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23 Jul 2020

Centre rules out FAQ on Equalisation Levy, says law very clear

Equalisation Levy was introduced in the 2020-21 Budget. It came into effect from April 1, 2020. The tax would be levied on consideration received by non-resident e-commerce operators from online supply of goods or services.

26 Mar 2020

COVID-19: Delhi Police allows online retailers to operate within capital

Zomato, Flipkart, Amazon, Swiggy, Bigbasket and Big Bazaar are some of the service providers that have been given the permit to operate during the lockdown.

16 Aug 2017

Paytm Mall to invest $5 mn to address shopkeepers' needs

Paytm Mall, owned by Paytm Ecommerce, on Wednesday said it will support its shopkeepers to take on online retailers and will invest up to USD 5 million to address the needs of its partner retailers.

US retail sales

14 Apr 2017

US retail sales fall for second straight month on weak automobiles

Online retailers

30 Sep 2016

Good monsoon, better pay packets to boost online festive sales

Online retailers in India hope netizens will splurge more this festive season, which accounts for 40 percent of annual sales, thanks to an uptick in rural demand after a good monsoon and the cash coming from the salary and bonus bonanza of the Seventh Pay Commission.

05 Sep 2016

Indonesia asks Alibaba's Jack Ma to advise its e-commerce development

JAKARTA/BEIJING - Indonesia has asked the chairman of China`s Alibaba Group Holding Ltd, Jack Ma, to act as adviser in the development of the Southeast Asian country`s nascent e-commerce industry, according to a video released by the government.

US retail giants

13 May 2016

US retail giants feel pain as online shopping hits

Iconic American stores Macy`s and Gap are facing tough questions about their future following dreary earnings announcements this week that highlighted the growing market share taken by online retailers.

Online retailers

10 Dec 2015

Investors hover as e-tailers boost demand for Indian warehouses

Overseas firms including Dutch pension fund manager APG and US buyout group Warburg Pincus are looking to invest in India`s warehouses, hoping to cash in on demand for modern and efficient storage space from booming online retailers.

Online retailers

16 Oct 2015

Aditya Birla Group makes e-commerce debut with abof.Com

With online retailers stealing a march over traditional formats, conglomerate Aditya Birla Group on Friday entered the e-commerce space by launching fashion portal abof.Com.

13 Sep 2015

E-commerce players betting big on offline presence

In order to differentiate their brand from the clutter of online brands, some e-tailers are setting up shops offline.

23 Jul 2015

Flipkart appoints Krishnendu Chaudhury as Image Sciences Head

E-commerce major Flipkart Thursday announced the appointment of Krishnendu Chaudhury as the Head of Image Sciences.

07 Jul 2015

Flipkart to shut its website by September, to go 'app' way

Flipkart has followed the footsteps of another fashion e-tailer Myntra which embraced an 'app only' model few months back.

06 May 2015

eBay offers imported products at 60% less rates

Online retailer eBay Wednesday launched a scheme to sell imported products like Apple iPhone and iPad, HTC and Samsung at up to 60 percent discount.

27 Apr 2015

Google discontinues Nexus 7 tablet

The 7-inch Nexus tablet from Google is no longer available on the Google Store for purchase as it has been discontinued.

03 Nov 2014

Top-level recast in Flipkart; Bansal's role expanded, CFO leaves

In significant top management level changes at Flipkart, interim CFO Kalyan Krishnamurthy is leaving the firm and Fashion Head Mukesh Bansal will now be the marketing chief of the home grown e-commerce major.

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