Amazon to cut more than 18,000 roles, CEO says | E-Commerce News
The job-slashing plan is the largest among recent workforce reductions that have affected the US tech sector. Amazon has announced
Read more
E-Commerce
Indonesia’s home industries turn to TikTok to make it rain | E-Commerce
Bali, Indonesia – Like many in his village, Inggit Pambudi and his wife Mudya Ayu earn a living making and selling
Read more
Cosmetics giant Revlon files for bankruptcy | Business and Economy News
Company lost shelf space in US stores to startups backed by celebrities, and has struggled with inflation and supply chain
Read more
Instead of IPL, Amazon wants to spend money building e-com biz | Business and Economy News
Amazon wants to get its next 100 million customers from the less affluent, non-English speaking pockets of India. Manish Tiwary
Read more
In India, a new platform to curb the powers of Amazon, Flipkart | Business and Economy News
He co-founded software powerhouse Infosys Ltd., became a billionaire and went on to spearhead a colossal government program to create
Read more
Reliance abandons plans to buy Indian retailer amid challenges | Business and Economy News
Reliance’s decision to back out comes after almost two years of litigation as Amazon contested the takeover. By Suvashree GhoshBloomberg Published
Read more
As Indians expect groceries in 10 mins, delivery agents struggle | Business and Economy News
Bengaluru, India–Lately, Shaik Salauddin’s phone has been ringing off the hook. Delivery workers from around India have been calling this
Read more
In latest twist, India’s Future Group challenges lenders in court | Business and Economy News
It’s asking India’s top court to order its lenders and central bank to give it more time, not classify it
Read more
Shares in Future Group firms fall as court dismisses appeal | Business and Economy News
A Delhi court had dismissed Future Retail’s appeal to declare arbitration proceedings with Amazon.com as illegal. Shares in Future Group
Read more
India’s Future Group’s shares surge on suspension of Amazon deal | Business and Economy News
India’s antitrust regulator suspended Amazon’s deal with Future, allowing a deal with competitor Reliance to go ahead. Shares of India’s
Read more