Amazon India Invests in 6 New Fulfilment Centres Ahead of Busy Season

New centres in Chennai, Coimbatore, Delhi, Jaipur, and Mumbai With the launch, Amazon has a total area of 2.5 million square feet With this, more products will be available under fulfilment by Amazon E-commerce major Amazon has invested in six new fulfilment centres to meet growing requirements of its fast-increasing seller base in the country….

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Avast to Acquire AVG in $1.3 Billion Internet Security Deal

Czech anti-virus software maker Avast Software will take over its Dutch rival AVG Technologies for CZK 31.7 billion (EUR 1.17 billion, $1.3 billion or roughly Rs. 8,765 crores), the two companies said Thursday. “Combining Avast’s and AVG’s users, the organisation will have a network of more than 400 million endpoints, of which 160 million are…

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DIPP Asks States, Union Territories to Set Up Startup Hub, Incubators

The Commerce and Industry Ministry has asked all the states and the union territories to set up ‘Startup Hub’ as well as incubators to help budding entrepreneurs. The Department of Industrial Policy and Promotion (DIPP) has already set up the hub, which was operationalised since April. It helps in resolving queries and provides handholding support…

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