PhonePe was recently authorised by Flipkart’s board to become a separate entity
Amazon's automated call-back facility and an online chat service were not sufficient to show that it had lived up to its legal obligation, the federation said.
Unlike traditional warehouses, the fulfilment centres are equipped with highly automated pick, pack and shipping processes to facilitate safe and timely processing of orders.
The submission came during hearing of a plea seeking contempt action against the e-pharmacies for continuing to sell drugs online despite a high court order staying such activity.
The amount is down from last year’s peak of Rs 200 crore
A few household names in this space are ANI Technologies (Ola), Oravel Stays (OYO Rooms) and One97 Communications (Paytm).
The court had in April this year ruled that the businesses and operation of the website and mobile application RailYatri were unauthorised.
The SoftBank-backed company has been working on the business model for the past few months and has already converted about 100 such 'kirana' outlets.
In this episode of Reporter's Take, Moneycontrol's Priyanka Sahay tells Sakshi Batra about the meet between Commerce and Industry Minister Piyush Goyal with e-commerce companies.
Goyal held a discussion with e-commerce companies to discuss ways to bring about a convergence of interests of e-commerce platforms and small retailers. Ministers of State (MoS) Hardeep Singh Puri and Som Parkash were also present.
Amazon Pay (India) has allotted 45 crore shares of Rs 10 each aggregating to Rs 450 crore to Amazon Corporate Holdings and Amazon.com.incs Ltd.
Retaliatory tariffs are no solution. India needs to continue globalising to meet strategic, economic and development goals.
The Competition Commission of India's move also comes at a time when there are concerns about alleged unfair business practices by online players and other entities.
Goyal held the meeting with representatives from the technology sector and e-commerce companies on June 17
Under the programme 'Amazon Flex', individuals can sign up, create their own schedule and earn Rs 120-140 per hour of delivering packages on behalf of Amazon.
Nascent companies like Bulbul and simsim target an audience beyond the metros to capture the space that still shows potential.
In future years, Morrisons at Amazon will be expanded to more British cities, the companies said.
E-commerce sector accounts for around 23% of overall warehousing space take up in 2018
Across the luxury goods industry as a whole, e-commerce accounts for around 10% of business today and should reach 25% of sales by 2025, consultancy Bain estimates.
The programme, under which orders are shipped in their original packaging without any secondary or additional packaging, will also be available in Bengaluru, Gurgaon, Noida, Chennai and Hyderabad.
Amazon Pantry has been aggressively expanding its presence to smaller cities in the country. The service was available in 40 cities in November last year.
The CCI document features 88 questions over 12 pages requesting recipients volunteer pricing strategies, product information and the identities of their biggest-selling vendors.
However, in its letter, CCI has categorically denied this development has anything to do with any proceedings pending with it.
In this edition of the Setting Sail podcast, Moneycontrol's Special Correspondent Priyanka Sahay talks to the Pepperfry CEO Ambareesh Murty.