Decks clear for FDI, Amazon doubles down on food retail, infuses $35 mn

Payal Ganguly

Three months after a government clarification that companies with foreign direct investment (FDI) in food retail can continue ....

1 April, 2019

ITC pilots FMCG e-commerce store in major metros

Payal Ganguly

Indian fast-moving consumer goods major ITC has announced that it is piloting its e-commerce venture, itcstore.in, in Delhi-NCR, ....

11 February, 2019
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With an eye on Flipkart, Amazon rebrands and expands hyperlocal grocery service

Anand J

Amazon India has rebranded its hyperlocal grocery delivery service as Prime Now as part of a revamp that will include two-hour ....

30 May, 2018

'Large' India investment weighs on Amazon Inc's bottom line

Dearton Thomas Hector

US-based Amazon Inc's loss from international business widened to $487 million for the quarter ended 31 December 2016 compared ....

3 February, 2017