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Flipkart CEO Kalyan Krishnamurthy denies exit

Flipkart CEO Kalyan Krishnamurthy has denied reports that he is going to quit the e-commerce company and a formal announcement on a new CEO is likely in June during the Walmart shareholders' meeting.In a statement to Inc42, Krishnamurthy said reports making the rounds...

Walmart CEO Doug McMillon says ‘committed’ to Indian market

Almost a year into writing a US$ 16 billion cheque for Flipkart, Walmart CEO Doug McMillon Tuesday said the retail giant continues to be committed to the Indian market given the huge opportunity that the country presents.According to a...

Snapdeal to expand tech team; hire 120 engineers this year

E-commerce platform Snapdeal Monday said it is looking to expand its technology team with the addition of 120 engineers this year as it enhances personalisation and recommendation features for its users.The company, which competes with larger rivals like Amazon...

Flipkart most sought-after employer in India: Report

Online marketplace Flipkart beat Amazon to emerge as the most sought after employer where Indian professionals want to work and stay, according to a new LinkedIn report on Wednesday.Internet companies dominate the top 10 spots in the list as...

BigBasket raises US$ 150 mn from Mirae, Alibaba and CDC Group

Online grocery platform BigBasket has raised about US$ 150 million from South Korea's Mirae Asset Management, UK's CDC Group, and existing investor Alibaba, according to regulatory filings.According to a PTI report: Bigbasket had raised US$ 300 million in February...

Flipkart introduces robot-based sortation tech at facility in Bengaluru

E-commerce marketplace Flipkart Tuesday said it has introduced the country's first robot-based sortation technology, automated guided vehicles (AGVs), at its sortation facility in Bengaluru.A Flipkart statement said the company has introduced over 100 AGVs at its sortation facility in...

fabindia bets big on experience centres, to open 30 more by 2020

Following a tremendous response for its Experience Centres, fabindia, India’s largest lifestyle retail brand, has recently launched its third Experience Centre in New Delhi-NCR. Located at Lajpat Nagar, one of Delhi’s most popular shopping destinations, the store is spread...

Foreign e-tailers must have registered entity in country: Draft policy

E-commerce sites or apps available for download in India must have a registered business entity in the country, according to latest draft e-commerce policy, which also proposes regulation of cross-border flow of data collected by sector players in India.According...

Walmart still optimistic on Indian e-commerce after new FDI rules

US retail major Walmart said it is “disappointed” with recent changes in FDI policy for e-commerce firms in the country, and hopes for a collaborative regulatory process going forward which results in a level-playing field.According to a PTI report:...

Online Marketplaces: Delivering fashion to the discerning masses

The online fashion space in India is positively buzzing with private labels or brand partnerships. Recently, heritage American denim brand, Wrangler collaborated with Indian e-commerce giant, Flipkart to launch an exclusive sub-brand called Wrangler 20X. Myntra also launched its...
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The Indian Beverage Industry Has Transformed To ”Made in India” for The World

Mr Kunal VasudevaThe sector also offers direct and indirect employment to a staggering 79 lakh individuals in IndiaNew Delhi:...
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