New Delhi: After the Narendra Modi government cold-shouldered Amazon boss Jeff Bezos, the richest man in the world, India Inc rolled out the red carpet for him in the country’s financial capital. Bezos, who was in India for a high-profile visit, did not get time from top government functionaries. On top of that, there were stinging […]
Tag: Jeff Bezos
India Inc rolls out the red carpet for Bezos even as Modi govt shuns him
New Delhi: After the Narendra Modi-led Central government cold-shouldered Amazon boss Jeff Bezos, the richest man in the world, India Inc rolled out the red carpet for him in the country’s financial capital. The who’s who of India Inc could seen in the picture with Bezos taken at the fabled staircase of iconic Taj Mahal, Mumbai […]
After Goyal’s snub, Jeff Bezos offers 10 lakh new jobs in India
umbai: A day after Commerce and Industry Minister Piyush Goyal snubbed him during a public event, Amazon Founder and CEO Jeff Bezos on Friday announced that the ecommerce giant will create 10 lakh new jobs in India by 2025 through continued investments in technology, infrastructure and its logistics network. The new expected jobs is on […]
Amazon not doing India a favour by investing a billion dollars: Piyush Goyal
New Delhi: Commerce and Industry Minister Piyush Goyal not only ticked off Amazon and its boss Jeff Bezos saying that they are not doing India a favour by investing a billion dollars, but also raised concerns if its losses were a result of predatory pricing and if Amazon and Flipkart were gaining entry into multi-brand retail […]
Did Washington Post’s editorial stand cost Jeff Bezos a meeting with PM?
New Delhi: In what appears to be a sensational turn of events, Prime Minister Narendra Modi seems to have given a cold shoulder to the world’s richest man — Jeff Bezos, with an estimated net worth of $115 billion, by not meeting him. While the Amazon chief came to India on Tuesday, there wasn’t any significant […]
Amazon to invest $1 bn to digitise Indian SMBs: Jeff Bezos
New Delhi: In a major announcement showing Amazon’s support for Indian MSMEs, CEO Jeff Bezos on Wednesday said that the company would invest $1 billion in digitising small and medium businesses (SMBs) on its platform in the country. Speaking at the Amazon ‘Smbhav’ event here, he also said that Amazon would support SMBs to export their […]
Why Jeff Bezos picked books to be Amazon’s first product
Delhi: Do you know why Jeff Bezos decided to sell books, and not CDs, online 22 years ago? A rediscovered 1997 video has revealed why the richest man of Earth chose books over CDs to be Amazon’s first product. Rediscovered by analyst Brian Roemmele and shared on Twitter, the video shows a young Bezos speaking […]
Come, gamble with me on big ideas: Jeff Bezos
Las Vegas: From using Artificial Intelligence (AI) to deliver packages faster to helping developers build capabilities based on Machine Learning (ML) to delight its customers, Amazon Founder and CEO Jeff Bezos has an advice for dreamers and builders: Come to me if you are willing to play the gamble with me on disruptive ideas. The world’s […]
Jeff Bezos finally gets ‘.amazon’ domain: Report
San Francisco: After seven years of trying, Jeff Bezos led e-commerce giant Amazon has finally bagged the ‘.amazon’ domain name from the Internet Corporation for Assigned Names and Numbers (ICANN). The e-commerce giant first applied for this domain in 2012 but its approval took seven years because a group of South American countries through which […]
Amazon CEO Jeff Bezos settles for $36 bn divorce deal
San Francicso: With Amazon CEO Jeff Bezos agreeing to a divorce settlement on Thursday, his ex-wife, MacKenzie Bezos, is set to own about four per cent of the company’s common stock, a stake worth roughly $36 billion. In a tweet on Thursday, MacKenzie Bezos said she would keep 25 per cent of the couple’s Amazon stock, […]