'Fauji jo hain, woh desh sambhalta hain, border sambhalta hain, hum shehar sambhalte hain (Soldiers protect the country, the border, we protect the city).'
The Delhi high court on Friday declined Future Group's plea for stay on an arbitration tribunal order refusing to interfere with the Emergency Award (EA) which restrained it from going ahead with the Rs 24,731 crore merger deal with Reliance Retail. Justice Suresh Kumar Kait sought response from US-based e-commerce giant Amazon which had challenged the merger before the Singapore arbitration tribunal under SIAC, and listed the appeals by Future Coupons Pvt Ltd (FCPL) and Future Retail Ltd (FRL) for further hearing on January 4. Senior counsel Harish Salve, appearing for FRL, urged the court to pass an interim order clarifying that an earlier order passed by the Supreme Court - which stayed all proceedings in relation to the enforcement of the EA - would remain in force despite the subsequent order passed by the duly constituted arbitration tribunal.
With Donald Trump all set to become US president, Indian exporters may face high customs duties for goods like automobiles, textiles and pharmaceuticals if the new US administration decides to pursue the 'America First' agenda, opined trade experts. Experts also said that Trump could also tighten H-1B visa rules, impacting costs and growth for Indian IT firms. Over 80 per cent of India's IT export earnings come from the US, making it vulnerable to changes in visa policies.
A day after lambasting e-commerce players for predatory pricing, Union Commerce Minister Piyush Goyal on Thursday said he is not against online platforms but India wants such entities to be "fair and honest" in their conduct. Speaking with reporters in the financial capital, the outspoken Union minister said the rule of the law should be followed in letter and spirit, and made it clear that consumer preferences should not be influenced by algorithms.
Terrific meeting with Narendra Modi. Always impressed, energised by optimism and invention in India. Excited to keep investing and growing," Bezos wrote on social networking platform Twitter.
An emergency arbitration hearing between Amazon and retail conglomerate Future Group took place last week and a verdict is expected in the next few days, according to sources.
Non-fiction continues to grow with the most-watched unscripted show, Bigg Boss OTT S3 getting more than half the viewership that Panchayat (S3) got.
Infosys Ltd co-founder N.R. Narayana Murthy is close to entering into an e-commerce joint venture in India with Amazon.com Inc through his investment firm, Catamaran Ventures.
Sports films have their own unique charm, but those centered on the Olympics and Olympians stand apart, depicting unparalleled tales of grit, guts, gumption, and glory.
The Supreme Court is scheduled to pronounce on Friday the verdict on e-commerce giant Amazon's pleas against the merger of Future Retail Ltd (FRL) with Reliance Retail and is likely to decide whether Singapore's Emergency Arbitrator (EA) award, restraining the Rs 24,731 crore deal, was valid under Indian law and can be enforced. As per apex court website, the verdict would be pronounced at 10.30 AM by a bench of Justices R F Nariman and B R Gavai which had reserved it on July 29 after hearing battery of lawyers including senior advocates Harish Salve and Gopal Subramanium, appearing for FRL and Amazon respectively. The verdict is keenly awaited as it is likely to deal with the legality and enforceability of an award by an Emergency Arbitrator (EA) of the foreign country here in view of the fact that the term EA is not used in the Indian Arbitration and Conciliation Act.
Netflix and Amazon Prime gain market share at the cost of Indian platforms Hotstar, VOOT, Jio Cinema.
Calling Maharashtra Governor B S Koshyari an 'Amazon parcel' sent by the Centre, former Maharashtra chief minister Uddhav Thackeray, who heads a faction of the Shiv Sena, on Thursday demanded his recall over his recent remarks on Chhatrapati Shivaji Maharaj.
Initially, private buyers will be able to make bulk purchases on Government e-marketplace, it will subsequently be broadened to small-ticket buying as well.
In its first acquisition in India, the American online retail giant is planning to buy out the fashion portal
Credit Suisse said if the deal fructifies, then this will bring together the largest offline and online retailers in India.
Today, more about 35 per cent of Amazon's traffic is through mobiles.
A non-strategic investor like Poonawalla brings in not only capital but also creative freedom. Indian cinema needs more investors like him, reports Vanita Kohli Khandekar.
Mystery, horror, biopics, documentaries, fantasy, romance, comedy, coming-of-age, pick the genre you like from the wide variety on OTT this week.
E-commerce giant Amazon has refused to appear before the Joint Committee of Parliament on the Data Protection Bill on October 28 and this amounts to breach of privilege, panel chairperson and BJP MP Meenakshi Lekhi said on Friday.
More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.
Aseem Chhabra rates the movies he's watched in 2023, and tells you where you can watch them!
Jeff Bezos, chief executive officer of Amazon, has committed to invest $5.5 billion into India and that figure is approaching quickly.
Bollywood doesn't need fire-breathing dragons when it has Bhai.
Its growth has been driven by discounts rather than enticing new customers to its platform
The year was rich in content as far as Web series were concerned.
Besides Jeff Bezos-led Amazon, Walmart-owned Flipkart is also facing a threat from Asia's richest man and RIL chairman Mukesh Ambani, who is also betting big to grab a share of the country's e-commerce market.
Amazon has committed over $5 billion to grow its business in India so far and says it will pump in more capital as and when needed, a big worry for rival Flipkart which has been struggling to raise funds over the past couple of months.
'The World Cup alone is expected to create an additional 100,000 jobs, most of which will comprise gig workers in the delivery space, transportation, hospitality and event management.'
There's also Call Me Bae, Ananya Panday's OTT debut.
Much of the discussion is happening at a "family level, not a corporate level". That means it is an Ambani or a Goenka in direct talks with Johar.
'In the audience's mind there is no urgency to go see a film in the theatre.' 'If you pay for social media buzz it does not convert into bums on seats.'
World's largest e-tailer Amazon is evaluating setting up a data centre in India to tap into the multi-billion cloud opportunity in India.
At present, other large players in the grocery and food retail space include Flipkart Supermart, Bigbasket, and Grofers.
'What is Balaji without Ekta (Kapoor), what is Dharma without Karan (Johar?)'
Global online retailer Amazon will launch its e-reader Kindle Paperwhite in India next month.
Vivek Ruparel from Jadavpur University who recently cracked a tough interview at Amazon tells us how he did it.
Patriotism, politics, pain, it's all there on OTT this week.
In order to determine whether this would be sound strategy for them, one needs to look at two issues: One, on the alliances being built globally between telcos, on one hand, and cloud service firms, on the other, especially with the advent of 5G; and two, how their business strategies in India will blend into with such a deal.
Netflix plans local studio in India push. Move comes as rival Amazon Prime Video lines up as many as 18 original shows for India.
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