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E-Commerce Policy Overhaul! New Rules Against Fake Products & Spam Calls

E-Commerce Policy Overhaul! New Rules Against Fake Products & Spam Calls

Wed, Aug 21, 2024

Change in e-commerce policy! Responsibility will be fixed for fake products. Strict action possible on unnecessary messages and calls. Know complete details in this video.

Impact of global turmoil on MSMEs?

Impact of global turmoil on MSMEs?

Wed, Aug 14, 2024

Impact of global turmoil on MSMEs? Business crisis due to instability in Bangladesh? What should be the strategy on skill-scale-speed? How should you prepare for smart manufacturing? Why is green growth important for MSMEs? Know the mantras of growth amidst challenges! Expert discussion on MSME sector. See 'SME Express'.

India, US extend digital tax on e-commerce supplies till June 30

India, US extend digital tax on e-commerce supplies till June 30

Fri, Jun 28, 2024

In a major reform of the international tax system, India and the US have joined 134 other members of the OECD/G20 Inclusive Framework (including Austria, France, Italy, Spain, and the UK) in reaching an agreement on October 8, 2021, on the statement on a two-pillar solution to address the tax challenges arising from the digitalisation of the economy.

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Amazon sale set to take on Flipkart's Big Billion Days; bets on small cities, big brands for festive success

Amazon sale set to take on Flipkart's Big Billion Days; bets on small cities, big brands for festive success

Thu, Sep 27, 2018

Competing head-on with rival Flipkart, Amazon India has announced that it will commence its festive sale from October 10-15, lining up new launches across various categories. Rival, Walmart-backed Flipkart will host its 'The Big Billion Days' (TBBD) festive sale from October 10-14. It too is expected to dish out massive discount offers.

Mandating e-commerce firms to store user data exclusively in India to impact their biz: Experts

Mandating e-commerce firms to store user data exclusively in India to impact their biz: Experts

Sun, Sep 23, 2018

Making it mandatory for e-commerce players operating in the country to store user data exclusively in India will impact their business, according to industry experts.

Who is Binny Bansal, the man who just sold Flipkart to Walmart; check in 5 slides

Who is Binny Bansal, the man who just sold Flipkart to Walmart; check in 5 slides

Thu, May 10, 2018

Binny Bansal, the poster boy of India's e-commerce revolution, has just sold his firm Flipkart, he is a co-founder alongside Sachin Bansal, to US retail giant Walmart in a deal valued at $16 bn. It has boosted Flipkart valuation to $21 bn (Rs 1,35,000 crore).

Awesome Flipkart-Walmart deal may get big slap in face in India

Awesome Flipkart-Walmart deal may get big slap in face in India

Thu, May 10, 2018

As per the proposed deal, Walmart is expected to acquire shares of the Singapore-registered Flipkart. In the normal case, capital gains will not arise. But India had introduced an amendment to nullify the Vodafone Judgment by taxing indirect transfers. On account of indirect transfer, this transaction could get taxed, because of the change in shareholding at the Singapore entity.

Ministry of Consumer Affairs may release new rules for e-commerce companies: Sources

Ministry of Consumer Affairs may release new rules for e-commerce companies: Sources

Fri, Mar 30, 2018

The new set of rules will also make it compulsory for the e-commerce companies to follow the instructions provided under Legal Metrology (Packaged Commodities) Rules. Amazon India, Flipkart, Snapdeal, Grofers and Bigbasket are some of the leading e-marketplaces entities operating in the country.

Mondelez strives for $1 billion online sales in India by 2020

Mondelez strives for $1 billion online sales in India by 2020

Tue, Jan 09, 2018

The maker of Cadbury and Oreo, Mondelez, said that its Indian business will be crucial to building its global ecommerce sales as it strives for $1 billion in online sales by 2020, reports ET.

India added over 1,000 new tech start-ups in 2017 to become third largest ecosystem

India added over 1,000 new tech start-ups in 2017 to become third largest ecosystem

Thu, Nov 02, 2017

Growing at 5-year CAGR of 30%, advanced tech start-ups focused on creating solutions in segments like Artificial Intelligence, Analytics, Augmented Reality or Virtual reality

Flipkart lifts bid for rival Snapdeal to up to $950 million

Flipkart lifts bid for rival Snapdeal to up to $950 million

Tue, Jul 18, 2017

Indian e-commerce player Flipkart has sweetened its buyout offer for smaller rival Snapdeal to between $900 million and $950 million, two people familiar with the negotiations said, adding that the new proposal is being evaluated by the company`s board.

Amazon's Great Indian Sale is live; We bring you the best deals

Amazon's Great Indian Sale is live; We bring you the best deals

Thu, May 11, 2017

Starting from electronic category - Amazon is offering between 10% - 31% discounts on televisions. LG 43 inches TV with full HD LED has been priced at Rs 31,990 from Rs 47,900 – a discount of 31%. While LG 32 inches HD Ready Smart LED is offered at discount of 36% priced at Rs 20,999.

SoftBank writes off Rs 6,400 crore from its Snapdeal investment

SoftBank writes off Rs 6,400 crore from its Snapdeal investment

Wed, May 10, 2017

SoftBank said that it has written off over $1 billion (Rs 6400 crore) on valuation of its investment in Snapdeal.

Amazon launches Amazon Pantry in Chennai

Amazon launches Amazon Pantry in Chennai

Mon, Mar 13, 2017

Amazon Pantry customers in Chennai can shop for over 4,000 everyday essentials from over 250 brands of groceries and household products

Snapdeal secures online biz further through ISO certification

Snapdeal secures online biz further through ISO certification

Mon, Feb 13, 2017

The ISO 27001 is the only auditable international standard which defines the requirements for an Information Security Management System to ensure that sufficient security controls are instituted within the certified organization, Snapdeal said in a statement here.

Amazon's fourth quarter income spirals four-fold to $487 million

Amazon's fourth quarter income spirals four-fold to $487 million

Fri, Feb 03, 2017

E-commerce major Amazon International reported a significant decline in its fourth quarter ending December 31 operating income at $487 million. The company had reported operating income loss of $108 in the same period last year.

Amazon to promote traditional Gujarat tribal handicrafts, food items

Amazon to promote traditional Gujarat tribal handicrafts, food items

Tue, Jan 17, 2017

Ecommerce major, Amazon India signed a memorandum of understanding (MoU) with the government of Gujarat to reach out to its tribal population last week at the biennial investors' summit - Vibrant Gujarat.

Great Indian Sale: Amazon launches support services for sellers in Kannada, Tamil, Telugu

Great Indian Sale: Amazon launches support services for sellers in Kannada, Tamil, Telugu

Mon, Jan 16, 2017

Ahead of its Great Indian Sale, e-commerce major, Amazon India on Monday announced the launch of support services for sellers in three regional languages - Kannada, Tamil and Telugu.

Snapdeal offers cashback, protection plans on Google Pixel

Snapdeal offers cashback, protection plans on Google Pixel

Mon, Jan 16, 2017

Online marketplace Snapdeal on Monday partnered with Google Pixel, the first Google smartphone, as their online retail partner, offering cashback and mobile protection plans.

OYO to expand Asia footprint; introduces concierge service

OYO to expand Asia footprint; introduces concierge service

Sun, Jan 15, 2017

Online budget network of hotels OYO is planning to expand its footprints in South Asia and South East Asia, besides strengthening its service by introducing a concierge service called OYO Captains.

Housing.com’s ex-CEO Jason Kothari to now join Snapdeal

Housing.com’s ex-CEO Jason Kothari to now join Snapdeal

Wed, Jan 11, 2017

Snapdeal on Wednesday announced the appointment of Housing.com’s ex-CEO Jason Kothari as its Chief Strategy & Investment Officer.

2017 will be a defining year for Flipkart: Sachin Bansal

2017 will be a defining year for Flipkart: Sachin Bansal

Wed, Jan 11, 2017

The year 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.

Will Amazon be able to sell enough ‘used goods’ after Quikr, OLX?

Will Amazon be able to sell enough ‘used goods’ after Quikr, OLX?

Fri, Jan 06, 2017

E-commerce giant Amazon with its recently launched ‘pick-pack-andpay’ initiative took on old competitors like Quikr and OLX who function on a model for users to buy and sell goods from each other.

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