Edition:
India

Nivedita Bhattacharjee

UPDATE 1-Amazon India plans to scrap single-use plastic, joins rival Flipkart

04 Sep 2019

BENGALURU/NEW DELHI, Sept 4 Amazon.com Inc's India unit plans to replace single-use plastic in its packaging by June 2020, the company said on Wednesday, the latest move by an ecommerce giant to weed out plastic use from the country's cities and towns that frequently rank among the world's most polluted.

Amazon to acquire minority stake in an Indian supermarket chain operator

23 Aug 2019

MUMBAI/BENGALURU Amazon.com Inc is set to snag a 3.58% minority stake in India's Future Retail, which operates more than 1,500 stores in India and owns several supermarket brands, including budget department and grocery store chain, Big Bazaar.

Amazon to acquire minority stake in an Indian supermarket chain operator

23 Aug 2019

MUMBAI/BENGALURU, Aug 22 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.

Reliance shares see biggest intraday gain in a decade; rivals hit by disruption fears

13 Aug 2019

BENGALURU Reliance Industries shares saw their biggest intraday rise in more than a decade on Tuesday, after the company set a target to reach zero net debt in 18 months and vowed to reward shareholders with higher dividends and periodic bonus issues.

Reliance shares see biggest intraday rise in decade; rivals hit by disruption worries

13 Aug 2019

* Reliance shares surge over 12% after Monday's AGM announcements

Walmart's Flipkart to add free movies, videos streaming to its app

05 Aug 2019

BENGALURU Walmart Inc's Indian unit Flipkart is set to roll out a free video service for all of its 160 million customers this month as the ecommerce company looks for new ways to increase its user base in smaller towns and cities, it said on Monday.

Indian coffee industry tycoon V.G. Siddhartha goes missing, investors spooked

30 Jul 2019

BENGALURU The founder and largest shareholder of India's biggest coffee-chain owner Coffee Day Enterprises went missing on Tuesday, with media reports citing a letter purportedly written by him that said he gave in to pressure from lenders and tax authorities.

Amazon plans imminent launch of online food delivery service in India: sources

29 Jul 2019

BENGALURU Amazon.com Inc is planning a foray into the burgeoning online food delivery business in India this year, two sources aware of the development said, in a move that could raise competition in an increasingly crowded market.

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