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Indian e-commerce market to touch USD200 bn GMV by 2025: BofA-ML

India's e-commerce market is expected to witness significant uptrend in the coming years and touch USD200 billion in terms of gross merchandise value (GMV), says a Bank of America Merrill Lynch report. The global financial services major said the e-commerce...

Between 'mobile-first' or 'mobile-only', Flipkart chooses mid way

While debates on adopting a mobile-first strategy or completely ditching a website for an app remains rage on, e-commerce major Flipkart has come up with an innovative solution -- ' Flipkart Lite'. Flipkart, which had killed its mobile website in...

Flipkart to be more mobile-centric in next two years

Flipkart looks to become more mobile-centric in the next two years through adoption of newer technologies such as artificial intelligence (AI) and social networks, Chief Product Officer Punit Soni said on the sidelines of the Leadership Summit organised by...

In a first, Apple offers discount to boost sales

Apple is offering discount on its latest iPhones in less than a month of its launch in India. According to a report in The Economic Times, the company is offering a buyback offer on iPhone 6s and 6sPlus and giving...

HyperCITY to open three stores in Delhi NCR this year, first store opens today

After expanding its store network in West and South India, K Raheja Corp company HyperCITY Retail (India) opened its first store in Delhi NCR today. This is the chain's third outlet in North India. Spread over 38,000 sq.ft, the store...

Hypercity to open its first retail store in Delhi NCR

K Raheja Corp company HyperCITY Retail (India) plans to open its first store in Delhi-NCR on November 6, 2015. The store is opening at Noida's Great India Palace Mall. HyperCITY, which launched its first store in Malad, Mumbai, now has...

Flipkart to invest over USD 2bn in logistics network

India's biggest e-tailer Flipkart will pump in over USD 2 billion in beefing up its logistics muscle in next few years, the company said during the inaugural ceremony of its 17th warehousing facility in Medchal near Hyderabad. The fulfilment centre...

Flipkart, Amazon, Snapdeal denting malls' festive season hopes: Assocham

In the wake of unprecedented surge in e-commerce, Indian shopping malls -- already under huge pressure due to large vacant spaces -- are expected to see a sharp decline in the footfalls. This could be to the extent of...

Jabong appoints Sanjeev Mohanty as CEO, aims to start anew this Diwali

Online fashion marketplace Jabong has formally announced the appointment of former Benetton India head Sanjeev Mohanty as its CEO and Managing Director. Mohanty, whose appointment is effective early December this year, has over 20 years of experience in the...

Marks & Spencer takes online route via e-tailers

Fashion and lifestyle retailer Marks & Spencer (M&S) on Thursday has signed an exclusive deal with online e-commerce giant Flipkart and Myntra to sell its products online in India. With this, M&S becomes the first major single brand retailer to...
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FSSAI to launch quality check of food items like dairy products, spices, fortified rice

FSSAI carries out various pan-India surveillance on various food products to assess the compliance status of implemented regulationsNew Delhi:...
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