Real Estate Mumbai
Amazon Acquires 38 Acres in Ambernath, Mumbai for Rs 450 Crore
In a significant real estate move, Amazon India has finalized the purchase of 38 acres of land in Ambernath, Mumbai, for Rs 450 crore. The deal, which was sealed on November 12, 2024, includes a stamp duty payment of Rs 27 crore. This acquisition undersco
Real Estate Mumbai
Amazon India's Major Land Acquisition for Hyperscale Data Centre in Palava, Near Mumbai
Amazon India has made a significant land acquisition in Palava near Mumbai from the real estate developer Lodha. This strategic move will facilitate the development of a hyperscale data centre, reflecting Amazon’s growing commitment to India's digital inf
Real Estate Mumbai
Amazon Acquires 38-Acre Land from Lodha Group in Ambernath for ₹450 Crore
Amazon Data Services Pvt Ltd has acquired a 38-acre land parcel in Ambernath near Mumbai from Macrotech Developers, also known as Lodha Group, for ₹450 crore. The transaction was registered on November 12, 2024.
Real Estate
Amazon Plans to Downsize: 14,000 Managerial Roles at Risk by 2025
E-commerce giant Amazon is considering a significant reduction in its managerial workforce, with up to 14,000 roles at risk of being cut as early as 2025.
Real Estate
Indian Traders Unite Against E-commerce Giants Amazon and Flipkart
The Confederation of All India Traders is launching a nationwide protest against Amazon and Flipkart, alleging anti-competitive practices and demanding prosecution.