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Delivery hubs planned for Amazon Fresh

Amazon is looking to build large delivery hubs in Bengaluru and Hyderabad for its Amazon Fresh two-hour grocery and fresh produce retailing service, a person aware of the development said, as the company increases its bet on daily essentials ordered online.

All foreign investments must adhere to law of the land: Piyush Goyal on Amazon

Commerce Minister Piyush Goyal on Friday said his statement that Amazon was "not doing a favour" by investing in India was taken out of context and that the government welcomes all investments provided they play by the rules. Goyal said that these investments should not create unfair competition for small traders."We welcome all types of investments. But if the foundation of any investment violates law then there will be a legal process. Some people think I said something negative against Amazon. If you look at the context of my statement, I said investment should come within the law and regulations. This process is followed across the world," the minister told reporters here when asked to comment on his statement.

All foreign investments must adhere to law of the land: Piyush Goyal on Amazon row

Speaking at the Raisina Dialogue 2020 in New Delhi, Goyal had on Thursday said that Amazon is not doing a favour to India when they invest a billion dollars in the country.

After India's Amazon snub, BJP slams Jeff Bezos-owned Washington Post

Vijay Chauthaiwale, the chief of the BJP's foreign affairs department, said there was "a lot of problem" with the newspaper's coverage of India, but did not give any specific examples.

Amazon promises 1 million new jobs in India amid tensions with government

Amazon.com Inc chief Jeff Bezos had on Wednesday announced USD 1 billion (over Rs 7,000 crore) investment in India to help bring small and medium businesses online and committed to exporting USD 10 billion worth of India-made goods by 2025. "We are investing to create a million new jobs here in India over the next five years," Bezos said.

Why Jeff Bezos' billion-dollar pledge hasn't impressed anyone in India

Bezos faced opposition during his tour to India intended to underscore its importance as Amazon's growth driver.

MNCs, India Inc put off by Piyush Goyal’s remark on Amazon

Business leaders say such statements may drive away foreign investments.

How worried should Amazon's Jeff Bezos be about India?

How worried should the Amazon boss be? Things will be clear after Ambani takes his JioMart live.

Kishore Biyani sees a ‘Phygital’ future for retail

Chief of Future Group said physical and online retail channels may converge soon.

Creating individual e-stores for traders, will roll out at national level soon: CAIT

"We are not against e-commerce and (are) rather of the considered opinion that e-commerce is a rapidly growing future mode of business and have undertaken a task to align the trading community with e-commerce by creating individual e-store of every trader in the country," Khandelwal said.

Amazon not doing a favour by investing $1 billion: Piyush Goyal

Amazon not doing a favour by investing $1 billion: Piyush Goyal

Amazon CEO Jeff Bezos, who is on a visit to India, said on Wednesday that Amazon will invest another $1 billion in the country to help small and medium businesses sell their products, seen as an attempt to bridge differences with brick-and-mortar retailers. The amount adds to the $5 billion Amazon has pumped into India since 2013.

Digital, physical retail have own advantages, challenges; hybrid model 'phygital' can perform better: Kishore Biyani

Digital, physical retail have own advantages, challenges; hybrid model 'phygital' can perform better: Kishore Biyani

Biyani, in a fireside chat at Amazon's SMBhav event, said physical and digital retail started in different eras but will eventually come together in the next 3-4 years. "Physical has its own advantages and nuances and digital has its own advantages. Both of them came in different eras and they will meet, I think in next 3-4 years it will be 'phygital',".

PM Modi unlikely to meet Jeff Bezos this time

PM Modi unlikely to meet Jeff Bezos this time

Ecommerce marketplaces such as Amazon and Walmart-owned Flipkart have been accused of flouting India's foreign investment rules and are also the subject of an investigation by the antitrust agency. The companies have maintained that they fully comply with Indian laws.

Jeff Bezos shares insights on taking risks for a venture, says Amazon 'best place to fail'

Jeff Bezos shares insights on taking risks for a venture, says Amazon 'best place to fail'

Stating that he believes failures through experiments can sometimes lead to innovation of new things, Bezos also pointed out that operational excellence failures exist and those should be avoided.

Top brands shun exclusive e-tail deals

Top brands shun exclusive e-tail deals

The move by the brands is an effort to reach a wider consumer base, which is not possible by being available on a single e-commerce platform. For instance, German sportswear maker Adidas, which had an exclusive tie-up with Flipkart and Myntra, has started selling on Amazon India.

Amazon pumps over Rs 1,700 crore into India units

Amazon pumps over Rs 1,700 crore into India units

Amazon Pay India has received Rs 1,355 crore from Amazon Corporate Holdings and Amazon.com.incs.Limited, while Amazon Wholesale (India) allotted shares worth about Rs 360 crore to Amazon Corporate Holdings and Amazon.com.incs.Limited, regulatory documents filed with the corporate affairs ministry showed.

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