E Commerce
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Flipkart ranked second in top global book sellers
Jun 30, 2015, 09:18 PM ISTMumbai: E-commerce major Flipkart has been ranked second among top book sellers of the world, according to a survey. Flipkart is the only Indian brand to be ranked among the top five, says the survey report
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Amazon Web Services to open infra region in India
Jun 30, 2015, 02:49 PM ISTNew Delhi: Amazon Web Services, Inc. (AWS), an Amazon.com company on Tuesday said it will open an AWS infrastructure region in India for its cloud computing platform in 2016."Thousands of customers in India are using
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Flipkart's 'fake discount' on shoe goes viral on social media
Jun 08, 2015, 07:50 AM ISTNew Delhi: Flipkart, one of India's largest e-commerce companies, is facing the ire of netizens after a picture showing a ‘fake' discount' for a pair of wedges on the site went viral on social media.The
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Now, resale price arrangements come under CCI lens
May 10, 2015, 05:10 PM ISTNEW DELHI: Bringing the retail sector under its scanner, the Competition Commission is now analysing whether price discount arrangements between manufacturers and distributors are anti-competitive in nature.The move assumes significance against the backdrop of the
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RSS-affiliated outfit holds protest against land bill
National | May 06, 2015, 08:15 AM ISTNew Delhi: In a move that could embarrass the Bharatiya Janata Party-led central government, the Swadeshi Jagaran Manch, a Rashtriya Swayamsevak Sangh affiliate, on Tuesday staged a protest at Jantar Mantar here against the “anti-farmer”
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Competition Commission of India Says E-Commerce Companies Not Abusing Dominant Position
May 05, 2015, 05:45 PM ISTThe Competition Commission has rejected allegations of unfair business practices against five online retail majors - Flipkart, Snapdeal, Amazon, Jabong and Myntra - as it did not find any prima facie evidence of violations.The complaints
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Alibaba eyeing acquisition of Indian e-commerce firms
Apr 05, 2015, 03:54 PM ISTNew Delhi: Chinese e-commerce giant Alibaba is looking at acquisition of Indian e-tailers that have a large customer base as well as a robust network of merchants.It is also looking at firms that can help
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Mobile commerce may overtake e-commerce soon
Mar 29, 2015, 01:40 PM ISTNew Delhi: Mobile commerce is likely to overtake e-commerce in the next few years, spurred by the continued uptrend in online shopping and increasing use of mobile apps, says an industry report.“It is estimated that
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Startups and ecommerce firms pin high hopes on Budget 2015
Feb 26, 2015, 05:50 PM ISTNew Delhi: Prime Minister Narendra Modi's Digital India initiative has got many startups and e-commerce companies excited. They are now looking forward to the forthcoming union budget with great expectations.If current projections are anything to
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Online retailers go 'offline' to woo customers
Feb 22, 2015, 02:44 PM ISTNew Delhi: Even as retail chains scurry to open online stores to cash in on the e-commerce boom in the country, firms like MakeMyTrip, CarTrade, FirstCry and Lenskart are planning to build their offline presence
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Commerce Ministry, DIPP against bringing e-commerce under multiple departments
Feb 12, 2015, 05:09 PM ISTNew Delhi: The Commerce and Industry Ministry has turned down a proposal of the Consumer Affairs Ministry to bring the e-commerce sector under the purview of nine different departments, saying it would create problems for
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Shoppers Stop, Lifestyle & Spencer's eyeing bigger online presence
Feb 05, 2015, 11:55 AM ISTNew Delhi: The giants of retail chain such as Shoppers Stop, Lifestyle International and Spencer's Retail now aim to tie-up with the e-commerce websites like Flipkart, Amazon, Snapdeal and Jabong to sell their products to
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Gujarat Handloom Corp to launch e-commerce portal; inks MoU with eBay
Feb 04, 2015, 01:07 PM ISTHyderabad: Gujarat State Handloom and Handicraft Development Corporation (GSHHDC) will soon launch its own e-commerce portal under ‘Garvi-Gurjari' brand to reach out to a bigger customer base and boost sales in overseas markets.GSHHDC, a Gujarat
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Flipkart planning $5 billion US IPO: Reports
Jan 29, 2015, 05:32 PM ISTMumbai: E-commerce giant Flipkart is looking to raise around $5 billion through an initial public offering (IPO) on the US bourses in the next 18 months, a report in the Economic Times stated.To carry out
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Acche Din: Top performers to earn almost double the average increment
Jan 29, 2015, 09:10 AM ISTNew Delhi: The salaries of the top performers working in various sectors like that of FMCG, transport, retail, technology etc are set to earn a double salary hike with an increment expected to be in
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Shop online to help underprivileged with 'chai'
Lifestyle | Jan 14, 2015, 07:06 PM ISTNew Delhi: Winter is the time of the year when usually craving for tea and hot snacks goes up. But some people can't afford to soak in such joys. A website has now launched a
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Flipkart aims to create 10,000 'millionaires' in 2015
Jan 14, 2015, 01:30 PM ISTNew Delhi: E-commerce major Flipkart has said it aims to help over 10,000 sellers generate business worth Rs 10 lakh through its platform this year."In 2014, Flipkart helped over 2,000 sellers become millionaires through Flipkart
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Flipkart files application to become public, raises USD 700 mn
Dec 20, 2014, 02:48 PM ISTBengaluru: E-commerce major Flipkart today announced filing application with Singapore based companies' regulator ACRA to become a public company after raising USD 700 million for long term strategic investments in India following which its number
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Delhi in top spot as e-commerce hub: Survey
Lifestyle | Dec 20, 2014, 07:32 AM ISTNew Delhi: Delhi rated as the number one e-commerce hub with the maximum amount of mobile phones and accessories sold, says a report released by online company ebay India.eBay India released the eBay India Census
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Asia to become world's largest e-commerce market: Report
Dec 17, 2014, 02:53 PM ISTBeijing: Asia is set to surpass North America to become the world's largest e-commerce market this year, according to the Economist Intelligence Unit (EIU).According to a report in Beijing by the EIU on Tuesday, an