e commerce
FMCG
ITC’s FMCG biz records 21% rise in annual consumer spend at Rs 29,000 crore in FY23
PTI -
In terms of distribution reach, ITC's products reached 230 million households in FY23, up from over 200 million households in FY22New Delhi: Diversified conglomerate ITC's FMCG business has recorded a 21 per cent rise in annual consumer spend to...
Finance & Funding
Investment in Indian startups in H1 2023 lowest in last four years: PwC India
PTI -
Investments fell by 36 per cent in January-June to $3.8 billion, as investors are taking longer time in due diligence of every aspect of businessNew Delhi: Funding in Indian startups fell by 36 per cent in January-June to $3.8...
E-Commerce
GST Council to clarify on TCS liability of e-commerce suppliers on ONDC
PTI -
Under the GST law, every e-commerce operator is required to collect TCS at the rate of 1 per cent of the taxable value of goods/services sold through its platformNew Delhi: The Goods and Services Tax (GST) Council on July...
E-Commerce
Scaling for success: Five reasons why e-commerce businesses should partner with enablers
Strategies for choosing and collaborating with the right enablement partner in e-commerceNew Delhi: Redseer estimates e-commerce in India to grow nearly three times in the next three years to reach $163 billion by 2026, growing at a compound annual...
E-Commerce
Indian sellers’ exports under Amazon Global Selling to cross $8 billion this year
PTI -
The exports from India under the programme were to the tune of $5 billion last year, Amazon said in its Exports Digest 2023New Delhi: Cumulative overseas sales by Indian exporters under e-commerce exports programme Amazon Global Selling are on...
E-Commerce
Amazon India introduces self-serve product customization feature
This feature offers a customization experience that provides visual design tools to customers to personalize products, along with an interactive product preview option to view the final customized product in real-time
Mumbai: Amazon India has launched a free self-serve product...
E-Commerce
Local shopping app Pincode goes live in 10 Indian cities
Consumers in these cities will now be able to purchase groceries and order food from all local shops and restaurants on the AppBengaluru: Pincode, a local shopping app developed by PhonePe on the ONDC (Open Network for Digital Commerce)...
Finance & Funding
E-commerce operators face problem in GST drive to check fake registration
PTI -
MakeMyTrip Group VP -Taxation said, GST officials should enquire with head offices with regard to virtual offices before categorizing the state registration as a fake entity New Delhi: The pan-India drive against fake GST registration has created problems for e-commerce companies...
E-Commerce
‘Democratising Digital Commerce in India’ by ONDC and McKinsey & Company
The report explores the potential for rapid growth in digital commerce possible due to ONDC and highlights the possibilities that could emerge within an open network ecosystem
‘Democratising Digital Commerce in India’ report by government-backed e-commerce platform ONDC (Open Network...
E-Commerce
Amazon.in simplifies registration with an aim to digitize 10 million sellers by 2025
The new process is aimed at enabling small and medium businesses (SMBs) to register as sellers on Amazon.in using just a smartphoneNew Delhi: Amazon India has introduced a streamlined registration process with intelligent suggestions to simplify the onboarding experience...
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Latest News
Former HUL CEO Mehta teams up with PE fund L Catterton for India-focused JV
Mehta will serve as the executive chairman of India for the vehicle from 4 April onwardsMumbai: Former Hindustan Unilever...
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