Consumer Business Recap: Amazon Kindle Goes To INDIA, Chrysler’s 300 Sedan BEATS Rivals

Wednesday’s top stories:

Amazon.com, Inc. (NASDAQ:AMZN) has introduced the India Kindle Store on its website along with more than 1 million titles priced in rupees. Additionally, the Kindle can now be purchased at Croma retail stores across the nation.

Don’t Miss: Tiffany & Co Second Quarter Earnings Sneak Peek.

The Richard Schulze versus Best Buy Co. (NYSE:BBY) saga enters a new phase as the company founder has hired the proxy advisory firm D.F. King, which move enables him to be closer to hostile maneuvers without the bother of buying the firm outright. Schulze has a position close to 20 percent of outstanding shares, and might attempt to remove some of the firm’s directors, say sources.

The most recent collection of Consumer Reports ratings gives Chrysler (FIATY.PK) a win over rivals Ford Motor Company (NYSE:F) and General Motors (NYSE:GM) for its 300 sedan within its category. Chief Executive Sergio Marchionne had a particular focus on the model, and its sales have jumped by more than 50 percent so far in 2012.

Don’t Miss: FLA: Apple Was SUPER QUICK With Its Labor Fixes.

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.