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Amazon to start initial Leo internet service this year as network nears 400 satellitesAmazon's latest batch of 29 satellites lifted off from Florida early on Thursday aboard an Atlas V rocket from United Launch Alliance, mark...- Flipkart appoints Vinay Vaidya as SVP to drive AI-led tech innovationsPrior to joining Flipkart, Vaidya served as the chief technology officer at Tata Digital, where he led technology strategy, platform modern...
- No longer magnificent? How Apple, Microsoft and other Mag 7 stocks are crumbling under AI pressureThe Magnificent Seven are underperforming as investors question whether massive AI spending will generate adequate returns. With $2.3 trill...
- Sweltering heat sets summer-goods sales on fire; consumer brands hitch qcomm ride to big businessIndia's scorching summer has fueled a surge in consumer goods sales, with quick-commerce platforms becoming the star performers. Ice creams...
- Neon acquires Luca Guadagnino's OpenAI movie 'Artificial' after Amazon MGM exitNeon has secured global rights to Luca Guadagnino's "Artificial," a film detailing Sam Altman's brief ouster from OpenAI. Starring Andrew G...
- Amazon’s rapid delivery push triggers $15 billion rout for Eternal, SwiggyEternal and Swiggy have pioneered India’s 10-minute delivery space, but rising competition is intensifying pressure. Blinkit and Instamart ...
- Delhivery’s Barua bets on consolidation; Amazon, Flipkart’s qcomm price warHappy Monday! Delhivery CEO Sahil Barua told us in an interview that the logistics sector is likely to see more consolidation. This and mor...
- Amazon, Flipkart spark quick commerce price war as Blinkit, Instamart hold the lineIndia’s quick-commerce market is back in a discounting spiral. Amazon and Flipkart are turning up the heat, but incumbents Blinkit and Swig...
- Global giants commit over $90 billion investment in India amid geopolitical uncertaintyGlobal giants are pouring over USD 90 billion into India, signaling strong confidence in its long-term growth despite global uncertainties....
- 'I was in denial with the idea of quick commerce’: BigBasket founder Hari MenonBigBasket founder Hari Menon is stepping down as CEO after 15 years, reflecting on the company's evolution from scheduled deliveries to emb...
- Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.
- Amazon will look at acquisitions, continue to work with govt on expanding AI capabilities: Andy Jassy, CEOAmazon is significantly boosting its India investment, committing an additional $48 billion by 2030, bringing the total to nearly $90 billi...
- Amazon CEO Andy Jassy visits India; to meet PM Modi on ThursdayThe visit comes as Amazon sharpens its focus on quick commerce in the country. The company announced that it is expanding its 10-minute del...
- Amazon's record USD 48 billion investment shows growing interest across the world to invest in India, says PM ModiAmazon is set to invest a record $48 billion in India between 2026 and 2030, with over $21 billion earmarked for AI and cloud infrastructur...
- Sarvam gets state backing; Andy Jassy’s India visitHappy Thursday! The Indian government may soon end up taking a stake in Sarvam AI. This and more in today’s ETtech Morning Dispatch.
- Swiggy Instamart COO Ankit Jain, CBO Hari Kumar quit amid top-level rejigQuick commerce platform Instamart has seen key leadership departures with COO Ankit Jain and CBO Hari Kumar resigning due to personal reaso...
- Beyond the top 3, Amazon and Flipkart wage war to win the quick commerce crownEcommerce giants Amazon and Flipkart are aggressively expanding their quick commerce operations, aiming to capture market share from establ...
- Amazon CEO in India Now; Hyderabad’s growing spacetech orbitAmazon CEO Andy Jassy is in India as the tech giant triples down on its quick commerce play in the country. This and more in today’s ETtech...
- Walmart's Flipkart, Amazon step up India 'quick commerce' bet as competition heats upWalmart's Flipkart and Amazon are accelerating their quick commerce expansion in India, targeting smaller cities to compete with domestic p...
- Amazon MGM drops Luca Guadagnino's Sam Altman film 'Artificial'Luca Guadagnino's upcoming film 'Artificial,' starring Andrew Garfield as Sam Altman, has been dropped by Amazon MGM Studios despite nearin...
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