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...
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...
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...
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...
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...
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...
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...
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...
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...