The trend of overcharging for essential items seems to have taken off the internet lately. We recently saw Gucci and Adidas selling an umbrella for Rs 1.2 lakhs and it wasn’t even waterproof. Amazon also has jumped onto the same boat with a Pink plastic bucket.
As per the latest updates, Amazon was seen selling a plastic bucket for Rs 25,999. It was initially priced at Rs 35,900 but it was reduced after a 28 percent discount. Given the high price, Amazon also offered EMI options, starting at Rs 1224.
Amongst the other details, it is noted that the item is unavailable. Seems like someone actually paid a fortune for the Pink Bucket. A Twitterati shared the screenshot of the item on Twitter.
Meanwhile, in another update, Amazon faces 14 investor goals testing its strategies at its yearly investor meeting on Wednesday, a record for the retail and distributed computing goliath, as socially-minded investors examine its treatment of laborers.
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The expansion in the quantity of goals highlights the ascent of ecological, social and corporate administration (ESG)- based financial planning, which is prodding more investors to push for corporate responsibility.
It likewise reflects changes under protections controllers delegated by U.S. President Joe Biden that have made it simpler for investors to record proposition and more hard for organizations to persuade controllers that these goals shouldn’t go to an investor vote.
About ten of the investor goals that Amazon investors will decide on relate to specialist privileges and other “social” issues, for example, requires the organization to give an account of laborer wellbeing and security or the treatment of its distribution center specialists. The others call for things like a survey of Amazon’s utilization of plastic or changes to the organization’s interaction for board designations.
Amazon has suggested that its investors vote against every one of the 14 goals, saying in its intermediary proclamation that it frequently has previously acted to address the hidden worries of a proposition. While the goals are non binding, organizations frequently make some type of move on the off chance that they get backing of 30% to 40% of votes cast.
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