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.
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
The draft favoured up to 49 per cent foreign equity in inventory model in the case of 100 per cent made in India products sold through Indian management-controlled platforms with resident Indian founders/promoters.
Over the last 12 months, thanks to bold bets by venture capital firms like Sequoia, SoftBank Vision Fund, and foreign strategic investors like Naspers, pipeline of start-ups with potential to achieve $1 bn in valuation is at an all-time high.
Paytm e-commerce plans to add close to a billion products from across the globe to its platform before the festive season this year.
The US president's stance on immigration could lead to a change in H1B visa rules.
Flipkart will need $2 bn annual profit to make Walmart investment viable, which will mean yearly revenue of $100 bn
It is watching e-commerce policy fineprint before spelling out India plan
Jeff Bezos of Amazon tops the list for the second consecutive year with networth of $147 billion.
'There will be partnerships between banks and fintech firms, but there will also be areas where they will be direct competitors.'
'The BJP has shown signs lately of returning to its trader mindset.' 'Several strong emotions get meshed in this: Nationalism, protectionism, mercantilism, and arrogance,' points out Shekhar Gupta.
Mjunction plans ventures for chartering ships and selling tea to businesses.
The government, in February, had released the draft national e-commerce policy proposing setting up a legal and technological framework for restrictions on cross-border data flow and also laid out conditions for businesses regarding collection or processing of sensitive data locally and storing it abroad.
The new deal will value Flipkart at close to $19 billion on the secondary market, a huge jump from Walmart's initial offer to investors.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
The fashion entrepreneur owns two apparel brands Bhane and Veg Non Veg.
Having grown swiftly since the acquisition of Flipkart by Walmart in 2018, it was looking at a valuation of $10 billion. However, factors such as lack of diversification, new e-commerce and data policies, as well as the overall investment environment, have slowed the process.
For last two months, much of the discussion, a large part of due diligence, agreement negotiations, etc, have happened remotely.
'One out of three phones sold in India is a Xiaomi phone.'
Experts say data localisation and sharing is probably the single-biggest detriment that the draft policy talks about, the rest have no or minor repercussions on the players
In the past few days, many companies, including fashion e-tailer Nykaa, food delivery platform Zomato, logistics and delivery firm Delhivery, insurance discovery platform PolicyBazaar, eyewear retail chain Lenskart, and edtech and online tutoring firm Byju's, have openly spoken about their IPO plans.
Investors are sceptical that the economy could have picked up so much steam.
The brand plans to open about 40 franchise-operated Gap stores in India, the company said in a statement.
The rises in the sector follow an increasing churn rate.
Among other things, taking note of complaints against several Chinese e-commerce players such as Shein, Ali Express etc for sending shipments as 'gifts' to customers in India and avoiding duties, the government has now mandated that all e-commerce sites and apps must have a registered business entity. This will be the importer on record and subject to customs rules, report Subhayan Chakraborty, Neha Alawadhi and Karan Choudhury.
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Dismisses speculation that he would launch a major e-commerce initiative soon.
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.
Joint venture to take on Amazon will be announced next week.
First phase of online video's growth is over. Netflix, Amazon developing new content ecosystem.
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.
T E Narasimhan/Business Standard reports from Chennai on how the Future group plans to shore up its small store network in the South.
With consumers staying indoors and e-commerce firms extending their reach to a larger number of pin codes, these giants have snatched a larger share from the offline traders this season.
If the product is genuine, denial is violation of consumer laws.
To collaborate with Flipkart and Amazon for online sales.
At Rs 20,000 crore (Rs 200 billion), e-commerce has seen one of the fastest rates of growth in investment activity this year.
While the government's recent moves may have been necessary in some cases, these would have an adverse impact on the investment cycles of some of these companies. The marquee global names are suddenly finding themselves out of favour as local flavour is gaining currency in the run up to 2019 elections.
On the investor side, we realised most of the funds have foreign capital, thus closing down the opportunity to the Indian investor.
Pragmatism and flexibility is a virtue. An untethered and short-term approach to policymaking is a flaw, argues Mihir S Sharma.
He said he will be 'cheering from the outside' and urged Flipkart team to continue with the momentum.
India's e-commerce market grew 27 per cent in 2014 to $3.8 billion.
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