maharashtra | Pixr8 News

Flipkart Makes it Compulsory for Sellers to Use its Branded Packaging

28Sep By Gauri SinghNo Comments

News

Flipkart Makes it Compulsory for Sellers to Use its Branded Packaging

The Indian e-commerce giant Flipkart has announced that the company has made it compulsory for all sellers on its platform to use only Flipkart-branded packaging for delivering goods to consumers. The company says that this move would be environment-friendly and cooperative with regulations in states such as Maharashtra where single-use plastic have been banned. The retail major has stated that the sellers that do not follow the rules will have to face consequences. The company will penalize non-compliant sellers by blocking their accounts or not delivering their orders. The policy has been launched a few weeks before the festive sales are set to begin. “This is a restrictive policy and is being forced through account suspension,” a spokesperson for the All India Online Vendors Associa...

Online Shopping to become costlier post Maharashtra Plastic Ban

20Jun By Lavina TolaniNo Comments

INDIA

Online Shopping to become costlier post Maharashtra Plastic Ban

Regular online shoppers might feel a little disappointed as Maharashtra government has banned the use of plastic which might result in a costlier online shopping in coming months. Post the plastic ban, e-commerce industry has come to alert adopting use of corrugated box particles and paper softeners to package products shipped outside as well as inside Maharashtra, which will result into a rise in packaging price thereby elevating the delivery cost. Additionally, some e-sellers have also increased the thickness of cardboard boxes that are more expensive than plastic packing. This is the reason e-commerce companies are planning to charge the extra cost from buyers. Notably, Paper packing costs higher than plastic and thermacoal packing by as much as 50 to 70 per cent. In such a sce...

ED’s Questioning to Raj Kundra for Bitcoin Scam Brings Out Other Celebrity Names

8Jun By Gauri SinghNo Comments

News

ED’s Questioning to Raj Kundra for Bitcoin Scam Brings Out Other Celebrity Names

Popular Bollywood actress Shilpa Shetty’s husband and businessman Raj Kundra was questioned by the Enforcement Directorate (ED) for eight hours Tuesday against being a witness in the act of concealing the origin of illegally obtained money related to the Rs 2,000 crore bitcoin scam in Maharashtra. Kundra was cited at the ED office in Mumbai in the morning and asked questions in this regard. The founder of GainBitcon, Amit Bhardwaj, who was the mastermind behind this fraud had earlier been arrested along with his brother Vivek in April for a criminal case under the Prevention of Money Laundering Act (PMLA) against cheating more than 8,000 people for Rs 2,000 crore. Kundra's name turned up in the report following alleged links with Bhardwaj. This isn’t the first time that Kundra has faced...

Maharashtra Chief Minister Launched Job Portal For Job Seekers

31May By AnkitaNo Comments

INDIA

Maharashtra Chief Minister Launched Job Portal For Job Seekers

Maharashtra Chief Minister Devendra Fadnavis today launched a web portal Mahaswayam that will cater to job seekers, employers, entrepreneurs, and training institutes who can avail details regarding skill development and employment. Earlier, the state government ran three different portals- Maharashtra State Skill Development Society (MSSDS) portal for Skill Development, Maharojgar for employment and Mahaswayamrojgar for entrepreneurship. These three have now been merged into Mahaswayam, making it easier for all beneficiaries as well as the state to keep a track of the demand and supply of workforce. Skill Development and Entrepreneurship Minister Sambhaji Patil Nilangekar, who was also present at the launch said, "It was important to get all the three sectors on one platform to en...

Foxconn $5 Billion Investment is Not Going Anywhere, Says Devendra Fadnavis

30Oct By Press Trust of IndiaNo Comments

INDIA

Foxconn $5 Billion Investment is Not Going Anywhere, Says Devendra Fadnavis

As per the news that Taiwan-based tech giant Foxconn may shy away from its proposed USD 5 billion investment in Maharashtra, Chief Minister Devendra Fadnavis today said the company is "not going anywhere" and hoped issues raised by it will be resolved soon. "Foxconn had issues pertaining to the Central government. The company wants its manufacturing costs here to match those in China," he said while speaking to reporters at his residence 'Varsha' here. The world's largest electronics contract manufacturer plans to set up manufacturing units in India, which boasts of the world's second-largest base of mobile phone users, to mitigate rising labour costs in China and also lower manufacturing cost of iPhones. Fadnavis said the company, which counts Apple, Xiaomi, Blackberry and Amazon...

30Mar By AnkitaNo Comments

INDIA

Gujarat, Maharashtra Together Contribute 46 Percent To India’s Exports: Report

According to an ASSOCHAM study on 'Export Performance of States', the analyzed data between 2007-08 and 2014-15 reports that Gujarat and Maharashtra account for more than 46 percent of the merchandise consignments from the country and with the addition of three next best performing sources of shipments, the top five states claim over 69 per cent of India's entire export earnings. While Gujarat and Maharashtra have been vying for the top spot, the latter became the best performing states shipping goods worth USD 72.83 billion in 2014-15. Gujarat had export shipments of USD 59.58 billion in the same period while Tamil Nadu emerged as the third largest sourcing state with USD 27.47 billion of the consignments, noted the study prepared by ASSOCHAM Economic Research Bureau. Though Gujarat...