Govt needs to reduce e-commerce restrictions, red tape to revive economy, boost domestic growth: Amazon executive
The government revised its e-commerce rules in early 2019, creating hurdles for Amazon and rival Walmart Inc’s e-commerce subsidiary, Flipkart.
Shares of Jet Airways continued to fall for the third straight session on Wednesday, dropping nearly 7 percent, after four senior executives, including chief executive Vinay Dube and his deputy Amit Agarwal, quit the ailing airline
Shares of Jet Airways on Tuesday plunged over 7 percent, its second day of decline, after the company's deputy chief executive officer and chief financial officer (CFO) Amit Agarwal resigned
Jet Airways CEO Vinay Dube resigns citing 'personal reasons', third top executive to quit ailing airline in 24 hours
Jet Airways Chief Executive Officer Vinay Dube has resigned with immediate effect, according to a filing in the exchanges. Along with him, Rahul Taneja, chief people officer has also put in his papers, said media reports.
Jet Airways, founded by Naresh Goyal, said the resignation is with effect from 14 May, 2019
Tatas in pursuit of controlling stake in debt-laden Jet Airways; aim to move from fringe player to centre stage
Buying Jet Airways, with its fleet of 124 aircraft, would return Tata to the forefront of Indian aviation in terms of size, almost 70 years after its first airline was nationalized, and six years after it re-entered the market with two joint ventures.
Jet Airways is looking for investors to tide over the liquidity crisis, which has resulted in delayed payments to some vendors and salaries to a section of its over 16,000 employees.
Jet Airways proposes to slash salaries by up to 25% amid efforts to cut costs; pilots, engineers say unacceptable
Jet Airways is in discussions with certain sections of employees on the salary cut proposal, which has been mooted amid efforts to save costs
Amazon India expects groceries, household products to account for more than half of its business in 5 years
Amazon had already started experimenting with a few fresh groceries in India, already home to its largest active customer base outside of the United States.
Jet's announcement comes days after IndiGo pulled out of the race to acquire Air India's operations. The Centre now has no clear front-runner in the sale campaign.
The company has more than 95 million products now on its website with more than 1.8 million products eligible for next-day guaranteed delivery.
The US etail major exudes confidence and says it will soon displace the Kunal Bahl-controlled firm from the number one position
US-based e-commerce giant Amazon today said it is acquiring the publishing business of Tata-owned Westland for an undisclosed sum.
Earlier this month, Flipkart had announced raising $1 billion in a single round of funding, while rival Amazon announced upping its India operations investment to $2 billion, the very next day.<br />
With Amazon announcing it would invest $2 billion in its India operations one wonders what exactly the company has in store for the country. While that might take some time to unravel it's worth taking a quick look at the team Amazon CEO Jeff Bezos trusted with the funds,<br />
Amit Agarwal, VP & country manager, Amazon India, tells Firstbiz that Amazon is now selling 15 million products across 20 product categories.