to raise $1 bn; Google, others eye local tie-ups to set up NPCI rival

Poised to become the largest homegrown private equity brand, Kedaara Capital is looking to raise a billion dollars (about Rs ......

Grapevine: Apis Partners to bet on Cashfree; e-tailers eye Aditya Birla Fashion stake

General

22 October, 2020

Grapevine: Apis Partners to bet on Cashfree; e-tailers eye Aditya Birla Fashion stake

Payment gateway startup Cashfree is in advanced talks to raise up to $25 million (about Rs 184 crore) in a ......

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