Flipkart Group to launch of Wholesale, acquires Walmart India biz
Kiranas and MSMEs are central to India's retail ecosystem and Flipkart Wholesale will focus on meeting their needs by providing small businesses a wide selection at significant value, the company said in a statement.
Jul 24, 2020, 13:39 PM ISTCentre rules out FAQ on Equalisation Levy, says law very clear
Several tax experts have demanded that the tax department comes out with a Frequently Asked Question (FAQ) to clarify the doubts relating to the levy.
Jul 23, 2020, 18:03 PM ISTFlipkart Group raises $1.2 bn from Walmart-led investor group; valued at $24.9 bn
It will be funded in two tranches over the remainder of the fiscal year.
Jul 14, 2020, 18:15 PM ISTPenalty of upto Rs 1 lakh or jail term if e-commerce companies fail to declare country of origin on portal
The Centre has told e-commerce companies to declare country of origin on of products on their portals or be prepared to pay penalty of upto Rs 1 lakh or jail term or both.
Jul 10, 2020, 16:54 PM ISTE-commerce firms like Amazon, Flipkart, others asked to show country of origin on each product sold at their portal
DPIIT has set August 1 as the deadline to display the origin of products on the website of online retailers.
Jul 08, 2020, 17:10 PM ISTHackers break into 570 e-commerce stores in 55 countries including in India
The country hosting the largest selection of these victim e-commerce sites was the US, followed by the United Kingdom and the Netherlands.
Jul 08, 2020, 13:17 PM ISTE-commerce portals to have 'country of origin' option to curb online sale of Chinese products: Sources
Earlier on June 22, the government made it compulsory for all products on the Government e-Marketplace (GeM) portal to be labelled with the country of origin. All new and old products must declare their country of origin.
Jun 24, 2020, 16:37 PM ISTEU antitrust watchdog set to file charges against Amazon: Report
After launching a formal anti-trust probe against Amazon a year ago, the European Union's Competition Commission is now ready to bring charges against the e-commerce giant over its treatment of third-party sellers, The Wall Street Journal reported.
Jun 11, 2020, 09:44 AM ISTAmazon sellers can now register, manage online business in Hindi
This will include everything from registering as an Amazon seller for the first time to managing orders, inventory management and accessing performance metrics, all of it in the language of their preference, said an Amazon statement.
Jun 05, 2020, 13:54 PM ISTFlipkart partners government to empower artisans, self-help groups
The e-commerce company will collaborate with state missions under the DAY-NULM to establish the `Flipkart Samarth programme` in 22 states in India.
Dec 30, 2019, 20:42 PM ISTNike says bye to selling on Amazon
Big brands have quit Amazon's platform due to sales of counterfeit products and unauthorised sellers which undermines the value of the original brands.
Nov 13, 2019, 23:29 PM ISTTraders raise objections against festive e-commerce discounts, urge government to step in
The CAIT representatives said that as per 2016 FDI policy, e-commerce portals cannot influence sale or prices but they are blatantly violating the FDI policy by putting up these sales on their portals.
Sep 08, 2019, 17:19 PM ISTFlipkart to launch Hindi interface for next 20 crore online customers
With the Hindi capability, users will be able to see all the information and search for their desired products in Hindi -- a language whose internet user base is expected to outgrow English by the year 2021.
Sep 04, 2019, 15:30 PM ISTGovernment comes up with draft guidelines to protect online shoppers
Online shoppers can soon rest assured that if they have any complaints about products or service from an e-commerce site, it would be speedily looked into and resolved.
Aug 05, 2019, 23:37 PM IST54 tech unicorns expected in India by 2025
Of this 54 unicorns, 10 are expected to be in the e-commerce and business-to-business segment each, eight in payments and content/social each, five in mobility, education and logistics each, and three in food delivery.
Aug 02, 2019, 17:53 PM ISTGovt to come out with national e-commerce policy within 12 months
Several foreign e-commerce firms have raised concerns over some points in the draft pertaining to data.
Jun 25, 2019, 16:40 PM ISTAmazon opens Telangana's largest delivery centre in Hyderabad
The E-commerce company also has close to 90 Amazon-owned and Service Partner delivery stations in the State.
Jun 19, 2019, 15:58 PM ISTCompetition Commission begins market Study in e-Commerce, findings expected by August end
The focus areas of the study include the emerging trends in business models and distribution mechanisms, market structure and business practices including contractual provisions and vertical restraints.
Jun 18, 2019, 17:15 PM ISTe-commerce companies meet Piyush Goyal; express concerns related to RBI data storage requirements
The meeting was held by PiyushGoyal in order to understand their concerns and take their suggestions towards building a robust data protection framework that will achieve the dual purpose of privacy and innovation and strengthen India’s position as a global tech leader with focus on trust and innovation.
Jun 18, 2019, 12:08 PM ISTAmazon delivering over 10mn items in a day in US
In an earnings call in April, Brian Olsavsky, Chief Financial Officer (CFO) at Amazon, announced the company's plan of investing $800 million and building most of this one-day Prime delivery capacity throughout 2019.
Jun 04, 2019, 15:57 PM IST