Chinese mobile brands are deeply entrenched in the Indian market. A move to bar them may send a bold diplomatic message. But its cost for the local industry is anybody's guess. In the event that Chinese brands face curbs, two handset makers - Samsung and Apple - squarely stand to gain.
Billionaire Mukesh Ambani's Reliance Industries has started a limited test use of WhatsApp to connect customers to grocery stores, days after Facebook decided to invest USD 5.7 billion in digital assets controlled by the company. JioMart, an e-commerce venture of Reliance Retail, "has already started interacting with customers on WhatsApp for grocery orders" in Navi Mumbai, Thane and Kalyan, Credit Suisse said in a report.
Today, India is one of the fastest-growing eCommerce markets in Asia/Pacific along with China.
For last two months, much of the discussion, a large part of due diligence, agreement negotiations, etc, have happened remotely.
Ramping up e-commerce operations and going beyond its current strongholds are key challenges for the grocery chain in its battle with Mukesh Ambani's retail behemoth.
The Korean giant Samsung will be hiring them.
The apex court also restrained e-commerce websites like Flipkart and Amazon from selling firecrackers which are beyond the permissible limit.
On the investor side, we realised most of the funds have foreign capital, thus closing down the opportunity to the Indian investor.
A grouping of Indian and Indian-origin professionals working with tech giants like Google, Uber, Amazon and Facebook have written an open letter against the new religion-based citizenship law and the planned national register of citizens, terming them as "fascist". The letter by 'TechAgainstFascism' on online publishing platform Medium also urged the leaders to refuse to shut off the Internet at the "government's whim" and to ensure that content moderation is not skewing pro-government.
Make no mistake, Reliance's entry into Indian e-commerce cannot be taken lightly. It is akin to a combine of AT&T and Wal-Mart challenging Amazon on its home turf, says Shailesh Dobhal.
The 24-hour delivery offer applies only to select postal codes and is not available across the country.
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.
However, in recent times, the clout that trader bodies such as CAIT and other organisations like Swadeshi Jagran Manch and Laghu Udyog Bharati has is steadily increasing. Earlier this year, trader bodies were able to convince the government not to extend the deadline for implementation of the new norms in FDI policy on e-commerce.
US start-ups crash and burn frequently, so why the concern about start-up losses in India? The principal reason, says Kanika Datta, is that Indian start-ups clone ideas from the US. Flipkart, Ola, Oyo, Paytm are all variations of ideas developed in the US.
Ajit Balakrishnan offers a thinking man's guide to the state of ecom in a nation of shopkeepers.
The proposed e-commerce rule book issued recently by the ministry of consumer affairs does not mention foreign companies or foreign direct investment (FDI) at any place, unlike most other government guidelines for the sector so far. That is a heartening development since the latest proposals could be fine-tuned as e-commerce policy.
The numbers in India may not be as big but the opportunity for serious growth is all there.
Irrespective of demonetisation and GST blues, IIM Lucknow has been able to successfully place their batch of 459 students.
The company has tied up with five distributors this year.
Prominent recruiters were Flipkart, Urban Ladder, AskmeBazaar etc
The expansion into smaller towns is coming at a time when the online retail space has not only seen consolidation but is actually looking to collaborate with physical stores. Abhineet Kumar reports.
'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.'
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.
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Big brands are keen to tie up with IPL for advertising purposes.
With aggressive brand-building initiatives, the companies' advertising budgets ahead of Diwali is understood to have seen a 15% spike
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.
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.
Most technology companies such as Infosys and Wipro, multinationals such as Amazon and IBM, and start-ups such as Flipkart have made the city their home thanks to its salubrious climate, cosmopolitan culture, and the ability to get talent locally
As Indians scrambled to exchange the banned notes for new currency, Paytm, Sharma's digital payments startup, went on a promotional spree, inviting Indians to start using Paytm's digital wallet to pay for everyday goods and services.
As per market estimates, the new round would value the city-based firm at about $ 4-5 billion.
Jack Ma is learnt to have discussed about e-commerce, mobile telephony
These risks are viewed as more acute in the online world.
Mukesh Ambani is stringing in new partnerships within the Reliance ecosystem with the best in global business -- from Facebook, Google and Microsoft to umpteen sovereign wealth funds and a soon-to-be-declared strategic partner in a big global retailer, notes Shailesh Dobhal.
Bringing in people with large corporate experience also helps in bringing in world class processes in quality and compliance
Marquee recruiters made premium offers, with consulting leading the pack by making 25.04% of the offers, followed by IT/ITeS (18.59%), e-commerce (10.55%) and BFSI (10.13%).
SBI Cards on Tuesday launched a credit card especially meant for transactions on e-commerce websites.
India's tech start-ups are following Silicon Valley's lead and embracing the "fail fast" culture.
Those In Need bridges the gap between volunteers and NGOs looking for the right candidates, says Sneha Bhattacharjee.
To make the service a hassle-free everyday option, Daily will allow users to schedule their meals in advance or opt for a daily, weekly or monthly subscription.
With regard to his investment in Ola, Bansal said that on the one hand, the ride-hailing major had emerged as a global force in the mobility space and on the other it continued to build deeper for various needs of a billion Indians through its platform. This is the largest funding by an individual in the app cab.
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