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Amazon’s custom EVs for Indian roads could go global too

Amazon’s custom EVs for Indian roads could go global too

(ATF) Amazon’s trademark “smile” that has so far been seen on its delivery boxes and billboards in India has just turned electric. Customers from a few Indian cities will soon see custom-made electric three-wheelers delivering Amazon’s products as close to a hundred such EVs hit the road in seven cities …

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India's e-commerce chaos sparks calls for rewrite of regulations

India's e-commerce chaos sparks calls for rewrite of regulations

(ATF) Experts have called for a comprehensive rewrite of India's e-commerce laws – as new reports suggest that Amazon may not be playing by the rule book, and many Indian retailers allege that Amazon India and Walmart-owned Flipkart are harming their businesses by flouting local regulations.The goals, analysts say, should …

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Bezos reclaims prime position as world’s richest person 

Bezos reclaims prime position as world’s richest person 

Amazon founder Jeff Bezos reclaimed his number one position as the world’s richest person this week, ousting Tesla’s Elon Musk who held the title for just one month.With a net worth of $190.3 billion, $16.9 billion more than Musk, Bezos retook the top spot – which he’d held for more …

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India refutes USTR’s allegation on digital tax 

India refutes USTR’s allegation on digital tax

(ATF) India has been quick in dismissing the US Trade Representative's (USTR) allegations that its digital services taxes discriminate against US companies, arguing that the levy creates a level playing field and ensures fair competition for all non-resident e-commerce operators.In a statement, India’s commerce department also said that the government …

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Tech giants could face bans if they break new rules, EU says

Tech giants could face bans if they break rules, EU says

Technology companies' services could be banned from the European market if they do not heed EU regulation, Europe's industry chief Thierry Breton told German weekly Welt am Sonntag, as the European Commission finalises rules on internet companies.Breton will announce new draft rules known as the Digital Services Act and the …

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Bezos calls for probe as Ambani snaps up Future Group

Bezos calls for probe as Ambani snaps up Future Group

(ATF) Following an initial win in its bid to block the Future Group’s deal with Mukesh Ambani-led Reliance Industries, Amazon has fired its next salvo by urging India's market regulator to investigate and not approve the deal.And as the move brings a new twist to its tussle with its local …

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Big Tech's market dominance spurs numerous US probes

Big Tech's market dominance spurs numerous US probes

The US Justice Department is expected to file a lawsuit against Alphabet Inc's Google on Tuesday in what could be just the first in a series of legal salvos against high-profile tech companies.It has been known for more than a year that Amazon.com, Apple and Facebook also face an array …

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India warns Amazon, Flipkart over country of origin rule

Amid tensions with China, India warns Amazon, Flipkart over country of origin rule

MUMBAI: The Indian government has warned Amazon.com's local unit and Walmart's Flipkart that sellers on their platforms are not complying with a rule requiring that a product's country of origin be specified.A push for strict enforcement of the rule has come amid tensions between India and China following a border …

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