GoI’s new rules on ecommerce marketplace make it all but impossible for big players like Amazon India and Walmart-owned Flipkart…
Retail
Sensex, Nifty surge 1% on positive global cues
Mumbai: Indian markets on Thursday jumped nearly 1% following a rally in global stocks on a report that US-China trade…
Revised policy on e-comm FDI may give a jolt to Amazon JVs
BENGALURU: Government’s revised policy on FDI in e-commerce may give a shock to Amazon. It could throw a spanner in…
Online-exclusive brands seek clarity on new e-commerce FDI policy
KOLKATA: The new e-commerce FDI policy has raised doubts on the future of online exclusive electronic and smartphone brands to…
Myntra’s vector registers 90% fall in FY18 revenue
BENGALURU: Vector E-Commerce, Myntra’s largest vendor until a few years ago, saw revenue fall by over 90% to Rs 81…
Online retailers, celebrities can’t fool you now: 9 things about the new Consumer Protection Bill
A three-decade-old law is being changed to give more powers to the consumer. The Lok Sabha has passed the Consumer Protection Bill 2018 which…
Etailers will soon be liable for fraud and defective products
BENGALURU: Online retailers and marketplaces will soon be liable for fraudulent sales and defective products sold on their platforms as…
Non-fashion private labels are 13% of Flipkart’s GMV
BENGALURU: Ecommerce giant Flipkart said the contribution of its private labels across 160 non-fashion categories doubled to account for 13%…
Ikea to invest Rs 5,000 crore for store in Noida
Ikea is planning to invest Rs 5,000 crore in Uttar Pradesh, where the Swedish home furnishings major is planning to…
Future Enterprises acquires digital firm Livquik for Rs 20 crore
New Delhi: Kishore Biyani owned Future Enterprises Thursday said it has acquired over 7.11 crore partially paid shares in fintech…