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Brian T Olsavsky

Amazon Q2 net profit tanks 77 per cent; remains committed to investing in India

E-tailing giant Amazon's net profits tanked 77 per cent to US $197 million (Rs 1,264 crore) in the June quarter hurt by wider losses in international operations, but said it remains committed to investing in India. According to a PTI...

India is a huge investment opportunity for us: Amazon

E-commerce giant Amazon remains bullish on India, introducing new features for customers and sellers, even as the region continues to weigh heavy on the US-based company's finance. For the December quarter, Amazon's International business posted an operating loss of USD...
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Reliance Retail Q1 profit rises 4.6 % to Rs 2,549 crore

The retail behemoth also recorded 18.87% increase in number of footfalls at its stores at 296 million in the...
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