SBI Cards on Tuesday launched a credit card especially meant for transactions on e-commerce websites.
In spite of the mega IPO of Alibaba, Flipkart-Myntra is not thinking of a public offering at this point
According to CAIT, e-commerce policy should take within its ambit not only foreign players but also domestic ones.
The threat may be a decade away, but it has brick-and-mortar sellers rethinking their strategies and banking on the govt to regulate online companies.
The final policy may be out only after formation of the new government, according to sources
"Not a single step has been taken by this government to empower small businesses in India," says Praveen Khandelwal, national secretary general of the Confederation of All India Traders and former treasurer of the Bharatiya Janata Party's Delhi unit.
The Centre has slapped as many as 148 notices on e-commerce players in the past three months for not complying with the mandatory display of the 'country of origin' tag on products sold. "Of the 148 notices, 56 have compounded it (the offence) and paid up around Rs 34 lakh," a senior official told Business Standard. "Every product has to display the country of origin, along with other basic information," the official added. In the case of e-commerce companies, these details have to be clearly displayed on their portals.
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
rediffGURU Dr Ganesh Natarajan offers advice on how to build and scale your first start-up.
Players are stepping on each other's toes, significant acquisitions are coming and opportunities still abound.
E-commerce companies typically stick to the gross merchandise value run rate to calculate sales.
Enrise Systems is scouting for summer interns from any business school in Andhra Pradesh for a period of 2 months.
The e-commerce sector's usage of commercial spaces was about 4.2 million square feet of the total of 17.5 million sq ft consumed in the first half of 2015.
.jpg)
Government seeks stakeholders' comments by Jan 30 on discussion paper.
Government's decision comes in the backdrop of several complaints being flagged by domestic traders on heavy discounts being given by e-commerce players to consumers.
.jpg)
The indicative salary outlook for junior employees is Rs 1.45 lakh-Rs 3 lakh per annum, while for mid-management it is between Rs 12 lakh-Rs 30 lakh per annum
In order to counter the growing penetration of e-commerce portals, the ICT industry in Gujarat is also mulling initiation of its own portal for selling products.
'The conversation is no longer just about securing funds or acquiring customers but about the long-term value of customers.'
In 2015, e-commerce contributed significantly to the growth in television advertising revenues.
Law enforcement authorities in India insist that the market-place operator be responsible that all products and services put up for sale by independent merchants.
The government believes that WTO's push for initiating negotiations on substantive obligations related to e-commerce will oblige India to permanently accept the current moratorium on imposing customs duties on products traded electronically.
Khosla said 85 per cent of Indian e-commerce firms were over-valued.
Mahindra Group is keen to expand its retail operations.
The delivery channel of India Post is being utilised primarily for small towns and cities.
E-commerce, Rs 1,000 crore (Rs 10 billion) as an advertising category, is expected to bring at least Rs 200 crore (Rs 2 billion) in ad spending next month, when there would be both Dussehra and Diwali.
Multiple levels of integrations with the bank servers are required for enabling transactions.
"We are concerned about the data localisation law and the new e-commerce regulations...they do not fully take into account the needs of all stakeholders, including American and other foreign companies," acting principal deputy assistant secretary of the US, Thomas Vajda said.
The Intel Capital India Technology Fund, with a corpus of 250,000, was established in 2005-06 in India through which tech VC has invested a lot in data centre technology, telecom and infrastructure, apart from e-commerce.
While eBay now allows users to customise hompage as per their shopping needs, Snapdeal has partnered with Hero Electric to sell new range of electric bikes.
The biggest fear many of the e-commerce firms have is the possible requirement to change business models overnight, which would drastically increase costs as well as disrupt businesses.
Three years and Rs 28,710 crore worth of transactions later, it has more than double the number of sellers than Flipkart.
Online companies would look forward to an integrated and uniform approach for tax laws and regulatory policies
The experience of 99labels, a fashion e-retailing site controlled by InfoEdge -- the same company that owns India's largest job search site, Naukri.com -- is key to understanding big changes sweeping the e-commerce sector.
The Slovak Republic's President, Peter Pellegrini, has expressed interest in adopting a tree-planting initiative similar to India's "Ek Ped Maa Ke Naam," launched by Prime Minister Narendra Modi. The inspiration came during a meeting with Indian President Droupadi Murmu, who was on a two-day state visit to Slovakia. During a tree-planting ceremony in Nitra, Murmu highlighted Modi's initiative to plant trees in the name of mothers. Pellegrini was impressed and suggested that Slovakia could consider a similar program. The initiative, launched on World Environment Day last year, encourages people to plant a tree in their mother's name as a symbolic gesture of love and respect.
The MHA on Friday, while extending the lockdown for two more weeks till May 17, lifted many restrictions in green and orange zones. There are no restrictions on sale of non-essential items by e-commerce platforms in green and orange zones, a home ministry spokesperson said, adding barber shops and salons are also allowed to open in these areas.
Spends by e-commerce players have now touched Rs 1,000 crore.
Smaller Singapore- and US-based venture capital funds, retail associations and trader bodies such as the CAIT and SJM are all planning to approach the government to put pressure on the commerce ministry.
There are umpteen cases where travel websites and airlines advertise tickets for unbelievably low prices, without mentioning taxes and other charges.
Flipkart, Amazon & Paytm have raised commissions from sellers.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances