Jeff Bezos meets industry captains, concludes 3-day India visit
Jeff Bezos has announced investments of USD 1 billion over the next few years in India. He could not reportedly get an audience with Indian PM Modi, while Commerce Minister Piyush Goyal stoked a controversy by stating that the e-commerce giant which is being investigated for predatory pricing is not doing India any favour by the investment.
Divine Solitaires enters into e-commerce space
A growing interest and the preference of millennials and the GenZ to shop luxury and lifestyle...
Housing ministry launches e-commerce platform for real estate sector
Housing ministry launched an e-commerce platform to facilitate homebuyer...
More e-tailers doing away with OTPs
Flipkart has already done so, and others like Swiggy and ride-sharing apps are about to follow.
SCO SG suggests vigorous e-comm partnership among member states
Norov said that e-commerce provides opportunities for companies to expand their markets, scale up their businesses, reduce transaction cost through economies of scale and more efficient use of capital, as well as to create new jobs.
SCO Secretary General suggests vigorous e-comm partnership among member states
Speaking at an industry interaction, ‘Enhancing Indian Industry’s Engagement with SCO’organised by FICCI, Norov said, “The time has come for purposeful and active action for development of e-commerce in our countries.” Norov is on five day visit to India to host series of meetings besides participating in Raisina Dialogue.
Airbus Bizlab-accelerated napEazy wants to make sleeping on flights easier
Bringing an end to exhausting, chronic pains and fatigue caused by lack of sleep, two former Airbus employees have created a comfort kit- napEazy which lets you rest both your head and upper body in variety of sleeping positions.
Policy changes, JioMart pose rising risks to global e-commerce players in India: Fitch
Smaller retailers have been claiming that companies such as Amazon India and Flipkart are pricing them out of the market.
E-commerce cos may get to upload GST e-invoice for vendors
In a significant relaxation for the ecommerce sector, the government could allow online platforms such as Amazon and Flipkart to upload e-invoice for vendors under the goods and services tax (GST) framework.
View: The biggest challenge facing e-commerce sector in India & how to overcome it
To keep up with these changing demands, it is crucial that the logistics sector be efficient.
Creating individual e-stores for traders, will roll out at national level soon: CAIT
"We are not against e-commerce and (are) rather of the considered opinion that e-commerce is a rapidly growing future mode of business and have undertaken a task to align the trading community with e-commerce by creating individual e-store of every trader in the country," Khandelwal said.
Competition Commission of India pitches for self-regulation of ecomm platforms
The Competition Commission of India has also advocated that e-commerce players increase in transparency in search rankings, collection and use of data and user review and rating mechanisms.The CCI has also recommended that e-commerce platforms notify the businesses of any proposed changes in terms and conditions and only bring them into effect after a reasonable notice period.
Reliance to venture in e-commerce with Jio Mart, initial roll-out in Mumbai
MUMBAI: Reliance Industries, India’s biggest company by market value, has started its web portal Jiomart, harnessing the might of its two la...
E-commerce, new industrial policies likely to be released this fiscal: DPIIT Secretary
The government in February released a draft national e-commerce policy, proposing setting up a legal and technological framework for restrictions on cross-border data flow and also laid out conditions for businesses regarding collection or processing of sensitive data locally and storing it abroad. Several firms raised concerns over some points in the draft.
No OTP for transactions upto Rs 2,000 on Flipkart with Visa
Products like Flipkart Pay Later and Cardless Credit have been introduced to help new-to-credit customers enjoy a shopping experience that is seamless and affordable, with the larger goal to onboard the next 200 million customers, said the company.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service