Updates

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Snapdeal hits back at Flipkart instant refund facility, launches refunds in 60 mins

IMAGES Retail Bureau – Sep 11, 2015

Earlier this month, Flipkart launched its instant refund mechanism facility, a move that allows its customers get refunds as early as within 24 hours of returning the product. Today, Flipkart's rival,...

Our fundamental target is to make every transaction profitable: Dinesh Malpani, Urdoorstep

Mehak Sharma – Feb 09, 2016

Helmed by a veteran with over two decades of experience in retail, Bengaluru-based online hypermarket, Urdoorstep.com, says that every single transaction on its platform is delivering a profit from th...

First Indian Selecetd as Member of Friend of The Sea and Friend of The Earth’s Advisory Board

IMAGES Retail Bureau – Feb 08, 2016

Amod Ashok Salgaonkar, a food and retail professional, has been selected as the Advisory Board member of “Friend of the Sea” and “Friend of the Earth” program. He is the first from India to be selecte...

Reliance Retail starts sale of its 4G LYF smartphones

IMAGES Retail Bureau – Feb 08, 2016

Reliance Retail has started selling three models of its own 4G smartphone brand LYF to support group firm Reliance Jio Infocomm’s 4G telecom services that are expected to be launched by March-April.

Amazon India FY15 sales at Rs1,022 cr, but mega discounting, marketing spends contribute to Rs1,724 cr loss

IMAGES Retail Bureau – Jan 25, 2016

Online marketplace Amazon India reported a six-fold jump in sales to Rs.1,022 crore even as losses soared to Rs.1,723.6 crore for the year ended 31 March 2015.

Retail tech firm SnapBizz raises USD7.2 mn

IMAGES Retail Bureau – Jan 25, 2016

Retail technology firm SnapBizz has raised USD7.2 million in a funding round led by Jungle Ventures, Taurus Value Creation, Konly Venture and Blume Ventures.

Flipkart rules mobile traffic in India

IMAGES Retail Bureau – Jan 25, 2016

Even as the debate between 'mobile-only' and 'mobile-first' strategy continues, India's e-commerce major Flipkart claims to have gained leadership in the mobile commerce space with 47% share of the tr...

Amazon launches 'Exam Central' to help students prepare for competitive exams

IMAGES Retail Bureau – Jan 25, 2016

Amazon.in has announced the launch of Exam Central bookstore, under its books category, which will provide students and job aspirants with exam related information and preparation books as well as oth...

Just Buy Live raises funds from Arin, Alpha Capital

IMAGES Retail Bureau – Jan 25, 2016

Mumbai-based Just Buy Live, an online distributor that connects local retailers with manufacturers, has reportedly closed its first round of funding from Mohandas Pai's Arin Capital and Alpha Capital ...

Enhance credit space for Retail-MSME Sector: CII

IMAGES Retail Bureau – Jan 25, 2016

To lay down a roadmap for the growth of the retail sector against the current policy backdrop, CII organised the National Retail Summit in New Delhi.

Retail Driving Service Sector Growth in India

IMAGES Retail Bureau – Jan 21, 2016

India’s service sector has enhanced its contribution to the country’s GDP. Services now contribute the major share to the GDP, up from 44% in 1990 to 55% in 2014. The retail sector has been the undisp...









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