Morgan Stanley writing down its investment in the e-commerce leader by 27 per cent does not augur well for the sector.
Diane Wang's DHgate makes inroads into India's e-commerce ahead of Jack Ma's Alibaba.
Leading up to Valentine's Day on February 14, quick-commerce platforms like Blinkit and Swiggy Instamart have witnessed a phenomenal uptick in the sales of products related to the occasion, such as roses and chocolates. Meanwhile, e-commerce giants like Amazon and Flipkart have gone live with their respective Valentine's Day sale events, offering generous discounts on products. Sales of chocolates and roses on Zomato-owned Blinkit shattered previous records at the beginning of this year's Valentine's Day week, on February 7, which is celebrated as Rose Day.
'Alongside economic growth and the Asian century, stress has become an Asian caravan.' 'But stress doesn't arrive in one's country as invitation to taste exhaustion. It comes dressed as a challenge.' 'Its evangelists ask: Are you man enough to shoulder stress?' points out Shyam G Menon.
It all started with Flipkart and Amazon trying to outdo each other - after Flipkart announced $1-billion fund-raising in July.
Irdai's push will make insurance cheaper for consumers and enable a consolidated view of all policies.
He also pointed out the high sums earned by the coaching centres leading to the commercialisation of education.
Prime Minister Narendra Modi on Thursday suggested the G20 trade ministers to work collectively to ensure equitable competition between large and small sellers as there are challenges in the fast growing cross-border e-commerce. In a video message at the G20 Trade and Investment Minister's meeting here, he also emphasised on the need to address the problems faced by consumers in fair price discovery and grievance handling mechanisms. "Digitising processes and use of e-commerce have the potential to enhance market access. "I am glad that your group is working on the 'High Level Principles for the Digitalization of Trade Documents'. These principles can help countries in implementing cross-border electronic trade measures, and reduce compliance burdens.
He seems to have struck a chord with young entrepreneurs.
Fewer e-commerce companies hired candidates from B-schools this year.
Physical format stores are here to stay.
The Centre is unlikely to offer new direct tax incentives for units operating in special economic zones (SEZs) and may instead allow the grandfathering of previous exemptions that such units were entitled to, according to proposed amendments to the SEZ Act, 2005, people aware of the matter said. The amendments, proposed by the commerce department, will soon be considered by the Cabinet for approval. This represents a departure from the department's earlier plan to introduce these changes through the Development Enterprises and Services Hubs (DESH) Bill, 2023, which faced strong criticism from the ministry of finance.
India is world's one of the biggest e-commerce markets.
Pakistan's newly-elected President Asif Ali Zardari on Tuesday announced that he would not draw any salary during his tenure as part of his bid to help the cash-strapped country face the challenging economic hardship.
Flipkart and Snapdeal take a cue from Amazon even as they differ on who is ahead in the race
Developers in India now have expanded access to Google's powerful AI models with the 2 million token context window in Gemini 1.5 Pro and Gemma 2, the next generation of open models.
IndusInd Bank, has recently launched www.themorestore.com only for its credit card and debit card holders
Access to capital for sub-standard companies is on the decline
Despite having the third-largest internet user base in the world, India does not feature in the top ten e-commerce markets
Families of farmers along with fellow villagers at many places in Punjab, which had once remained the epicentre of the farmers' agitation, will prepare 'ladoos', 'jalebis', 'barfi' and other sweets to welcome them, farmer leaders said.
GST mop-up likely to fall in May, June after touching record levels in April and March.
The devotion to the deity is such that even commerce is not untouched by the spiritual feel in the holy city. Images of the grand temple is finding places even on visiting cards, posters, calendars and even signages.
India and the US have signed an agreement to promote innovation through increasing cooperation among startups, address regulatory hurdles and share best practices on fundraising by entrepreneurs, an official statement said on Wednesday. The memorandum of understanding (MoU) on enhancing innovation ecosystems through an innovation handshake under the framework of India-US Commercial Dialogue was signed on November 14 in San Francisco. Commerce and Industry Minister Piyush Goyal is in San Francisco.
'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'
Floats discussion paper for stakeholders' feedback with a deadline of January 28.
Severe skilled, unskilled shortage threatens to pull emergency brakes on India's industrial engine.
Ebay India MD Latif Nathani says that Indian ecommerce has a long way to go before catching up with the Chinese market.
With a growing penetration of the Internet, which reaches to rural areas of the country, the retailers would be able to deepen their market
Tata has invested in close to 10 companies, mostly in the e-commerce space, including Snapdeal and Chinese handset maker Xiaomi.
According to an Andhra government statement, Naidu 'reposed confidence' in the PM's leadership.
The welfare schemes of the government, particularly Lakshmir Bhandar, have had a major impact on the electoral outcome.
Business success often involves a combination of planning, implementation, and continuous learning, says rediffGURU Harsh Bharwani.
India's internet subscriber base is 100-150 million, depending on whose estimates you take, and is growing at 20-30% a year.
Explore, engage, participate and excel in as many co-curricular activities and hackathons as possible to improve your self-confidence, communication skills and overall personality, advises rediffGURU Chocko Valliappa.
Flipkart's model is a money guzzler
High return rates in the e-commerce space are making a dent in the margins of e-retailers.
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India's trade deficit widened to $20.1 billion in May because of high gold imports while exports declined by over a per cent, raising concerns about economic recovery.
'Das is friendly, but he finally does what he does. The quality of engagement is very good.'
Food delivery major Swiggy has received approval from its shareholders for a $1.25 billion initial public offering (IPO), according to filings made with the Registrar of Companies sourced by Tofler. The Bengaluru-based firm plans to raise as much as Rs 3,750 crore (around $450 million) via a fresh issue and up to Rs 6,664 crore (around $800 million) through an offer-for-sale (OFS) component, the filings stated.
'The most powerful lesson I have learned is to observe discipline, always show up and work hard enough if you have the will to win.'
