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E-commerce a challenge for direct selling industry’s growth: IDSA

IDSA is negotiating with the government to control the digital marketing sites so that direct selling products are not sold through online mode Guwahati: Indian Direct Selling Association Chairman Vivek Katoch on Tuesday said the e-commerce sector is a challenge...

E-commerce firms must ensure transparency, uphold consumer interest: Pralhad Joshi

The future of e-commerce in India is bright, inclusive and transformative, the minister said emphasising the sheer size and potential of India market New Delhi: Minister for Consumer Affairs Pralhad Joshi on Tuesday asserted that e-commerce companies have a significant...

E-commerce firms should respect law of land: Goyal

Addressing an event in Mumbai, Goyal said the country's foreign direct investment (FDI) norms are clear for the e-commerce retail and these companies should stick to the rule of the law New Delhi: Commerce and Industry Piyush Goyal On Tuesday...

Meesho narrows adjusted losses to Rs 53 cr in FY’24

Meesho's revenue from operations grew by 33% to Rs 7,615 crore in FY'24, from Rs 5,735 crore in FY'23. New Delhi: Softbank-backed Meesho on Wednesday said it has narrowed adjusted losses to Rs 53 crore in the financial year ended...

Flipkart India’s revenue jumps 26% to Rs 70,844 cr in FY24

The robust growth comes even as the Bengaluru e-commerce company’s net losses rose 13% to Rs 4,194 crore, the Tofler data accessed through the Registrar of Companies (RoC) showed. New Delhi: India’s top e-commerce company Flipkart India Pvt. Ltd saw...

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 compliance Bengaluru: 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 ecosystem New Delhi: The Competition...

71% Indians indicate a sentiment to shop online this festive season: Report

The report indicates that nearly 50% of respondents planning to shop online would spend more on festive shopping this year compared to last year Bengaluru: As many as 71% of Indian consumers indicate a sentiment to shop online this festive...

Will protect aspirations of 100 million small retailers, mom-and-pop stores: Goyal

The minister had last month stated that e-commerce companies are eating into the small retailers' high-value, high-margin products that are the only items through which the mom-and-pop stores survive New Delhi: Commerce Minister Piyush Goyal on Wednesday said that the...

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 preferences Mumbai: Continuing to voice concerns over e-commerce players like Amazon,...
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Home furnishings brand OBEETEE launches new outlet in Ahmedabad

Located at Bodakdev, the new outlet is the only OBEETEE store to house its complete furniture range Bengaluru: Handcrafted carpets...
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