
India's federal financial crime-fighting agency will examine findings in a Reuters report, which revealed that Amazon has for years circumvented the country's foreign investment rules.
15 published items with the word (s) or phrase Amit Agarwal in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
India's federal financial crime-fighting agency will examine findings in a Reuters report, which revealed that Amazon has for years circumvented the country's foreign investment rules.
Documents seen by Reuters expose politically sensitive information about the ecommerce giant's activity in India, undercutting its public messaging that it is a friend of small business in India.
E-commerce giant Amazon has signed announced long-term agreements with Future Group to strengthen its presence in the Indian market.
Amazon.com Inc is set to snag a minority stake in India's Future Retail Ltd , which operates more than 900 stores in India and owns several supermarket brands, including Big Bazaar.
India needs to encourage ecommerce and reduce red tape to help small businesses sell online and export goods to help revive sagging domestic economic growth, a senior Amazon.com executive said on Wednesday.
Amazon.com Inc on Wednesday launched its biggest campus in the world in the southern Indian city of Hyderabad, underscoring its expansion plans in the country that has been one of its fastest growing overseas markets.
With nearly 500 million Indians using the internet in 2018 and many just dipping their toes into online shopping, private labels will woo price-sensitive customers and create loyalty and higher margins, say analysts.
Amazon expects groceries and household products to account for over half of its business in India in the next five years, as it moves to broaden offerings in the segment and foray into areas such as fresh produce.
Amazon CFO Brian Olsavsky said in a conference call that the online retailer plans to open new stores, increase investment in video in 2018, and considers India to be a primary international investment.
Global e-commerce giant Amazon has elevated the India country manager Amit Agarwal to the role of Senior Vice President, making him a part of the company’s global team.