Amazon India head Manish Tiwary resigns
New Delhi: Amazon.com India's country head Manish Tiwary has resigned after working with the e-commerce giant for eight years, the company said on Tuesday.

His resignation comes as Amazon rapidly expands in India, planning to invest $26 billion by 2030, despite facing a stringent regulatory environment that mandates it operate solely as a marketplace.
Amazon stated that Tiwary decided to pursue an opportunity outside the company and will remain until October to ensure a smooth transition.
Amit Agarwal, senior vice president for emerging markets, will stay closely involved with the India team.
"India is an important priority," Amazon noted in its statement.
The e-commerce giant is currently under antitrust investigation for allegedly favouring select sellers on its Indian website, an accusation it denies.
In 2021, Reuters reported that Amazon engaged in a systematic campaign of creating knockoff goods and manipulating search results to promote its own product lines in India, practices the company has denied.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles

CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.

JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.

LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).

De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News

Operation Sindoor on games field, India wins: PM Modi jibes Pak in congratulatory message for his country

Suryakumar Yadav donates Asia Cup match fees to Armed Forces and Pahalgam terror attack victims' families

US: Michigan church attack leaves four dead, gunman shot down
Narendra Modi congratulates Team India on Asia Cup win over Pakistan, recalls Operation Sindoor
