Kunal Bahl
Retail
Snapdeal appoints Jason Kothari as CEO of FreeCharge; commits US $20 million investment
Snapdeal, one of India’s largest e-commerce companies, has announced the appointment of Jason Kothari as the Chief Executive Officer of FreeCharge and a commitment to invest an additional US $20 million in the company.
FreeCharge takes pride in being the...
Retail
Paytm offers jobs to Snapdeal, Stayzilla ex-staffers
With hundreds of employees being handed out pink slips by companies such as Snapdeal and Stayzilla, Paytm is walking into the ring by offering generous job offers to laid-off staffers.
Founder and CEO, Paytm, Vijay Shekhar Sharma tweeted: “Hello, Tech/Product...
Retail
Retrenchment in e-commerce industry not unique to India: Nirmala
IANS -
Commerce and Industry Minister Nirmala Sitharaman has said corporate downsizing and retrenchment in the country's e-commerce industry were not unique phenomena happening in India but were occurring globally.
The minister's comments came a day after major layoffs were announced by...
Retail
Snapdeal founders to take 100 pc pay cut, firm commences layoffs
IANS -
E-commerce major Snapdeal on Wednesday reported that its founders have agreed to take a 100 per cent pay cut, even as the firm initiated a process to rationalise a part of its workforce to make the company profitable in...
Retail
FreeCharge CEO Govind Rajan quits; Jason Kothari to take charge of biz ops
Freecharge CEO Govind Rajan has resigned within a year of taking charge at the Snapdeal subsidiary.
Going forward Jason Kothari will oversee the business operations of FreeCharge as part of his overall responsibilities of portfolio management as the Chief Strategy...
Retail
GST's tax collection at source will hurt sellers: E-commerce players
IANS -
Admitting that the proposed Goods and Services Tax (GST) is a key reform which will simplify the tax compliance, the e-commerce players on Thursday, however, said the proposed tax collection at source will hurt lakhs of small sellers by...
Retail
Retail bigshots laud 'digital economy' Budget, but say lack of details on GST disappointing
The Union Budget 2017 was presented in the Parliament by Finance Minister Arun Jaitley on February 1. While the Budget is clearly strong on macro-economic intent - as is evident from the FM’s focus on agricultural growth, rural development, up-skilling...
Latest News
Snapdeal to focus on economics and customer experience in 2017
E-commerce major Snapdeal is geared up to push the pedal on growth by focussing on economics and customer experience this year, its co-founder and CEO Kunal Bahl said.
According to a PTI report: Snapdeal, which is locked in an intense...
Retail
Snapdeal Trends 2016: Delhi-NCR most online shopping savvy city in India
Snapdeal, India’s largest online marketplace, on Tuesday announced its annual digital buying trends highlighting the consumer preferences and habits recorded on its platform for the year 2016.
As India leapt into a digital lifestyle, the sales recorded on Snapdeal for...
Fashion & Lifestyle
Snapdeal to invest $100 million in fashion biz over one year
Snapdeal will be investing US $100 million over the next one year to give its fashion business a makeover, according to a report in The Times of India.
"In the next few months, we will make some big moves in fashion....
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Latest News
Retail sales grow 8% y-o-y in March 2024: RAI Survey
According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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