Private sector HDFC Bank has become Indias most valuable brand for the fifth year in a row with a 21 per cent rise in its brand value to $21.7 billion over the previous year, according to a survey. According to a release here on Sunday, HDFC Bank retained its top[Read More…]
Tag: Amazon
Snapdeal increases authorised capital from Rs 10 lakh to Rs 15 crore
Jasper Infotech-owned leading e-tailer Snapdeal increased authorised capital from initial capital of Rs 10 lakh to Rs 15 crore by issuing an additional 8.82-crore shares of Re 1 face value, said business intelligence platform Paper.vc on Monday. “The company’s second Extraordinary General Meeting (EGM) for fiscal 2018-19 on August 6[Read More…]
Amazon Freedom Sale: What does day 2 offer you with price cut?
Beginning from Thursday Amazon Freedom Sale enters its second day. From blockbuster deals in mobile phones, laptops to trending deals in all sort of miscellaneous accessories are available at absolute discounts and lower price. The four day Amazon Freedom Sale is introduced to mark the upcoming 72nd Independence Day of[Read More…]
What do you know about Flipkart Plus and Amazon Prime? Here is a comparison
E-commerce major Flipkart was recently acquired by Walmart as the US-based company has been on the lookout for effective ammunition to take on Amazon. It was said that the Flipkart plus Scheme will be a direct counter to Amazon Prime services. But the Amazon seems to be gaining grounds by[Read More…]
Amazon faces web issues around the world on Prime Day
Washington: Shoppers in the US and elsewhere in the world are struggling to access e-commerce giant Amazon’s website as one of its biggest annual sales, Prime Day, got underway. Many reported the platform had crashed as soon as the two-day sale day began on Monday, showing them only an error[Read More…]
Amazon now world’s third-most valuable company
San Francisco: With a market cap of $702.5 billion, Amazon has become the third most valuable company in the world, racing past Microsoft, which has a market cap of $699.2 billion. According to a report in The New York Post, Amazon stock surged 2.6 per cent on Wednesday, taking the company’s[Read More…]
Facebook to launch smart home speakers in July: Report
San Francisco: Taking on Amazon, Google and Apple, Facebook is now set to officially roll out two smart home speakers in 2018. According to a report in Taipai-based website Digitimes, the two models — Aloha and Fiona with 15-inch touchscreens — will be launched around July. “Supply chain sources said that[Read More…]
Explain battery slow-down, Shanghai consumer council asks Apple
Beijing: The Shanghai Consumer Council has sent an inquiry letter to Apple over the slow-down of older iPhones after an iOS update, demanding a reply before Friday. The council demanded the cause of the performance and remedy measures as well as complete information regarding the interests of consumers, Xinhua news agency[Read More…]
Amazon CEO becomes richest man in history
Amazon CEO Jeff Bezos is now the world’s richest man, not just at present, but of all time. Both Bloomberg and Forbes have put Bezos on top of their billionaire lists. Bloomberg said Bezos’ net worth reached $106 billion while Forbes put it at $105 billion as of Wednesday, Xinhua[Read More…]
E-commerce will be able to do deliveries using drones
E-commerce players like Amazon and Flipkart will be able to make airborne delivery of products to customers in India using drones enabled by technology being developed by the country’s aviation sector, a minister announced on Thursday. “E-commerce deliveries using drones are certainly going to be possible in India. Companies like[Read More…]
Eros in talks with Apple to sell content library
Famous Indian movie production house Eros Group is in starting talks with Apple and other major content distributors to sell its entire content library of films and music reported Reuters. The other parties in the fray include Amazon and Netflix, but talks are in very early stages, reported Hindustan Times.[Read More…]
Bill Gates overtakes Jeff Bezos to become richest man once again
Amidst dramatic confusion, Jeff Bezos’s coveted title of being the richest man in the world was quite short-lived as Microsoft founder Bill Gates reclaimed the top position once again on Thursday. Jeff Bezos’s coveted title of being the richest man in the world was quite short-lived as Microsoft founder Bill Gates[Read More…]
One Plus 5 launched in India, sale begins online
On Thursday, Chinese smartphone maker, OnePlus, unveiled ‘OnePlus 5’ in India, which comes in 8GB variant featuring a dual lens camera system. The phone will come in two variants, 6GB RAM/64GB memory and 8GB RAM/128GB memory. They will be available in India for Rs 32,999 and Rs 37,999, respectively. The[Read More…]
NO for Netflix movies at Cannes
The Cannes Film Festival, that is going to run from May 17 to May 28, has disallowed Netflix to compete at the Festival after this year, unless it changes its policies. The organisers said that the video-on-demand company will not be allowed to participate in the prestigious film festival, unless[Read More…]
Apple, Amazon, Google bidding for Toshiba chip unit: Report
Top firms like Apple Inc, Amazon.com Inc and Google are taking part in bidding for Toshiba’s NAND flash memory unit, competing with others for the Japanese firm’s prized semiconductor operation, the Yomiuri Shimbun daily reported on Saturday. Toshiba shareholders decided to split off its NAND flash memory business. The decision[Read More…]
Amazon withdraws flip-flops having Mahatma Gandhi’s picture: External Affairs Ministry
Following a tri-colored doormat row wherein e-commerce giant Amazon had to withdraw the product that was offensive to Indian sensitivities from its Canadian platform after facing warnings from external affairs minister Sushma Swaraj, the e-commerce platform has now also pulled out flip-flops bearing the picture of Mahatma Gandhi. “We have[Read More…]
Amazon fires worker for ‘Uncle Adolf’ note in parcel for Jewish woman
An Amazon worker allegedly put a note in a parcel for a Jewish mother in the UK that read “Greetings from Uncle Adolf” has been fired by the company. The customer found the note in a package of toys for her niece. “When she told us about the note she[Read More…]
‘Amazon, better behave,’ warns top bureaucrat Shaktikanta Das
While lashing out at e-commerce giant Amazon, economic affairs secretary Shaktikanta Das said in a tweet on Sunday that the company must stop “being flippant about Indian symbols and icons”, as images of flip-flops surfaced with Mahatma Gandhi’s picture on it for sale. Later, the top official clarified that he[Read More…]
Tricolor row: Amazon regrets ‘offending’ Indian sentiments to Swaraj
Just a day after Sushma Swaraj threatened to deny visas to Amazon’s officials if the company didn’t take doormats depicting the Indian flag off its site, the e-commerce giant has written to External Affairs Minister Sushma Swaraj expressing regret at hurting Indian sensibilities. Amazon finally apologized and has pulled the[Read More…]
Amazon removes Indian flag doormats after Sushma Swaraj’s angry tweet
In a major jolt to global e-commerce giant Amazon, foreign minister Sushma Swaraj on Wednesday has threatened the company to refuse visas to its officials and withdraw visas already given to its employees in India, if the international e-tailer continues selling doormats with the Indian flag on them. “If this[Read More…]
Ardent Hillary supporter Buffet should thank Trump for making him the second richest
During the US election 2016, Warren Buffet was one of the biggest Hillary supporters. Ironically, Trump’s unexpected victory once again made Warren Buffet the second-richest man on the planet. Buffet added $US5.8 billion to his fortune this week, leading gain for the world’s wealthiest as he leaped over Spain’s Amanio[Read More…]
Flipkart, Amazon, Snapdeal gear up for mega war
As festive season of October is nearing e-commerce big wigs like Amazon India, Flipkart and Snapdeal are gearing up for their flagship annual sale. Amazon India has announced that it would run its sale season from October 1 to 5 while Flipkart and Snapdeal will have launch their sales from[Read More…]
Flipkart ranked no 1 followed by Amazon in Linkedin India’s most preferred employers
The Linkedin Professional networking site that recently announced the Top Attractors report across the countries. These companies are the companies who hire the top talent and regards to be the most attractive in the Industry. Several tech companies are listed in the survey which includes apart from India several countries like[Read More…]