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  • US lobby group views India's e-commerce plan as worrying, email shows Jun 24, 2021 02:53 PM IST

    US lobby group views India's e-commerce plan as worrying, email shows

    India's draft plan "includes several concerning policies, including significant limits on platforms' ability to organise sales and handle grievances," USIBC said in an email to its members.

  • India e-commerce rules cast cloud over Amazon, Walmart and local rivals Jun 23, 2021 09:07 AM IST

    India e-commerce rules cast cloud over Amazon, Walmart and local rivals

    India's Ministry of Consumer Affairs outlined plans on Monday which include limiting "flash sales" by online retailers, reining in a private label push, compelling them to appoint compliance officers and impose a "fall-back liability" if a seller is negligent.

  • Govt not to seek disclosure of flash sales from etailers; to act on consumer complaints Jun 22, 2021 09:28 PM IST

    Govt not to seek disclosure of flash sales from etailers; to act on consumer complaints

    Discount sales that benefit maximum to consumers will continue, but not fraudulent flash sales on the e-commerce platforms, the government said, adding that the etailers need not be "anxious" about the draft rules.

  • What's wrong in giving discounts on rental to sellers: Flipkart to Karnataka HC Jun 22, 2021 08:03 PM IST

    What's wrong in giving discounts on rental to sellers: Flipkart to Karnataka HC

    Flipkart’s counsel says that the argument that the e-commerce major can give sellers discounts on rentals is being misconstrued as an admission of violating FDI norms.

  • Govt proposes ban on mis-selling, fraudulent flash sales on e-commerce platforms; seeks public comments Jun 21, 2021 10:14 PM IST

    Govt proposes ban on mis-selling, fraudulent flash sales on e-commerce platforms; seeks public comments

    The Consumer Protection (E-Commerce) Rules, 2020 were first notified in July last year. Their violations attract penal action under the Consumer Protection Act, 2019.

  • Small, Beautiful & Strong | Business Not As Usual Jun 21, 2021 05:00 PM IST

    Small, Beautiful & Strong | Business Not As Usual

    In the pilot episode of Small, Beautiful & Strong, we examine the path for small businesses to the “new normal” powered by the engines of technology and digitisation

  • Amazon, Flipkart face risk of being legally exposed in India Jun 17, 2021 05:51 PM IST

    Amazon, Flipkart face risk of being legally exposed in India

    Flipkart and Amazon India need to undergo complex structuring and restructuring to align themselves with the e-commerce policies in India. Against this backdrop, the CCI investigation could even screen such restructuring measures 

  • Flipkart opens 2.2 lakh sq ft warehouse in West Bengal, to create about 3,500 direct jobs Jun 16, 2021 05:13 PM IST

    Flipkart opens 2.2 lakh sq ft warehouse in West Bengal, to create about 3,500 direct jobs

    The facility will also help thousands of sellers offer a wider selection and enable faster deliveries of customer orders within the region and neighbouring states while also helping create national market access, according to a statement.

  • Karnataka High Court verdict likely today; here's all you need to know about CCI vs  Amazon-Flipkart case Jun 11, 2021 11:42 AM IST

    Karnataka High Court verdict likely today; here's all you need to know about CCI vs Amazon-Flipkart case

    The Karnataka High Court will decide if the Competition Commission of India (CCI) can go ahead with a probe against Amazon and Flipkart for alleged anti-competitive practices, a judgment that can have a bearing on India’s e-commerce space.

  • Setting Sail | Mensa is locally innovated, it's not a Thrasio of India: Ananth Narayanan Jun 02, 2021 01:00 PM IST

    Setting Sail | Mensa is locally innovated, it's not a Thrasio of India: Ananth Narayanan

    In this episode of Setting Sail, Narayanan talks to Priyanka Sahay and M Sriram about his two decade old career spanning across the four Ms -- McKinsey, Myntra, Medlife and Mensa. Tune in to know more.

  • Logistics firms hire tens of thousands as e-commerce booms in second wave May 31, 2021 12:10 PM IST

    Logistics firms hire tens of thousands as e-commerce booms in second wave

    Demand for third-party logistics has jumped as the pandemic has catalysed online sales and expanded e-commerce to smaller towns.

  • Emami, Shoppers Stop launch exclusive brands on D2C channel May 26, 2021 03:12 PM IST

    Emami, Shoppers Stop launch exclusive brands on D2C channel

    Shoppers Stop has over 100 exclusive brands on its direct-to-consumer platform. Emami plans to introduce more brands and products, which will not be available offline and in other e-commerce marketplaces.

  • Emami: Will earnings growth pick up? May 26, 2021 09:23 AM IST

    Emami: Will earnings growth pick up?

    Summer portfolio of Emami likely to be impacted by the second wave of COVID-19

  • Jack Ma to step down as president of his business school: FT May 24, 2021 01:48 PM IST

    Jack Ma to step down as president of his business school: FT

    Sources told FT that Hupan University — an elite academy for Chinese business executives established in Ma's hometown of Hangzhou in 2015 — has changed its name and will restructure its curriculum.

  • Paul Romer: Once tech’s favorite economist, now a thorn in its side May 22, 2021 08:58 AM IST

    Paul Romer: Once tech’s favorite economist, now a thorn in its side

    The Nobel Laureate has become a fierce critic of the tech industry’s largest companies, saying that they stifle the flow of new ideas. He has also championed new US state taxes on the digital ads sold by companies like Facebook and Google.

  • US defended Amazon after article showed company bypassed Indian law May 21, 2021 06:40 PM IST

    US defended Amazon after article showed company bypassed Indian law

    India's strict foreign investment rules for e-commerce have caused friction between Washington and New Delhi, and frustrated US firms with online businesses in India, such as Amazon and Walmart Inc.

  • Flipkart restructured business model to exercise control over inventory, retail prices, alleges CAIT May 20, 2021 11:02 PM IST

    Flipkart restructured business model to exercise control over inventory, retail prices, alleges CAIT

    "Flipkart has created a system of surrogate business partners with the sole aim of bypassing the FDI policy and destroying the very traders the policy aims to protect," the traders' body alleged.

  • Amazon helps sellers procure oxygen concentrators for customers in India May 16, 2021 05:27 PM IST

    Amazon helps sellers procure oxygen concentrators for customers in India

    "To address the growing customer demand and shortage of critical medical equipment, Amazon India is working with sellers on its marketplace to help them bring in about 9,000 oxygen concentrators for customers in India," it said.

  • IPO-bound Flipkart to get new head of strategy; Bain & Co’s Dinkar Ayilavarapu to come on board May 16, 2021 03:39 PM IST

    IPO-bound Flipkart to get new head of strategy; Bain & Co’s Dinkar Ayilavarapu to come on board

    Ayilavarapu, an IIM Calcutta alumnus, is a member of Bain & Company’s Results Delivery and Technology, Media and Telecommunications (TMT) practices in the Asia-Pacific region.

  • Alibaba issues upbeat annual forecast on strong e-commerce trend May 13, 2021 06:08 PM IST

    Alibaba issues upbeat annual forecast on strong e-commerce trend

    Alibaba forecast annual revenue to be 930 billion yuan ($144.12 billion) for the fiscal year ended March 2022, above analysts' average estimate of 928.25 billion yuan.

  • FMCG industry grew over 9% in March quarter: Nielsen May 12, 2021 03:21 PM IST

    FMCG industry grew over 9% in March quarter: Nielsen

    The growth in the current quarter was led by consumption across the segments foods as well as non-food.

  • Softbank to invest up to $2.3 billion in UK e-commerce group THG May 11, 2021 11:15 AM IST

    Softbank to invest up to $2.3 billion in UK e-commerce group THG

    The equity raising will give Softbank a stake of just under 10 percent in THG, formerly known as The Hut Group, which floated in London last year.

  • Amazon delays Prime Day in India amid COVID-19 second wave May 08, 2021 10:52 AM IST

    Amazon delays Prime Day in India amid COVID-19 second wave

    Amazon Prime Day discount sale in June will go ahead in other countries including the United States, the United Kingdom, Germany, France, Spain and China.

  • Amazon Seller Services gets fresh fund infusion of Rs 915 crore May 07, 2021 08:48 PM IST

    Amazon Seller Services gets fresh fund infusion of Rs 915 crore

    The fresh infusion is expected to provide more arsenal to Amazon in India to compete more aggressively against rivals like Walmart-owned Flipkart and Mukesh Ambani's JioMart.

  • TRIPS pact waiver for tackling COVID-19 to help save lives, recover trade: India to WTO May 05, 2021 10:34 PM IST

    TRIPS pact waiver for tackling COVID-19 to help save lives, recover trade: India to WTO

    The proposal for temporary waiver from certain provisions of TRIPS agreement is first on priority list, he has said during the formal TNC (trade negotiations committee) and informal HODs (head of delegations) meetings on May 3.

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