Amazon launches a subscription prescription drug service, Health News, ET HealthWorld

New Delhi: Amazon is adding a prescription drug discount program to its growing health care business. The retail giant said Tuesday that it will launch RxPass, a subscription service for customers who have Prime memberships. Amazon said people will pay $5 a month to fill as many prescriptions as they need from a list of about 50 generic medications, which are generally cheaper versions of brand-name drugs. The company said the flat fee could cover a list of medications like the antibiotic amoxicillin and the anti-inflammatory drug naproxen. Sildenafil also…

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Amazon To Invest Rs 36,300 Cr For Data Centres In Telangana

Amazon Web Services (AWS) on Friday announced that it would increase its investment in Telangana from its previously committed Rs 20,096 crore in 2020 to Rs 36,300 crore by 2030. The company has declared this in one of the highest Foreign Direct Investment (FDI) into Telangana.   AWS will invest in its three Hyderabad data centre campuses at Chandanvelly, Pharma City and Fab City in different phases. The announcement was made on the sidelines of the AWS Empower India event which was held at the Hyderabad International Conven Centre (HICC).…

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CCPA Issues Notice To Amazon, Flipkart, Snapdeal For Selling Toys That Violate BIS Standards

The Central Consumer Protection Authority (CCPA) issued notices to e-commerce entities Amazon, Flipkart and Snapdeal for the sale of toys that are violating the standards directed by the Centre.  CCPA has also written to the General Director of the Bureau of Indian Standards (BIS) to take necessary action. The e-commerce entities were asked to submit the report within 7 days from the issuance of the notice. Failing to do so, could land them under the provisions of the Consumer Protection Act 2019. The authority has expanded its campaign all over…

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Maharashtra’s Labour Ministry Issues Notice To Amazon Over Layoffs

Amazon India envoys have been summoned to present before CS Shinde, assistant labour commissioner on 17 January at 3 PM, the notice read Labour Ministry of Maharashtra has issued notice to the e-commerce giant Amazon over concerns of ongoing layoffs that might impact nearly 1,000 employees in India. The Pune office of the Ministry has issued the notice.  Amazon India envoys have been summoned to present before CS Shinde, assistant labour commissioner on 17 January at 3 PM, the notice read.  As per reports, the National Information Technology Employees Senate…

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Amazon To Lay off 18,000 Employees

The online retail giant Amazon on Wednesday announced to lay off more than 18,000 employees from their workforce due to “the uncertain economy”.  The company also said that it hired rapidly during the pandemic.  The chief executing officer (CEO), Andy Jassy in a statement to his staff said that between the reductions they made in November and the ones they are sharing today, they plan to eliminate just over 18,000 roles. He further added, “We are working to support those who are affected and are providing packages that include a…

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Amazon Planning To Release New App For Streaming Sports

Amazon may soon release a new separate sports streaming app. This move would be consistent with Amazon’s strategy of expanding its sports programming offerings via its Prime Video platform. Spons has quickly become one of the most popular live streaming platforms, and it can assist platforms such as Amazon Prime in increasing viewership. According to media reports, Amazon will enter the sports market against competitors such as Disney, which is currently the market leader. Amazon already has the rights to stream a number of high-profile sporting events, including Thursday Night…

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Fair Work India’s 2022 Report Says Several Online Platforms Have Working Conditions For Gig Workers

It is not just the consumers of these companies who were seen complaining in 2022. According to Fair Work India’s 2022 report, ride-hailing companies Uber and Ola, quick commerce platform Dunzo, online pharmacy PharmEasy, and delivery platform Amazon Flex had the worst working conditions for gig workers. Fair Work, which assesses the working conditions of gig workers, evaluated digital platforms on five principles. These included fair pay, fair conditions, fair contracts, proper management and fair representation, each with a basic and advanced point. For the second year in a row,…

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Apple, Amazon Resume Advertising On Twitter: Reports

Amazon.com Inc and Apple Inc are planning to resume advertising on Twitter, according to media reports on Saturday. The developments follow an email sent by Twitter on Thursday to advertising agencies offering advertisers incentives to increase their spending on the platform, an effort to jump-start its business after Elon Musk’s takeover prompted many companies to pull back. Twitter billed the offer as the “biggest advertiser incentive ever on Twitter,” according to the email reviewed by Reuters. US advertisers who book USD 500,000 in incremental spending will qualify to have their…

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Its Curtains For Amazon’s Food-delivery Business In India After Annual Review

Amazon Food, a business the company was trialing in the southern Indian city of Bengaluru, would be discontinued Amazon Inc will shut down a food-delivery business it was testing in India, the e-commerce giant said on Friday, a day after it announced the winding down of its online learning platform for high-school students in the country. Amazon Food, a business the company was trialing in the southern Indian city of Bengaluru, would be discontinued, it said. “As part of our annual operating planning review process, we have made the decision…

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Amazon-Future Tussle: Delhi HC Allows Arbitration Before SIAC

The Delhi High Court on Tuesday rejected Future Retail Ltd’s (FRL) plea seeking termination of the arbitration proceedings initiated by US major Amazon before the Singapore International Arbitration Centre (SIAC).  Justice C Hari Shankar ruled that the arbitration before the SIAC will continue uninfluenced by any of the findings or contentions raised by FRL and others.   Amazon initiated the SIAC proceedings against the Rs 24,713 crore deal between FRL and Reliance Retail, which is set to start on November 28. Amazon said it had invested Rs 1,400 crore in…

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