Any product found to be inferior in quality is considered unusable and withdrawn from the market. Selling and producing such products is legally a crime in the country. Online shopping chain Amazon was fined for selling substandard pressure cookers in this manner. Amazon was fined by the Continue Reading
Luxury items with no practical use being sold for exorbitant prices may be the norm (look at the non-waterproof umbrella), but imagine our surprise when desi plastic balti followed suit. People in India were ecstatic when they discovered a bucket for Rs 35,900 on Amazon. Yes, believe it or not, a person was perplexed to […]Continue Reading
According to legal documents seen by Reuters, Amazon.com Inc has requested India’s Supreme Court to halt an expedited assessment of charges that the company hid material when seeking antitrust clearance for a 2019 merger with India’s Future Group. Amazon was accused of concealing information and making misleading statements by the Competition Commission of Continue Reading
Amazon.com, Microsoft, and Cisco Systems are among the technological behemoths lining up to collect data from India’s farmers as part of a government-led productivity drive aimed at modernising the country’s ageing agricultural sector. Prime Minister Narendra Modi’s government, which is attempting to assure food security in the world’s second-most Continue Reading
The Chinese fashion brand Shein is making a comeback in India through Amazon after a year and a half after the site was banned in India earlier. Shein that was extremely popular for its affordable and fashionable clothing will be re-launching on Amazon during their annual Prime Day sale which is scheduled on July 26 […]Continue Reading
The fintech that specializes in the use of sound to carry payment credentials, ToneTag, has partnered with Amazon deploying a technology that completes transactions by talking to television or orally placing an order in-store. ToneTag co-founder Kumar Abhishek stated, “Voice assistants like Alexa convert sound into instructions, but they cannot carry data. By adding our Continue Reading
After Tesla shares slid 8.6 percent on Monday, Tesla’s CEO Elon Musk is no longer the world’s richest man. A whopping $15.2 billion of Musk’s net worth was wiped out by the collapse of Tesla shares. This has been the biggest fall in Tesla’s value since September. The decline was partly fueled by Musk’s tweet […]Continue Reading
Jeff Bezos, the man behind the success of famous multinational technology company, Amazon steps down as CEO and will handover the responsibilities to Andy Jassy this summer. Sundar Pichai , Satya Nadella, Marc Benioff and other famous personalities tweeted congratulatory messages to Jeff Bezos and Andy Jassy for taking up their new positions after the […]Continue Reading
On Wednesday etailer Flipkart said it has temporarily suspended its operations and services as India enters a 21-day lockdown it includes grocery items too. Although ecommerce platforms were allowed to provide essential goods and services in Prime Minister Narendra Modi’s address to the nation, Flipkart decided to halt all orders from March 25 for its […]Continue Reading
The Brazilian government, which faced serious criticism for its inaction in the Amazon forest issue, has taken serious action against those behind the fire in the region. The government has booked as many as 63 persons in connection with the issue. A huge fine of $9.7 million has been imposed against the culprits booked in […]Continue Reading