March 20th, 2016Chinese e-commerce major Alibaba Group is planning to enter India this year and is looking at opportunities to build the business organically or through other means.
"We are planning to enter the e-commerce business in India in 2016. We have been exploring very carefully the e-commerce opportunity in this country, which we think...
March 19th, 2016IANS- Refuting media reports that Flipkart CEO Binny Bansal's email account has been hacked, the etailer on Friday said it was spoofed but not hacked.
"We would like to clarify it is not a case of hacking. Flipkart's corporate email system leverages the highest standards of security including but not limited to two factor...
March 9th, 2016Commerce is becoming pervasive – every interaction with a consumer is an opportunity to inform, educate, and sell products. In order to become Product-Aware (as businesses today are location-aware) businesses are going to need reliable and comprehensive product information for making informed decisions. Product awareness is nothing...
March 1st, 2016The union budget for 2016-17 was a mixed bag for the Indian IT industry and start-ups, which witnessed very few proposals with caveats, the industry’s apex body Nasscom said.
“The budget is a mixed for the technology and services sector, as clarification and simplification boost business and more technology adoption in...
February 20th, 2016GrabOn, a leading company dealing in online coupons and deals venture announced the opening of their first e-commerce office in Hyderabad, Telangana. A company launched by Landmark IT Solutions, GrabOn focuses on online coupons and deals supported by an easy-to-use interface catering to the needs of all Indian shoppers. GrabOn’s...
February 10th, 2016In February 2010, a fresh-faced engineering graduate cold-called India’s hottest e-commerce startup at the New Delhi World Book Fair. Ankit Nagori had heard of Flipkart, a Bengaluru-based startup that had broken new ground by selling books online ever since it acquired its first customer in October 2007. Compared to the heavyweight...
January 30th, 2016Alibaba.com, the wholesale trading platform of China's Alibaba Group, today unveiled its first physical trade facility centre in the country at Jaipur and a Hindi portal, aimed at connecting small and medium businesses with global buyers.
"We are excited about working with our Indian partners to provide comprehensive and dedicated...
January 28th, 2016AFP- Chinese e-commerce giant Alibaba revenue jump 32 percent year-on-year for the quarter ending in December, it said in a statement Thursday, despite slowing growth in the world's second-largest economy.
Alibaba, which dominates the consumer-to-consumer market in China, said revenue reached $5.33 billion (CNY 34.54 billion or...
January 28th, 2016Myntra, part of Indian's biggest e-commerce company Flipkart, said it expects to turn profitable by the end of next financial year as the online fashion store looks at slashing discounts and curbing supply-chain costs.
Shopping online is becoming more popular in India due to the rising use of cheaper smartphones and India's e-commerce...
January 13th, 2016Smytten is enhancing the way affluent Indian consumers discover, interact with, and purchase premium products and services. It was launched in October 2015 by ex-Unilever and Google executives, Siddharth Nangia and Swagata Sarangi. Siddharth and Swagata were studying at ISB Hyderabad when they first met.
Post-graduation, Swagata was...
January 12th, 2016In latest issue of Fortune 500 magazine, Jeff Bezos, Amazon CEO portrays as a Hindu god Vishnu on cover page. The move is highly criticized the Indian community in the US over “trivialisation of their venerated deity”.
In International edition of the January issue, Fortune Magazine features a story about Amazon’s expansion in...
January 5th, 2016An FIR has been registered against the CEO and founder of an e-commerce major for allegedly selling popular Maggi noodles online during the ban period, in five Indian states.
A case was registered yesterday against CEO of Snapdeal Kunal Bahl and its founder Rohit Bansal for online sale of Nestle's instant noodles in five states...
