India has recently taken a daring move in the quest for global AI infrastructure. Cloud service firms based in India that manage global workloads would be eligible for a tax break until 2047, according to Finance Minister Nirmala Sitharaman. Income from services offered abroad is effectively tax-free. Microsoft, Amazon, and
The most recent round of layoffs at global technology giant Amazon will also affect its operations in India, where 500–700 workers are anticipated to be affected. Yet another round of reductions has been announced by Amazon. This time, the corporation plans to fire some 16,000 workers worldwide. This
The Central Consumer Protection Authority (CCPA), a consumer watchdog, fined Amazon, Meesho, Meta, and other e-commerce sites for selling walkie-talkies illegally, claiming that thousands of listings violated consumer and telecom regulations. In addition to a number of smaller merchants and websites, the CCPA reported that it discovered over 16,900
With 53 million distinct transacting clients, Flipkart Minutes, the company's fast commerce platform, saw a 16X increase in the second half of the year. Flipkart Minutes saw significant growth during the holiday season, with demand for products like jewellery, high-end gadgets, home décor, and mobile phones increasing by
As hyperscalers compete for market share, Amazon pledged on December 20 to invest more than $35 billion in India's cloud and AI space by 2030. The pledge, which was made public at the Amazon Smbhav Summit in New Delhi, expands on the almost $40 billion that has previously
According to an Economic Times report, Amazon India has eliminated the referral fee for sellers of goods under INR 1,000 until December 31. Depending on the product category, the referral fee, a commission that Amazon charges for every sale, normally varies from 2 to 16.5%. The waiver was
Amazon, the massive online retailer, announced on 27 October that it had exceeded its goal of $20 billion in total exports from India over the past ten years and is now aiming for $80 billion in outflows by 2030. Since its introduction in 2015, Amazon has registered over 200,000
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A few years ago, selling online in India meant figuring out Amazon or Flipkart and hoping for the best. Today, things look very different. Small businesses, local shopkeepers, even individual resellers now have dozens of platforms to choose from; some built for specific niches like fashion or electronics, others open
Following its initial debut in Bengaluru, Amazon has expanded its 10-minute delivery service, Amazon Now, to a few parts of Delhi. The business was excited about the favourable comments made by clients. This action demonstrates Amazon's dedication to the quickly expanding quick-commerce market in India, where rivals Zepto
According to a media report, US satellite companies Starlink and Amazon Kuiper have inked their first commercial agreements with VSAT providers in India. This step marks a significant step towards the establishment of government and business satellite broadband services before satellite spectrum is formally allotted. Through these collaborations, the low-Earth
On June 22, Amazon India announced that it is entering the diagnostics market with the launch of a new at-home diagnostics service that will allow customers to book lab tests, schedule and track appointments, and access digital reports from the Amazon app, completing the trinity of healthcare service offerings. Through
This year, Amazon plans to invest $233 million, or more than INR 2,000 crore, in India to develop and improve its operational infrastructure there. As the Seattle-based e-commerce company competes with well-funded companies Zepto, Zomato, and Swiggy in the lucrative rapid commerce market, some of the funds will also
E-commerce giant Amazon has been ordered by a Mumbai consumer dispute redressal tribunal to reimburse a disgruntled customer INR 40,000, including legal fees, for failing to deliver a Rakhi valued at INR 100. A bench of the District Consumer Disputes Redressal Commission for the Mumbai suburban area issued an
According to Amazon's regulatory filing with the Registrar of Companies (RoC), the merger was given temporary clearance by the Bengaluru bench of the National Company Law Tribunal (NCLT) on February 5, 2025. In a second filing with the NCLT, the e-commerce giant stated that the action will assist
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India has been a hub for international businesses for several decades, and the presence of multinational companies has played a crucial role in boosting the country's economy. The Indian market offers a vast consumer base and a skilled workforce, making it an attractive destination for MNCs to set
Amazon has applied a smart move to attract more shoppers on to its platform. The e-commerce giant has been cutting a number of seller fees, which should result in lower product prices, so shopping there might be less expensive. Because the firm is eliminating referral fees and commissions paid to
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The Maha Kumbh Mela of Hindus, celebrated 144 years ago, is a religious event that is attended by millions of pilgrims from all over the world. The pilgrims are from far away to four places in India - the Holy cities of Prayagraj (Allahabad), Haridwar, Ujjain, and Nashik. Based on
For more than INR 450 Cr, Amazon India has purchased a 38.18-acre plot of land in Palava, close to Mumbai, from Lodha Group, a company known as Macrotech Developers, with plans to construct a hyperscale data centre. According to a media report, the previously approved floor space index, which
In an effort to save money, Amazon India is relocating its headquarters from the World Trade Centre in Bengaluru's northwest to a site near the airport, according to various media reports. In a 30-story building owned by Brigade Enterprises, the e-commerce and cloud computing giant currently utilises half
According to a senior corporate official on 2 November 2024, the Diwali season sale during the Amazon Great Indian Festival (AGIF) 2024, which started on September 27, was driven by demand for high-end products across a variety of categories, including televisions, smartphones, and major appliances. During the Amazon Great Indian
To meet the heightened demand that occurs throughout the holiday season, Amazon India announced on 12 September 2024 that it has established more than 110,000 seasonal job opportunities across its operational network. According to a statement released by the corporation, these opportunities include both direct and indirect employment prospects
Rufus, a new conversational shopping assistant driven by generative artificial intelligence, has been introduced to the Indian market by the eCommerce retail giant Amazon. On the Amazon India mobile app, the assistant will initially be made accessible in beta mode to a restricted group of consumers. In the following weeks,
In a possible deal involving its rapid commerce division under Instamart, Amazon India has reportedly approached Swiggy, which is preparing for an IPO, according to three people familiar with the situation. This news follows closely on the back of Swiggy's secretly submitting draft documents with Sebi for an
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India's leading digital commerce entity Flipkart is working to venture into the fast-paced world of quick commerce to meet the burgeoning demand for rapid delivery of everyday essentials. Flipkart has recently unveiled its latest initiative of same-day delivery service now available in 20 major Indian cities. This strategic