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E-commerce sector News

13 Nov 2024

India Festive Season Sales Log 12 Per Cent Growth At Rs 1.18 Lakh Crore

India Festive Season Sales: Fashion emerged as the fastest-growing category, with a 3 times growth increase over the business as usual (BAU) months this fiscal.

Indian startups

24 Aug 2024

Indian Startups Raise Over $265 Million Funding In 16 Deals This Week

Indian startups raised $1.03 billion as the government abolished angel tax in the Union Budget 2024-25 which was levied on foreign investors. Indian startups raised $1.93 billion in funding in June

31 Jan 2018

Budget 2018: E-commerce sector hopeful of corporate tax reduction

Here are some expectations from the sector, ahead of this year`s Union Budget:

25 Jan 2017

E-commerce players seek sops on digital transactions in Budget

With the government`s emphasis on a less-cash economy, stakeholders in the country`s digital space have sought incentives in the upcoming Union Budget on February 1.

28 Sep 2016

Walmart to invest $1 billion in Flipkart to take on Amazon

Amazon has committed about USD 5 billion towards its Indian business and is aggressively ramping up its supply and delivery operations.

Ease of Doing Business

21 Jun 2016

Govt asks CAIT to list issues hampering ease of doing biz

The Commerce Ministry on Tuesday asked traders body CAIT to prepare a list of issues, including taxation and banking, which are hindering ease of doing business in the country.

19 Aug 2015

Snapdeal raises $500 million from Alibaba, Foxconn and SoftBank

Snapdeal, which bills itself as India`s version of Alibaba, did not break out individual investments. EBay Inc is selling part of its stake in a transaction which also involves fresh funding.

02 Jul 2015

V-Mart plans foray into online retail

Retail chain V-Mart is gearing up to join the fast growing e-commerce sector by next year with a mobile app-based platform to sell products.

Consumer protection in India

29 May 2015

FM for giving power to consumers to file class action suits

The concept of Class Action suit was there in the Act, it has never been used. Such suits can be filed by a group of people when there is a class or category of goods which is defective and a very large number of people have been deceived by it.

Foreign direct investment

14 May 2015

Sitharaman, stakeholders discuss e-commerce FDI

The government on Thursday discussed various issues related to foreign direct investment (FDI) in the e-commerce sector with several stakeholders, including Flipkart, Snapdeal and industry associations.

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