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Jeff Bezos pens open letter as Amazon celebrates 5th anniversary in India

Amazon India celebrated its fifth anniversary on Tuesday (5), and to mark the occasion its founder and CEO Jeff Bezos penned an open letter to customers saying he was humbled by the opportunities ahead. Bezos also said he was looking to deliver on the bold promise of Amazon being "India ki Apni Dukaan."

Bezos, in the letter, also said that Amazon now has customers in 100 per cent serviceable pin-codes in the country. He also said that Amazon has become a part of India's culture and that the company has adapted all its services to suit the needs of Indian customers.


Bezos said: "Our Kindle Book Store now offers eBooks in five Indian languages, including Hindi, Tamil, Gujarati, Marati and Malayalam. And we are working with top Indian talent on a dozen new Prime Original series, including Breathe, which has become popular not just in India but across the globe."

Hundreds of thousands of Indian businesses now sell on Amazon.in, said Bezos, praising programmes such as Chai Cart, Tatkal and Saheli for helping small businesses and local artisans across India to start selling online.

Amazon has been investing significant amount of money in India, thanks to upbeat response from both customers and sellers, its chief financial officer Brian Olsavsky said last year.

“It’s still very early (in India). We continue to say that, but we are very encouraged with what we’ve created with customers and sellers alike in India over the last few years.... We will continue to build our business there and continue to do a great job for both customers and sellers. We’re bullish on India longer-term and it’s early,” said Olsavsky.

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Air India CEO Campbell Wilson steps down as Air India Express chair

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AIR INDIA CEO Campbell Wilson is stepping down as chair of Air India Express, the airline’s low-cost subsidiary. He will be replaced by Nipun Aggarwal, Air India’s chief commercial officer, according to an internal memo sent on Tuesday.

Wilson will also step down from the board of Air India Express. Basil Kwauk, Air India’s chief operating officer, will take his place.

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Air India eyes Boeing jets rejected by Chinese airlines: report

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AIR INDIA is seeking to acquire Boeing aircrafts originally destined for Chinese airlines, as escalating tariffs between Washington and Beijing disrupt planned deliveries, reported The Times.

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Infosys forecasts lower annual growth after Trump tariffs cause global uncertainty

The IT service firm said its revenue would either stay flat or grow by up to three per cent

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INDIAN tech giant Infosys forecast muted annual revenue growth last Thursday (17) in an outlook that suggests clients might curtail tech spending because of growing global uncertainty.

The IT service firm said its revenue would either stay flat or grow by up to three per cent in the fiscal year through March 2026 on a constant currency basis. The sales forecast was lower than the 4.2 per cent constantcurrency revenue growth Infosys recorded in the previous financial year.

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6 UK retailers facing major store closures in 2025

In 2025, several UK retailers are experiencing major store closures as they struggle to navigate financial pressures, rising operational costs, and changing consumer behaviours. These closures reflect the ongoing challenges faced by traditional brick-and-mortar stores in an increasingly digital world. While some closures are part of larger restructuring efforts, others have been driven by financial instability or market shifts that have forced retailers to rethink their business strategies. Let’s take a closer look at six major UK retailers affected by these trends.

1. Morrisons

Morrisons, one of the UK's largest supermarket chains, is undergoing a significant restructuring in 2025. The company has announced the closure of several in-store services, including 52 cafés, 18 Market Kitchens, 17 convenience stores, and various other departments. This move is part of a larger strategy to streamline operations and address rising costs. Morrisons’ parent company, CD&R, has been focusing on reducing overheads and refocusing on core services.

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Industry warns Starmer: Strike deal with US or face factory job losses

FACTORY owners could begin laying off workers within months unless prime minister Keir Starmer secures a trade agreement with US president Donald Trump, MPs have been told.

Make UK, an industry lobby group, told the business and trade select committee that tariffs on British exports were reducing demand for UK-manufactured goods.

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