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Reliance Retail to pose biggest threat to top e-commerce players: Mohandas Pai

Reliance Retail will pose the biggest challenge to top e-commerce players Amazon and Flipkart next year due to its wider reach and tremendous penetration of telecom arm Jio, said an IT industry veteran. According to a PTI report: Consolidation would...

Amazon to open popup liquor bar at Tokyo for 10 days

Amazon is opening a new type of bar for only 10 days in Japan from October 20 onwards. Amazon Bar will be located in Tokyo's upscale Ginza area and serve a variety of drinks, including beer, wine, and whiskey. “Amazon Bar...

Govt to tie up with Amazon to expand 'Tribe India' brand

The Union government is planning to tie up with e-commerce player Amazon to expand the market for tribal handicrafts via the online retail space. According to a PTI report: Pravir Krishna, Managing Director of Tribal Cooperative Marketing Development Federation of...

Shoppers Stop sells 5 per cent equity stake to Amazon.com for Rs 179.26 crore

Raheja Group's multi-brand fashion retailer Shoppers Stop Ltd on Saturday announced selling 5 per cent of its equity share (43.96 lakh shares) of Rs 5 face value to e-tail giant Amazon.com at Rs 407.78 per share, aggregating to Rs...

CAIT demands stay on business ops of Amazon & Flipkart, says discounts flout FDI policy

The Confederation of All India Traders (CAIT) has charged e-commerce biggies Amazon, Flipkart and Snapdeal - and others - for violating India's FDI policy for e-commerce issued by the Government on March 29, last year. The traders' body has filed...

Partnership with Amazon to help Shoppers Stop tap customers

The partnership with e-commerce major Amazon would help Shoppers Stop tap customers from non- metro markets and scale up its financial performance, a top official of the Mumbai-based retailer said. According to a PTI report: The partnership would allow Shoppers...

E-commerce majors see huge spurt in smartphone sales in festive season

E-commerce majors Flipkart, Amazon and Paytm Mall have seen a huge spurt in smartphone purchases on the first day of their festive season sales, beating last year's figures. According to a PTI report: Flipkart, which kicked off its 'The Big...

E-commerce companies may see cash burn up to US $400 mn in festive sales: Red Seer

E-commerce companies could see a cash burn of up to US $400 million during this year's festive sales, compared to about US $200-250 million last year, research firm RedSeer Consulting said. The cash burn for the e-tailing industry, which has...

Paytm Mall eyes US $500 mn sales in festive season

Paytm Mall said it expects to facilitate sales worth US $500 million during the festive season through its platform. According to a PTI report: Like its rivals Amazon India and Flipkart, Paytm Mall is also offering a sale on its...

Shoppers Stop enters commercial arrangement with Amazon India

Retail major Shoppers Stop said it has entered into a commercial arrangement with Amazon India to sell its products on the latter's marketplace. Shoppers Stop, in a BSE filing, said there is no separate monetary consideration other than the mutual...
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In 2-3 years, you’ll see Samosa Singh outlets across the globe: Co-founder Nidhi Singh

The focus of the homegrown samosa QSR chain in the next 10-12 months is to reach the 100 store...
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