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E-commerce

Coronavirus Lockdown: Get free home delivery of food, more, just call WhatsApp number

Coronavirus Lockdown: Get free home delivery of food, more, just call WhatsApp number

Thu, Mar 26, 2020

Coronavirus Lockdown: E-commerce platforms like Grofers, Big Bazaar, Bigbasket, Amazon and Flipkart, etc. have been allowed to continue their doorstep services.

App-based cabs to work as delivery support for e-commerce, retailers? Check this request

App-based cabs to work as delivery support for e-commerce, retailers? Check this request

Wed, Mar 25, 2020

"With people rightly avoiding crowded markets, there has been a sharp increase in pick-up orders from online platforms. There has also been a big rise in families placing telephonic orders to the retail grocers who too are organising themselves into the home-delivery models of businesses," Assocham Secretary General Deepak Sood said.

Amazon, Flipkart challenge new Indian tax on online sellers

Amazon, Flipkart challenge new Indian tax on online sellers

Sat, Feb 15, 2020

Amazon and Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms.

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Will e-commerce companies' brick and mortar bet pay off?

Will e-commerce companies' brick and mortar bet pay off?

Fri, Mar 24, 2017

E-commerce companies are now looking to go offline with GST coming in soon to get the price advantage.

Amazon wins $1.5 billion tax dispute over IRS

Amazon wins $1.5 billion tax dispute over IRS

Fri, Mar 24, 2017

The world`s largest online retailer has said the case involved transactions in 2005 and 2006, and could boost its federal tax bill by $1.5 billion plus interest. It also said a loss could add "significant" tax liabilities in later years.

Amazon to invest over $500 million in e-retail food in India, says Minister of food processing

Amazon to invest over $500 million in e-retail food in India, says Minister of food processing

Thu, Mar 23, 2017

E-commerce giant, Amazon will finally enter the online retail segment in India, Harsimrat Kaur Badal, Minister of food processing, said in New Delhi on Thursday.

Amazon to buy Middle Eastern online retailer Souq.com - sources

Amazon to buy Middle Eastern online retailer Souq.com - sources

Thu, Mar 23, 2017

For Amazon, Souq.com offers expertise and a foothold in a region where e-commerce is expanding quickly thanks to a young and tech-savvy population. Kuwait, Saudi Arabia and the United Arab Emirates are among the top markets worldwide for mobile phone penetration.

SoftBank-backed Snapdeal in deal talks with rivals Flipkart, Paytm: Report

SoftBank-backed Snapdeal in deal talks with rivals Flipkart, Paytm: Report

Wed, Mar 22, 2017

Softbank is expected to inject up to $50 million in bridge financing until a deal is finalised.

Paytm to give insurance upto Rs 20,000 on e-wallet

Paytm to give insurance upto Rs 20,000 on e-wallet

Tue, Mar 21, 2017

As per the report, Paytm will refund money, as claimed by the user if the amount is unlawfully debited from the account or in case of loss of device.

Flipkart raises $1 billion, tries hard to sustain its over-valuation

Flipkart raises $1 billion, tries hard to sustain its over-valuation

Tue, Mar 21, 2017

Recently, Morgan Stanley Institutional Fund Trust – a mutual fund arm of Morgan Stanley revised value of its each share in Flipkart at $50.51 per share as of December 2016, down 3.10% from $52.13 per share of September 2016.

E-commerce companies to pay up to 1% TCS under GST

E-commerce companies to pay up to 1% TCS under GST

Sun, Mar 19, 2017

Industry has been expressing concern over the TCS provisions saying it would mean a lock-in of capital and also dissuades companies from selling through online aggregators.

Amazon enthusiastic over easing FDI norms; wants to invest in food supply

Amazon enthusiastic over easing FDI norms; wants to invest in food supply

Fri, Mar 17, 2017

E-commerce giant, Amazon India on Friday said that they were looking to partner with the government to increase food supply chain in the country.

Sellers welcome Snapdeal's steps to fix all outstanding issues

Sellers welcome Snapdeal's steps to fix all outstanding issues

Wed, Mar 15, 2017

Its plans to reduce the payment cycle to sellers by 40% from 5 days to 3 days has gone well with many sellers and they seem to have buried the hatchet.

Airline to retail: SpiceJet to foray into food, apparel sector

Airline to retail: SpiceJet to foray into food, apparel sector

Tue, Mar 14, 2017

Budget airline, SpiceJet may soon enter the retail sector, a report by CNBC-TV 18 said on Tuesday. Media reports quoted sources that said the company was on the final stages of preparation of entering the ‘retail business.’

Snapdeal eyes over Rs 100 cr revenue from ad platform

Snapdeal eyes over Rs 100 cr revenue from ad platform

Tue, Mar 14, 2017

"As more and more sellers come on the platform, ad revenue will be a growing contributor to Snapdeal's profitability goal," it said.

ShopClues' co-founder files defamation case against wife, Sethi

ShopClues' co-founder files defamation case against wife, Sethi

Tue, Mar 14, 2017

Sandeep handed over the reins of the company to his wife as he was allegedly involved in an insider trading case in the US in 2013.

Flipkart in talks to raise about $800 million

Flipkart in talks to raise about $800 million

Thu, Mar 09, 2017

E-commerce major Flipkart is in advanced stage of discussions to raise about $ 800 million to further strengthen its operations in a bid to take head on the competition from American rival Amazon.

Paytm begins charging 2% for adding money to wallet but here's how you can get that money back

Paytm begins charging 2% for adding money to wallet but here's how you can get that money back

Thu, Mar 09, 2017

India's leading e-wallet company brand Paytm on March 8 said that it will begin charging customers 2% fee if they transfer money to their Paytm wallets using credit cards.

Bought for Rs 10 crore, Reliance Capital sells Paytm stake to Alibaba for Rs 275 crore

Bought for Rs 10 crore, Reliance Capital sells Paytm stake to Alibaba for Rs 275 crore

Tue, Mar 07, 2017

Reliance Capital has sold its nearly 1 % stake in popular digital payments firm Paytm for Rs 275 crore to China's Alibaba Group in a deal reaping huge gains for the Anil Ambani-led group firm.

You can now buy Apple’s new iPhone 6 32 GB on Amazon for less than Rs 29,000

You can now buy Apple’s new iPhone 6 32 GB on Amazon for less than Rs 29,000

Mon, Mar 06, 2017

E-commerce giant, Amazon began selling Apple’s iPhone 6 new 32GB variant in India for Rs 28,999. The iPhone 6 was officially launched in September 2014 along with the iPhone Plus; however, the phone offered only three storage options including—16 GB, 64GB and 128GB.

Buy iPhone 7 for less than Rs 40,000 on Flipkart

Buy iPhone 7 for less than Rs 40,000 on Flipkart

Sun, Mar 05, 2017

Planning to buy iPhone 7 or iPhone 7 plus but don't know what to do with old iPhone?

Flipkart to hire 20-30% more this year

Flipkart to hire 20-30% more this year

Sun, Mar 05, 2017

Besides, it hired about 10,000 temporary staffers, mostly in logistics, ahead of festive sales to ensure it can meet the huge jump in demand.

Alibaba, SAIF to invest $200 million in Paytm's e-marketplace

Alibaba, SAIF to invest $200 million in Paytm's e-marketplace

Thu, Mar 02, 2017

Chinese e-commerce major Alibaba, along with investment firm SAIF Partners, will pump in USD 200 million in Paytm's online marketplace unit.

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