In the post-industrial democratic era, they have benefited immensely from the public provisioning of health and education that produces quality labour, infrastructure, natural resources, tax incentives, loan write offs (NPAs), bailouts, stimulus packages, and much more. Yet increasingly they use tax havens, shell companies and other tools to evade and avoid paying back

The problem, Amazon said, is that it can't get products into its warehouses and out again fast enough. The company doesn't know when delivery times will return to normal

This quarter, with government-mandated lockdowns in full swing, Amazon said it could see a 28% rise in revenue to $81 billion

Coronavirus update: Previous notifications by the home ministry had specifically said that e-commerce companies are allowed to sell only essential goods such as food, medicines and medical devices

The coronavirus pandemic has brought good fortune to Amazon Inc founder and Chief Executive Jeff Bezos in the form of $24 billion. Bezos' overall wealth soared as demand for online shopping sent the company's stock to a new high; Online companies such as Flipkart, Amazon and Paytm Mall are looking to resume full operations after April 20; Amid the coronavirus crisis, the main priority for India should be to deal with the health crisis, said International Monetary Fund's Chief  Economist Gita Gopinath. She added the priority after dealing with the health crisis should be to ensure that people and businesses affected by the pandemic get the help they need. Watch this and more on News Blast.Also Read: Coronavirus lockdown 2.0: Does your district fall in 'red zone'? Check out full list here

Private hospitals account for more than 60 percent of beds, 80 per cent of doctors in the country

Coronavirus lockdown: Amazon, Flipkart may resume full operations after April 20Online companies such as Flipkart, Amazon and Paytm Mall are looking to resume full operations after April 20. The companies are looking to restart full operations after the Ministry of Home Affairs on Wednesday issued a set of guidelines to be followed during the lockdown extension. The government said certain services would be allowed to resume after April 20 to ease the lives of millions of people i...

Bezos owns 11 per cent stake in world's biggest online shopping platform; a spike in online shopping amid COVID-19 pandemic has sent its stock to a new high

It is interesting to note that the United States, which dominates the Bloomberg Billionaires Index with close to 35 per cent billionaires, saw only 13 per cent US billionaires with a YTD jump in their fortunes

Other Indian businessmen who have seen a major drop in their wealth include Gautam Adani whose net worth eroded by $6 billion or 37%, HCL Technologies' Shiv Nadar ($5 billion or 26%) and banker Uday Kotak ($4 billion or 28%)

Apple CEO Tim Cook on Wednesday revealed that the tech giant has sourced 10 million masks from the supply chains and will be donating it to the healthcare workers across the United States.

Amazon Prime customers in the US have been facing the brunt of COVID-19, as their deliveries are being pushed by a month in the times of quarantine.

As coronavirus spreads rapidly in various parts of the world, tech giants Facebook and Apple donate masks to healthcare workers in the US and Europe to provide protection during the novel coronavirus outbreak.

On Monday, Amazon had already hiked the minimum hourly rate for associates to $17 from $15 and announced plans to hire 100,000 warehouse and delivery workers in the United States as the virus outbreak boosts online orders

Almost 12 years after giving up on working full time at Microsoft, co-founder Bill Gates is now finally exiting the company and stepping down from Board.

Claudio Fernandez-Araoz, one of the most influential executive search consultants and author of \"It's Not the How or the What but the Who'', speaks about how to hire right

The American retail giant is now using its 'I Have Space' programme to get more women to be part of its delivery and logistics network

Amazon's food delivery platform is already open for its employees and pilots are underway across cities like-HSR, Bellandur, Haralur, Marathahalli and Whitefield

Women made up 15.7 per cent of the Hurun Rich List, marginally up from last year's 15.5 per cent. Out of the list, 68 were self-made, up from last year's 56

Apple Inc. will open its first physical retail store in India in 2021, Chief Executive Tim Cook said; After a long wait, a special Air India flight carrying 119 Indians, who were stranded onboard a coronavirus-hit cruise ship, Diamond Princess, off Yokohama port in Japan finally landed in New Delhi on Thursday morning; Growing concerns inside the International Monetary Fund and the World Bank about the spread of the new coronavirus have prompted the institutions to consider scaling back their Spring Meetings in April or hold them by teleconference. Watch this and more news on News Blast.