All stories by Peerzada Abrar
Indian economy in better shape to tackle Covid 2nd wave: CEA SubramanianRediff.com17 Apr 2021
'Overall, compared to the previous episode, we are in a better shape because the vaccine is already out there and vaccination drives are proceeding'
How Xiaomi passed the Covid lockdown testRediff.com16 Apr 2021
'One out of three phones sold in India is a Xiaomi phone.'
Byju's buys Aakash Educational Services for $1 bn over Zoom callRediff.com6 Apr 2021
The stock-and-cash deal is the biggest in the education space.
Udaan, 'Bharat ka e-commerce' see huge surge in businessRediff.com31 Mar 2021
Categories such as lifestyle, food and electronics accounted for over 1,350 sellers across the country last year.
Foreign e-com cos creating massive unemployment, alleges RILRediff.com23 Mar 2021
Capital dumping is being used by foreign e-commerce firms to subsidise and engage in predatory pricing, oil-to-telecom conglomerate Reliance Industries (RIL) has told the Associated Chambers of Commerce and Industry of India (Assocham) in an internal document. The document alleges that this is leading to massive unemployment and financial distress among small merchants and kirana stores. It consists of various recommendations and proposed changes that deal with Press Note 2 of 2018 (PN 2), which RIL wanted Assocham to present to the government, according to sources.
Has Amazon actually broken India's e-commerce laws?Rediff.com19 Mar 2021
Last November, a lawyer for Future Retail Limited (FRL) told Delhi high court that Amazon is interfering with its lawful business and thousands may lose their jobs and FRL may go bankrupt. Senior advocate Harish Salve, who appeared for FRL, likened Amazon to East India Company. Senior advocate Gopal Subramanium, who represented Amazon, told the Future counsel to keep the "East India Company" rhetoric aside, as Amazon has invested $6.5 billion all over India and created 900,000 jobs. This drama played out in the case in which Amazon has challenged Future's $3.4-billion deal with Reliance, alleging the retailer's deal breached an agreement with the American e-commerce firm.
E-com firms want govt to 'tweak' existing export policiesRediff.com9 Mar 2021
E-commerce firms and sellers including Amazon and eBay have made recommendations to the government for a differentiated policy framework for e-commerce in the revised Foreign Trade Policy (FTP) which is expected to come into effect from April 1, 2021. This is because the existing policies on exports have catered largely to traditional, offline and business-to-business exports. Suggestions have been made to the government that through the FTP, it is important to create a conducive policy framework for e-commerce exports that lowers the entry barrier for small businesses to start exporting, according to the industry sources.
Flipkart keen to add Cleartrip to its cartRediff.com3 Mar 2021
Apart from air travel, Flipkart would also be able to offer train bookings through Cleartrip.
Uber's business shows strong recovery signs post lockdown in IndiaRediff.com2 Mar 2021
As Indians start travelling in the new normal, strong recovery in smaller towns underscores success for ride-hailing giant's 'India to Bharat' strategy, which offers new products in regional markets.
India set to have 150 unicorns by 2025Rediff.com2 Mar 2021
$47.6 bn capital invested across 921 deals in India in 2020, despite pandemic.
Amazon partners with Mahindra Electric to include EVs in delivery fleetRediff.com24 Feb 2021
How Covid changed the lives of Amazon India's employeesRediff.com21 Feb 2021
From virtual yoga to empathy, the pandemic has prompted the e-commerce giant to double down on building innovations focused on improving remote work culture especially employee well-being, both mental and physical.
'We are the eyes and brain of the missile'Rediff.com15 Feb 2021
'Our sensors allow the missile to locate and identify the target even if it's on the move.'
Ola to deploy robots at its electric scooter factoryRediff.com12 Feb 2021
Ola's factory will create 10,000 jobs and serve as the company's global manufacturing hub for India and international markets.
How Amazon Academy will help students crack JEERediff.com14 Jan 2021
Live lessons help students strengthen their JEE preparation. They can also track their progress over time, identify strong and weak areas, get insights on overall test-taking strategy.
The most prominent changes deal with how WhatsApp shares information with Facebook and its subsidiaries.
Future-RIL deal: Next phase of Bezos-Biyani battle to begin in SingaporeRediff.com6 Jan 2021
The development of the constitution of the tribunal comes at a time when the Delhi high court in December 2020 refused to restrain Amazon from interfering in Future Retail's deal with Reliance Retail by writing to statutory authorities.
In a way, pandemic was a boon for Indian e-commerce firmsRediff.com1 Jan 2021
E-commerce firms like Amazon, Flipkart, Myntra and others witnessed successful festive season sales this year, Experts say e-commerce adoption in the country is accelerating by multiple years or what it would have looked like in 2025.
Pine Labs' valuation tops $2 bn post fundingRediff.com22 Dec 2020
This makes it the most valued fintech company in the country after Paytm and Walmart-owned PhonePe.
Chinese hackers targeted Indians with e-shopping scamsRediff.com19 Dec 2020
'E-commerce scams are not new, but what s more alarming is the covert cyber warfare the Chinese entities are launching in India on a repeated basis.'