Amazon takes on Flipkart by slashing sellers' commissions

Amazon takes on Flipkart by slashing sellers' commissions

In a bid to take on local e-commerce player Flipkart, American market leader in the same sector Amazon has slashed its seller fees on smartphones and software. 

Fake goods often better than originals: Alibaba's Jack Ma

Fake goods often better than originals: Alibaba's Jack Ma

China`s unbranded goods are often better than the branded originals they imitate, founder of e-commerce giant Alibaba Jack Ma has said, posing an additional challenge to the battle against sales of counterfeits.

Insurance e-commerce draft policy lauded by insurance companies

Insurance e-commerce draft policy lauded by insurance companies

Insurance companies are enthusiastic about the proposed guidelines on selling and servicing of policies through e-commerce platform that aims to do away completely with any kind of physical intervention.

Online hiring activity falls for 2nd consecutive month in May

Online hiring activity falls for 2nd consecutive month in May

New Delhi: Online hiring declined for the second consecutive month in May, but sectors like e-commerce, manufacturing and automotive registered a significant growth in their recruitment activity.

India Post issues first My Stamp on ecommerce; features Amazon

India Post issues first My Stamp on ecommerce; features Amazon

 India Post released the first 'My Stamp' on e-commerce featuring Amazon on June 3 to commemorate three years of its partnership with the e-tailer. "This is the first time that the Department of Post has released 'My Stamp' to commemorate a milestone with an ecommerce marketplace. The launch reinforces the Amazon and India Post relationship," Karnataka Circle Chief Chief Post Master General Usha Chandrashekar said in a statement.

Man arrested for trying to sell stolen car on e-commerce site

A man has been arrested for allegedly trying to sell a stolen car on a popular e-commerce website, police said on Sunday.

Good News: IRCTC to give 50% cash back on pre-paid orders of more than Rs 300

Good News: IRCTC to give 50% cash back on pre-paid orders of more than Rs 300

Indian Railway Catering and Tourism Corporation ( IRCTC) has launched a new scheme that provides 50 percent cash back offer on pre-paid orders having a minimum value of Rs 300, a move set to further boost its e-catering facility. 

 IRCTC denies reports of being hacked; says cyber cell to conduct enquiry​

IRCTC denies reports of being hacked; says cyber cell to conduct enquiry​

The Indian Railway Catering and Tourism Corporation (IRCTC) on Thursday denied reports that its website had been hacked.
 

China's Tencent seeks additional loan worth $2 billion

China`s Tencent Holdings Ltd is seeking a loan of up to $2 billion, part of a flurry of fund-raising by the country`s Internet giants, two people involved in the financing told Thomson Reuters LPC, a loan-focused news service.

Nasscom opposes states' entry tax on e-commerce sales

 IT industry body Nasscom on Thursday came out against a Bill introduced by the Gujarat government to levy entry tax on consumers for inter-state e-commerce and similar practices of some other states, saying it poses a significant challenge.

E-commerce policy may not stop discounting by e-tailers: Ind-Ra

E-commerce policy may not stop discounting by e-tailers: Ind-Ra

The recently introduced e-commerce policy is unlikely to change the discounting model of online retailers in the near-term, says India Ratings and Research (Ind-Ra)

E-commerce norms to provide level playing field, clarity: Nirmala

E-commerce norms to provide level playing field, clarity: Nirmala

 Government today said e-commerce guidelines have brought in "greater clarity" about the sector and they will provide a level playing field to both online and offline stores.

E-comm portal soon for speedier govt procurement of goods

E-comm portal soon for speedier govt procurement of goods

 With e-commerce industry growing fast in the country, government is developing a portal to streamline procurement of goods and services which will enable ministries to order their requirements online.

Mktplace e-com:25% cap on sales to end monopoly of few vendors

Mktplace e-com:25% cap on sales to end monopoly of few vendors

 The 25 percent limit on single-vendor sales on e-commerce marketplaces having foreign investment is aimed at ending the monopoly of a few big sellers and encouraging more small and medium players to sell their goods online, a senior official said.

Infibeam to list shares tomorrow

Infibeam to list shares tomorrow

 Infibeam Incorporation, which has raised Rs 450 crore through its initial public offer (IPO), will make its stock market debut tomorrow, becoming the first e-commerce player in the country to get listed.

Infibeam to make stock market debut on Monday

E-commerce firm Infibeam Incorporation, which has raised Rs 450 crore through initial public offer (IPO), will list its shares on stock exchanges - BSE and NSE - on Monday.

100% FDI in e-commerce gives short shrift to consumers

Days of huge online discounts may soon end

Boost for e-commerce: 100% FDI permitted in marketplace e-retailing with riders

Boost for e-commerce: 100% FDI permitted in marketplace e-retailing with riders

The government on Tuesday allowed 100 percent FDI through automatic route in the marketplace format of e-commerce retailing, a development that will give a boost to foreign firms like Amazon and Ebay as well as domestic players such as Flipkart and Snapdeal.

China sets new online import tax rules

China sets new online import tax rules

China will change the tax rules on online retail goods from April 8 to level the playing field for e-commerce platforms and traditional retailers and importers, a media report said on Sunday.

E-tailers eat a humble pie on Good Friday sales

Use of term 'good Friday' in a promotional campaign by E-commerce firm Snapdeal on Good Friday, a day observed to commemorate the crucifixion of Jesus Christ, triggered a row, after which the company apologised