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Feb 26, 2021 08:39 PM IST 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.
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Feb 26, 2021 10:09 AM IST Merchants wrote to the RBI on February 1, that not allowing storage of the data “disrupts a system that has been functioning seamlessly.”
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Feb 24, 2021 02:20 PM IST 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
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Feb 24, 2021 02:07 PM IST 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.
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Feb 22, 2021 08:54 PM IST 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.
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Feb 22, 2021 01:07 PM IST The apex court has allowed NCLT proceedings, provided the tribunal does not sanction final orders
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Feb 22, 2021 12:01 PM IST Here are some of the best Amazon Fab Phones Fest offers.
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Feb 19, 2021 09:27 PM IST 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.
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Feb 19, 2021 01:17 PM IST 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
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Feb 19, 2021 10:58 AM IST 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.
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Feb 19, 2021 09:27 AM IST This would be the second ED investigation into Amazon, after the agency previously launched a probe for alleged violation of FDI rules.
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Feb 18, 2021 08:14 PM IST 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.
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Feb 18, 2021 03:49 PM IST 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.
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Feb 18, 2021 03:33 PM IST The documents reviewed by Reuters are for the period between 2012 and 2019 and include business reports, draft meeting notes, emails, and PowerPoint slides.
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Feb 18, 2021 03:21 PM IST 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
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Feb 18, 2021 02:47 PM IST 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.
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Feb 17, 2021 11:02 PM IST Amazon is known to be having a set of preferred vendors who get a majority of the business generated by the e-commerce giant.
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Feb 17, 2021 06:52 PM IST 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.”
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Feb 16, 2021 02:32 PM IST 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.
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Feb 15, 2021 02:28 PM IST 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.
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Feb 15, 2021 09:42 AM IST 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.
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Feb 14, 2021 09:20 AM IST 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.”
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Feb 13, 2021 08:33 AM IST 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
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Feb 12, 2021 05:20 PM IST -
Feb 11, 2021 09:22 AM IST 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