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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 ......

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Amazon may join Future-RIL in a JV

Consumer

09 March, 2022

Amazon may join Future-RIL in a JV

The bitter legal battle between Amazon.com and Future Group may take an unexpected twist, if the two parties can reach ......

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E-commerce accelerator Assiduus eyes $50 mn fundraising at $300 mn valuation

TMT

14 February, 2022

E-commerce accelerator Assiduus eyes $50 mn fundraising at $300 mn valuation

Assiduus Global, an AI-powered cross-border and cross-marketplace e-commerce accelerator, is in talks with several global funds to raise capital at ......

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 ......

Delivery race among Indian grocery startups brings road safety risks

Consumer

24 January, 2022

Delivery race among Indian grocery startups brings road safety risks

Indian grocery startups are luring tech-savvy customers with the promise of deliveries within 10 minutes, sparking a boom in "quick ......

EXPLAINER-How Amazon's battle with Reliance for India retail supremacy became a legal jungle

Finance

11 January, 2022

EXPLAINER-How Amazon's battle with Reliance for India retail supremacy became a legal jungle

For more than a year, Amazon.com Inc and India's Future Group have been locked in a complex legal stand-off that ......

Future Group shares fall after court decision on Amazon arbitration appeal

Consumer

05 January, 2022

Future Group shares fall after court decision on Amazon arbitration appeal

Shares in Future Group companies fell on Wednesday, a day after an Indian court dismissed Future Retail's appeal to declare ......

India's Future Retail asks court to declare arbitration with Amazon illegal

Economy

03 January, 2022

India's Future Retail asks court to declare arbitration with Amazon illegal

India's Future Retail has asked a New Delhi court to declare ongoing arbitration proceedings with Amazon.com illegal, saying the country's ......

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Crawling e-commerce marketplaces to help clients ramp up sales

Consumer

27 December, 2021

Crawling e-commerce marketplaces to help clients ramp up sales

E-commerce sales in India are booming with big companies including Amazon and Walmart-owned Flipkart, and new entrants in social commerce ......

Future Group stocks surge 20% after India suspends 2019 Amazon deal

Markets

20 December, 2021

Future Group stocks surge 20% after India suspends 2019 Amazon deal

Shares of India's Future Group companies surged about 20% on Monday after the country's antitrust agency suspended Amazon.com Inc's 2019 ......