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57% of Indian e-commerce and q-commerce shoppers struggle to find ‘best before date’ on most platforms: Survey

A comparison with the 2023 results shows that the percentage of consumers who cannot find the displayed best before date has increased from 50% to 57%, reflecting a decline in complianceBengaluru: As many as 57% of Indian e-commerce and...

E-comm deep discounting creating grey mkt, leading to loss to national exchequer: CAIT, AIMRA

Confederation of All India Traders (CAIT), in collaboration with the All India Mobile Retailers' Association (AIMRA), placed the demands in a white paper on the impact of e-commerce giants Amazon and Flipkart on India's retail ecosystemNew Delhi: The Competition...

Indian wear is going to become global and it will put Libas on the world map: Founder Sidhant Keshwani

Sidhant Keshwani, founder and chief executive officer, D2C-first women’s fast fashion ethnic brand Libas on its largest store, offline expansion and international ambitionsLaunched in 2004, Delhi-based modern ethnic wear brand Libas has effectively leveraged digital platforms and D2C strategies...

E-tailers breaching FDI norms, consumers should think who benefits from their purchases: Goyal

The minister said the deep pockets of companies like Amazon help the small traders and retailers indulge in predatory pricing and also deploy algorithms to influence consumer choice and preferencesMumbai: Continuing to voice concerns over e-commerce players like Amazon,...

Brands could lose $20-$30 billion in revenue to returns by 2025: Report

The report finds that Maharashtra has the highest return rate in India, followed by Karnataka, Delhi, Uttar Pradesh, and Haryana, with Kerala having the lowest return rate Bengaluru: Returns are a huge problem in e-commerce. They can go as high as...

Amazon India top boss Manish Tiwary quits

Tiwary has resigned the e-commerce major after eight years to pursue other opportunitiesMumbai: Country head of leading e-commerce marketplace Amazon India, Manish Tiwary, has quit the company and will be moving on as reported by a leading media. Tiwary...

Amazon records biggest-ever Prime Day event in India

The platform has recorded a peak of 24,000 orders per minute during the two days and there was a 24% increase in Prime members in India shopping compared to Prime Day 2023 Mumbai: Amazon India -- which hosted the 8th...

TDS rate cut for e-tailers to help free up working capital for sellers, say e-biz players

The budget proposed reduction in TDS rate on e-commerce operators to 0.1 per cent from 1 per cent nowNew Delhi: E-biz players on Tuesday said the proposed reduction in TDS rate on e-commerce operators to 0.1 per cent from...

ShopClues aims $100 million in e-commerce exports by year end; eyes US, European markets: MD Anuraag Gambhir

The Gurgaon-based company is also planning to introduce international brands to India from Southeast Asian countries Bengaluru: ShopClues, the Indian e-commerce platform owned by Singapore-based Qoo10, has entered the next phase of its rebranding as a cross-border e-commerce platform, now...

Easy customs norms, robust payment settlement to boost e-comm exports: Report

The report also asked to allow FDI-funded e-commerce entities to hold inventory for sale in international marketplaces to facilitate global sales of Indian MSME productsNew Delhi: Measures such as easing customs procedures, robust payment settlement mechanisms and relaxing FDI...
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Evenflow raises undisclosed bridge round, readying for IPO in 2027

The new funds will be used to expand operations and grow all seven acquired homegrown brands. New Delhi: House of...
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