The deal, which will kick in after the holiday season, in January, will give Apple more visibility among online buyers in India. The partnership could help Apple take on Chinese smartphone maker OnePlus, which has become one of the leading player in the premium smartphone market thanks to Amazon.
Whether it's Carrefour, Ford, or other foreign majors, they are ready to adjust their strategies and design their plans in a way that would address the Indian consumption story.
rediffGURU Aamish Dhingra offers advice on how to navigate difficult situations in your career.
Amazon's rivalry in India with oil-to-retail conglomerate Reliance Industries looks set to head to the cricket field, where they will likely battle media heavyweights for telecast rights to the Indian Premier League (IPL) with its hundreds of millions of viewers.
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.
'It is imprudent on the part of Indian insurance companies to invest out of the shareholders' fund in a private limited company.'
'Shivaji and Sambhaji followed the gospel of humanity. 'They did not discriminate based on religion, caste, or colour.' 'That is the beauty of Shivaji and Sambhaji's Hindvi Swaraj.'
The report, however, did not include sales of Flipkart's subsidiaries Myntra and Jabong.
'Life does not change in such a way that everything becomes easy. Struggle and hustle is there for everyone. 'The difference is that people have started knowing me.'
Several Indian traders, hawkers, as well as transport and gig workers' unions will join a global campaign by Make Amazon Pay coalition happening across close to 40 countries on Black Friday to protest alleged exploitative practices by the tech giant. Employees in the US, the UK, India, Japan, Australia, South Africa and across Europe are demanding better wages and working conditions as the cost-of-living crisis deepens, as part of the campaign. Trade unions, including Bharatiya Udyog Vyapar Mandal, Hawkers' Joint Action Committee, Gig Workers' Association, and All India People Science Network, will join the campaign.
'We saw 581 chocolate orders per minute and 324 rose orders per minute.'
'On the governmental level, we are saying all the right things, like beti bachao, beti padhao. Yet, a High Court judge in Prayagraj, who is highly educated, has studied the Constitution and its laws, says breaking the naada of a pyjama or touching the breasts of a minor girl is not part of the reform process. Just giving lip service is not enough, the general mindset has to change.'
Like its competitors, Amazon India, too, offered an 'Online Shopping Dhamaka' from September 21 to October 21, during which sellers offered deals and discounts on a host of products across categories on www.amazon.in.
Indian Sellers Collective (ISC), a trade association of micro and small enterprises and family businesses, on Wednesday urged IT veteran NR Narayana Murthy to cooperate in the Competition Commission of India's antitrust probe against Amazon for alleged anti-competitive practices. In 2014, Murthy's Catamaran and Amazon had formed a joint venture, Prione Business Services. On Monday, the partners announced that they have mutually decided not to continue the JV beyond May 2022. ISC thanked Murthy for deciding to end the joint venture with Amazon.
Among all the geographies where Amazon is fighting regulators, India is the only place where its lines are also tangled in a major corporate battle, this one with India's largest company by market capitalisation over the acquisition of Mumbai-based Future Group's retail chain, the country's second largest. No other corporate entity in any country offers a challenge to Amazon's hegemony in a way Reliance Industries does - and the final hearing of an arbitration case filed at the Singapore International Arbitration Centre between the two may decide at least some of these issues. This legal battle between one of the world's most powerful corporations and one of India's most powerful conglomerates could be complicated by a host of other developments.
'The global climate system doesn't look at where the carbon dioxide is coming from. 'It may be emitted by the US, but it will not remain above the US alone but covers the whole world.'
The world is celebrating Raj Kapoor's birth centenary, but when was the last time you watched an RK film?
Arjun Menon looks at 2024's top Web series from South India.
'I hadn't worked for three-and-a-half years.' 'I felt industry was based on who you knew.' 'I didn't belong to a network.'
Sukanya Verma gives us some interesting options.
The probe is being conducted under various sections of the Foreign Exchange Management Act (FEMA) after the central probe agency recently received a communication from the commerce ministry seeking "necessary action" against e-commerce players like Amazon and Flipkart pertaining to certain multi-brand retail businesses and an observation made by the Delhi High Court in relation to Amazon.
Amazon's investors are counting on its international business and expansion to help drive growth and support its $165 billion market value, one of the highest among US firms.
'I approached the ministries for a response, but they did not respond on time, so I had to approach the court.'
Edamame + truffle oil + basmati rice = an exquisite combo.
'When you are in new waters, you have to follow the rules of that water.'
While the talks are still at a preliminary stage, sources said major retail players had held discussions with Amazon
From Star Wars to Santa to Alia Bhatt, OTT has a variety of entertainment to offer for all ages this week. Sukanya Verma lists her recommendations.
In October 2012, Flipkart entered the menswear segment; later it launched a womenswear range
According to industry studies, the Hindi Internet user base is likely to outgrow the English user base by 2021 and along with Marathi and Bengali users, will drive volume growth.
Nag Ashwin's Kalki 2898 AD! Sanjay Leela Bhansali's Heeramandi is number one on OTT.
Trump spoke approvingly of his recent telephone conversation with Xi Jinping. This could indicate the possibility of America and China reaching some level of tactical accommodation, which would not be good news for India, points out Ambassador Shyam Saran, a former foreign secretary.
'With a very stable technology with limited functionalities, a large network has spanned out.'
Hollywood's biggest night was high on glitz and glamour but lacked the edge and excitement of the movies it was celebrating, observes Sukanya Verma.
In its latest edition, which will hit the stands on October 3, Panchjanya has carried a cover story that is highly critical of Amazon.
Udaan, India's largest business-to-business (B2B) e-commerce company, has received approval from the National Company Law Tribunal (NCLT) for its internal corporate restructuring plan, according to sources. By consolidating into a single entity, the restructuring will enhance Udaan's agility and pave the way for various financing options, including the ability to pursue an initial public offering (IPO) in India by 2026, according to people familiar with the matter.
E-commerce in India could grow to $137 billion by 2020 from $11 billion in 2013, says Morgan Stanley, and firms like Amazon, local market leader Flipkart and rival Snapdeal, backed by Japan's SoftBank, are fighting for a bigger share.
Several firms are stepping up to help their workforce cope with soaring temperatures
Live lessons help students strengthen their JEE preparation. They can also track their progress over time, identify strong and weak areas, get insights on overall test-taking strategy.
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