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RBI imposes penalty of Rs 3.06 crore on Amazon Pay (India) for violation of norms
RBI imposes penalty of Rs 3.06 crore on Amazon Pay (India) for violation of norms
The fine has been imposed on Amazon Pay (India) for non-compliance with PPI regulations, says RBI
The Reserve Bank of India (RBI) on Friday has imposed…
Amazon joins ONDC, the e-commerce network that plans to challenge the giant itself
Amazon joins ONDC, the e-commerce network that plans to challenge the giant itself
It also flagged the inability of marketplace sellers to move out of the platform ecosystem, given that the value created by these small players is stored…
Amazon CEO Doubles Down On Grocery Store Business
Amazon.com Inc Chief Executive Andy Jassy has vowed to double down on the ecommerce giant’s struggling grocery store business, the Financial Times reported on Monday.
Jassy blamed a lack of normalcy during the pandemic for a series of…
Amazon’s Business In India, Other Emerging Countries On Right Trajectory: CEO Andy Jassy
Investments in countries like India, Brazil, the Middle East are right and the businesses in these countries are on right trajectories: Andy Jassy
Amazon reported a lower-than-expected profit of $278 Mn in Q4 for its overall business…
AWS reports Rs 745 cr revenue opportunity for businesses harnessing data
Organisations in India that harness the power of data can potentially grow their annual business revenue by 13.6% on an average, which is equivalent to up to Rs 745.1 cr in additional annual revenue
Organisations in India that harness…
Amazon adds prescription drug discount programme to health care business
The company said the flat fee could cover a list of medications like the antibiotic amoxicillin and the anti-inflammatory drug naproxen
Amazon is adding a prescription drug discount programme to its growing health care business.
The…
Microsoft, Amazon results to highlight softening cloud business
After years of blistering growth, most recently fuelled by remote working and studying during the pandemic, cloud demand has cooled in the past nine months and sales growth may slow further, analysts said.
Slower cloud spending by…
Amazon Republic Day Sale- Best Deals and Offers on Furniture Items
Amazon Republic Day Sale- Best Deals and Offers on Furniture Items
The ongoing Amazon Republic day sale is now live for all members. During the sale, users can purchase their favorites and essentials at a discounted price. Whether you want…
Amazon Layoffs: ‘God Is Good All The Time’, Man Loses Dream Job 4 Days Before Relocating To Europe
Amazon Layoffs: ‘God Is Good All The Time’, Man Loses Dream Job 4 Days Before Relocating To Europe
Amazon Layoffs: Taking to LinkedIn, Tom Mboya Opiyo narrated his ordeal and shared that he had sold his house and cars in preparation for a…
After India, Amazon to Layoff Employees in THESE Countries
After India, Amazon to Layoff Employees in THESE Countries
Amazon, as part of its plan to fire 18,000 workers, will eliminate a few positions in the United States, Canada, and Costa Rica.
Amazon layoffs: As part of its plan to lay off…