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India court orders Amazon to pay $39 mn in damages in Beverly Hills Polo Club case

TMT

27 February, 2025

India court orders Amazon to pay $39 mn in damages in Beverly Hills Polo Club case

An Indian court has ordered an Amazon unit to pay $39 million in damages for infringing the "Beverly Hills Polo ......

Thousands of Indian investors lose $100 mn in Falcon Invoice Ponzi scheme

Finance

18 February, 2025

Thousands of Indian investors lose $100 mn in Falcon Invoice Ponzi scheme

Thousands of investors in India are scrambling to recoup nearly $100 million after they were caught in a Ponzi scheme ......

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Fairfax makes a top-up in India portfolio firm as another investor exits

Finance

05 February, 2025

Fairfax makes a top-up in India portfolio firm as another investor exits

Indian-born Canadian billionaire Prem Watsa-led investment firm Fairfax, which has otherwise gone slow in striking fresh......

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Top MNCs in India: Americans dominate but Russian at top, Chinese out of the picture

General

24 January, 2025

Top MNCs in India: Americans dominate but Russian at top, Chinese out of the picture

India has been one of the most sought-after destinations for multinational companies ever since the economy opened ......

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Deals Digest: PE firms swing in action but M&As remain tepid

Healthcare

17 January, 2025

Deals Digest: PE firms swing in action but M&As remain tepid

Deal activity in India picked up in the week gone by as several private equity firms struck transactions across ......

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Amazon buying fintech Axio but few VC investors emerging as winners

TMT

16 January, 2025

Amazon buying fintech Axio but few VC investors emerging as winners

Ecommerce giant Amazon has agreed to acquire India's Axio in a transaction that will likely leave little on the ......

Amazon's investment arm sells Shoppers Stop stake

Consumer

18 December, 2024

Amazon's investment arm sells Shoppers Stop stake

Amazon.com NV Investment Holdings LLC, a subsidiary of American e-commerce company Amazon.com Inc., on Wednesday sold ......

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VC-backed SectorQube draws takeover interest after failed deal

TMT

13 November, 2024

VC-backed SectorQube draws takeover interest after failed deal

SectorQube Technolabs Pvt. Ltd., which makes smart locks under the IKIN brand, has received inbound interest for an ......

Enforcement Directorate to summon Amazon, Flipkart executives as scrutiny grows

TMT

11 November, 2024

Enforcement Directorate to summon Amazon, Flipkart executives as scrutiny grows

India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into ......

Enforcement Directorate raids offices of sellers using Amazon, Flipkart platforms

TMT

07 November, 2024

Enforcement Directorate raids offices of sellers using Amazon, Flipkart platforms

India's financial crime agency has raided offices of some sellers operating Amazon and Walmart-owned Flipkart in an ......

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