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A day after Amazon pact, SBI signs deal with PayPal for cross-border transactions

May 21, 2015

A day after Amazon pact, SBI signs deal with PayPal for cross-border transactions

SBI managing director and group executive (national banking) B Sriram said the pact will help its nine lakh SME customers make such transactions in a safe and secured manner. #Business #SBI #SME #PayPal #CompanyWatch #Amazon #corporate #Cross border transactions #Arundhati Bhattacharya #Vikram Narayan
SBI inks pact with Amazon for payment, commerce solutions

May 20, 2015

SBI inks pact with Amazon for payment, commerce solutions

The SBI, country's largest lender, will also provide loans to SME customers who supply products to Amazon to help them increase their operations. #Business #NewsTracker #SBI #FDI #Amazon #E-Commerce #Arundhati Bhattacharya
AWS Educate: Amazon's attempt to transform students into cloud experts

May 15, 2015

AWS Educate: Amazon's attempt to transform students into cloud experts

Amazon says the platform will make it easy for teachers to "quickly and easily find cloud-related course content, incorporate cloud technology into their teaching curriculum, and provide students with hands-on experience with cloud technology." #Amazon #students #cloud #training #AWS Educate
Indian cloud market will face consolidation in 2016, says Gartner

May 14, 2015

Indian cloud market will face consolidation in 2016, says Gartner

Competing in cloud could be a fairly capex-intensive business, and the return on investment takes 3-5 years. We are suggesting providers to become a cloud broker or cloud aggregator that could be an alternate model... #India #Google #Microsoft #Gartner #Amazon #Private Cloud #Public Cloud #cloud market #cloud broker #cloud services providers
Trouble for e-comm: CCI probing resale price arrangements between e-tailers, manufacturers

May 11, 2015

Trouble for e-comm: CCI probing resale price arrangements between e-tailers, manufacturers

It is now being looked at whether such practices are in violation of competition norms #CCI #retail #Amazon #E-Commerce #Flipkart #Jabong #e-tail
Decoding Alibaba-Paytm deal: Indian e-tailers are at a new inflection point

May 09, 2015

Decoding Alibaba-Paytm deal: Indian e-tailers are at a new inflection point

E-retailers are so busy building revenues that they do not see it is in their interests to block the Chinese imports #retail #Alibaba #Amazon #E-Commerce #Paytm #Chinese imports #etailer
Amazons $5 billion cloud saga: Whats in it for India

May 08, 2015

Amazons $5 billion cloud saga: Whats in it for India

India is a very heavy base of SMBs and startups. Startups here prefer going on the cloud as investing in hardware infrastructures could be a costly proposition for them..." #IBM #Microsoft #Salesforce #Amazon #cloud #Amazon Web Services #AWS #Azure
CCI rejects complaints against Flipkart, Snapdeal and other e-retail majors

May 05, 2015

CCI rejects complaints against Flipkart, Snapdeal and other e-retail majors

The Competition Commission has rejected allegations of unfair business practices against five online retail majors -- Flipkart, Snapdeal, Amazon, Jabong and Myntra -- as it did not find any prima facie evidence of violations. #CCI #Amazon #E-Commerce #Flipkart #Snapdeal #Myntra #Jabong
Cat's out of the bag! Amazon's cloud business is worth $5 billion

Apr 24, 2015

Cat's out of the bag! Amazon's cloud business is worth $5 billion

Chief Executive Jeff Bezos revealed in a statement that Amazon Web Services is a $5 billion business and its growth is accelerating. #Amazon #cloud #Amazon Web Services #resultss
How much is Microsoft making from Azure? Satya Nadella keeps investors guessing

Apr 24, 2015

How much is Microsoft making from Azure? Satya Nadella keeps investors guessing

Microsoft said only that revenue from Azure - which provides similar services to AWS but is also a much broader platform - was growing. It did say that total commercial cloud revenue, which includes online versions of its Office and Dynamics applications, is now running at a rate of $6.3 billion in revenue per year. #Microsoft #Office #Amazon #cloud #Amazon Web Services #Satya Nadella #Azure