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E-comm cos sell goods worth US$ 3.1bn during festive sale: RedSeer

Goods worth US$ 3.1 billion were sold by e-commerce companies in less than five days of starting their festive sales, a report by RedSeer Consulting said on Wednesday. This is about 77 percent of RedSeer's forecast of US$ 4 billion...

Flipkart, Amazon likely to sell 1.5 crore smartphones in festive sales this year: Report

E-commerce firm Flipkart and Amazon are likely to sell about 1.5 crore smartphones in the country during the festive sales, which will account for over 36 percent of the total expected sales for October-December, market research firm Techarc said...

Amazon.in launches three new emporiums during ‘Great Indian Festival’

Amazon.in announced the launch of multiple sellers associated with West Bengal Khadi and Village Industries Board (Gramin), Khadi and Village Industries Board (Vindhya Valley from Madhya Pradesh), and West Bengal Handicrafts Development Corporation (MANJUSHA). With a vision to empower and...

Jeff Bezos vs Mukesh Ambani: Battle royale for India's retail crown

The arbitration proceedings between Amazon and Kishore Biyani have begun in Singapore. Former Attorney General of Singapore, V.K. Rajah concluded arbitration hearing on Friday, October 16 and will deliver his ruling on or before Monday, October 26, sources said. Rajah, former...

Over 1.1 lakh sellers received orders in first 48 hours of festive sale: Amazon India

E-commerce major Amazon India on Sunday said over 1.1 lakh sellers on its platform received orders during the first 48 hours of its 'Great Indian Festival' sale, with a bulk of orders coming from smaller parts of the country. According...

Sellers from tier II towns and beyond see jump in orders in Flipkart, Amazon festive sale

Walmart-owned Flipkart and Amazon India on Sunday said lakhs of sellers, including a significant chunk from tier II cities and beyond, have received orders during the initial days of festive sale on their platforms. According to a PTI report: The...

Third-party sellers made over US$ 3.5 bn from Prime Day: Amazon

Third-party sellers surpassed $3.5 billion in sales on Prime Day, a nearly 60 percent year-over-year increase, Amazon said after wrapping up the two-day event across 19 countries. In addition, Prime members around the world saved over US$ 1.4 billion during...

Amazon announces 'exclusive' festive deals for business customers

Amazon Business on Friday announced a host of exclusive deals for business buyers in addition to a special five percent cashback on a purchase of above Rs 1 lakh as part of the Great Indian Festival starting from Saturday. Amazon...

Optimistic about future; revival signs by strong rural demand, in-home consumption: PepsiCo India

Food and beverages major PepsiCo is cautiously optimistic about the future and feels that the worst due to the coronavirus pandemic is behind, buoyed by revival signs led by strong rural demand and in-home consumption in urban markets, according...

Small towns set to drive record festive sales

While the ongoing pandemic has left crores of Indians in deep financial trouble who are struggling to make ends meet, the aspirational Bharat -- riding on the pent-up demand and discretionary income -- is all set to embark on...
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India Inc’s revenue growth weakest since Sept 2021: Crisil Report

The report is based on an analysis of 350 companies which exclude financial services and oil and gas sectors...
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