E Retail
- All
- News
- Videos
- Web Stories
-
ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
-
Reserve Bank of India Calls on More Lenders to Take Part in Pilot for Retail Digital Rupee: Report
The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes using the central bank digital currency (CBDC) as it tries to increase transactions, three bankers told Reuters on Wednesday. Currently, large state-owned and private lenders, including State Bank of India, Bank of Baroda, ICICI Bank, HDFC Bank, Ko...
-
Government Against E-Retailers' Predatory Pricing, Restriction of Choice: Union Minister Piyush Goyal
The government is against predatory pricing and methods used by e-retailers to cheat customers and restrict their choice, Commerce and Industry Minister Piyush Goyal said on Tuesday. Goyal said the government is not concerned about flash sales on online platforms
-
E-Rupee Worth Over Rs. 130 Crore in Circulation, Says FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman said on Monday that Digital or e-rupee worth over Rs 130 crore was in circulation on a pilot basis as of February 28. "As on February 28, 2023, the total digital rupee - Retail (e₹-R) and digital rupee - wholesale (e₹-W) in circulation is Rs 4.14 crore and Rs 126.27 crore, respectively," Sitharaman said in a ...
-
Amazon to Stop Supplying Kindle E-Readers to China, to Shut Kindle E-Bookstore Next Year
Amazon to stop supplying retailers in China with its Kindle e-readers starting Thursday, while the company will shut its Kindle e-bookstore in the country next year. The step has added as the latest pullback by a US tech firm from the restrictive Chinese market.
-
Ather Energy Raises $128 Million In Latest Round Of Investment From NIIFL & Hero MotoCorp
The latest investment round was led by National Investment and Infrastructure Fund Limited's Strategic Opportunities Fund, Hero MotoCorp, one of the early investors in the electric two-wheeler maker, along with other investors.
-
2021 Toyota Yaris (Vios) Facelift Launched In Philippines
The Japanese car manufacturer Toyota officially launched the facelifted version of the Yaris sedan in the Philippines. The carmaker retails the car with Vios nameplate in several Southeast Asian markets. It will be launched in other markets such as Malaysia, Singapore and Taiwan in the coming months. The 2021 Toyota Yaris facelift boasts several mi...
-
Amazon, SoftBank Held Talks to Acquire Russian E-Retailer Ozon, Shareholder Says
Global retail giant Amazon and Japanese SoftBank have made approaches to Russian conglomerate Sistema about a possible acquisition of its online retailer Ozon, Sistema's majority owner Vladimir Evtushenkov said on Saturday.
-
eBay's New CEO Jamie Iannone to Come From Walmart
Struggling online retail giant eBay named a new top executive on Monday, bringing in the former head of e-commerce at Walmart, Jamie Iannone.
-
Walmart To Stop Sale Of E-Cigarettes In US Amid Crackdown On Vaping
Walmart Inc told its staff on Friday the retailer was discontinuing the sale of e-cigarettes and electronic nicotine delivery products at its US stores. In an internal memo seen by Reuters, Walmart said growing federal, state and local regulatory complexity and uncertainty were behind its decision.
-
Samsung Galaxy Watch Active, Galaxy Fit, Galaxy Fit E Wearables Unveiled: All You Need to Know
Samsung has launched the new Galaxy Watch Active, Galaxy Fit, and Galaxy Fit e wearable devices. All three devices are lightweight and sport minimal designs.
-
Mercedes-Benz E-Class All-Terrain Launch Details Revealed
Mercedes-Benz will be introducing the E-Class All-Terrain in India on September 28, 2018. The Mercedes-Benz E-Class All-Terrain made its global debut last year as the rugged version based on the E-Class station wagon and was showcased at the Auto Expo in February this year. The E-Class All-Terrain stands unique as the company's first station wagon ...
-
Online Retail Is Threatened by Offline, Not the Other Way Around: Biyani
When asked about his views on online retail taking over physical retail, Biyani said both are converging and ten years from now everything will converge completely.
-
Rising Shopping Apps Boosting M-Commerce in India: Survey
Fashion (88 percent), electronics (78 percent), and health and beauty (54 percent) are leading categories in India.
-
Amazon Rivals Turn to Legal Fine Print to Stem Whole Foods Strategy
Across the US, large retailers have legal rights in many lease agreements that allow them to limit what Amazon can do with nearby Whole Foods stores.
-
ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
-
Reserve Bank of India Calls on More Lenders to Take Part in Pilot for Retail Digital Rupee: Report
The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes using the central bank digital currency (CBDC) as it tries to increase transactions, three bankers told Reuters on Wednesday. Currently, large state-owned and private lenders, including State Bank of India, Bank of Baroda, ICICI Bank, HDFC Bank, Ko...
-
Government Against E-Retailers' Predatory Pricing, Restriction of Choice: Union Minister Piyush Goyal
The government is against predatory pricing and methods used by e-retailers to cheat customers and restrict their choice, Commerce and Industry Minister Piyush Goyal said on Tuesday. Goyal said the government is not concerned about flash sales on online platforms
-
E-Rupee Worth Over Rs. 130 Crore in Circulation, Says FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman said on Monday that Digital or e-rupee worth over Rs 130 crore was in circulation on a pilot basis as of February 28. "As on February 28, 2023, the total digital rupee - Retail (e₹-R) and digital rupee - wholesale (e₹-W) in circulation is Rs 4.14 crore and Rs 126.27 crore, respectively," Sitharaman said in a ...
-
Amazon to Stop Supplying Kindle E-Readers to China, to Shut Kindle E-Bookstore Next Year
Amazon to stop supplying retailers in China with its Kindle e-readers starting Thursday, while the company will shut its Kindle e-bookstore in the country next year. The step has added as the latest pullback by a US tech firm from the restrictive Chinese market.
-
Ather Energy Raises $128 Million In Latest Round Of Investment From NIIFL & Hero MotoCorp
The latest investment round was led by National Investment and Infrastructure Fund Limited's Strategic Opportunities Fund, Hero MotoCorp, one of the early investors in the electric two-wheeler maker, along with other investors.
-
2021 Toyota Yaris (Vios) Facelift Launched In Philippines
The Japanese car manufacturer Toyota officially launched the facelifted version of the Yaris sedan in the Philippines. The carmaker retails the car with Vios nameplate in several Southeast Asian markets. It will be launched in other markets such as Malaysia, Singapore and Taiwan in the coming months. The 2021 Toyota Yaris facelift boasts several mi...
-
Amazon, SoftBank Held Talks to Acquire Russian E-Retailer Ozon, Shareholder Says
Global retail giant Amazon and Japanese SoftBank have made approaches to Russian conglomerate Sistema about a possible acquisition of its online retailer Ozon, Sistema's majority owner Vladimir Evtushenkov said on Saturday.
-
eBay's New CEO Jamie Iannone to Come From Walmart
Struggling online retail giant eBay named a new top executive on Monday, bringing in the former head of e-commerce at Walmart, Jamie Iannone.
-
Walmart To Stop Sale Of E-Cigarettes In US Amid Crackdown On Vaping
Walmart Inc told its staff on Friday the retailer was discontinuing the sale of e-cigarettes and electronic nicotine delivery products at its US stores. In an internal memo seen by Reuters, Walmart said growing federal, state and local regulatory complexity and uncertainty were behind its decision.
-
Samsung Galaxy Watch Active, Galaxy Fit, Galaxy Fit E Wearables Unveiled: All You Need to Know
Samsung has launched the new Galaxy Watch Active, Galaxy Fit, and Galaxy Fit e wearable devices. All three devices are lightweight and sport minimal designs.
-
Mercedes-Benz E-Class All-Terrain Launch Details Revealed
Mercedes-Benz will be introducing the E-Class All-Terrain in India on September 28, 2018. The Mercedes-Benz E-Class All-Terrain made its global debut last year as the rugged version based on the E-Class station wagon and was showcased at the Auto Expo in February this year. The E-Class All-Terrain stands unique as the company's first station wagon ...
-
Online Retail Is Threatened by Offline, Not the Other Way Around: Biyani
When asked about his views on online retail taking over physical retail, Biyani said both are converging and ten years from now everything will converge completely.
-
Rising Shopping Apps Boosting M-Commerce in India: Survey
Fashion (88 percent), electronics (78 percent), and health and beauty (54 percent) are leading categories in India.
-
Amazon Rivals Turn to Legal Fine Print to Stem Whole Foods Strategy
Across the US, large retailers have legal rights in many lease agreements that allow them to limit what Amazon can do with nearby Whole Foods stores.
