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Amazon India Related news

Amazon's $1 bn deal with Saudi stalled after Khashoggi's killing: Report

Amazon's $1 bn deal with Saudi stalled after Khashoggi's killing: Report

A $1 billion deal to build Amazon data centres in Saudi Arabia appears to have stalled, following the death of journalist Jamal Khashoggi, The Washington Post reported.

After Khashoggi's killing in Istanbul last year, Amazon CEO Jeff Bezos, who also owns The Post, became the target of waves of criticism from Saudi-based online trolls, said the report on Sunday.

Jeff Bezos is set to lose his crown as world’s richest person

Jeff Bezos is set to lose his crown as world’s richest person

Jeff Bezos retained the title of world’s richest person Friday as Amazon.com Inc.’s stock recovered from a sharp slide. Shares of the biggest online retailer fell 1.1% to close at $1,761.33, rebounding from a drop of as much as 9.1% in extended trading a day earlier, after the company reported its first profit decline in two years. Friday’s modest dip trimmed Bezos’s net worth to $109.9 billion, or $2.36 billion more than Bill Gates’s, according to the Bloomberg Billionaires Index.

Jeff Bezos to lose his crown as world's richest after Amazon shares tumble

Jeff Bezos to lose his crown as world's richest after Amazon shares tumble

Jeff Bezos is about to relinquish the title of world’s richest person to Bill Gates, as Amazon.com Inc. stock tumbled in late trading Thursday.

Shares of the biggest online retailer dropped 8.1 per cent to $1,637 in extended trading at 4:24 p.m. in New York. At that price, Bezos would have a net worth of $102.8 billion, ranking him second, and almost $5 billion behind Gates, according to the Bloomberg Billionaires Index. Bezos took the top spot from the Microsoft Corp. co-founder in October 2017.

Amazon found selling clothes from factories other retailers blacklist

Amazon found selling clothes from factories other retailers blacklist

After a 2013 factory collapse killed more than 1,100 people in Bangladesh, most of the biggest U.S. apparel retailers joined safety-monitoring groups that required them to stop selling clothing from factories that violated certain safety standards.

Amazon.com Inc. didn’t join.

Amazon’s new move to boost customer connect: Publishes success of small business sellers on boxes

Amazon’s new move to boost customer connect: Publishes success of small business sellers on boxes

In a first-of-its-kind move by an e-commerce company, Amazon optimising its delivery boxes to increase customer engagement has announced Storyboxes — a packaging initiative where Amazon shares the growth journey of its sellers on the boxes. The company started the initiative during its annual Great Indian Festival sale (September 29 – October 4) to print the stories of its six sellers as of now. The company is looking to increase the number of such sellers’ stories ahead.

Railways to carry Amazon consignments for 3 months

Railways to carry Amazon consignments for 3 months

New Delhi: In a bid to increase revenue through the non-fare sources, the railways has decided to allow carriage to goods of e-commerce giant Amazon on a pilot basis for three months during the non-peak hours, officials said on Monday.

According to Railway Ministry officials, with the pilot project of allowing to carry the e-commerce consignments, the parcel business of Indian Railways will get a major boost.

Netflix and Amazon face censorship threat in India: Report

Netflix and Amazon face censorship threat in India: Report

NEW DELHI/MUMBAI: India is deliberating potential censorship on streaming platforms such as Netflix and Amazon Prime Video, a senior government source told Reuters.

While film and TV certification bodies already moderate public content in India, the country's laws do not allow censorship of content on the increasingly popular online streaming platforms.

You can now ask Alexa to pay all your bills with Amazon Pay

You can now ask Alexa to pay all your bills with Amazon Pay

NEW DELHI : Amazon's virtual assistant Alexa can now take voice commands from you to settle your bills using Amazon Pay. This new Alexa feature supports payment of bills across categories such as electricity, water, post-paid mobile, cooking gas, broadband and DTH.

Users of Amazon Echo, Fire TV Stick and other devices with Alexa built-in can just say commands such as “Alexa, pay my mobile bill" or “Alexa, pay my electricity bill" to get started.

Flipkart forays into original video content to take on Amazon Prime, Netflix

Flipkart forays into original video content to take on Amazon Prime, Netflix

Flipkart on Tuesday announced its foray into original video content with the launch of Flipkart Video Originals, taking the competition in the video-streaming space a notch higher. Integrated within the Flipkart video platform, which was launched in August this year, Flipkart Video Originals will be curated exclusively for the Flipkart platform, the firm said.

Amazon's Great Indian Festival sale: Heavy discounts on smartphones, TVs, accessories, other items

Amazon's Great Indian Festival sale: Heavy discounts on smartphones, TVs, accessories, other items

Amazon is offering heavy discounts on a wide range of products under its 'Great Indian Festival' sale, beginning (today) October 13 - 17, 2019.

First-time users will be able to get free delivery on their first purchase plus the e-commerce site is also offering additional offers on select bank credit and debit cards.

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