Amazon India Archives

Amazon injects fresh capital of Rs 650 crore in Wholesale India unit this festive season

BalrajDecember 1, 2021

Amazon, the US-based e-commerce conglomerate, has invested Rs 650 crore (~$87 million) in Amazon Wholesale (India), according to regulatory filings. This comes ...

BusinessIndia News

ED summons Amazon India’s Head and Future Group Officials over 2019 disputed deal

BalrajNovember 29, 2021

In connection with Amazon's controversial deal with Kishore Biyani-led Future Coupons Pvt Ltd (FCPL), the Enforcement Directorate (ED) has summoned Amazon's Ind...

BusinessIndia NewsTech

Amazon writes to Future Retail’s independent directors alleging $1.5 billion fund diversion

BalrajNovember 27, 2021

Amazon has written to the independent directors of Future Retail Ltd (FRL) citing "significant financial irregularities," requesting for a "thorough and indepen...

BusinessIndia News

Amazon Executives booked under NDPS Act in alleged Marijuana Sale in Madhya Pradesh

BalrajNovember 21, 2021

After busting a racket that allegedly smuggled Marijuana (ganja) under the premise of offering stevia leaves, a natural sweetener via the e-commerce platform in...

India NewsTrending

Amazon India executives questioned by MP police in connection with marijuana smuggling

BalrajNovember 16, 2021

The local executives of Amazon India have been summoned by the Madhya Pradesh Police Department in connection with the alleged selling of marijuana via its e-co...

India NewsTrending

Amazon iconic arrow with marijuana leaf illustration

Traders’ body CAIT seeks NCB probe against marijuana peddled on Amazon

BalrajNovember 16, 2021

Confederation of All India Traders (CAIT) has demanded the government to take instant action against e-commerce conglomerate Amazon for allegedly using its plat...

India NewsTrending

Future Retail discloses Amazon’s internal emails show it misled CCI, seeks cancellation of FCPL deal

BalrajNovember 15, 2021

The Independent Directors of Future Retail Ltd (FRL) have filed a second letter to the Competition Commission of India (CCI), this time with evidence. FRL's boa...

BusinessIndia NewsMarkets

Amazon India accused of rigging search results

Manasi VarmaOctober 14, 2021

Amazon India has been accused of rigging search results and using data from its consumers to gain an edge over Indian sellers, as per a new report by Reuters. T...

BusinessNews

Amazon Prime Rs 129 monthly plan is back, with some payment restrictions

BalrajOctober 10, 2021

Amazon has reintroduced its one-month Prime membership in India. The monthly Amazon Prime subscription that costs Rs 129 was discontinued earlier this year afte...

India News

NCLT allows Future Group to hold EGMs to sell businesses to Reliance Retail Ventures

BalrajSeptember 29, 2021

The Mumbai Bench of the National Company Law Tribunal (NCLT) has granted approval to Kishore Biyani-led Future Group companies to hold extraordinary general mee...

BusinessIndia News