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Business Economy

Amazon opens world's largest campus in Telangana

Hyderabad, Aug 21(UNI) Amazon , largest E-commerce platform, inaugurated it's own and world's largest campus building at financial district, outskirts of the city on Wednesday, an official statement said.
Spread over 9.5 acres and it would support more than 15,000 employees , the giant new campus reaffirms Amazon's long term commitment to India.
The campus was inaugurated by Telangana Minister for Home on behalf of Chief Minister K Chandrashekhar Rao in the presence of Amazon India Country Head and Senior Vice President Amit Agarwal and Amazon facilities and Global Real Estate Vice President John Schoettler, the statement further said.
This campus was the first Amazon's own building outside the US and the single largest building globally.
The campus built on three million square feet, this is Amazon's single largest building in the world in terms of total area.
The largest tech base outside Seattle and approximately 1.55 lakh contact employees working for Amazon.
Speaking on the occasion, Amit said that we have 50 fulfilment center's in 13 States in India as well as hundreds of delivery stations and sort center's , creating nearly two lakh jobs in India.
" I thank the Telangana government for its investment-friendly policies and continued support that has always encouraged us to continue to invest and grow our operations here", the statement added.
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18 Sep 2019 | 7:54 PM

Chandigarh, Sep 18 (UNI) Bajaj Allianz Life Insurance Company Limited, one of the leading private life insurance companies in the country, on Wednesday unveiled the first of its kind survey on country's Life Goals Preparedness Survey here which showcased the new age goals of Indian Millennials, as well as provided insights as to how young India is preparing to achieve its unconventional life goals.

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NALCO declares  record dividend payout of Rs 1072 73 crore for FY 2018-2019

NALCO declares record dividend payout of Rs 1072 73 crore for FY 2018-2019

18 Sep 2019 | 7:38 PM

Bhubaneswar, Sep 18 (UNI) The National Aluminium Company Limited (NALCO), the Navratna PSU under Ministry of Mines, has registered a record dividend payout of Rs 1072.

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Indian Bank board approves Allahabad Bank merger

18 Sep 2019 | 7:14 PM

Chennai, Sep 18 (UNI) The Board meeting of the public sector
on Wednesday gave its in principle approval for the merger of
Allahabad Bank with it.

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Balmer Lawrie and Company records net turnover of Rs 1,857crore

18 Sep 2019 | 6:56 PM

Kolkata, Sep 18 (UNI) Balmer Lawrie and Company Ltd.

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