Latest on Amazon — - The Indian Panorama

SOFTBANK PUTS $2.5 BN INTO FLIPKART’S WALLET

Aug 15, 2017 - 8:47 am EDT @theindpanorama 0

NEW DELHI (TIP): Flipkart has raised an estimated $2.5 billion from SoftBank Vision Fund, making the fund created by Japanese conglomerate SoftBank one of the biggest shareholders of India’s largest ecommerce player. “This is the biggest ever private investment in an Indian […]

AXIS BANK BUYS SNAPDEAL’S FREECHARGE FOR RS 385 CRORE

Jul 29, 2017 - 8:40 am EDT @theindpanorama 0

Deal dynamics ? The sale price is huge markdown for Snapdeal, which acquired payment wallet FreeCharge for $400 m in 2015 ? The deal will help the third largest private sector lender to double the customer base and address the digitally savvy people ? FreeCharge clocked revenues of Rs 80 […]

Amazon’s Jeff Bezos bumps Bill Gates from world’s richest position

Jul 28, 2017 - 8:40 am EDT @theindpanorama 0

WASHINGTON (TIP): Amazon‘s founder CEO Jeff Bezos may have ended Microsoft badshah Bill Gates’ long reign since 1995 as the world’s richest individual – a position interrupted only briefly by the likes of Berkshire Hathaway’s Warren Buffett and Mexican […]

Amazon sells Hanuman leggings despite past Hindu protests on trivializing Hindu gods

Jul 21, 2017 - 5:47 am EDT @theindpanorama 0

NEVADA (TIP): Upset Hindus are seeking apology and urging online retailer Amazon.com for the immediate withdrawal of leggings carrying images of Hindu deity Lord Hanuman; calling it highly inappropriate. “Hanuman the Great” Women’s Leggings are […]

Google Earth to let users post stories and photos

Jul 18, 2017 - 10:58 am EDT @theindpanorama 0

RIO DE JANEIRO (TIP): Alphabet Inc wants users to post millions of stories, video and photos on its Google Earth platform in the next few years, the programme chief said at a launch event in Brazil for content focused on […]

FLIPKART COULD OFFER $900 to 950 MILLION FOR SNAPDEAL

Jul 18, 2017 - 10:38 am EDT @theindpanorama 0

NEW DELHI (TIP): E-commerce major Flipkart is expected to make a revised offer of USD 900-950 million for buying rival Snapdeal, according to sources. The new offer almost matches the initial asking price of USD 1 billion for […]

AMAZON INVESTS OVER RS 2,000 CR IN INDIA BIZ

Jul 10, 2017 - 2:24 am EDT @theindpanorama 0

NEW DELHI (TIP): Global e-tailing giant Amazon has invested over Rs 2,000 crore (over $310 million) in India in the past two months as it looks to consolidate its position in the country and fend off local rivals like Flipkart. […]

AMAZON BUYS WHOLE FOODS FOR $13.7 BN

Jun 18, 2017 - 12:30 pm EDT @theindpanorama 0

NEW YORK (TIP): Amazon.com Inc said on June 17 (Friday) it would buy US organic supermarket chain Whole Foods Market Inc for $13.7 billion, including debt, marking the internet retailer’s largest deal and biggest foray into the brick-and-mortar retail sector. The deal, which puts a 27% premium on Whole […]

It’s official: The Obamas are Washington homeowners

Jun 5, 2017 - 7:04 pm EDT @theindpanorama 0

WASHINGTON: Former US president Barack Obama and his wife Michelle initially decided to stay in Washington once he left the White House so their daughter Sasha could finish high school. Now, their presence in the US capital looks […]

Indian American Researchers win Young Investigator Award for 2017

Jun 5, 2017 - 1:10 pm EDT @theindpanorama 0

ARLINGTON, VA (TIP): The Office of Naval Research’s Science and Technology Organization honored recently 34 young investigators nationwide with the 2017 Young Investigator Award.; four of them are Indian American researchers. They are: Dr. Dhruv Batra, Dr. Pavithra Prabhakar, Dr. Padmini Rangamani […]

Chandrababu Naidu honored with Transformative Chief Minister Award at Silicon Valley Summit

May 26, 2017 - 2:24 pm EDT @theindpanorama 0

WASHINGTON (TIP): Chief Minister of Andhra Pradesh Chandrababu Naidu was awarded the Transformative Chief Minister Award by The U.S.-India Business Council (USIBC) during their annual summit, an honor that has been instituted by the Council to acknowledge excellence in public service and recognize […]

SAREGAMA MUSIC CARDS – The perfect gift for your loved ones

Mar 31, 2017 - 9:14 am EDT @theindpanorama 0

There are soulful lyrics that console you during a heartbreak, beautiful voices that describe your love for someone special. Songs that lift you up or bring you down with a particular memory or a moment […]

SNAPDEAL SEARCHES FOR FUNDS, TAKEOVER SPECULATION GROWS

Mar 31, 2017 - 4:04 am EDT @theindpanorama 0

HONK KONG/MUMBAI (TIP): Indian online retailer Snapdeal is seeking investment to shore up its finances after unsuccessful talks with Chinese funds and Alibaba Group Holding Ltd as it battles to remain competitive, sources with direct […]

Snapdeal, Truecaller tie up for better shopping experience

Mar 3, 2017 - 2:16 pm EST @theindpanorama 0

NEW DELHI (TIP): Online marketplace Snapdeal, which is also the third largest e-commerce company of India, said on Thursday that it has partnered with Truecaller to enhance consumer experience by integrating Truecaller Priority in the […]

Amazon commits $3 billion more for India

Jun 11, 2016 - 7:24 am EDT @theindpanorama 0

BENGALURU/MUMBAI (TIP): As the Seattle-based e-commerce juggernaut Amazon closes in on the pole position of the Indian e-commerce market, its founder & CEO Jeff Bezos has announced that his company will pump in an additional$3 […]

Flipkart Revises 30-Day Return Policy To 10 Days | eCommerce war stiffens

Jun 6, 2016 - 9:31 am EDT @theindpanorama 0

E-commerce website Flipkart has revised its returns policy and cut down their 30-days returns window to just 10-days. Also Read: FLIPKART HITS $1 BILLION IN SALES | Flipkart Posts Over Rs 2,000-Crore Loss In Discount War & Big… […]

Prabhala Subash, Uma Swaminathan, Krishnamurthy, Selvaraj and Chari at the book signing event.

Indian American NJ based author releases book in Chennai

May 27, 2016 - 9:13 am EDT @theindpanorama 0

CHENNAI (TIP): Uma Swaminathan, a New Jersey-based community activist and a fighter against injustice in NJ school system last week released her book “Healing with Herbs – Ancient Ayurvedic Wisdom for Health and Longevity” at […]

Walmart to close 154 stores, 269 worldwide in a major restructuring

Jan 22, 2016 - 6:56 pm EST @theindpanorama 0

NEW YORK (TIP): Walmart, the world’s largest retailer has announced that it is closing 269 stores, including 154 in the United States. The other big chunk is in its challenging Brazilian market. The stores being […]

Fortune Magazine apologizes to Hindus for cover depicting Bezos as Lord Vishnu

Jan 18, 2016 - 1:31 pm EST @theindpanorama 0

NEW YORK (TIP): American business magazine Fortune has apologized for juxtaposing image of Amazon.com President Jeff Bezos as the likeness of Lord Vishnu over the cover of its January one international edition, which upset the […]

Prabhu Dayal serves hot Karachi Halwa

Jan 1, 2016 - 3:22 pm EST The Indian Panorama Staff - TIP Bureau 0

NEW YORK (TIP): Why would Zia want to climb five floors of a hotel? Why did someone think Zia could fix his TV? Was Zia practicing Urine therapy? What did Christopher Lee and Alyque Padamsee […]

Flipkart posts over Rs 2,000-crore loss in discount war & Big Billion Day Sale

Dec 4, 2015 - 6:16 pm EST @theindpanorama 0

MUMBAI: Flipkart posted a loss of about Rs 2,000 crore in the year ended March 2015, amounting to a fifth of its rapidly rising sales, as the country’s largest online retailer spent heavily to fund […]

Amazon takes Indian sellers on the US shop route

Nov 28, 2015 - 2:42 pm EST @theindpanorama 0

BENGALURU (TIP): In a major boost to the Indian SMEs that are a part of the Amazon Global Selling programme, 1,00,000 goods from India have been shipped to the US in preparation of the forthcoming […]

Dr. Neel Kanase recently hit six Amazon Best-Seller lists in the United States and Canada with "The Soul of Success Volume 2."

Indian American Dr. Neel Kanase hits Amazon Best-Seller lists with The Soul of Success Volume 2

Oct 23, 2015 - 10:49 am EDT The Indian Panorama Staff - TIP Bureau 0

AMARILLO, TX (TIP): Dr. Neel Kanase recently joined a select group of business experts and entrepreneurs from around the world along with Best-Selling Author® Jack Canfield originator of the Chicken Soup for the Soul® series […]

Business & Economics

Twist in the tale: E-book sales dip, print is back

Sep 25, 2015 - 5:33 am EDT @theindpanorama 0

Five years ago, the book world was seized by collective panic over the un certain future of print. As readers migrated to new digital devices, e-book sales soared, up 1,260% between 2008 and 2010. Print sales […]

After jokes, applause at dinner, China’s Xi Jinping gets down to US business

Sep 25, 2015 - 4:57 am EDT @theindpanorama 0

SEATTLE (TIP): A day after wooing Seattle’s elite with pop-culture jokes and promises of reform, Chinese President Xi Jinping gets down to business on Wednesday, meeting Apple Inc’s Tim Cook and other top tech executives. […]

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