In December last year, Amazon invested over Rs 1,700 crore into its payments and wholesale business units in India, while in October it had infused over Rs 4,400 crore (more than USD 600 million) in its various units in India, including marketplace and food retail. Bezos last visited India in 2014 when he presented Amazon's Indian unit with a giant cheque for USD 2 billion. Since then, Amazon has pledged a further USD 3.5 billion to expand in the country and the USD 1 billion investment announced on Wednesday would take the total committed investment to USD 6.5 billion.
What on earth is Jeff Bezos thinking?
Amazon.com founder Jeff Bezos, American comedian Jay Leno and the CEO of McDonald's Corporation Jack Skinner all started their career from McDonalds. Prakash Iyer, MD, Kimberly-Clark Lever and Executive Coach tells us what we can learn from each of their lives about career success.
Blue Origin's 10th human flight, NS-30, will lift off from Launch Site in West Texas on Tuesday, February 25.
Amazon.com founder and chief executive Jeffrey P Bezos shocked the world on Monday when he announced his decision to buy The Washington Post, one of America's leading newspapers, for $250 million (about Rs 1527.5 crore) in cash.
Andy Murray launched a fresh rocket at his US Open conqueror Stefanos Tsitsipas on Tuesday, griping that the Greek player took longer on bathroom breaks than it took billionaire Jeff Bezos to reach outer space.
The CEOs of four tech giants -- Amazon, Apple, Facebook and Google -- appeared before the House Judiciary Subcommittee on Antitrust, Commercial, and Administrative Law on Wednesday to address concerns that their businesses may be harming competition.
Amazon CEO Jeff Bezos is in India this week and is expected to meet top government functionaries, business leaders and SMBs.
Oil-to-telecom conglomerate Reliance Industries Ltd head Mukesh Ambani continues to be the richest Indian and has now broken into the world's top 10 wealthiest persons in the latest Forbes 2024 Billionaire List. Ambani, 66, is ranked 9th on the list with a wealth of $116 billion, up from $83.4 billion in the 2023 ranking, according to Forbes. Gautam Adani is the second richest Indian and is ranked at No.17 on the global list.
'Regulatory challenges exist everywhere. What we look for is regulatory stability over time.'
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.
Thotakura was selected as one of the six crew members for the mission, making him the first Indian space tourist and the second Indian to venture into space after the Indian Army's Wing Commander Rakesh Sharma in 1984.
Sean Baker broke a record by winning four Oscars just himself for Anora: Best Picture, Best Director, Best Editing and Best Original Screenplay.
The FIR was lodged at the Sector 20 police station on Thursday after the complainant, a Noida resident, alleged that her Amazon Prime account got hacked and the problem remains unresolved despite assurance from Amazon boss Jeff Bezos, an official statement said.
The new jobs - created both directly and indirectly - will be across industries, including IT, skill development, content creation, retail, logistics, and manufacturing.
'I play a motivated, single dad, sort of like a Jeff Bezos, whose life changes when he ends up at the North Pole.'
Flipkart co-founders Sachin Bansal and Binny Bansal had worked at Amazon before launching their start-up in 2007.
In a remarkable comeback to power, Donald J Trump Monday took oath as the 47th president of the United States and immediately promised a blitz of executive orders as he announced the beginning of a 'golden age' of America.
While heaping praises on Cook for his contribution in the American commerce and industry sectors, Trump referred to the 58-year-old executive as "Tim Apple."
'We look forward to providing great customer experiences in India.'
Amazon CEO Jeff Bezos has been ranked as the world's best performing CEO.
Mobile phone could someday have an airbag.
'Unsurprisingly, Trump shared Modi's podcast with Fridman on his Truth account.' 'The intentions of Trump, a transactional president, are never easy to tell.' 'We will know in the next fortnight if and when he unfolds reciprocal tariffs on Indian goods, whether Modi's flattering words made any significant difference to Trump's compass,' notes Ambassador M K Bhadrakumar.
The list has been topped by Amazon founder and CEO Jeff Bezos with Apple CEO Tim Cook coming in at the second place.
Amazon says it remains steadfastly committed to India, as evident by CEO Jeff Bezos' announcement last year of the company's plans to invest $5 billion in the country.
While Flipkart and Amazon go on a fund-raising spree, the real battle will begin once big industrial houses such as the Tatas, Reliance and the Aditya Birla group join the race.
The TIME 100 AI list is an interesting assortment of titans. Indians make up about 20 per cent of the coveted list, which is pretty commendable, notes Sandeep Goyal.
Amazon.com Inc's newest mobile device, a smartphone that may sport a 3D screen, is the retailer's latest attempt to exert its influence over the way consumers shop online.
Gautam Adani is now the fourth richest person on the planet. The chairman of the Adani group overtook Bill Gates -- once the richest man in the world -- this week.
Last year in January at Amazon's flagship event Smbhav, Infosys Co-founder N R Narayana Murthy had to shorten his keynote speech from 20 minutes to about five because the event was delayed by 1.5 hours. "I will try to finish it in five minutes, because I am not used to delays," said Murthy, while addressing hundreds of micro, small and medium enterprises (MSMEs) about building businesses that last. In the audience was Amazon founder Jeff Bezos. Murthy referred to Bezos' prediction that the 21st century will be the Indian century. "That confidence enhances our enthusiasm," said Murthy. The relationship between Murthy and Bezos dates to 2014, when Prione, a 49:51 joint venture (JV) between Amazon and Murthy's venture capital company Catamaran, was formed.
The combined market-cap of all listed Adani group firms has plunged nearly Rs 7.11 trillion since January 24 when the Hindenburg report was made public.
There is no shortage of books on the Microsoft founder, but this latest one is different in that it paints Mr Gates in shades of grey, leaving it to readers to make their own judgement about the man
The 20 richest people on the planet are worth a staggering USD 1.2 trillion, a sum roughly equivalent to the annual economic output of Mexico.
Bezos wears it on his sleeve, Nadella keeps it quiet
We had been hearing about the Amazon tablet for quite some time. The rumour mill has been put to rest after Amazon CEO Jeff Bezos launched the latest Kindle. Now, that the secret is out of the box, we take a look at the bells and whistles Fire has to offer.
The global billionaires list witnessed as many as 94 new entrants from India, stated a report by Hurun India on Tuesday. Following a net addition of 84, the country's billionaire tally touched 271 with their combined wealth at $1 trillion, noted the report. Mukesh Ambani, chairman & managing director of Reliance Industries, is the only Indian to make it into the top 10 of the Hurun Global Rich List 2024, a ranking of billionaires in US dollar terms.
While war rooms are set up closer to the sales, warlike preparations go into it almost 12 months in advance to ensure that on D-day the firm gives its best to its customers.
According to Silicon Alley Insider, Jeff Bezos, founder and chief executive, Amazon.com, is working at a company distribution centre in Lexington, Kentucky, this week. His motto is to spend time with hourly employees to see what they do and hear their comments on work.
Bezos said the drones, unmanned vehicles that fly through the air, could deliver packages that weigh up to five pounds.
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