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Amazon exits Shoppers Stop; sells 4% stake for Rs 276 cr

Amazon, through its investment arm Amazon.com NV Investment Holdings, sold nearly 44 lakh shares in Mumbai-headquartered Shoppers StopNew Delhi: Global e-commerce giant Amazon on Wednesday exited retail chain Shoppers Stop by selling a 4 per cent stake in the...

E-commerce firms must ensure transparency, uphold consumer interest: Pralhad Joshi

The future of e-commerce in India is bright, inclusive and transformative, the minister said emphasising the sheer size and potential of India marketNew Delhi: Minister for Consumer Affairs Pralhad Joshi on Tuesday asserted that e-commerce companies have a significant...

Amazon readies for pilot of under-15 min delivery of daily essentials in Bengaluru

Amazon's strategy has focused on "selection, value and convenience" and the overall vision is to build a large profitable business in India, he assertedNew Delhi: E-commerce giant Amazon is rolling up its sleeves to start, this month, a pilot...

Amazon affirms commitment to enabling $80 bn exports from India by 2030

The new vision of Amazon marks a scale-up from the target so far of $20 billion by 2025New Delhi: E-commerce major Amazon on Tuesday pledged its commitment to enabling $80-billion in cumulative exports from India by 2030.The new vision...

At Good Glamm, AI chatbots have slashed workload by 70-80%: Deep Ganatra, CPTO

Deep Ganatra, chief product & technology officer (CPTO), The Good Glamm Group, sheds light on the role of technology in the beauty and wellness industry and its impact on personalisationNew Delhi: With almost two decades of experience in the...

Black Friday 2024: Indian Retailers Gear Up for Massive Growth

Retailers across various categories have already kicked off their Black Friday campaigns, with expectations of 10% - 200% sales growth compared to last year Originally an American retail tradition, Black Friday has firmly rooted itself in the Indian market as...

E-commerce firms should respect law of land: Goyal

Addressing an event in Mumbai, Goyal said the country's foreign direct investment (FDI) norms are clear for the e-commerce retail and these companies should stick to the rule of the lawNew Delhi: Commerce and Industry Piyush Goyal On Tuesday...

Bollywood star Ranveer Singh becomes co-founder of supplement brand Superyou

Superyou’s protein wafer bars will soon be available through its website and major online platforms, including Amazon, Flipkart, Zepto, and Blinkit. New Delhi: Bollywood star Ranveer Singh has ventured into the world of protein foods and supplements as the co-founder of...

Amazon narrows losses by 28% to Rs 3,470 crore

In the previous fiscal year Amazon's total losses stood at Rs 4,854 crore New Delhi: Amazon has narrowed its net losses in India by 28% to Rs 3,470 crore for the fiscal year 2023-24 compared to the previous fiscal year...

ED searches 19 premises of Amazon, Flipkart vendors in FEMA probe

It is learnt that the ED inspected documents and took copies of some from the premises of about six such vendors who were not named.New Delhi: The Enforcement Directorate Thursday conducted searches against some of the "main vendors" operating...
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Digital Icon : Rakesh Bali

Rakesh Bali is at the helm of brand marketing, communications, events, and sustainability-related marcom initiatives for the petrochemicals segment...
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