A clutch of home grown food and beverage brands are using their familiarity with local communities to redefine the terms of engagement with customers
Internationally, the pandemic has hit Amazon the hardest in India, where the company has had to forgo sales to comply with the government restricting delivery to essential goods such as groceries
The company noted in a statement that small and medium businesses across India had been financially impacted due to the nationwide lockdown to precent the spread of coronavirus
It's not flowing prose that sweeps you along. Instead, the author has opted for short, staccato sentences. They're like terse commands: Insistent, demanding but strangely riveting
BigBasket CEO Hari Menon says more consumers will shop online than depending on traditional means after Covid
Sujeet Kumar, Vaibhav Gupta and Amod Malviya talk to Bibhu Ranjan Mishra about how Udaan took flight
The report also says that online private labels have the potential to develop into self-sustaining brands that have a captive base beyond the e-commerce platform that has nurtured it.
UP among top ecommerce markets for 'puja' items, fashion
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According to Nielsen's estimates, India's Rs 4 trillion FMCG market is expected to grow by 10% in calendar year 2020 (CY20)
The move is the latest sign of the Reliance group's pivot towards data and digital services for future growth, as it builds an online platform to take on the likes of Amazon and Flipkart in India
As traders prepare to hold a nationwide agitation against Amazon and Flipkart this week, the government weighs its options
The CCI flagged concerns around deep discounting on goods and services offered by large online retailers, particularly in the case of mobile phones and electrical appliances
Modi govt is under pressure from small traders, a traditional support base for the ruling BJP, to act against the big online retailers
Retailers of mobile handsets have been the biggest casualty of the Indian consumer's growing love affair with online shopping
Traders' body CAIT on Sunday demanded a high-level enquiry by the Centre to probe the "unholy nexus" of e-commerce firms, companies owning brands and banks for causing price distortion in the country's e-commerce market. Praveen Khandelwal, Secretary General of the Confederation of All India Traders (CAIT) also urged Prime Minister Narendra Modi to constitute a Group of Ministers (GoM) to look into the alleged distortions, both in the e-commerce and brick & mortar format of retail. Union Minister Piyush Goyal had earlier this week said that the government was looking into alleged predatory pricing by Walmart-owned Flipkart and Amazon. In a statement, CAIT claimed that not only e-commerce firms like Amazon and Flipkart, but a large number of companies owning brands, particularly in mobile, FMCG, electronics, electrical appliances, footwear, garments and other sectors, and various banks are also responsible for distortion in prices of different products on online portals. "It is ...
This comes at a time when Commerce Minister Piyush Goyal has gone public on foreign majors
Goyal said that he held a series of meetings with both Indian and foreign players, including from the US, in the e-commerce sector to understand their issues.
According to sources, some e-commerce firms have asked the government to extend the date
Regulating new economy requires new thinking