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.
A day after announcing plansto invest USD 10 billion in India, Japanese telecom group SoftBank today bought a major stake in Snapdeal.com for USD 627 million to strengthen its presence in the growing online market in the country, as per a report in PTI.
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
To most of us, a world without e-commerce would sound absurd now. From making e-payments for electricity and water bills to sending flowers and cake on your spouse's birthday, everything seems to have taken an online avatar. Offering a way to trends like
Traders body CAIT today said it will launch a nationwide movement from October 31demanding the government to create a regulator and regulations to govern the online retail market in India, says a PTI report.
E-tailer Amazon on Wednesday said it has launched a store on its online marketplace featuring a wide selection of home appliances such as refrigerators, washing machines, air-conditioners and dishwashers, says a PTI report.
New Delhi: After receiving "many complaints" from traders on Flipkart's massive discount sale, the government on Friday said it will look into the concerns and take a call on whether more clarity is required on e-commerce retail business.
E-commerce firm, Snapdeal today said its marketing campaign for the festive season received good response from consumers as it managed a growth of 100 per cent in sales for categories like apparel, footwear and electronic gadgets, says a PTI report.
Triggering a price war in mobile Internet segment, telecom operator MTS India today launched new schemes with a price reduction of about 33 per cent in its high-speed service offerings, according to a PTI report.
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.
Its raining jobs in the e-commerce space as this segment could grow at 20-25 per cent over the next 2-3 years in terms of jobs, salaries and growth, which in turn could create at least 1,50,000 jobs, says a PTI report.