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For more than a year, Amazon.com Inc and India''s Future Group have been locked in a complex legal stand-off that has stalled Future''s $3.4 billion sale of assets to rival Reliance Industries , the country''s biggest conglomerate.After trading barbs in courtrooms for months, Amazon and Future unexpectedly agreed on March 3 to hold discussions to resolve their dispute.Here''s what the dispute, seen as key to deciding who gets an upper hand in one of the world''s fastest-growing retail markets, is all about and what led to the sudden change in tone.WHAT TRIGGERED THE DISPUTE?In 2019, Amazon and Future, number two player in India behind market leader Reliance, became business partners when the U.S. company invested $200 million in a unit of the Indian group.That deal, Amazon argues, came with non-compete clauses that prohibited Future from selling retail assets to certain rivals, including Reliance, run by one of India''s richest men, Mukesh Ambani. The deal also included clauses for settlement of any disputes under rules laid down by the Singapore International Arbitration Centre.But in 2020, Future - hit hard by the COVID-19 pandemic - decided to sell assets to Reliance.Amazon then approached Singapore arbitrators and successfully stopped the sale.

NEW DELHI : For more than a year, Amazon.com Inc and India''s Future Group have been locked in a complex legal stand-off that has stalled Future''s $3.4 billion sale of assets to rival Reliance Industries , the country''s biggest conglomerate.After trading barbs in courtrooms for months, Amazon and

Two of the largest technology companies in the world could be set to battle it out on the gridiron, with a new battle picking up for the rights to National Football League games. What Happened: Apple Inc (NASDAQ: AAPL ) is exploring making a bid for the NFL rights in a multibillion-dollar deal, according to a report from Front Office Sports . The National Football League is fielding offers for an equity stake in NFL Media, livestreaming games on mobile devices and the lucrative “NFL Sunday Ticket” package. Apple is said to be prepared to bid for all three items in one deal. Amazon.com Inc (NASDAQ: AMZN ) is considered the frontrunner by many to land the 49% stake in NFL Media, which includes the NFL Network, NFL RedZone and NFL.com. The National Football League is also considering selling the three items as pieces to maximize the potential revenue, which could bring in around $2.5 billion for the league. Walt Disney Co (NYSE: DIS ) is also considered to be a bidder on at least one of the three pieces offered by the NFL. “We’ve had a tremendous amount of interest from some terrific …

Amazon.com Inc (NASDAQ: AMZN ) had confidentially acquired Veeqo in November. The financial terms of the transaction remain undisclosed. Octopus Ventures, an investor in Veeqo, confirmed the deal . Veeqo makes tools to help online … Full story available on Benzinga.com

The campaign ''SheIsAmazon'' puts spotlight on women employees, associates and partners who have fought societal, cultural, disability, and economic barriers to achieve their dreams

Kohl''s Corp. said Monday that it aims to grow the Sephora partnership into a $2 billion business across more than 850 stores. The goal is part of a long-term plan Kohl''s detailed before its Monday investor event. "Kohl''s is undergoing a significant transformation of our business model and brand to be the retailer of choice for the Active and Casual lifestyle," said Chief Executive Michelle Gass in a statement. Kohl''s is targeting a low-single digit percent sales growth and mid-to-high single digits percent EPS growth over the long term. The company also aims to acquire millions of customers through its returns partnership with Amazon.com Inc. ; open more than 100 smaller-format stores over the next four years; grow its digital business to $8 billion; and more. Kohl''s has been entangled in a battle with activist investor group Macellum Advisors, which has a slate of board members it will nominate. Kohl''s announced its most recent quarterly earnings last week. Kohl''s stock is up 5.7% over the past year while the S&P 500 index has gained 12.7%.

Twenty-four institutional investors in Amazon.com Inc (NASDAQ: AMZN ) urged the e-commerce group to increase its global tax policy transparency, Financial Times reports . The shareholder resolution called Amazon’s board to issue a tax transparency report to shareholders, “at reasonable expense and excluding … Full story available on Benzinga.com

Amazon India is offering exchange value which could be up to ₹15,200 depending upon the model

At a large Future Retail supermarket in Mumbai last week, workers were unloading hundreds of bright blue grocery crates belonging to India''s biggest retailer Reliance. Prospective customers were turned back by security, disappointed at the closed state of the store that still carries the signage of Future''s biggest brand, Big Bazaar, but which will likely soon be rebranded as a Reliance outlet. Across India, similar scenes are being played out as Reliance Industries, India''s biggest conglomerate run by Mukesh Ambani, the country''s richest man, presses ahead with a shock de facto takeover of prized retail real estate that Amazon.com Inc has been keen to take part-ownership of. The high-profile bitter dispute between corporate titans in which Amazon has sought to block Reliance''s planned $3.4 billion purchase of Future Group''s retail assets is currently before India''s Supreme Court. Reliance''s takeover began with utmost stealth on the night of Feb. 25 when its staff began arriving at Future stores.

Amazon.com Inc''s (NASDAQ AMZN) video game live streaming platform, Twitch, has lost six critical executives since the start of 2022, Bloomberg reports . Twitch is a popular site for watching other people play video games. The platform lost its COO Sara Clemens, Chief Content Officer Michael Aragon and Head of Creator Development Marcus "DJ Wheat" Graham, and three other top executives. According to Bloomberg, the personnel exits … Full story available on Benzinga.com

Amazon.com (AMZN) is making moves to press the Federal Trade Commission''s decision on its multibillion-dollar deal to acquire MGM Studios (MGMB), setting up a mid-March deadline…

Amazon.com Inc. has given the Federal Trade Commission a mid-March deadline to rule on Amazon''s proposed $6.5 billion purchase of the MGM movie and television studio, according to a Wall Street Journal report on Thursday. The ultimatum came after the e-commerce giant certified to the FTC that it provided all the information requested by antitrust investigators, the Journal reported, citing people familiar with the matter. If the FTC doesn''t file a legal challenge before the deadline, Amazon could be free to consummate the deal. However, the commission may continue to review a deal even if it closes. Amazon was not immediately available for comment. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Pune, India, March 03, 2022 (GLOBE NEWSWIRE) -- The global OTC drugs market size is projected to grow from USD 157.0 billion in 2021 to USD 233.6 billion in 2028. The rising number of private label products is set to affect growth positively. In the U.S., shares of these products reached 31.0% in 2018 from 26.0% in 2009. Also, numerous companies are collaborating with e-commerce platforms to launch their products on their platforms. Amazon.com, Inc., for instance, introduced Perrigo''s over-the-counter healthcare products in February 2018. Fortune Business Insights™ mentioned this in a published report, titled, "OTC Drugs Market, 2021-2028." The report further states that the market stood at USD 148.0 billion in 2020. It is set to showcase a CAGR of 5.8% in the forecast period during 2021-2028. Request Sample PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/over-the-counter-otc-drugs-market-105433 Report Scope & Segmentation Report Coverage Details Forecast Period 2021-2028 Forecast Period 2021 to 2028 CAGR 5.8% 2028 Value Projection USD 233.6 Billion Base Year 2020 Market Size in 2021 USD 29.63 Billion Historical Data for 2017-2019 No. of Pages 140 Segments covered By Type, …

Amazon.com is doing an about-face on its move into brick and mortar to supplement its massive online presence by closing 68 brick and mortar stores. SEE MORE 11 Good Reasons to Cancel Amazon Prime The Seattle-based retailer said it will close all its bookstores (Remember, Amazon got its start as an online bookstore) – plus Amazon 4-star stores that sell home goods and toys, as well as pop-up stores that have appeared in malls and other locations. The move comes on the heels of Amazon raising its yearly subscription rate for Amazon Prime to $139, from $119. Amazon said it will instead concentrate on its core grocery stores (including Amazon Fresh locations and the Whole Foods Chain), plus Amazon Style , a new, high-tech, high-fashion brick-and-mortar store from Amazon. The first Amazon Style store, which will feature clothing, shoes and accessories for men and women, will open in Los Angeles later this year . You can check out the concept on this video from Amazon . Disappearing along with Amazon bookstores are Amazon 4-Star stores, a concept that sold home goods, electronics, toys and other goods that got top customer reviews – hence, 4-star.