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  • Amazon will take stake in Grubhub, offer prime users membership Jul 06, 2022 12:49 PM IST

    Amazon will take stake in Grubhub, offer prime users membership

    The membership agreement will renew every year unless Amazon or Grubhub terminates it, Amsterdam-based Just Eat said in a statement on Wednesday. Amazon will also receive the equivalent of a 2% stake in Grubhub’s common equity with options to increase the holding to 15%.

  • Companies could face hurdles covering abortion travel costs Jul 05, 2022 12:58 PM IST

    Companies could face hurdles covering abortion travel costs

    After Roe V Wade judgement, companies like Amazon, Disney, Apple and JP Morgan pledged to cover travel costs for employees who live in states where the procedure is now illegal so they can terminate pregnancies.

  • MC Explains | ONDC, the 'UPI of e-commerce' Jul 04, 2022 10:26 AM IST

    MC Explains | ONDC, the 'UPI of e-commerce'

    The government is working on an exciting project—the Open Network For Digital Commerce, or ONDC. In a nutshell, you'll have one platform that connects all e-commerce websites, apps and services. The aim is to counter the dominance of current e-commerce giants like Amazon, Flipkart, Zomato, Swiggy, Ola and Uber. With ONDC, the government hopes to bring smaller retailers at par with them. A pilot has already been rolled out. So, how will ONDC work? Watch this video to find out

  • Jeff Bezos hits out at White House after Biden asks gas companies to lower prices Jul 03, 2022 10:56 AM IST

    Jeff Bezos hits out at White House after Biden asks gas companies to lower prices

    "Inflation is far too important a problem for the White House to keep making statements like this," Jeff Bezos tweeted.

  • Historic Dutch bridge won’t be dismantled for Jeff Bezos’ $500 million superyacht Jul 02, 2022 03:05 PM IST

    Historic Dutch bridge won’t be dismantled for Jeff Bezos’ $500 million superyacht

    The shipyard that is building Jeff Bezos’ superyacht has decided against asking the Dutch city of Rotterdam to dismantle a historic bridge in order to allow the vessel to pass.

  • Amazon driver saves Mumbai schoolgirl from horrific injury: ‘Iron pierced her cheek’ Jul 02, 2022 12:37 PM IST

    Amazon driver saves Mumbai schoolgirl from horrific injury: ‘Iron pierced her cheek’

    An Amazon delivery driver, a school watchman and a local resident of Thane came together on Friday morning to save a schoolgirl from horrific injuries.

  • Ladies & Gentlemen, The Weekend! Jul 01, 2022 07:14 PM IST

    Ladies & Gentlemen, The Weekend!

    Our detailed guide to all the latest OTT releases, book recommendations, podcasts and exciting activities to indulge over the weekend! This weekend, you can pick from a host of Netflix & Amazon prime releases, a book on making better decisions, listening to podcasts, attending fun events & much more!

  • Reliance succession plan is a classic playbook for other businesses Jul 01, 2022 07:06 PM IST

    Reliance succession plan is a classic playbook for other businesses

    Ambani's succession plan comes against a backdrop of financial stability and is part of an overall group restructuring.

  • RBI Financial Stability Report: Fintech delinquencies halved to 2.26% in March Jun 30, 2022 04:05 PM IST

    RBI Financial Stability Report: Fintech delinquencies halved to 2.26% in March

    Further, the report reiterated RBI's stance that fintech has exposed the banking system to new risks, and the presence of Big Techs like Apple, Google, Meta, Amazon, etc in fintech has increased risks to financial stability.

  • Singapore panel rejects Future plea to terminate arbitration proceedings with Amazon Jun 29, 2022 10:52 AM IST

    Singapore panel rejects Future plea to terminate arbitration proceedings with Amazon

    It noted that the CCI order keeping its approval for Amazon-FCPL deal in abeyance did not render arbitration proceedings unnecessary or impossible.

  • What entrepreneurs need to keep in mind while building products for next billion Jun 28, 2022 11:01 PM IST

    What entrepreneurs need to keep in mind while building products for next billion

    Koo’s co-founder and CEO Aprameya Radhakrishna, Amazon’s Head - Strategic Initiatives - Public Sector Deepti Dutt, Zomato’s Chief Technology Officer Gunjan Patidar, and Delhivery co-founder Suraj Saharan weigh in

  • NCLT reserves order on initiating insolvency proceedings against Future Retail Jun 27, 2022 04:33 PM IST

    NCLT reserves order on initiating insolvency proceedings against Future Retail

    A consortium of lenders, led by Bank of India, filed the insolvency application on April 14, seeking claims of Rs 5,322.32 crore from Future Retail as of March 31

  • Captive 5G network norms must be implemented in letter and spirit of Cabinet decision: BIF Jun 27, 2022 03:39 PM IST

    Captive 5G network norms must be implemented in letter and spirit of Cabinet decision: BIF

    The enterprises should, in all fairness, be allowed their fundamental right to choose with whom they partner to set up their private captive networks, Broadband India Forum (BIF) said in a statement.

  • Moneycontrol Selects: Top stories this afternoon Jun 27, 2022 02:22 PM IST

    Moneycontrol Selects: Top stories this afternoon

    Our specially curated package of the most interesting articles of the day will help you stay at the top of your game.

  • Kolkata student rejects Google, Amazon for plum Facebook job. His salary is… Jun 27, 2022 01:51 PM IST

    Kolkata student rejects Google, Amazon for plum Facebook job. His salary is…

    "I thought choosing Facebook would be the best as the pay package offered by them was high," Bisakh Mondal said.

  • Netflix, Amazon, Meta: How top companies are helping women in wake of Roe v Wade ruling Jun 25, 2022 02:46 PM IST

    Netflix, Amazon, Meta: How top companies are helping women in wake of Roe v Wade ruling

    Several major companies in the United States said they will cover travel costs for employees who needed to travel outside their home states for an abortion.

  • Ladies & Gentlemen, The Weekend! Jun 25, 2022 09:00 AM IST

    Ladies & Gentlemen, The Weekend!

    Our detailed guide to all the latest OTT releases, book recommendations, podcasts and exciting activities to indulge over the weekend! This weekend, you can pick from a host of Netflix & Amazon prime releases, a book on making better decisions, listening to podcasts, attending fun events & much more!

  • Amazon has a plan to make Alexa mimic anyone's voice Jun 24, 2022 06:50 AM IST

    Amazon has a plan to make Alexa mimic anyone's voice

    The online retailer is developing a system to let Alexa mimic any voice after hearing less than a minute of audio, said Rohit Prasad, an Amazon senior vice president, at a conference the company held in Las Vegas Wednesday.

  • Amazon has a plan to make Alexa mimic anyone's voice Jun 23, 2022 08:53 AM IST

    Amazon has a plan to make Alexa mimic anyone's voice

    The online retailer is developing a system to let Alexa mimic any voice after hearing less than a minute of audio, said Rohit Prasad, an Amazon senior vice president, at a conference the company held in Las Vegas Wednesday.

  • Bank of India says Future Retail’s insolvency petition “fully and wholly” satisfies parameters Jun 22, 2022 05:21 PM IST

    Bank of India says Future Retail’s insolvency petition “fully and wholly” satisfies parameters

    Bank of India on April 14 filed insolvency proceedings against Future Retail for non-payment of dues. Future Retail owes banks Rs 5,322.32 crore as of March 31, according to Bank of India’s petition in the NCLT.

  • Bank of India’s insolvency petition against Future Retail ‘malicious,’ says Amazon Jun 20, 2022 05:52 PM IST

    Bank of India’s insolvency petition against Future Retail ‘malicious,’ says Amazon

    Bank of India on April 14 filed insolvency proceedings against Future Retail for non-payment of dues. Future Retail owes banks Rs 5,322.32 crore as of March 31, according to Bank of India’s petition in the NCLT. Lenders to the company include Union Bank of India, State Bank of India, Bank of Baroda and IDBI Bank.

  • Jeff Bezos shares throwback pic with dad on Father's Day with a short and sweet note Jun 20, 2022 12:47 PM IST

    Jeff Bezos shares throwback pic with dad on Father's Day with a short and sweet note

    Jeff Bezos has always been quite public in his admiration of his stepfather Miguel Bezos who fled to the US from Cuba in the early 1960s when Fidel Castro came to power.

  • Warehouse business catches fire, boosted by pandemic, e-commerce Jun 19, 2022 11:18 AM IST

    Warehouse business catches fire, boosted by pandemic, e-commerce

    "It's been a tremendous struggle to find the appropriate location for clients," said Michael Schipper of Blau & Berg, a commercial real estate specialist in New Jersey and New York.

  • Amazon pulled the plug on cricket, still believes in India Jun 16, 2022 07:59 AM IST

    Amazon pulled the plug on cricket, still believes in India

    Securing digital streaming rights to the cricket tournament would be a huge coup, potentially luring hundreds of millions of viewers to Amazon.

  • NCLAT judgment in Amazon-Future case sends a strong message, say experts Jun 13, 2022 07:00 PM IST

    NCLAT judgment in Amazon-Future case sends a strong message, say experts

    The setback faced by Amazon is also likely to act as a cautionary tale for others who are likely to seek CCI approval in line with regulatory compliance, legal experts believe.

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