July 22, 2024 16:07 (IST)
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Supreme Court stays Yogi govt's Kanwar Yatra diktat given to eateries | 'They tried to silence me': PM Modi slams Opposition on day 1 of Parliament's Budget session | 'Serious problem in our examination system': Rahul Gandhi slams Dharmendra Pradhan over NEET in Lok Sabha | NEET row: Education Minister Dharmendra Pradhan says, 'No evidence of paper leak in past 7 years' | Budget will set tone and trajectory for next 5 years: PM Modi as Parliament's Monsoon Session begins today

Amazon to lay off 9000 more employees in latest round of job cuts

E-commerce giant Amazon.com Inc Monday announced 9,000 more layoffs to make its operation lean and manage economic uncertainty.

RBI slaps Rs 3.06 cr penalty on Amazon Pay (India) for non-compliance of rules

Mumbai: The Reserve Bank of India Friday said it has fined Amazon Pay (India) Private Ltd more than Rs 3.06 crore for not adhering to certain rules regarding Prepaid Payment Instruments (PPIs) and the Know Your Customer (KYC) directive.

Dept of Consumer Affairs reprimands Amazon and Byju’s for unfair consumer practices: Report

New Delhi: The Department of Consumer Affairs has reprimanded the ed-tech company Byju’s and e-commerce giant Amazon for engaging in unfair consumer practices, media reports said.

Amazon overtakes Apple as world's most valuable brand despite losing $51bln

Washington: Amazon has reclaimed top spot as the world's most valuable brand despite losing $51 billion this year, or 15% of its value, according to the annual Brand Finance Global 500 ranking.

Amazon to layoff 18,000 employees amid weak online sales growth

Amazon.com, struggling with a dip in online sales growth and prepping up for a possible recession, is likely to trim its workforce further, media reports said.

Amazon plans to lay off 20,000 employees after over-hiring during pandemic: Report

Seattle/IBNS: E-commerce giant Amazon might lay off around 20,000 employees including corporate executives in the coming months, media reports said.

Amazon likely to layoff 20,000 staff in upcoming months: Reports

E-commerce hub Amazon might lay off  around 20,000 employees, including corporate executives, in the upcoming months, media reports said on Wednesday.

Amazon denies laying off employees, says all resignations voluntary

Bengaluru/IBNS: Amazon has told India’s labour ministry that it did not sack any employee and all the workers left the company voluntarily as part of the Voluntary Separation Plan (VSP), media reports said.

Centre asked to probe Amazon layoffs

Bengaluru: Nites has submitted a petition requesting the Central government and state labour authorities to conduct an inquiry regarding the unethical and illegal layoffs via email sent to employees by Amazon.

Amazon likely to lay off 1000 employees amid losses: Report

Seattle/IBNS: Amazon is likely to lay off thousands of employees and implement cost-cutting measures as the last few quarters haven't been profitable, media reports said.

Amazon becomes first ever public company to lose USD 1 trillion in market value

Seattle/IBNS: Amazon has become the world's first public firm to lose USD 1 trillion in market valuation on the backs of inflation, tightened monetary policy, and let down in earnings, causing a major sell-off in its stock this year, Bloomberg reported.

Amazon vs Future: SC to hear Amazon's plea on Oct 11

New Delhi: Supreme Court will hear the Amazon.com NV Investment Holding LLC (Amazon) plea challenging the June 13 NCLAT order, which upheld the anti-trust body CCI's ruling, on October 11.

Cloudatail denies controlling links with Amazon, opposes CCI raid

New Delhi: E-commerce seller Cloudtail India has challenged the CCI's April 28 raid on its premises, saying that Amazon has no controlling interest in it and the vendor cannot be linked to a case that was against the e-commerce platforms.

CCPA fines Amazon Rs 1 lakh for selling sub-standard pressure cookers

New Delhi: In a suo moto action, the Central Consumer Protection Authority (CCPA) has fined Amazon's e-commerce platform Rs 1 lakh for selling sub-standard pressure cookers in violation of mandatory standards.

NCLT allows insolvency proceedings against Future Retail

The Mumbai bench of the National Company Law Tribunal (NCLT) allowed a consortium of lenders, led by Bank of India, to initiate insolvency proceedings against debt-laden Future Retail, media reports said.