News WrapGet Handpicked Stories from our editors directly to your mailbox


Traders raise objections against festive e-commerce discounts, urge government to step in

The CAIT representatives said that as per 2016 FDI policy, e-commerce portals cannot influence sale or prices but they are blatantly violating the FDI policy by putting up these sales on their portals.

Sep 08, 2019, 17:19 PM IST

Flipkart to launch Hindi interface for next 20 crore online customers

With the Hindi capability, users will be able to see all the information and search for their desired products in Hindi -- a language whose internet user base is expected to outgrow English by the year 2021.

Sep 04, 2019, 15:30 PM IST

Government comes up with draft guidelines to protect online shoppers

Online shoppers can soon rest assured that if they have any complaints about products or service from an e-commerce site, it would be speedily looked into and resolved.

Aug 05, 2019, 23:37 PM IST

54 tech unicorns expected in India by 2025

Of this 54 unicorns, 10 are expected to be in the e-commerce and business-to-business segment each, eight in payments and content/social each, five in mobility, education and logistics each, and three in food delivery.

Aug 02, 2019, 17:53 PM IST

Govt to come out with national e-commerce policy within 12 months

Several foreign e-commerce firms have raised concerns over some points in the draft pertaining to data.

Jun 25, 2019, 16:40 PM IST

Amazon opens Telangana's largest delivery centre in Hyderabad

The E-commerce company also has close to 90 Amazon-owned and Service Partner delivery stations in the State.

Jun 19, 2019, 15:58 PM IST

Competition Commission begins market Study in e-Commerce, findings expected by August end

The focus areas of the study include the emerging trends in business models and distribution mechanisms, market structure and business practices including contractual provisions and vertical restraints.

Jun 18, 2019, 17:15 PM IST

e-commerce companies meet Piyush Goyal; express concerns related to RBI data storage requirements

The meeting was held by PiyushGoyal in order to understand their concerns and take their suggestions towards building a robust data protection framework that will achieve the dual purpose of privacy and innovation and strengthen India’s position as a global tech leader with focus on trust and innovation.

Jun 18, 2019, 12:08 PM IST

Amazon delivering over 10mn items in a day in US

In an earnings call in April, Brian Olsavsky, Chief Financial Officer (CFO) at Amazon, announced the company's plan of investing $800 million and building most of this one-day Prime delivery capacity throughout 2019.

Jun 04, 2019, 15:57 PM IST

Flipkart launches fund to back early-stage start-ups

The objective of the fund is to build the ecosystem with world-class founders and ideas, Flipkart added.

Mar 27, 2019, 11:29 AM IST

Flipkart warns of major 'customer disruption' if India's new e-commerce rules not delayed

The contents of Flipkart`s letter have not been previously reported. Flipkart declined to comment.

Jan 29, 2019, 20:41 PM IST

Govt toughens norms for e-commerce firms, bars exclusive deals

The revised 'policy on foreign direct investment in online retail' would be effective from February 2019.

Dec 26, 2018, 22:34 PM IST

Walmart in talks to buy minority stake in Flipkart: Report

The US retailer can acquire a stake of 15% to 20% in e-commerce firm Flipkart.

Jan 31, 2018, 16:23 PM IST

Future will be about 'made on the internet': Jack Ma

Jack Ma said that even without a perfect logistics system, payments system or blockchain, e-commerce has grown remarkably.

Jan 24, 2018, 18:05 PM IST

Amazon says over 5 billion items shipped in 2017 via Prime

The e-commerce giant, which revealed its Prime shipment numbers for the first time, did not give comparable full-year shipment number for 2016.

Jan 02, 2018, 23:42 PM IST

Diwali 2017: Five tips to start your new online business

Here are five golden rules to start a successful business this Diwali.

Oct 17, 2017, 11:35 AM IST

BRICS account for 47% of global online retail sales

BRICS countries account for 47 percent of the global online retail sales surpassing $876 billion in 2016, a new study revealed on Thursday.

Aug 31, 2017, 10:53 AM IST

Ziox launches 'QUIQ Aura 4G' at Rs 5,199

Domestic smartphone maker Ziox Mobiles on Monday launched `QUIQ Aura 4G, a new budget smartphone that comes with both fingerprint scanner and facial recognition features at Rs 5,199.

Aug 28, 2017, 15:22 PM IST

Brand licensing industry sees opportunity for growth in India

According to LIMA`s Global Licensing Industry Survey, 2017, the market size is $262.9 billion with a 4.4 per cent growth over the previous year.

Aug 27, 2017, 13:38 PM IST

Amazon refunding customers who bought 'unverified' eclipse glasses

E-commerce giant Amazon is offering refunds to customers who purchased eclipse glasses from the platform and warned them not to use the spectacles to view the total solar eclipse that will occur on August 21.

Aug 14, 2017, 16:32 PM IST