The draft guidelines says the e-commerce firms must self-declare compliance and also provide a way for customers to contact them directlyThe platforms are also required to display terms of contract with the seller relating to return, refund, exchange, warranty, delivery and mode of payments
1 min read5 Aug 2019Differences over e-commerce regulations have become one of the biggest issues in frayed trade ties between New Delhi and WashingtonWalmart had invested $16 billion in Indian e-commerce giant Flipkart, its biggest ever acquisition globally
5 min read11 Jul 2019POPxo has opened its first standalone store in Delhi and plans to add four more in the coming quarterThe company sells lifestyle products such as bags, notebooks, laptop sleeves, among others. The firm also plans to add skin care and fashion offerings
1 min read29 May 2019The Chinese e-commerce firm is likely to make more vertical e-commerce investments and smaller dealsThe potential shift in strategy follows Alibaba’s disappointments at some of its large e-commerce bets in India
3 min read6 May 2019According to estimates by Jefferies, online retail is currently 25% of the total organised retail market: by 2030 it can jump to 37%Indian online shoppers currently spend ₹12,800 per shopper per year; that number is expected to rise to ₹25,138 by FY 30
2 min read19 Apr 2019Currently, the total online retail in the country is pegged at 18 billionSpends per online shoppers, which is estimated at ₹12,800 is expected to increase to ₹25,138 by FY30, according to a Jefferies report
1 min read18 Apr 2019Amazon says it's a marketplace and shouldn't be held responsible to comply with laws applicable to productsAmazon rivals, Walmart-Flipkart and Snapdeal, have removed the mobile signal boosters from their websites
2 min read12 Apr 2019The state has no right to mine our personal data just because we are citizens of this country
4 min read26 Feb 2019Bluestone Jewellery is looking to finalize a funding deal in the next couple of months, says CEO Gaurav Singh KushwahaBluestone will use the funds to grow offline stores to 300 in the next three years, says CEO Gaurav Singh Kushwaha
1 min read12 Feb 2019Lawyers representing Amazon and Walmart have been toiling without pause to stitch together new dealsDespite Cloudtail’s return to Amazon.in, thousands of products remain missing from the virtual shelves of Amazon and Flipkart
3 min read7 Feb 2019The 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