September 2024 – Page 29

Amazon India creates over 1.1 lakh seasonal job opportunities ahead of festive season

The AGIF, one of the largest shopping events in India, is set to commence on September 27, with a special 24-hour early access for Prime members.

Amazon India also reduced selling fees by 3-12% for 59 product sub-categories on the marketplace last week

Meet the executive team driving Ola’s electric ambitions in post-IPO world

Saurabh Sarda (left), Ramkripa Ananthan (centre) and Suvonil Chatterjee (right)

Ola Electric has strategically hired experts for its diverse operations, focusing on EV manufacturing, cell production, charging infrastructure, and R&D.

GenZ fashion startup NEWME launches 90-minute delivery service in Delhi-NCR

Founded in 2022, NEWME targets GenZ customers in India and Southeast Asia.

Pilot program in Delhi-NCR aims to revolutionize fast fashion delivery times.

Lay’s named Official Sponsor of FIFA World Cup 26 & FIFA Women’s World Cup 2027

The brand will break new ground at both tournaments by recognising and rewarding the “Fan of the Match” at every match.

As Official Sponsor, Lay’s, alongside a portfolio of food brands, including Doritos, Cheetos, Tostitos, Ruffles, Cracker Jack, PopCorners, Quaker and Gamesa, will bring fans closer to the game with exclusive experiences, merchandise, consumer activations and more.

Probe finds Amazon, Walmart’s Flipkart breach competition laws in India

In 2020, the Competition Commission of India (CCI) in 2020 ordered an investigation into Amazon and Flipkart for allegedly promoting certain sellers with which they had business arrangements and giving priority to certain listings.

The e-commerce giants Amazon and Flipkart were engaged in anti-competitive practices by favouring select sellers on their platforms, according to the probe conducted by the Competition Commission of India (CCI).

Microsoft lays off 650 Xbox employees; cites cost cutting, integration efforts

In May, Xbox decided to shutter four studios acquired as part of its $7.5 billion purchase of ZeniMax

This would be the third layoff cycle of this year after Microsoft’s Xbox unit cut 1,900 jobs in January, mostly from Activision units and studios.

Nazara to invest Rs 982 cr in PokerBaazi owner Moonshine Technology

The company is led by Founder & CEO Navkiran Singh and Co-Founders Puneet Singh, Varun Ganjoo, Avneet Rana, and Anirudh Chaudhry.

The investment includes Rs 150 crores in primary capital, with the remainder acquired through a secondary purchase of existing investor shares via cash and stock.

GenAI emerges as top priority for APAC C-Suite leaders, Salesforce study reveals

49% of businesses use AI for forecasting and budgeting

Despite rising adoption, barriers such as accessibility, data issues, and costs remain hurdles in the journey toward full integration of Generative AI across the region.