Tag: Amazon

CAIT to launch a nation-wide movement against Amazon and Flipkart

NEW DELHI: Traders’ body CAIT on Sunday said it will launch a nation-wide movement to protest against e-commerce majors Amazon and Flipkart, alleging that they are flouting FDI policy norms and destroying the country’s retail business. In a statement, the Confederation of All India Traders (CAIT) said, “Both Amazon and Flipkart still continue to sell […]

Inside Amazon’s new India headquarters, its biggest building globally

HYDERABAD: With 49 elevators moving a floor per second and zumba classes for its more than 15,000 employees, Amazon’s new Indian headquarters, its biggest building globally, matches its ambitions in a vast but challenging market. The US retail giant launched its first site in India in 2013 and is locked in a fierce battle with […]

Pentagon stalls $10 billion cloud contract eyed by Amazon

SAN FRANCISCO: The Pentagon has put off awarding a $10 billion cloud computing contract sought by Amazon, saying Thursday that the process will be reviewed by the newly-appointed defense secretary. Amazon was considered a strong contender to provide technology for the Joint Enterprise Defense Infrastructure (JEDI) program — a contract that is also being pursued […]

Amazon expands ‘packaging-free shipment’ programme to 9 Indian cities

NEW DELHI:E-commerce major Amazon on Monday said it is expanding its ‘packaging-free shipment’ (PFS) programme, an India-first initiative, to nine cities including Delhi, Mumbai, Ahmedabad and Nagpur. The programme, under which orders are shipped in their original packaging without any secondary or additional packaging, will also be available in Bengaluru, Gurgaon, Noida, Chennai and Hyderabad. […]

Amazon picks New York City, Washington DC area for $5 billion new headquarters

By Jeffrey Dastin & David Shepardson SAN FRANCISCO/ WASHINGTON: Amazon.com Inc. picked America’s financial and political capitals for massive new offices on Tuesday, branching out from its home base in Seattle with plans to create more than 25,000 jobs in both New York City and an area just outside Washington, D.C. The world’s largest online […]

Walmart surpasses Amazon as online shoppers’ most popular grocer

NEW YORK: Look out, Amazon: Walmart is coming to steal your lunch —and maybe dinner too. The world’s largest retailer has surpassed the e-commerce giant in a survey of online food shoppers, more of whom said they most recently visited Walmart’s site for groceries. Local supermarkets were in third place, fuelled in part by logistics […]

Flipkart, Amazon not violating competition norms: CCI

NEW DELHI: Fair trade watchdog CCI has concluded that the business practices of Flipkart and Amazon are not in violation of competition norms and rejected allegations of abuse of market dominance made by a grouping of online vendors. Amid concerns expressed in various quarters about alleged unfair business ways in the fast-growing online market place, […]

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