Cloudtail
E-Commerce
Amazon sells its largest seller Appario to remain complaint
As per India’s FDI in e-commerce norms, marketplaces are forbidden from following an inventory modelE-commerce major Amazon India is set to sell its stake in Appario, the largest seller on its platform, to Vinod Poddar group promoted Clicktech, which...
E-Commerce
Cloudtail pays Rs 1 lakh penalty to Central Consumer Protection Authority
PTI -
The authority had also asked Cloudtail to recall 1,033 pressure cookers and also reimburse the money to customersNew Delhi: Cloudtail India has paid a penalty of Rs 1 lakh to the Central Consumer Protection Authority (CCPA) in a matter...
Retail
Punish Amazon with Rs 1.44 lakh crore penalty: CAIT to ED
IANS -
The Confederation of All India Traders (CAIT) has asked the Enforcement Directorate to immediately punish Amazon for the brazen violations of FEMA Act, Rules and Regulations by imposing maximum penalty of 3 times the value of the illegal investments...
Retail
E-commerce norms flouted despite Amazon India tweaking ownership
IANS -
The Indian e-commerce market is expected to reach $200 billion by 2026 from the current $48.5 billion (as of 2018) and to create a level-playing field for small and medium players, the government brought in a new e-commerce policy...
Latest News
Tough 2020 awaits Amazon, Flipkart as Reliance firms up plans
IANS -
With more and more Indians taking the online route to fulfill their shopping needs, e-tailers like Amazon and Flipkart are witnessing high demands, including from far-flung and remote areas, but overall slowdown and negative sentiments - coupled with the...
Retail
E-shopping sites can’t favour single sellers: Govt
Flipkart and Amazon will now have to cut down the dominance of certain products on their portal. As per the Government's injunction, no vendor or company will be allowed to account more than 25 per cent of its overall...
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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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