In a bid to leverage the rapidly growing eCommerce space, the West Bengal circle of the postal department has approached various industrial bodies with a plan to create an online marketplace for the local traders.
E-commerce firm HealthKart is betting big on the multi-billion health and nutrition market in the country as an increasing number of people go online to buy products like health supplements and testing kits, says a PTI report.
The "euphoria" over the scorching pace of e-commerce market in India will last about 18 months as things begin to settle down and "reality" sets in, says a PTI report quoting the Future Group chief Kishore Biyani.
The multi-billion dollar Indian eCommerce industry is set to see consolidation in the next 4-5 years with only 2-3 big players surviving the market "bloodbath", says a PTI report quoting the research firm Spire Research and Consulting.
Aiming to garner $ 1 billion sales from fashion category, online marketplace major Snapdeal has partnered with Fashion Design Council Of India (FDCI) to foray into premium designer-wear segment, says a PTI report.
Union Commerce and Industries Minister Nirmala Sitharaman today said there was no inquiry into complaints against e-commerce giant Flipkart of predatory prices of goods and unfair trade practices during its recent 'big billion day sale', says a PTI repo
Expressing concerns over huge discounts being offered by e-commerce firms, traders body CAIT today asked the Commerce and Industry Ministry to take steps to monitor and regulate online businesses, says a PTI report.