News for 'Amazon India and Flipkart'

Govt unveils draft e-commerce norms

Govt unveils draft e-commerce norms

Rediff.com5 Aug 2019

Among key guidelines, the e-commerce companies will also be required to ensure that personally identifiable information of customers are protected.

IPL promises to be bigger, better

IPL promises to be bigger, better

Rediff.com24 Mar 2019

Urvi Malvania looks at what is in store for the IPL's 2019 edition.

Six years after Maggi controversy, Marico serves up instant noodles

Six years after Maggi controversy, Marico serves up instant noodles

Rediff.com20 Feb 2021

The move is significant since it signals the growing importance of foods in Marico's overall strategy. It also comes six months after Marico stepped into honey, a Rs 1,500-crore category dominated by players such as Dabur.

Reliance buys controlling stake in Just Dial for Rs 3497 cr

Reliance buys controlling stake in Just Dial for Rs 3497 cr

Rediff.com16 Jul 2021

RRVL will make an open offer to acquire up to an additional 2.17 crore equity shares of Just Dial, representing 26 per cent stake, in accordance with Sebi Takeover Regulations, a regulatory filing said.

Google to seek CCI nod for Rs 33,737-cr Jio Platform deal

Google to seek CCI nod for Rs 33,737-cr Jio Platform deal

Rediff.com22 Jul 2020

The partnership will also see the two parties cooperate on technology initiatives, including development of affordable smartphones.

The new avatars of India's best known entrepreneurs

The new avatars of India's best known entrepreneurs

Rediff.com20 Mar 2017

Suveen Sinha finds out what the tribe of modern, internet entrepreneurs who no longer run their first start-ups are up to.

Companies can't refuse service for goods bought online

Companies can't refuse service for goods bought online

Rediff.com23 Oct 2015

If the product is genuine, denial is violation of consumer laws.

E-commerce policy may miss 2019 deadline

E-commerce policy may miss 2019 deadline

Rediff.com10 Oct 2019

The proposed policy is increasingly becoming an item of negotiation, as the US pushes hard to change India's stance.

'Dream job' applications dip at IIM-Ahmedabad

'Dream job' applications dip at IIM-Ahmedabad

Rediff.com18 Feb 2019

A dip in 'dream job' applications could also mean that students are bagging their desired offers in the first go itself.

Saudi Arabia's PIF invests Rs 9,555 cr in Reliance Retail

Saudi Arabia's PIF invests Rs 9,555 cr in Reliance Retail

Rediff.com5 Nov 2020

Billionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm on Thursday raised Rs 9,555 crore from Public Investment Fund (PIF) of Saudi Arabia, taking total fundraise in the last two months to Rs 47,265 crore. PIF will take a 2.04 per cent stake in Reliance Retail Ventures Ltd (RRVL), the Indian firm said in a statement. The investment values RRVL, the retail arm of Reliance Industries Ltd, at a pre-money equity value of Rs 4.587 lakh crore.

Snapdeal to raise $600-$650 mn investment

Snapdeal to raise $600-$650 mn investment

Rediff.com15 Oct 2014

Indian online retailers have been raising funds to expand and compete with bigger rival Amazon.com Inc as more Indians shop on the Internet.

E-commerce firms start to beat brick-n-mortar in segments

E-commerce firms start to beat brick-n-mortar in segments

Rediff.com13 Mar 2014

The company, which recently hit the run rate of $1 billion in gross merchandise value ahead of the target date, is the largest mobile phone retailer in the country, counting online and offline stores, estimates show.

eBay sacks India product team on day Trump was elected

eBay sacks India product team on day Trump was elected

Rediff.com10 Nov 2016

eBay says it has cut jobs at its centre in Bengaluru in favour of shifting them to other locations around the world.

Guess which IIT bagged the highest package?

Guess which IIT bagged the highest package?

Rediff.com9 Dec 2020

IIT Roorkee has so far seen the highest domestic salary rise Rs 80 lakh, up by a third from Rs 60 lakh last year.

Securing the Future of India's Internet Economy

Securing the Future of India's Internet Economy

Rediff.com23 Jul 2020

'Google and Facebook need to be tamed, their garb of 'Investing in India's future' need to be pulled off,' observes Vibhu Arya.

Is Mukesh Ambani being too ambitious with his retail plans?

Is Mukesh Ambani being too ambitious with his retail plans?

Rediff.com27 Feb 2019

While Reliance has the clout to negotiate prices with suppliers for its e-commerce, not to forget the cost advantage of integrated warehouse and supply chains, Amazon and Walmart are no pushovers, they too have deep pockets.

Secret behind the success of India's top retail chains

Secret behind the success of India's top retail chains

Rediff.com7 Feb 2019

While festive season spends by consumers did contribute to the uptick seen in Q3, experts said greater aggression displayed by retailers to corner a larger share of the shopper's wallet also worked.

Cyber Fraud Helpline: How it Works

Cyber Fraud Helpline: How it Works

Rediff.com29 Jun 2021

Since its launch in April, helpline 155260 has been able to prevent more than Rs 18.5 million of defrauded money from reaching the hands of fraudsters.

How India Inc plans to woo buyers amid COVID-19

How India Inc plans to woo buyers amid COVID-19

Rediff.com8 Jun 2020

From auto, refrigerator, and mobile handset makers to real estate firms, companies are tying up with banks to dole out attractive finance schemes and discounts to make buying more affordable.

Bezos, Nadella say much the same, but so differently

Bezos, Nadella say much the same, but so differently

Rediff.com4 Oct 2014

Bezos wears it on his sleeve, Nadella keeps it quiet

IIT placements: Rs 1 crore-plus annual packages for grads

IIT placements: Rs 1 crore-plus annual packages for grads

Rediff.com1 Dec 2017

IT, e-commerce firms to raise the bar in recruitment, packages.

Fuzzy retail policy makes Walmart move to slow lane

Fuzzy retail policy makes Walmart move to slow lane

Rediff.com25 Apr 2016

It entered India in 2006, with the aim of tapping the promising consumer market.

'Walmart will dump all the kachra in India'

'Walmart will dump all the kachra in India'

Rediff.com7 Jun 2018

'Walmart will source globally and more from China and will dump these cheap goods in India, making our country a dumping yard.'

In India, private equity firms bet big on shopping malls

In India, private equity firms bet big on shopping malls

Rediff.com13 Jul 2016

The rise of the mall in India, at a time when many in the United States are becoming debt-ridden white elephants.

Ola, Uber war hots up once again, this time over grocery delivery biz

Ola, Uber war hots up once again, this time over grocery delivery biz

Rediff.com7 Nov 2018

Ola wants to be India's answer to Grab, which is into everything, starting from cab service and logistics to bike taxis and food and grocery delivery.

Is foreign Covid aid reaching the states in time?

Is foreign Covid aid reaching the states in time?

Rediff.com10 Jun 2021

'Technology is streamliming the entire process of aid distribution and making it transparent and digital.'

Traders to worship electronic gadgets this Diwali!

Traders to worship electronic gadgets this Diwali!

Rediff.com23 Oct 2014

Along with Lord Ganesha and goddess Laxmi, electronic gadgets will also enter the pantheon of Hindu gods this Diwali.

Diwali sales may help Snapdeal reach top spot

Diwali sales may help Snapdeal reach top spot

Rediff.com4 Sep 2015

Last year, traffic jumped 15 times on Snapdeal's 'Big Sale Day' on Oct 6, when it had clocked Rs 1 crore a minute of sales over 10 hours.

Microsoft launches $500 million programme for Indian start-ups

Microsoft launches $500 million programme for Indian start-ups

Rediff.com16 Feb 2018

The company has been a part of the start-up ecosystem in a big way from early stages right up to when the companies start achieving full scale.

Paytm to hire 500 techies for marketplace consolidation

Paytm to hire 500 techies for marketplace consolidation

Rediff.com8 Apr 2019

Amid news that the company was planning to scale down its online marketplace business and eventually exit it, Paytm Mall is targeting Rs 10,000 crore in business over the next 12 months, says Karan Choudhury.

Where OnePlus sees its next big leap come from

Where OnePlus sees its next big leap come from

Rediff.com15 Dec 2018

'Almost 75 per cent of our total sales come from the top 50 cities in India.'

Tata, Reliance ready for mother of all battles

Tata, Reliance ready for mother of all battles

Rediff.com20 Jul 2021

'The competition between the two is definitely going to be of great interest to the Indian market.'

Attack on the MNC Titans

Attack on the MNC Titans

Rediff.com5 May 2017

It's a post-truth world for multinational brands and businesses too.

India must stop being the West's digital colony

India must stop being the West's digital colony

Rediff.com17 Oct 2019

'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.

V K Saxena's Road To Delhi LG via Gujarat

V K Saxena's Road To Delhi LG via Gujarat

Rediff.com3 Jun 2022

Vinai Kumar Saxena's current job as lieutenant governor of an Opposition-ruled state will raise the bar -- not just for him, but also for the Aam Aadmi Party government, which never says no to a fight with the representative of the central government in India's capital.

At Rs 9500 cr, Tatas' buyout of BigBasket will be biggest in online grocery space

At Rs 9500 cr, Tatas' buyout of BigBasket will be biggest in online grocery space

Rediff.com17 Feb 2021

The deal, which is expected to close in the next four to five weeks, will give exit to investors Alibaba, Abraaj Group and IFC. The parties are awaiting approval from the Competition Commission of India (CCI).

Mukesh Ambani bats for data privacy, cryptocurrency bills

Mukesh Ambani bats for data privacy, cryptocurrency bills

Rediff.com3 Dec 2021

Billionaire Mukesh Ambani on Friday backed the proposed data privacy and cryptocurrency bills, saying India is putting in place the most forward-looking policies and regulations. Ambani, who has been a votary of Indians owning and controlling their own data and the nation drafting strict rules around how digital information is stored and shared, said nations have the right to build and protect strategic digital infrastructure. Stating that data is the 'new oil', he said every citizen's right to privacy has to be safeguarded. "India is putting in place the most forward-looking policies and regulations," he said at the Infinity Forum, hosted by International Financial Services Centres Authority (IFSCA).

Snapdeal buys Freecharge in mobile transactions push

Snapdeal buys Freecharge in mobile transactions push

Rediff.com8 Apr 2015

Snapdeal said on Wednesday it bought online mobile recharge firm Freecharge for an undisclosed amount.

Hit by lockdown woes, smartphone makers bank on e-sales to revive growth

Hit by lockdown woes, smartphone makers bank on e-sales to revive growth

Rediff.com28 Aug 2020

After six weeks into the second half, the faltering offline channel, which traditionally rakes in 60 per cent of sales for the market, has become the biggest hurdle towards the path of revival.

81% consumers back e-commerce rules, want clarity on services-based biz

81% consumers back e-commerce rules, want clarity on services-based biz

Rediff.com5 Jul 2021

As many as 81 per cent people support having rules for consumer e-commerce, but want more services-based platforms to have more clearly defined roles, a survey by community social media platform LocalCircles has found. The survey asked respondents to answer questions based on the recent draft Rules proposed by the ministry of consumer affairs. The responses found 81 per cent consumers wanting sales of products and services over electronic or digital networks to be governed by a set of electronic commerce rules.