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Feb 27, 2021 07:00 PM IST Launched on 7 July 2020, Khadi e-portal has delivered orders to over 10,000 customers out of the 65,000 people who visited the e-portal till date. KVIC has also delivered more than 1 lakh articles/commodities to these customers.
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Feb 19, 2021 10:58 AM IST CAIT Secretary-General Praveen Khandelwal demanded an "immediate ban on Amazon's portal and its operations in India" and an investigation against the company in a time-bound manner.
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Feb 12, 2021 09:20 AM IST Pepperfry saw “strong growth” through the COVID-19 pandemic and is on track to profitability.
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Feb 11, 2021 12:27 PM IST The biggest winner in terms of sales was BigBasket, which accounted for 50 percent of the sales growth followed by DMart, Grofers, Spencer’s Retail and StarQuick (Tata)
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Feb 10, 2021 01:22 PM IST The report, which assesses the e-commerce growth in Q4 2020 with the sector-wise analysis, said brand websites reported a 94 percent volume growth in fourth quarter of 2020 as compared to same period last year.
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Feb 09, 2021 06:19 PM IST "We are also considering certain clarifications to ensure that the e-commerce sector works in the true spirit of the law, " Piyush Goyal told a news conference.
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Feb 05, 2021 03:11 PM IST The other issues which need to be looked upon while formulating the policy are about the problem of counterfeit products, packaging and rules of origin, the official of the Department for Promotion of Industry and Internal Trade (DPIIT) said.
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Feb 01, 2021 01:21 PM IST Logistics, which include warehousing, was granted infrastructure status in 2017 helped the sector grow by attracting funding.
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Jan 28, 2021 07:50 AM IST Amit Agarwal, global senior vice president and country head Amazon India, said e-commerce is at nascent stages in India given that it is hardly even 3 per cent of the country''s total retail consumption.
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Jan 25, 2021 07:09 PM IST Confederation of All India Traders (CAIT) Secretary General Praveen Khandelwal said that Rule 10 of Legal Metrology (Packaged Commodities) Rules, 2011, provides that e-commerce entities have to display details of the manufacturer, 'country of origin' and common/generic name of the product, MRP, and dimensions of the commodity, among others.
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Jan 22, 2021 10:16 AM IST The inter-ministerial group discussing the policy consisted of the Agriculture Ministry, Corporate Affairs Ministry, Electronics and IT Ministry and the Finance Ministry.
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Jan 21, 2021 04:26 PM IST DPIIT issued Press Note 2 in February 2019, which forbids foreign companies from holding inventory or equity directly or through group companies in seller entities.
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Jan 20, 2021 08:07 PM IST The Committee for Review in its submission noted the motor insurance business sourced by MISPs through brokers and insurers put together constitutes around 25% of the total motor insurance business or around 11.25% of the overall general insurance business.
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Jan 17, 2021 12:50 PM IST The e-commerce workers and delivery people who kept China fed during the coronavirus pandemic, making their billionaire bosses even richer, are so unhappy with their pay and treatment that one just set himself on fire in protest.
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Jan 15, 2021 02:43 AM IST "We also looking at acquiring more local space in towns and cities and ramped up our partnership with local store partners," CEO and co-founder Albinder Dhindsa said.
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Jan 12, 2021 02:17 PM IST The Walmart-owned company had launched 'Flipkart Leap' in August last year to help new startups grow, scale, navigate challenges, and contribute to India's growing entrepreneurial ecosystem.
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Jan 12, 2021 01:00 PM IST Reliance Retail will, however, continue sale of perishable goods from its stores for products such as fruits and vegetables or products with low shelf life.
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Jan 07, 2021 10:44 AM IST India, on its part to defend the equalisation tax aka Google Tax, said that its aim was to ensure a level playing field between local and foreign e-commerce companies, that the tax does not discriminate against any US company, and that it has no retrospective element.
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Jan 06, 2021 02:41 PM IST This comes as Udaan managed to make a strong recovery from the impact of the COVID-19 pandemic which had affected almost 60 percent of its business during the lockdown.
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Jan 02, 2021 03:37 PM IST Details have been specifically sought on two points — the basis of preferential treatment for certain large sellers and the effect of Amazon’s private labels being sold on its platform
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Dec 30, 2020 10:32 PM IST Unlike in 1999, or even 2009, today the question of whether or not to interact with Amazon has already been answered for many people. The choice is no longer whether to enter the Everything Store. It’s about trying to locate the exit.
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Dec 29, 2020 04:42 PM IST Data analysis from regulatory filings by various Amazon entities showed that Amazon Seller Services, Amazon Wholesale (India), Amazon Pay (India) and Amazon Transportation Services saw their losses adding up to Rs 7,899 crore in FY20 as against a loss of Rs 7,014.5 crore in the preceding fiscal.
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Dec 24, 2020 10:29 PM IST Amazon Wholesale India attributed the drop to the change in the government regulation resulting in lower customer adoption. The government had introduced Press Note 2 with an aim to bring a level playing field between online and offline retailers in December 2018. It got implemented in February 2019.
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Dec 24, 2020 04:45 PM IST Customers can choose from offers on products related to fitness equipment and accessories, smartwatches, workout apparel, and health supplements.
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Dec 22, 2020 04:06 PM IST Under the new joint venture, a 2.2 million sq ft build-to-core asset near Mumbai and Thane will be seeded, after relevant regulatory approvals.