E-commerce major Amazon on Tuesday announced its foray into quick commerce, joining the race against Zomato's Blinkit, Swiggy Instamart, Flipkart Minutes, Zepto and others.
The company said it will announce details of the service later. Reports had earlier suggested that Amazon will call its offering as Tez.
"We are excited to start a pilot to give our customers a choice to get everyday essentials in 15 minutes or less," Amazon India country manager Samir Kumar said at the company's flagship event, Smbhav. "We already have millions of customers across India, including Prime members who trust us and will look forward to this convenience," he added.
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2W sales skid sharp 19% in Dec
RETAIL SALES OF two-wheelers are headed for their first December drop in two years with the first half of the month registering a sharp 19% year-on-year fall, according to data sourced from the government's Vahan portal.
Sebi tightens SME listing regulations
• Performance validation agency PaRRVA set up
Trump threatens to impose reciprocal tariffs on India
US PRESIDENT-ELECT DONALD Trump has said that India charges \"a lot\" of tariffs, reiterating his intention to impose reciprocal tariffs in retaliation for what New Delhi will impose on the import of certain American products.
'Had fun but it's time': Ashwin bows out of internationals with shock retirement call
RASHWIN STOOD in the corridor outside the press conference room after the third Test ended in a draw. Captain Rohit Sharma, walking just ahead of him, gestured to the waiting journalists. \"Sab pata chalega abhi (everything will be known now),\" he said with a laugh, perhaps in reference to the buzz in the press box and on social media about the possible retirement of a \"big player\".
US announces H-1B visa overhaul, Indian techies to benefit
TO TAKE EFFECT IN MID-JANUARY
Free healthcare for senior citizens: Kejriwal
AHEAD OF DELHI Assembly elections next year, AAP national convener and former CM Arvind Kejriwal announced that all citizens of Delhi aged above 60 will get free medical care in government and private hospitals if his party returns to power.
Navy boat hits ferry off Mumbai coast, 13 dead
A PRIVATE FERRY, carrying more than 110 passengers to Elephanta Island off Mumbai coast, capsized after a Navy speedboat crashed into it on Wednesday.
Sebi tightens SME IPO rules
SEBI cleared the review of merchant bankers, custodians, and provisions for high-value debt-listed entities (HVDLE), increasing the HVDLE identification threshold from ₹500 cr to ₹1,000 cr (aligning with large corporates), and introduced a sunset clause governing debt-listed securities corporate governance. Ease of doing business norms for asset management companies, SM REITs, and AI use by market infrastructure institutions (MIIs) were also ratified. The application size (₹1 lakh) and minimum investor number remained unchanged.
Trump threatens to impose reciprocal tariffs on India
HE MADE THE remarks while responding to a question on a potential trade agreement with China.
Opposition seeks Shah's resignation
● PM defends HM; slams Cong & its 'rotten ecosystem'
