Archives
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June 20, 2017 E-commerce company Myntra gets slammed over ad on ‘Draupadi’
By: Loknath DasNew Delhi: E-commerce portal Myntra landed in a massive controversy after a picture of Draupadi (one of the most important female characters in the Hindu epic, Mahabharata) was allegedly used in an advertisement; which later went viral on social media. The advertisement, which Myntra was accused of publishing, is for endorsing sarees. In the […]
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ALL DEALS February 6, 2017 E-Commerce Food Biz Operators Must Obtain Licence: FSSAI
By: sristy SahaE-Commerce Food Biz Operators Must Obtain Licence: FSSAI E-commerce food companies will have to obtain licence for their entire supply chain besides ensuring that delivery of products is done by ‘trained personnel’ in order to maintain safety under the new guidelines issued by food regulator FSSAI on Friday. With an aim to regulate e-commerce food […]
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ELECTRONICS August 12, 2016 Tata Group Enters E-Commerce Market With Apparel, Electronics Site ‘Cliq’
By: sristy SahaIndia’s biggest conglomerate Tata Group launched an e-commerce venture on Friday, as it seeks to cash in on rising purchasing power in a market dominated by deep-pocketed international retailers and startups backed by global tech investors. The group said it developed its Tata Cliq website over a year-and-a-half at a cost of “several hundred million […]
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NEWS June 15, 2016 Tata organization Enters E-commerce market With apparel, Electronics site ‘Cliq’
By: sristy SahaIndia’s largest conglomerate Tata group launched an e-commerce venture on Friday, as it seeks to coinsin on rising purchasing electricity in a marketplace dominated with the aid of deep-pocketed globalshops and startups sponsored through worldwide tech buyers. The organization stated it evolved its Tata Cliq website over a year-and-a-half of at a cost of “numeroushundred […]
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ELECTRONICS May 31, 2016 Tata organization Enters E-commerce marketplace With apparel, Electronics web page ‘Cliq’
By: sristy SahaIndia’s biggest conglomerate Tata institution launched an e-trade challenge on Friday, because it seeks to cash in on rising shopping electricity in a market dominated by means of deep-pocketed worldwideoutlets and startups backed through worldwide tech investors. The organization said it advanced its Tata Cliq internet site over a yr-and-a-half of at a price of […]
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NEWS May 15, 2016 India’s E-commerce Tripled in five Years in spite of Low net Penetration: report
By: sristy Sahadespite the fact that India’s use of the net is decrease than many poorer nations, the u . s .‘s e-trade areatripled – or grew with the aid of 209 percentage over the past five years – from $4.four billion (Rs. 20,020 crores) in 2010 to $13.6 billion (Rs. 83,096 crores) in 2014. This records […]
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NEWS April 1, 2016 New rules, 100% FDI in e-commerce give short shrift to consumers
By: sristy SahaPhoto: iStockphoto New Delhi: The government on Tuesday allowed 100% foreign direct investment (FDI) in marketplace e-commerce companies. While this may bring regulatory clarity to the existing and future online retail sellers in the country, it may hamper consumer interest on several accounts. First, the government has now prohibited any discounts to consumers by e-commerce […]
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NEWS April 1, 2016 E-commerce firms will have to restructure businesses
By: sristy SahaFashion retailers such as Flipkart’s Myntra are moving to a marketplace model, but currently depend on one seller for most sales. Photo: Bloomberg New Delhi/Bengaluru: A day after the government approved foreign direct investment (FDI) with riders in online marketplaces, law experts said many e-commerce companies will have to rework their already complex corporate structures, […]
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NEWS April 1, 2016 Fidelity marks down start-ups; e-commerce firms to restructure businesses
By: sristy SahaPhoto: Priyanka Parashar/Mint What to watch out for New online marketplace rules fail to halt discounts, for now If you were worried that the new government rules for Internet companies will mean the end of eye-popping discounts on popular online marketplaces, breathe easy, at least for now. E-commerce firms will have to restructure businesses A […]
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NEWS March 30, 2016 Govt defines e-commerce marketplace rules, allows 100% FDI
By: sristy SahaThe government notification on e-commerce models is expected to redefine the way online retail is done in India. Photo: iStockphoto New Delhi: The government on Tuesday allowed 100% foreign direct investment (FDI) in online retail of goods and services under the so-called “marketplace model” through the automatic route, seeking to legitimize existing businesses of e-commerce […]
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NEWS March 30, 2016 Indian start-ups counting on rural reach to boost e-commerce
By: sristy SahaPhoto: iStock Bangalore/New York: Indian entrepreneurs must do a better job reaching small towns and villages at home before setting their sights on international expansion, speakers on a panel at Bloomberg’s India Economic Forum said. “We haven’t even scratched the surface yet” in India, said Radhika Aggarwal, co-founder and chief business officer of online retail […]
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ALL DEALS March 12, 2016 India Funding Roundup: A Pre-Owned Fashion Marketplace, E-Commerce Enabler, and More
By: sristy SahaA total of 23 tech startups got funded in this week, according to sector analysis provided by data tracker Tracxn. Our latest funding roundup compiles seed and late stage investments in firms engaged in e-commerce enablement, self-drive car rentals, B2B listings, and pre-owned fashion. Yana Mobile personal assistant app Yana has reportedly raised an undisclosed […]
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