Even at the entry-level, professionals who have proficiency in emerging technologies will have an edge over others in these domains.
Kerala's tax authorities are also reviewing other e-commerce companies for similar discrepancies, and might fine more defaulters.
The seven Indian-Americans are cybersecurity firm ZScaler CEO Jay Chaudhry, founder and chairman of Symphony Technology Group Romesh Wadhwani, cofounder and CEO of online home goods retailer Wayfair Niraj Shah, Silicon Valley venture capital firm Khosla Ventures founder Vinod Khosla, managing partner of Sherpalo Ventures Kavitark Ram Shriram, Airline veteran Rakesh Gangwal and Workday CEO and co-founder Aneel Bhusri.
In this era of online commerce and virtual shopping, Raymond Ltd, one of India's oldest textile manufacturers and retailers, has tailor-made an offline strategy to maintain a strong foothold in the tier III and IV towns. Samreen Ahmad reports.
Many small-scale start-ups are operational in this space for some years now. Larger players, too, seem to have realised the potential and are now entering into the fray, mostly through acquisitions.
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Government seeks stakeholders' comments by Jan 30 on discussion paper.
Flipkart has not been able to process with its plans of getting into the grocery vertical and is stuck on running pilots in select cities.
Fighting fake brand peddlers. How the complex web of counterfeit goods threatens to trip e-commerce giants in the country.
Fewer e-commerce companies hired candidates from B-schools this year.
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
As advertising reaches a cacophonous pitch, as it does every year around this time, brands say they are finding newer and more effective ways to reach their audiences.
Snapdeal said on Wednesday it bought online mobile recharge firm Freecharge for an undisclosed amount.
To promote localisation of manufacturing and reduce its import bill, the government increased basic customs duty on mobile handsets - from 10 per cent to 15 per cent.
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.
Key events that rocked India Inc in 2014 and one of them is Vishal Sikka taking over reins at Infosys.
The privately-owned Hangzhou-based group, which has been in news for its impending IPO, is already sourcing human hair from the southern regions of India and has identified this category as a 'big opportunity', along with others like machinery, agro products, apparel and spices.
Men and women from mofussil India are buying designerwear either on their laptops or their cellphones.
Amazon committed a fresh investment of $3 billion, in addition to the $2 billion it announced in 2014.
Why should Reliance Digital position itself as an alternative to Chadhaji's store? It simply doesn't make good business sense, says Sudhir Bisht.
If Aldo, Charles & Keith, Hush Puppies, Steve Madden can do it, why can't Woods?
Portal to be launched in three months, says Future Group's Kishore Biyani
Entirely new businesses have been built using data to disrupt traditional companies.
'We want to look at very strong entrepreneurial teams.' 'I want to focus on a full team and not just the entrepreneur, which is building innovative and amazing differentiated businesses in large markets.' 'We also look at business models that are proven and have reasonably good gross margins, which show that this is where a lot of value is getting built.'
Tax collection at source would lock in Rs 400 crore of seller money, say Flipkart, Amazon, Snapdeal.
While e-commerce operations for these firms are small at the moment, it is slated to grow in the next 3 to 4 years.
So what's up? Why are so many promoters heading for the door? It cannot be that all of them lost their appetite for a good fight at the same time.And if Naresh Goyal of Jet Airways and Subhash Chandra of Zee Entertainment do bow out, will it be seen as chickening out when the going got tough or the entrepreneurial instinct of surviving to fight another battle waned, wonders Shailesh Dobhal.
The fixed line broadband will offer "ultra high-definition entertainment on large screen TVs, multi-party video conferencing from your living room, voice-activated virtual assistants, virtual reality gaming, digital shopping, immersive experiences," Ambani said.
'Big Billion Day' scheduled for October 6 is inspired by flat number where co-founders began their journey.
The international investors who are investing, merging and shaping India's new ecommerce start-ups are betting that if China can produce an Alibaba with an expected market value of $ 170+ billion market value when it does its IPO, India should produce at least one or two with a $5bn+ market value, says Ajit Balakrishnan.
Not only is the number of native language users set to grow faster than English users over the next five years, these users are more likely to lead a more active digital life. Arundhuti Dasgupta & Urvi Malvania find out how brands are rethinking digital marketing plans to accommodate this.
The guidelines say sellers will be solely responsible for warranties and guarantees.
The market is abuzz with the talk of Snapdeal raising up to $600 million (Rs 3,600 crore) with new investors such as Japan's Softbank and Japanese e-commerce company Rakuten.
E-commerce companies are seeing an increase in demand for products such as fresh fruits and vegetables, milk, flour, rice, and lentils, and personal hygiene items like sanitisers and soaps and household cleaning products. Other products include instant noodles, baby food and Ayurvedic items. "There is even a huge spike in pet food," said a person.
In the new decade, the scene will change because the banks till recently had been challenged by the fintechs, but the techfins have now entered the arena, observes Tamal Bandyopadhyay.
The company has tied up with five distributors this year.
According to the job portal TimesJobs.com's job index Recruittex, the top hiring industries are healthcare, petrochemicals/oil and gas, consumer durables/FMCG and automobiles/auto ancillaries.
On Tuesday, while several consumers took to social media to share their grievances about the Snapdeal site crash, many others said they visited the website to either compare prices or for window shopping.
Nokia launches Nokia 7 Plus, 8 Sirocco series in India; relaunches Nokia 6 with new features.
What sets 2018 apart from previous years is the magnitude of the shocks that hit our brand ecosystem, says Bharat Bambawale.
The $12 billion plus rising Indian e-commerce business market is witnessing a rush of hiring and may need one lakh people over the next six months, industry experts have said.
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