Tuesday, December 23, 2014

12:01 PM

Flipkart among world's 5 biggest tech startups

Qatar Investment Authority (QIA) has picked up a $150-million stake in India's e-commerce poster boy Flipkart, which closed a $700-million fund-raising on Wednesday, sources directly...
12:00 PM

Amazon asks government to allow 49% FDI in e-tailers selling directly to consumers

Ahead of US President Barack Obama's visit to India next month, ecommerce major Amazon has asked the government to allow 49% foreign direct investment in e-tailers selling directly...

Tuesday, December 16, 2014

6:08 PM

Online retail giant Amazon scouts for office space in Bengaluru

Amazon is on the lookout for 1.3 million sq ft of office space in Bengaluru to support its “aggressive hiring outlook” over the next 3-5 years. At present, Amazon occupies 5.5...
6:07 PM

Govt set up panel to bring clarity on e-commerce rules Committee, with representatives from finance and commerce ministries, to study global models to derive lessons for India

 The government is learnt to have set up a committee, with representatives from the finance and commerce ministries, to devise a clear mechanism for the e-commerce sector. The...
6:06 PM

Online retail spending to touch $16 bn by 2018: Report

The online retail spending in the country is expected to reach $16 billion (around Rs 1 lakh crore) by 2018 with the number of people buying online touching 128 million, a report...
6:05 PM

South India's three big mobile retail chains team up to take the fight to e-tailers

Following a drop of more than 40% in smartphone sales since the festive season due to aggressive online discounting, three of south India's largest cellphone retail chains - Sangeetha...
6:04 PM

Fresh fund-raising values Flipkart at $11 billion, Hong Kong-based Steadview Capital invests $180 million

Flipkart India's largest e-tailer which is in the midst of a third round of fund-raising this year has received an initial investment of $180 million led by Hong Kong-based investment...
6:03 PM

eBay lags behind Amazon and Flipkart in commission revenues

eBay India, one of the earliest online marketplaces in the country, has slipped behind both Flipkart and Amazon on revenues from seller commissions as its two rivals along with...
6:01 PM

GST will boost e-commerce

Summary Tax rules should not make a distinction between the real and the digital economy Significant strides in technology have led to a gradual shift in the manner in which...

Friday, November 28, 2014

3:19 PM

E-commerce players gearing up for Google's online shopping festival

Many online sites are gearing up for a surge in business with a fortnight of discounts during the ongoing Google-led online shopping festival followed by Black Friday and Cyber Monday...

Wednesday, November 26, 2014

11:23 AM

Walmart India to offer e-commerce option in all stores The retail firm has cash-and-carry for its registered business members but they can order their merchandise online and have it delivered at their doorstep

Mumbai: Walmart India, the Indian arm of Wal-Mart Stores Inc., that has been testing out an e-commerce option for its wholesale business at two stores in Hyderabad and Lucknow is...
11:20 AM

Online retail boom expected to boost e-commerce enablers Logistics firms, advertising platforms, mobile payment technology companies are being seen as safer and affordable investment bets by venture capital firms

Bangalore: India’s online retail boom is expected to boost e-commerce enablers such as logistics firms, advertising platforms and mobile payment technology companies, which are now...
11:15 AM

E-commerce trumps realty in investments In the past 10 months, investors have put in $8.5 billion in 381 deals; e-commerce accounts for 35% of them

E-commerce trumps realty in investments The money has been spread across 55 deals, even though a disproportionate amount has been invested in three firms—online retailers Flipkart...
11:09 AM

GST to take care of many of e-commerce firms’ tax issues

GST to take care of many of e-commerce firms’ tax issues: IT minister Digital India has three components: creation of digital infrastructure, delivering services digitally and digital...
11:06 AM

The India Post department aims to cash in on the growing demand for delivery and logistics in the e-commerce space

India Post ramps up operations to handle e-commerce services The department aims to cash in on the growing demand for delivery and logistics in the e-commerce space India Post...

Thursday, November 20, 2014

11:59 PM

HUL strengthens e-commerce efforts The firm is working with Kishore Biyani’s Big Bazaar and e-tailers like Amazon and Flipkart to sell its goods through their digital networks

As e-commerce gains scale in the country, India’s largest consumer packaged goods company by sales, Hindustan Unilever Ltd (HUL), is working with modern retailers like Kishore Biyani’s...
11:48 PM

Accel is likely to start making investments from its new fund before April.

Accel is likely to start making investments from its new fund before April. Accel Partners India, which has backed companies such as Flipkart, Bookmyshow and TaxiForSure, is...
11:27 PM

Rock, paper, scissors, er, e-commerce Though few in number, sales of fakes and comedy-inducing deliveries of stones and soaps can harm the image of online retailers

Whatever due diligence e-commerce firms may conduct, once they bring sellers on their sites, they don’t have much control over what is sold and delivered.  It is a beautiful...
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