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Alibaba launches US shopping website: Report

Last Updated: Wednesday, June 11, 2014, 17:28

The online marketplace 11 Main, which hosts more than 1,000 merchants selling products ranging from clothing and interior goods to arts and crafts, will help Alibaba compete with Amazon and eBay, Dow Jones Newswires reported.

Alibaba to buy out UCWeb in China's 'biggest' internet merger

Last Updated: Wednesday, June 11, 2014, 12:09

Alibaba Group Holding Ltd said on Wednesday it will buy all the remaining shares of mobile browser firm UCWeb in the biggest merger in Chinese internet history, as the e-commerce giant steps up its spending spree ahead of its U.S. listing.

FashionAndYou raises $10 mn; eyes more funding next year

Last Updated: Monday, June 09, 2014, 21:13

e-Commerce firm FashionAndYou today said it has raised funding of about USD 10 million (Rs 60 crore) from its exisiting partners like Sequoia Capital and Smile Group and a new investor.

Interview: Neha Dhupia - From acting to entrepreneurship

Last Updated: Monday, June 09, 2014, 12:35

Interview: Neha Dhupia - From acting to entrepreneurship

Centre committed to AP, Telangana growth: Commerce Minister

Last Updated: Saturday, June 07, 2014, 14:11

Stating that the Centre was committed to the development of Andhra Pradesh and Telangana, Union Commerce Minister Nirmala Sitharaman on Saturday said thrust would be on industrial development in the two states.

Govt should not permit FDI in e-commerce: CAIT

Last Updated: Wednesday, June 04, 2014, 19:20

The government should not allow FDI in e-commerce retail as it would grant back-door entry to foreign players in the multi-brand retail which the ruling BJP has been opposing, retailers body CAIT said Wednesday.

India likely to ease FDI norms for foreign online retailers in July

Last Updated: Wednesday, June 04, 2014, 14:38

The industry ministry that drafts FDI rules recently met officials from companies including Amazon, Google, eBay Inc, Wal-Mart and Indian e-tailer Flipkart to finalise the investment guidelines, sources said.

US sets new import duties on Chinese solar products

Last Updated: Wednesday, June 04, 2014, 11:09

The United States slapped new import duties on solar panels and other related products from China on Tuesday after the Commerce department ruled they were produced using Chinese government subsidies, potentially inflaming trade tensions between the two countries.

Google offers to 3D map Goa

Last Updated: Monday, June 02, 2014, 18:43

Goa may soon be one of the first states in India to have a 3D digitized mapped presence online.

FDI in inventory-led e-Commerce to help grow Internet usage

Last Updated: Sunday, June 01, 2014, 11:39

Allowing FDI in inventory-based e-commerce firms will help grow Internet usage in the country and provide players access to funds for investing in technology and back-end operations, industry body IAMAI said.

US stocks dip on weak consumer spending

Last Updated: Friday, May 30, 2014, 20:50

US stocks Friday opened lower following reports showing lower consumer spending and weak results for leading retailers.

Time to start new US-Cuba relations: US commerce chief

Last Updated: Friday, May 30, 2014, 08:38

The head of the US Chamber of Commerce said Thursday the time has come to start a new chapter in relations between Cuba and the United States.