Amazon to invest 1 billion USD in India; Create 1 million jobs

On January 17, 2020, one of the world’s largest retailer Amazon announced that it has planned to invest 1 billion USD in India and generate 1 million jobs. Globally Amazon has increased its employee base four times. Highlights The retailer ..

Month: Current Affairs - January, 2020

Alphabet hits USD 1 Trillion Mark

The parent company of Google and its several subsidiaries, American multinational conglomerate- Alphabet Inc. has crossed the market valuation of USD 1 trillion mark on Thursday, 16th January 2020 as the shares of the company closed at USD 1,451.70 making ..

Month: Current Affairs - January, 2020

Acquisitions approved by CCI on 28 November 2019

Competition Commission of India (CCI) is responsible for enforcing The Competition Act,2002 throughout the country. It is a statutory body under the Government of India founded on 14 October 2003, ensures that healthy competition is maintained by avoiding unfair practices ..

What is ‘Project Zero’ introduced by Amazon in India?

To block selling of counterfeit goods on its platform, e-commerce giant Amazon has introduced ‘Project Zero’ in India, in a bid to ensure that customers receive authentic goods when shopping on Amazon. What is ‘Project Zero’? It introduces additional proactive ..

Month: Current Affairs - November, 2019

Amazon launches Military Veterans Employment programme in India

E-commerce major Amazon India has launched a Military Veterans Employment programme in the country to create hundreds of opportunities for military veterans and their spouses across the company’s fulfilment centres. For this noble cause, Amazon India has partnered with the ..

Govt releases Draft e-Commerce Guidelines for Consumer Protection 2019

Union Ministry of Consumer Affairs, Food and Public Distribution (Department of Consumer Affairs) has published draft e-Commerce Guidelines for consumer protection 2019. These guidelines will be applicable on all business-to-consumer (B2C) e-commerce platforms. Draft e-Commerce Guidelines for Consumer Protection 2019 ..

Month: Current Affairs - August, 2019

Gafa Tax: France to levy 3% tax on Internet giants

The French parliament approved a law dubbed as Gafa Tax (an acronym for Google, Apple, Facebook and Amazon), the legislation will impose a 3% levy on sales generated in the country by non-tax paying online giants. Key Highlights Levying this ..

Month: Current Affairs - July, 2019

‘Go Tribal’ campaign launched

Go Tribal campaign, was launched by Union Ministry of Tribal Affairs and TRIFED (Tribal Cooperative Marketing Development Federation of India) in association with Amazon Global. Key Highlights about Campaign Objective: To create awareness and promote tribal arts and crafts as ..

Month: Current Affairs - June, 2019

Union government launches Go Tribal Campaign

On July 28, the Union government has launched the Go Tribal Campaign in New Delhi to promote the use of tribal handicrafts and natural products. TRIFED has organized this event to institutionalize collaborations and partnerships with different organizations to promote ..

Amazon India India’s most attractive employer brand, as per Randstad Employer Brand Research (REBR) 2019 report

According to the Randstad Employer Brand Research (REBR) 2019, E-commerce giant Amazon India is the most attractive employer brand in India followed by Microsoft India and Sony India. Others in the top 10 most-attractive employer brands in India for 2019 ..