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  • Amazon, Flipkart vs CCI | When big players enter the space, they give discounts to weed out competition: CCI to Karnataka High Court Feb 26, 2021 08:39 PM IST

    Amazon, Flipkart vs CCI | When big players enter the space, they give discounts to weed out competition: CCI to Karnataka High Court

    The submission was made during the hearing of the challenge to the CCI order which sought an investigation into alleged anti-competitive practices by Amazon and Flipkart last year.

  • RBI rejects merchants’ bid to allow storage of customer credit card data: Report Feb 26, 2021 10:09 AM IST

    RBI rejects merchants’ bid to allow storage of customer credit card data: Report

    Merchants wrote to the RBI on February 1, that not allowing storage of the data “disrupts a system that has been functioning seamlessly.”

  • Amazon-Axis-ICICI-Visa consortium to set up ‘UPI-like’ payments system via NUE: Report Feb 24, 2021 02:20 PM IST

    Amazon-Axis-ICICI-Visa consortium to set up ‘UPI-like’ payments system via NUE: Report

    The proposal is likely to be presented to the Reserve Bank of India (RBI) before February 26, which is the deadline to submit bids for NUEs

  • Flipkart plans to deploy 25,000 EVs by 2030 in India Feb 24, 2021 02:07 PM IST

    Flipkart plans to deploy 25,000 EVs by 2030 in India

    The e-tailer has already started deploying 2 and 3-wheeler electric vehicles in multiple locations for delivery across the country, including in Delhi, Bengaluru, Hyderabad, Kolkata, Guwahati and Pune.

  • Over 8 crore traders to participate in Bharat Band protest on February 26: CAIT Feb 22, 2021 08:54 PM IST

    Over 8 crore traders to participate in Bharat Band protest on February 26: CAIT

    The business community which was enthusiastic about the goods and service tax (GST) system when it was introduced now feels depressed because of wide complications in GST compliance and imposition of huge penalties even for small unintentional errors.

  • Amazon vs Future | SC allows NCLT to continue proceedings but restrains from passing final order Feb 22, 2021 01:07 PM IST

    Amazon vs Future | SC allows NCLT to continue proceedings but restrains from passing final order

    The apex court has allowed NCLT proceedings, provided the tribunal does not sanction final orders

  • Amazon Fab Phones Fest Sale | Check Best Smartphone Deals And Offers Feb 22, 2021 12:01 PM IST

    Amazon Fab Phones Fest Sale | Check Best Smartphone Deals And Offers

    Here are some of the best Amazon Fab Phones Fest offers.

  • CAIT accuses Narayana Murthy of helping Amazon, demands government investigation Feb 19, 2021 09:27 PM IST

    CAIT accuses Narayana Murthy of helping Amazon, demands government investigation

    The CAIT has also dragged banks such as HDFC Bank and State Bank of India for partnering with Amazon to give shopping advantage to people for purchasing goods exclusively from Amazon and other e-commerce companies.

  • To ensure fair competition in e-retail, keep a close eye on Amazon Feb 19, 2021 01:17 PM IST

    To ensure fair competition in e-retail, keep a close eye on Amazon

    Of particular scrutiny should be the Seattle-based company’s contractual arrangements with its bigger selling partners in India and how the terms specified in such pacts compare with what Amazon has with its other selling partners 

  • CAIT demands ban on Amazon's e-commerce operations in India Feb 19, 2021 10:58 AM IST

    CAIT demands ban on Amazon's e-commerce operations in India

    CAIT Secretary-General Praveen Khandelwal demanded an "immediate ban on Amazon's portal and its operations in India" and an investigation against the company in a time-bound manner.

  • Enforcement Directorate begins second probe into Amazon based on Reuters story: Report Feb 19, 2021 09:27 AM IST

    Enforcement Directorate begins second probe into Amazon based on Reuters story: Report

    This would be the second ED investigation into Amazon, after the agency previously launched a probe for alleged violation of FDI rules.

  • Report finds Amazon flouting Indian laws | In conversation with CAIT’s Praveen Khandelwal Feb 18, 2021 08:14 PM IST

    Report finds Amazon flouting Indian laws | In conversation with CAIT’s Praveen Khandelwal

    Taking its fight against e-commerce majors Amazon and Flipkart to the next level, trader body Confederation of All India Traders (CAIT) has announced it will be launching a nationwide agitation from January 26 with sit-ins at up to 1,500 locations. Praveen Khandelwal tells Priyanka Sahay why it is important and what legal actions the industry body is contemplating.

  • Amazon India head assuages employee concerns, says company has 'always been compliant with all Indian laws' Feb 18, 2021 03:49 PM IST

    Amazon India head assuages employee concerns, says company has 'always been compliant with all Indian laws'

    According to a detailed report by international news agency Reuters, which has quoted documents dated between 2012 and 2019, Amazon has circumvented Indian laws which only allow marketplace models, on multiple fronts.

  • Amazon in India: Here’s all you need to know about what the Reuters’ report reveals Feb 18, 2021 03:33 PM IST

    Amazon in India: Here’s all you need to know about what the Reuters’ report reveals

    The documents reviewed by Reuters are for the period between 2012 and 2019 and include business reports, draft meeting notes, emails, and PowerPoint slides.

  • Amazon’s dodgy ways will not cut ice in India Feb 18, 2021 03:21 PM IST

    Amazon’s dodgy ways will not cut ice in India

    To use subterfuges to test the malleability of Indian law, is most likely to see Amazon lock horns with the Government of India, which has time and again stressed that the interest of the small trader will be protected

  • CAIT to organise mass agitation to protest against anti-competitive practices of Amazon: Praveen Khandelwal Feb 18, 2021 02:47 PM IST

    CAIT to organise mass agitation to protest against anti-competitive practices of Amazon: Praveen Khandelwal

    In order to abide by the laws on papers, Amazon in February restructured its partnership with companies such as Catamaran Ventures through which it runs a venture called Cloudtail, one of its preferred vendors.

  • Fresh trouble brews for Amazon soon after it announces plans to manufacture in India Feb 17, 2021 11:02 PM IST

    Fresh trouble brews for Amazon soon after it announces plans to manufacture in India

    Amazon is known to be having a set of preferred vendors who get a majority of the business generated by the e-commerce giant.

  • Amazon documents reveal company’s secret strategy to dodge India’s regulators Feb 17, 2021 06:52 PM IST

    Amazon documents reveal company’s secret strategy to dodge India’s regulators

    Amazon favored big sellers on its India platform – and used them to maneuver around rules meant to protect the country's small retailers from getting crushed by e-commerce giants, internal documents show. As one presentation urged: “Test the Boundaries of what is allowed by law.”

  • Amazon to make in India, to start production in Chennai by 2021-end Feb 16, 2021 02:32 PM IST

    Amazon to make in India, to start production in Chennai by 2021-end

    In a huge shot in the arm for the government effort to boost local manufacturing, Amazon India said it would open its first manufacturing outlet in Chennai.

  • Govt may tweak 2% equalisation levy to provide relief to local traders Feb 15, 2021 02:28 PM IST

    Govt may tweak 2% equalisation levy to provide relief to local traders

    Experts believe the levy could lead to double taxation burden in cases where both the buyer and seller are resident Indians but carry out the transaction on a non-resident ecommerce portal such as Amazon.

  • Amazon sought $40 million to let Future-Reliance deal proceed Feb 15, 2021 09:42 AM IST

    Amazon sought $40 million to let Future-Reliance deal proceed

    Amazon, which owns a 49 percent stake in Future Coupons, an unlisted company, has challenged the Future Group-Reliance Retail deal, claiming it did not consent to such a transaction.

  • An unleashed Jeff Bezos will seek to shift space venture Blue Origin into hyperdrive Feb 14, 2021 09:20 AM IST

    An unleashed Jeff Bezos will seek to shift space venture Blue Origin into hyperdrive

    Jeff Bezos has been liquidating about $1 billion of Amazon stock annually to fund Blue, which he said in 2018 was “the most important work that I’m doing.”

  • Amazon and The Washington Post | Two sides of the Jeff Bezos coin Feb 13, 2021 08:33 AM IST

    Amazon and The Washington Post | Two sides of the Jeff Bezos coin

    Contrary to the dark underbelly of the business model practised by Amazon for two decades and its ruthless and predatory practices, the story of The Washington Post under Jeff Bezos’ ownership presents an entirely different picture 

  • Amazon merges Pantry with Fresh to simplify customer experience  Feb 12, 2021 05:20 PM IST

    Amazon merges Pantry with Fresh to simplify customer experience 

  • Andy Jassy’s accession marks a tricky transition for Amazon Feb 11, 2021 09:22 AM IST

    Andy Jassy’s accession marks a tricky transition for Amazon

    One factor common to companies that have done well during such transitions is that the professional leader taking over from the founder is an insider, a man who’s often worked closely with him

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