Amazon has unveiled a major commitment to India’s rapidly growing tech landscape, announcing a $35 billion investment by 2030 aimed at accelerating Artificial Intelligence (AI) innovation across the country. This marks one of the company’s largest long-term investments in India, reflecting the nation’s increasing importance as a global technology hub. The investment will focus on Read More…
New Delhi: American tech giant Amazon has announced that it will lay off more than 14,000 employees, including around 1,800 engineers. Reports indicate that the layoffs are part of a massive restructuring effort within the company. The job cuts will affect employees across almost every area of Amazon’s business — from cloud services and retail Read More…
Kochi: In a high-stakes raid, the Bureau of Indian Standards (BIS) busted a cache of substandard and counterfeit products at Amazon’s warehouse in Kalamassery, Kochi. The surprise inspection, prompted by intelligence reports, uncovered a large stock of domestic appliances, kitchen tools, toys, and footwear—many fraudulently marked with fake ISI certification labels. Officials revealed that several Read More…
Amazon India has announced plans to shift its Bengaluru headquarters from the World Trade Centre (WTC) to a new facility near Kempegowda International Airport by 2026, as part of a strategic cost-cutting move. This relocation will reduce the company’s real estate expenses significantly, with rental costs dropping by two-thirds compared to the premium rates at Read More…
In a major move, the Enforcement Directorate (ED) conducted searches across multiple locations associated with e-commerce giants Amazon, Flipkart, and their affiliated entities. The pan-India operation was carried out to investigate potential violations under the Foreign Exchange Management Act (FEMA) and other regulations. The ED is reportedly looking into allegations of foreign exchange law violations Read More…
Amazon’s Great Indian Festival 2024 is just around the corner, and the online retailer has already dropped some tantalizing pre-sale deals. Starting on September 27th, shoppers can expect massive discounts of up to 75% on a wide range of electronics, including laptops, tablets, and headphones. Laptop Deals: Tablet Offers: Headphone Savings: Prime members will enjoy Read More…
India’s biggest shopping festivals are just around the corner, with Flipkart’s Big Billion Days 2024 and Amazon’s Great Indian Festival gearing up to offer unbeatable deals and discounts. Flipkart has officially announced that its sale will begin on September 26 for Flipkart Plus members, with access for all starting on the following day. Meanwhile, Amazon Read More…