E Tailers

Preferred sellers are given priority on online marketplaces: CCI tells Karnataka HC

The arguments by the competition watchdog come at a crucial time for the booming e-commerce industry, as the government is expected to unveil a draft policy in days.

CAIT asks FM to probe biz model of e-tailers, says deep discounts causing GST loss

In a letter to Union Finance Minister Nirmala Sitharaman, the Confederation of All India Traders ( CAIT) has claimed that e-commerce companies Amazon and Flipkart and others were selling goods much below their market value thus denying the Government of its due legitimate GST revenue.

FDI in e-comm: Govt takes bold step ahead of Lok Sabha polls, says no extension of Feb 1 deadline

Smaller e-commerce companies welcomed the move

E-tailers should be asked to furnish certificates about FDI policy compliance, CAIT writes to Suresh Prabhu

In a letter to Commerce and Industry Minister Suresh Prabhu, the Confederation of All India Traders (CAIT) also said that "those who are unable to obtain the said certificate should not be allowed to raise funds and the operations of their portal should be suspended".

E-tailers not making much progress in India: Adi Godrej

"They (e-tailers in India) are not making much progress, even modern retail in India is not making much progress," the Chairman of the Godrej Group told PTI, while talking about the scene in this space.

2017 will be a defining year for Flipkart: Sachin Bansal

2017 will be a defining year for Flipkart as the company is looking to take "decisive lead" in the Indian market, its co-founder Sachin Bansal has said.

Amazon Pantry service expands to six more cities across India

The service offers essentials ranging across staples including regional brands specific for the relevant cities, providing some selection to customers which is specific to a pantry.

Flipkart's Bansals cautiously optimistic on demonetisation

Demonetisation may bring about long term benefits for Indian e-tailers but as things stand there is a clear immediate impact on business. That‘s the word coming in from Flipkart co-founders Sachin and Binny Bansal.

E-comm policy may not stop discounting by e-tailers: Ind-Ra

According to the ratings agency, further clarity is essential for the successful regulation of the sector, implementation of the policy and achieving the desired objective to bring about a level playing field between offline and online retailers.

New FDI norms to end aggressive discounts by e-tailers: Goldman

According to Goldman Sachs, the restrictions on discounting may force companies differentiate themselves through services and focus on profits instead of gross sales

As smartphone sales surge, Indian app-makers lure venture cap

San Francisco-based incubator and venture capital firm 500 Startups on Tuesday launched a USD 25 million fund called '500 Kulfi' to invest in Indian mobile app-makers.

Foreign e-tailers to rake in Rs54,700cr from local shoppers

"Indians will spend an estimated Rs 54,700 crore by shopping online from other countries in 2015," according to the report commissioned by international payments major PayPal.

Uber partners army welfare body to enrol ex-servicemen

This will create driver partner opportunities for over one lakh ex-servicemen and women on the Uber platform through AWPO referrals.

Mall footfalls may fall more than 50% this Diwali: Survey

Both retailers and consultants seem convinced that the mall magic seems to have disappeared in a puff of smoke on the back of the economic slowdown, poor revenue model, low footfalls-to-sales conversion and lack of special purpose malls, the survey added.

AskmeBazaar.com Announces a `War on Delays` in Deliveries and Refunds

Launches a pan India initiative to end the ‘Pay and Wait’ ...

Consumers are winners in Amazon vs Flipkart discount war

Flipkart, as part of its 'Big Billion Days' offer, said it sold 10 lakh products within 10 hours of the first day of the sale. On Day 3, it claimed it had sold half a million mobile phones in 10 hours.

E-commerce giants battle it out with mega deals, discounts

CNBC-TV18‘s Priya Sheth gives a lowdown on how the e-commerce companies have fared so far in the ongoing sales.

E-tailers gear up for festive season

With festive season round the corner, e-tailers gear up with a slew of exciting sales. Mangalam Maloo gives us a low down on how this festival frenzy fares for logistics delivery companies, and what opportunity they have from the Diwali deliveries.

Connect India in talks with Flipkart, other e-commerce cos

"Connect India's robust platform will have the capacity to create hyperlocal distribution centers of 1x1 Sq Km and will connect rural India with urban India. This is where Connect India will be a game changer in the logistics sector."

Bata creates separate portfolio for online sales

Online sales would be five percent of the company's total revenue in next few years, Gopalkrishnan said. Bata sells on its own portal and also through major e-tailers.

Mobile commerce sales may touch 8 bn mark by 2018: Assocham

"E-tailers like Flipkart, Amazon and Jabong now get 50 percent of their revenues from consumers shopping on their mobile phones. Predictive analytics is helping the e-tailers provide better solutions real-time, enabling compelling user experience even on mobile screens," Assocham Secretary General DS Rawat said.