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Amazon hires 18 IIM-Ahmedabad business graduates

Global e-commerce major Amazon hired 18 graduates of the Indian Institute of Management-Ahmedabad (IIM-A) in the summer campus hiring, said the prestigious B-School on Tuesday. "Amazon made the most offers (18) at the end of the final placement process, followed...

Amazon, Grofers, Big Basket submit FDI proposals for undertaking retail trading

Amazon, Grofers and Big Basket have submitted FDI proposals to the Government for undertaking retail trading of food products. According to a PTI report: The Government had last year allowed 100 per cent foreign direct investment (FDI) for trading, including...

TJ Maxx’s brand value up 79 per cent in a year

Every year, leading valuation and strategy consultancy Brand Finance values the brands of thousands of the world’s biggest companies. Brands are first evaluated to determine their power/ strength (based on factors such as marketing investment, familiarity, loyalty, staff satisfaction...

Amazon Pantry enters Chennai, service now available in 29 Indian cities

Online market player Amazon on Monday announced the entry of Amazon Pantry -- its grocery and household service -- in Chennai. In a statement, Amazon Seller Services said that with the entry of Amazon Pantry into Chennai, the service is...

Flipkart in talks to raise US $800 million to strengthen operations

E-commerce major Flipkart is in advanced stage of discussions to raise about US $800 million to further strengthen its operations in a bid to take head on the competition from American rival Amazon. According to a PTI report: The funding,...

Alibaba, SAIF Partners to invest US $200 in Paytm's online marketplace unit

Chinese e-commerce major Alibaba Group Holding Ltd, along with investment firm SAIF Partners, are set to invest US $200 million in Paytm’s online marketplace unit. Alibaba Singapore E-Commerce Pvt. Ltd will invest US $177 million in Paytm E-Commerce Pvt. Ltd—a...

The tipping point of luxury retail in India: An indepth study

India’s luxury retail market is growing at a phenomenal pace. What will be its tipping point that will enable it overtake the Chinese market? Or will the numerous obstacles in its path fail the luxury retail industry in the...

E-Wars: Is Amazon running scared of Walmart?

Walmart Stores Inc. has claimed that it’s online growth and e-tail market share has been more than Amazon’s this quarter. The company’s fourth quarter results show a 29 per cent rise in e-commerce sales as compared to 22 per...

AI to help wearables market grow 376 per cent in 2017: Report

Artificial Intelligence (AI)-powered wearables will provide an impetus to the stagnant wearables segment, to make it grow 376 per cent annually to reach 60 million units in 2017, a new report said on Friday. According to the market research firm...

Snapdeal founders to take 100 pc pay cut, firm commences layoffs

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...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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