Amazon's fresh investment in its India entities come at a time when the Seattle-based firm has faced losses in several of its business entities in India, such as seller services, wholesale, transportation services and digital payments, for the 2018-19 financial year.
Amazon, in recent years, has emerged as a disruptive force in shopping, attracting millions of customers across the globe - the US and India in particular - to shop online.
Amazon Prime has reportedly bought the film's exclusive premiere rights at a whopping Rs 30 crore.
So far, only one major series and another original film have been announced for release. Rest are all digital releases of films that have already arrived in theatres.
'At the age of 25, there are still no work offers coming your way, so how do you move ahead in life?'
Bajaj Auto was the top laggard in the Sensex pack, tumbling around 6 per cent, followed by M&M, Reliance Industries (RIL), Tata Steel, Tech Mahindra, SBI, Axis Bank and ICICI Bank. NSE Nifty tumbled 162.60 points or 1.36 per cent to 11,767.75.
The strategy these online marketplace companies follow in the next few months will determine whether Amazon gets to be the leader in 2017.
Taking strong exception to Amazon Canada selling doormats depicting the Indian flag, External Affairs Minister Sushma Swaraj on Wednesday asked the e-retailer to withdraw the products and tender an unconditional apology, failing which no official of Amazon will be granted Indian visa and the ones issued earlier will also be rescinded.
Salim-Javed became the first Hindi film writers who could be considered brands, and they are still boldface names, celebrities in their own right, chronicles Dinesh Raheja.
While the talks are still at a preliminary stage, sources said major retail players had held discussions with Amazon
After announcing 69 assorted Web series and movies, Amazon Prime Video rolled out the red carpet for the stars who will feature in them.
Its share among top three e-commerce players grew to 57% in March 2017 from 45% in June 2016
It would start with their products listing on Amazon.com and Amazon.co.uk.
'It is not easy to pull off a seven-part show because it is almost like making four films at once.'
'I don't know whether it was the Sabarimala issue that made them reject my film.'
It was a grand occasion to mark the launch of Citadel: Honey Bunny, which sees Varun paired opposite Samantha Ruth Prabhu in a dhamakedar spy action Web series combined with a tadka of their steamy romance.
The size of the Indian financial services market could touch around $340 billion in the next few years.
Amit Agarwal tells Suveen Sinha about how he implements an American entrepreneur's vision in a very Indian way.
Amazon.com Inc is preparing to launch its long-rumoured smartphone in the second half of the year, The Wall Street Journal reported on Friday, citing people briefed on the company's plans.
In India, Amazon has taken an open cheque policy by sinking in over $2 bn to grow its business and tried to build local innovations to help it score over local players Flipkart and Snapdeal.
Amazon signed up Motorola as an exclusive brand partner for its new devices, which in turn helped it grow
Amazon also upgraded its 7-inch and 8.9 inch Fire tablets.
The police said the woman has been taken into custody after being traced using the address on the Amazon delivery packet in which the child was wrapped and thrown.
The ministry of information and broadcasting (I&B) on Wednesday held an inter-ministerial meeting with various departments to discuss issues regarding revenue sharing between Big Tech companies and digital news publishers, according to sources. The meeting - chaired by I&B Secretary Sanjay Jaju - invited senior officials from the ministry of corporate affairs (MCA), Competition Commission of India (CCI), ministry of electronics and information technology (Meity) and departments of promotion of industry and internal trade, legal affairs and consumer affairs.
'Sabra ka phal meetha nahi, Mirzapur 3 hota hai.' 'With Mirzapur 3, we take the narrative to a whole new level.'
From damsels versus dragons to showbiz shenanigans, ready to catch all the action on OTT this week?
Alexa powered Echo Spot lets you play music, control smart home devices, set alarms and make video calls.
Stories of friendship, former life and fights against the system dominate the OTT this week. Sukanya Verma lists her recommendations.
'I wanted people to know that women across all ages have an exciting life.'
Amazon plans to bring in its cheapest e-book reader maybe by the next year
More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.
As Amazon India, Flipkart are forced to shut down 60 categories and push out 45 mn products, a new lobby group comprising sellers is in the making to take up e-com concerns.
Sukanya Verma's OTT recommendations this week.
Throughout its 155 minutes, every scene is doused in blaring background music and melodrama. Disappointment alone won't do, it must feel like a full blown catastrophe, observes Sukanya Verma.
Goyal wondered why an e-commerce market place model, where a firm provides an IT platform for buyers and sellers, was incurring such huge losses adding that it needs to be looked into.
'There's deep-seated revenge and at the same time, longing.'
Stories are legion about the Karatmeter's use at that time. Hundreds of people standing in queue for testing, customers breaking down after discovering the actual purity of their jewellery and then becoming irate about the jeweller who had gypped them, the local jewellery industry leaning heavily on the Tanishq franchisees to desist from using it, some jewellers even threatening violent action.
Amazon.com Inc's new cellphone seeks to offer shoppers instant gratification by recognizing thousands of products, television shows and songs and allowing users to immediately buy them.