Flipkart
Retail
After Uttarakhand, Bihar and Assam tax e-comm goods
After Uttarakhand decided to impose a 10 per cent entry tax on goods purchased through e-commerce, Bihar and Assam have followed suit.
The entry tax is imposed by states on goods purchased online, coming in from another state.
Almost half-a-dozen other...
Retail
Amazon India applies for e-wallet licence
Amazon India has applied for a semi-closed wallet licence with the RBI to build its presence in the payment space. It is expected that a Central Bank Committee will review the application next month. And soon after the approval,...
Retail
Snapdeal signs deal to sell Michelin tyres
E-commerce major, Snapdeal has signed a deal with French tyre major Michelin to sell its products on it portal.
Michelin opted for Snapdeal because of its large subscriber base and pan India reach. Michelin is expecting the new channel will...
Retail
Paytm borrows Rs 300 crore from ICICI Bank
Venture capital funding and angel investors are fast drying up, and e-commerce majors are scuttling for money to fund their day-to-day operations.
Companies like Flipkart and Paytm are now turning towards banks for capital loans. Noida-based mcommerce platform, Paytm, has...
Retail
Flipkart sues Uttarakhand for taxing e-buyers
Flipkart has sued the state of Uttarakhand for its decision to impose a 10 per cent entry tax on goods purchased through ecommerce. Calling the levy "discriminatory", the ecommerce giant has filed the writ through its in-house logistics arm...
Latest News
Snapdeal to hike salaries of top performers
As a part of e-commerce major, Snapdeal's efforts to become a meritocracy-led organisation, it will be rolling out annual salary hike of 20 per cent and more and ESOPs for its top performers. However, the quantum of ESOPs is...
Retail
Future Group to target e-comm giants in series of ads
India's brick-and-mortar giant Future Group is taking major e-commerce rivals head on. Future Group Founder, Kishore Biyani has decided to target Flipkart, Snapdeal and Amazon in a series of ads and he's not mincing his words.
The ads will be...
Food
Roadrunnr, TinyOwl to merge in all-stock deal
To create an integrated hyper-local delivery service, logistics player Roadrunnr and online food ordering platform TinyOwl are in preliminary stages of talks to merge in an all-stock deal.
However, the vision of the combined entity is yet to be discussed....
Retail
Flipkart invests Rs 338 crore in Myntra to take on competition
Flipkart has invested Rs 338 crore in online fashion store Myntra to boost its leadership in the fashion segment.
Myntra has received the fresh round of funding when its rival Jabong is struggling. In September, the founders of Jabong –...
Retail
Startup India: What the industry thinks
Prime Minister Narendra Modi's ambitious Start-up India initiative, which got voice and shape on January 16, sounds like a mega boon for aspiring entrepreneurs, willing to startup and stand up in India.
The day-long event rolled out a slew of...
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Latest News
Hong’s kitchen opens new outlet at Delhi’s Rohini
Hong’s Kitchen embarked on its presence in Delhi’s Unity One Mall located at CBD Shahdara and Omaxe Chowk in...
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