Latest News Updates From Saritha Rai

Business, Technology

Motive to Hire Hundreds as AI Firms Follow Big Tech to India

Motive Technologies plans to more than double its India head count, joining a rising number of artificial intelligence unicorns from Silicon Valley expanding in the South Asian country.

March 11, 2025
Government, Business, Technology, Logistics

Facebook’s $6 Billion India Bet Kindles E-Commerce War With Amazon, Walmart

Facebook Inc.’s $5.7 billion investment in a unit of India’s Reliance Industries Ltd. creates an e-commerce leviathan to take on Amazon .com and Walmart Inc. in one of the world’s most competitive internet arenas.

April 22, 2020
Business, Logistics

Amazon’s New India Campus Is Its Largest

Amazon.com on Aug. 21 opened its largest campus building globally in the south Indian city of Hyderabad as it prepares for a furious expansion and battle with nemesis Walmart Inc. in one of the world’s fastest-growing retail markets.

August 21, 2019
Business, Technology

Walmart Got a $10 Billion Surprise After Buying Flipkart

When Walmart Inc. paid $16 billion for control of India’s e-commerce pioneer Flipkart Online Services Pvt. last year, the American retail giant got a little-noticed digital payments subsidiary as part of the deal.

July 10, 2019
Government, Business, Logistics

Amazon Cuts Deal to Unfreeze Suspended Product Listings in India

Amazon.com resurrected thousands of suspended product listings in India by selling much of its stake in top local venture partner Cloudtail, a hastily arranged deal intended to comply with stringent new e-commerce regulations that upended the market.

February 7, 2019
Government, Business, Technology, Logistics

Amazon, Walmart Reel as India Curbs Plunge Market Into Chaos

Amazon.com’s and Walmart Inc.’s grand plans for India were thrown into chaos Feb. 1 after the country implemented new e-commerce regulations, which could cut their growth in the market by as much as half this year.

February 1, 2019
Business, Technology

Walmart Favored Over Amazon to Buy India’s Flipkart

Walmart Inc. looks likely to take the next round in the battle for India’s retail market over rival Amazon.com.

April 11, 2018