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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,
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E-Commerce Vendors Created 1.6 Crore Jobs In India, 35 Lakh For Women: Report
E-commerce has been a key driver of employment generation in India and online vendors have likely generated 15.8 million (almost 1.6 crore) jobs in the country that includes about 3.5 million (35 lakh) for women, a report said today.
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Gang Used E-Commerce Firm's Packets To Supply Drugs In Greater Noida, Arrested: Cops
With the arrest of four people, police on Tuesday claimed to have busted a gang involved in drug trafficking in Greater Noida.
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Indian Clothing And Fashion Start-Up Meesho Lays Off 15% Of Its Employees
E-commerce firm Meesho has laid off 251 employees constituting 15 per cent of its workforce to cut costs and as part of its efforts to achieve profitability, a top company official said on Friday.
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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
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You Can Now Touch And Feel The Online Products, Thanks To IIT Madras
Researchers at IIT Madras develop new touchscreen technology that enables users to feel the texture of images.
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DoT Warns E-Commerce Websites Sale of Wireless Jammers, Network Boosters Illegal Without Permission
The Department of Telecom has issued a warning to all e-commerce platforms in the country, against the sale of cellular signal jammers, GPS blocker or other signal jamming devices. The use of these devices is illegal, except specifically permitted by the government. Private sector organizations and private individuals cannot procure or use jammers ...
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Centre's Move To Curb Fake Reviews On Online Shopping Websites, Apps
The government today said it will develop a framework to keep a check on fake reviews posted on e-commerce websites and apps to protect consumer interest.
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Amazon Offers Intellectual Property Protection For Businesses In India
Amazon has unveiled its Intellectual Property Accelerator programme, which is aimed at providing access to sellers, to their legal services.
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Apple Said to Plan Starting Online Sales in India Next Month
Apple is poised to open an online store for the first time in the fast-growing smartphone market of India next month, according to a person with knowledge of the matter, taking advantage of a relaxation of once-strict prohibitions against foreign direct retail.
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Flipkart Eyes Alcohol Delivery Foray With Diageo-Backed Startup, Letters Show
Walmart's e-commerce platform Flipkart has partnered with a startup backed by spirits giant Diageo to deliver alcohol in two Indian cities, according to government letters seen by Reuters, months after Amazon planned a similar foray.
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Amazon India to Launch Online Drug Store, Starting With Bengaluru
Amazon.com said on Friday it will launch an online pharmacy in India that will serve the city of Bengaluru, the latest move by the e-commerce giant to widen its reach in a key growth market.
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Flipkart Acquires Walmart India Business to Launch a Wholesale Marketplace for Kiranas, Indian MSMEs
Flipkart on Thursday launched the Flipkart Wholesale as a digital marketplace to serve local kirana stores and micro, small, and medium enterprises (MSMEs) in India. The e-commerce company is acquiring 100 percent stake in Walmart India to enable the new experience.
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E-Commerce Listings Must Display Country of Origin on Imported Products: Centre to Delhi High Court
The central government submitted before the Delhi High Court that all pre-packaged imported products on e-commerce platforms must declare the country of origin.
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Amazon Says Exports From India-Based Sellers Cross $2 Billion
Amazon.com's total exports from small and medium sellers in India, part of a company programme to export products to global markets, have crossed the $2 billion mark, two company executives said on Monday.
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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,
-
E-Commerce Vendors Created 1.6 Crore Jobs In India, 35 Lakh For Women: Report
E-commerce has been a key driver of employment generation in India and online vendors have likely generated 15.8 million (almost 1.6 crore) jobs in the country that includes about 3.5 million (35 lakh) for women, a report said today.
-
Gang Used E-Commerce Firm's Packets To Supply Drugs In Greater Noida, Arrested: Cops
With the arrest of four people, police on Tuesday claimed to have busted a gang involved in drug trafficking in Greater Noida.
-
Indian Clothing And Fashion Start-Up Meesho Lays Off 15% Of Its Employees
E-commerce firm Meesho has laid off 251 employees constituting 15 per cent of its workforce to cut costs and as part of its efforts to achieve profitability, a top company official said on Friday.
-
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
-
You Can Now Touch And Feel The Online Products, Thanks To IIT Madras
Researchers at IIT Madras develop new touchscreen technology that enables users to feel the texture of images.
-
DoT Warns E-Commerce Websites Sale of Wireless Jammers, Network Boosters Illegal Without Permission
The Department of Telecom has issued a warning to all e-commerce platforms in the country, against the sale of cellular signal jammers, GPS blocker or other signal jamming devices. The use of these devices is illegal, except specifically permitted by the government. Private sector organizations and private individuals cannot procure or use jammers ...
-
Centre's Move To Curb Fake Reviews On Online Shopping Websites, Apps
The government today said it will develop a framework to keep a check on fake reviews posted on e-commerce websites and apps to protect consumer interest.
-
Amazon Offers Intellectual Property Protection For Businesses In India
Amazon has unveiled its Intellectual Property Accelerator programme, which is aimed at providing access to sellers, to their legal services.
-
Apple Said to Plan Starting Online Sales in India Next Month
Apple is poised to open an online store for the first time in the fast-growing smartphone market of India next month, according to a person with knowledge of the matter, taking advantage of a relaxation of once-strict prohibitions against foreign direct retail.
-
Flipkart Eyes Alcohol Delivery Foray With Diageo-Backed Startup, Letters Show
Walmart's e-commerce platform Flipkart has partnered with a startup backed by spirits giant Diageo to deliver alcohol in two Indian cities, according to government letters seen by Reuters, months after Amazon planned a similar foray.
-
Amazon India to Launch Online Drug Store, Starting With Bengaluru
Amazon.com said on Friday it will launch an online pharmacy in India that will serve the city of Bengaluru, the latest move by the e-commerce giant to widen its reach in a key growth market.
-
Flipkart Acquires Walmart India Business to Launch a Wholesale Marketplace for Kiranas, Indian MSMEs
Flipkart on Thursday launched the Flipkart Wholesale as a digital marketplace to serve local kirana stores and micro, small, and medium enterprises (MSMEs) in India. The e-commerce company is acquiring 100 percent stake in Walmart India to enable the new experience.
-
E-Commerce Listings Must Display Country of Origin on Imported Products: Centre to Delhi High Court
The central government submitted before the Delhi High Court that all pre-packaged imported products on e-commerce platforms must declare the country of origin.
-
Amazon Says Exports From India-Based Sellers Cross $2 Billion
Amazon.com's total exports from small and medium sellers in India, part of a company programme to export products to global markets, have crossed the $2 billion mark, two company executives said on Monday.
