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Distressed deals soar in 2021; Bad bank, IBC measures raise hopes for 2022

Finance

Distressed deals soar in 2021; Bad bank, IBC measures raise hopes for 2022

Calendar year 2021 opened doors for larger deals in the distressed assets space in 2022 following a ...

Amazon partners with Foxconn arm to manufacture devices in India

Manufacturing

Amazon partners with Foxconn arm to manufacture devices in India

Ecommerce marketplace Amazon is set to start its first device manufacturing line in India later this...

Govt needs to reduce e-commerce restrictions to revive economy: Amazon India head

Economy

Govt needs to reduce e-commerce restrictions to revive economy: Amazon India head

India needs to encourage ecommerce and reduce red tape to help small businesses sell online and ...

Amazon opens its biggest global campus in India

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Amazon opens its biggest global campus in India

Amazon.com Inc on Wednesday launched its biggest campus in the world in the southern Indian city of ...

Amazon leads funding round in online insurance startup Acko

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Amazon leads funding round in online insurance startup Acko

Mumbai-based online insurance startup Acko General Insurance Co. Ltd has raised $12 million (around ...

Amazon's India investment continues to bleed its international business

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Amazon's India investment continues to bleed its international business

E-commerce giant Amazon Inc.’s massive investment in India continues to drag its margins, with the...

VCC Startups weekly wrap: Oyo-Zo merger dissolves; Snapdeal's legal woes escalate

TMT

VCC Startups weekly wrap: Oyo-Zo merger dissolves; Snapdeal's legal woes escalate

The supposed acquisition of Zo Rooms by online budget hotel aggregator OYO has come undone, ...

Amazon India chief terms rival's GMV valuation as vanity metric

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Amazon India chief terms rival's GMV valuation as vanity metric

Refuting the findings of some research reports that declared Flipkart the market leader based on ...

Festive roundup: Flipkart, Amazon claim top slot; Snapdeal says in green zone

TMT

Festive roundup: Flipkart, Amazon claim top slot; Snapdeal says in green zone

By any estimate, 2017 recorded India’s biggest online festive season sales by a fair margin. While...

Amazon elevates India head Amit Agarwal

People

Amazon elevates India head Amit Agarwal

US-based Amazon.com, Inc. has elevated India chief Amit Agarwal to senior vice president (SVP), ...