Online Discounts News

Industry

Amazon, Flipkart warned over steep discounts: Report

Small traders allege that online retailers use complex business structures to circumvent new FDI rules, and still burn billions of dollars to offer discountsThe report said the govt was prepared to listen to concerns about the new FDI norms aimed at deterring them from providing steep discounts

3 min read25 Jun 2019
Companies

Flipkart, GOQii settle dispute over sharp discounting

GOQii, a seller of smartwatch-type health devices, sued Flipkart last month, alleging its devices were discounted by around 70% to the retail price, much more than the two sides had agreedThe court had, as an interim measure, ordered device sales to be halted on Flipkart

1 min read14 Jun 2019
Industry

What India e-commerce policy entails for online retailers

The new rules for FDI in e-commerce, to be implemented from 1 February, could throw a spanner in India's thriving online retail sector

4 min read16 Jan 2019
Industry

Millennials, not online discounts, pose a threat to malls

Urban youth are more likely to shop online than spend time on trips to malls, and they tend to spend less time when they do visit traditional retailers

3 min read10 Oct 2018
Industry

Snap Fact: The link between online prices and inflation

Retailers adjusting prices more frequently and uniformly across locations should react faster to economic shocks, shows a recent study

1 min read10 Oct 2018
Companies

Why everyone is not happy with online discounts

Analysing the key aspects of the latest government probe into online discounts by Flipkart, Amazon and their ilk

2 min read9 Oct 2018
Industry

Govt panel set to probe e-commerce firms’ big discounts

A 10-member panel will examine the trends in digital economy, including steep discounts in online retailing, and whether the e-tailers are subject to any restrictions in their access to dealerships from manufacturers

3 min read8 Oct 2018
Companies

Heavy discounts by Flipkart, Amazon, Paytm Mall: Regulatory probe likely

CCI's order included an observation that Flipkart and other online retailers were discounting on their platformsa practice that is explicitly banned

2 min read10 Aug 2018
Industry

India’s discounts for online payments a global first

The Modi government has unveiled a raft of measures including discounts on online payments for insurance policies, rail tickets and highway toll charges

2 min read12 Dec 2016
Opinion

Indian e-commerce shows signs of becoming rational

A decrease in discounting is important for e-commerce companies if the industry is to stand on its own merits and slow the cash burn

1 min read19 Oct 2016
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The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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