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Traders' bodies have accused Amazon. Flipkart of involving in malpractices to hurt small traders. (Mint/Abhijit Bhatlekar)

Traders’ body says agitational approach needed if MNCs are not reined in

By hindustantimes.com, Hindustan Times, New Delhi
PUBLISHED ON JUN 15, 2021 06:44 PM IST
  • Several traders’ bodies including the BUVM and the Confederation of All India Traders (CAIT) have raised their concerns over the way major foreign e-commerce companies have been conducting their business.
NYT's website reported an outage on Tuesday, (AP Photo)
NYT's website reported an outage on Tuesday, (AP Photo)

Financial Times, New York Times, Bloomberg News websites down

Reuters |
UPDATED ON JUN 08, 2021 03:44 PM IST
Amazon.com's retail website also faced an outage.
Amazon's total net sales from the quarter grew 44 per cent from the year-ago period to 108.5 billion dollars. In picture - Packages move along a conveyor at an Amazon warehouse facility.(AP)
Amazon's total net sales from the quarter grew 44 per cent from the year-ago period to 108.5 billion dollars. In picture - Packages move along a conveyor at an Amazon warehouse facility.(AP)

Amazon's profit soars more than 200% in Q1 to USD 8 billion

ANI | , New York
PUBLISHED ON APR 30, 2021 01:15 PM IST
The tech giant reported 8.1 billion dollars in quarterly net income, up 224 per cent from the same period in the prior year. Earnings hit 15.79 dollars per diluted share.
Home Town - One-stop destination for home solution from Future group. The store is located at Rajarhaat New Town, Kolkata. (Indranil Bhoumik/Mint)
Home Town - One-stop destination for home solution from Future group. The store is located at Rajarhaat New Town, Kolkata. (Indranil Bhoumik/Mint)

Future urges Singapore tribunal to modify order to exclude FRL

By Anirudh Laskar, Livemint, Mumbai
PUBLISHED ON MAR 18, 2021 08:18 AM IST
  • Future group has realised that Future Retail cannot proceed with the deal owing to the SIAC order.
Last year the United States Navy banned TikTok from government-issued mobile devices, saying the short video app represented a “cybersecurity threat.”(REUTERS)
Last year the United States Navy banned TikTok from government-issued mobile devices, saying the short video app represented a “cybersecurity threat.”(REUTERS)

Amazon bans TikTok on employees’ phones, cites ‘security risks’

Reuters | By Reuters
UPDATED ON JUL 11, 2020 12:26 AM IST
Chinese-owned social media platform TikTok, among the fastest growing digital platforms in history, is facing heavy scrutiny outside China. India banned TikTok and other Chinese apps in June.
FILE PHOTO: 2018 Vanity Fair Oscar Party – Arrivals – Beverly Hills, California, U.S., 04/03/2018 – Amazon CEO Jeff and wife MacKenzie Bezos. REUTERS/Danny Moloshok/File Photo(REUTERS FILE)
FILE PHOTO: 2018 Vanity Fair Oscar Party – Arrivals – Beverly Hills, California, U.S., 04/03/2018 – Amazon CEO Jeff and wife MacKenzie Bezos. REUTERS/Danny Moloshok/File Photo(REUTERS FILE)

Amazon’s Jeff Bezos, wife finalise divorce with $38 bn settlement: Report

San Francisco | By Press Trust of India
UPDATED ON JUL 06, 2019 10:09 AM IST
Under the agreement, MacKenzie Bezos, 49, will receive approximately 19.7 million Amazon.com shares, giving her a four percent stake in the company valued at USD 38.3 billion, and landing her at 22nd on the Bloomberg Billionaires Index, the news service said.
Special counsel Robert Mueller's redacted report on the investigation into Russian interference in the 2016 presidential election is photographed Thursday, April 18, 2019, in Washington. (AP Photo/Jon Elswick)(AP)
Special counsel Robert Mueller's redacted report on the investigation into Russian interference in the 2016 presidential election is photographed Thursday, April 18, 2019, in Washington. (AP Photo/Jon Elswick)(AP)

Publishers hurry to release book editions of Mueller Report

Associated Press | By Associated Press, New York
UPDATED ON APR 19, 2019 02:27 PM IST
Mueller Report: Scribner, Melville House and Skyhorse Publishing are among those planning to have paperbacks out before the end of the month. Two books already are in the top 100 on Amazon.com even though free pdfs are available online.
On cue, India this month rolled out constraints on foreign e-commerce players including Jeff Bezos-led Amazon and Walmart-owned Flipkart, which together control 70 percent of its online shopping.(Bloomberg)
On cue, India this month rolled out constraints on foreign e-commerce players including Jeff Bezos-led Amazon and Walmart-owned Flipkart, which together control 70 percent of its online shopping.(Bloomberg)

How Jeff Bezos lost out to billionaire Mukesh Ambani in poll-bound India

New Delhi | By P R Sanjai and Saritha Rai, Bloomberg
UPDATED ON FEB 05, 2019 05:11 PM IST
Amazon.com and Walmart Inc.’s plans to dominate India’s online retail landscape have been ambushed by Prime Minister Narendra Modi’s political priorities heading into a tightening election.
Employees work at Anker's headquarters in Shenzhen.(Bloomberg)
Employees work at Anker's headquarters in Shenzhen.(Bloomberg)

How Amazon helped ex-Googler turn mom’s money into a billion dollars

By Blake Schmidt and Venus Feng, Bloomberg
UPDATED ON MAY 28, 2018 08:47 PM IST
Steven Yang left his Google job and combined his money with mom’s to start a company that sells products on Amazon.com. Now, he has signed deal to put products in almost 4,000 Walmart Inc. and 900 Best Buy Co. stores in the US.
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