Indian consumers will likely see some of these innovations being tried out - or being considered - in other markets
Is landing a leadership job at Flipkart on your wish list for 2018?
Sellers with e-commerce players in the country would get more than a pat on their backs if they help the firms in gaining the top online marketplace tag. E-tailers such as Flipkart, Amazon and Paytm are picking up a trick or two from old-school sectors such as the automotive industry, and are now giving away shiny new sedans, trips to Europe and the US, gold by the kilo and office makeovers to their top sellers.After earning more than a billion dollar in gross merchandise value (GMV) during its mega Big Billion Day sale, Flipkart is now sharing the bounty from the windfall with its 100,000-plus sellers. It is giving away prizes - three new cars, trips for two to international destinations, smart televisions worth lakhs and office makeovers via interior designers - to its top 100 sellers. It is also rewarding employees of the sellers.The company has been scaling up its rewards and recognition programme over the years and is organising the biggest yet this year. "We are giving away a ...
In a statement, CAIT said it expresses 'deep anguish and resentment for the lethargic attitude of the government'
The concepts & decisions explained here are equally valuable for any other analytics tool, reports Tech in Asia
You now can file a complaint in the city of transaction, and needn't file it where the firm's registered office is located
A forensic examination confirmed that the products were wildlife items
This collaboration is an effort to tap college students and first-time PC buyers
But will they capture shifts in consumption pattern caused by the move from offline to online?
E-commerce platforms and the vendors who sell on them will soon have to mandatorily declare the minimum retail price, net quantity and grievance redressal procedure on all packaged goods, as the Centre is planning to amend the Legal Metrology (Packaged Commodities Rules)-2011.The amendments would be enforced through an official notification expected to be issued in the next few weeks. Post the amendments, the director, controller legal metrology officer would be empowered to take action against the company or vendor or even the e-commerce platform for any violation as per the Packaged Commodities Rules-2011.The e-commerce companies as well as the platforms like Amazon and others would have to comply with declarations required under the amended rule. "The amendments have been framed because we have received many complaints that consumers weren't provided the same goods as mentioned in the packages and also inadequate information were furnished by some companies on their packages," a ...
Consolidation in the space will hurt jobs
For online marketplace in India, TCS is major concern govt has not given any clarity on
With a growing appetite for returns and exit in a marked-down market, investors are in full control
Even as Softbank readies Snapdeal for its merger with Flipkart, new parallels are being drawn
This is a considerable jump from 28,331 complaints for the whole of last year
Going offline allows brands to extend a great brand experience and stand out from the competition
For Indian ecommerce players, the proposed tax collected at source (TCS) on them under the much awaited goods and services tax (GST) being capped at one percent, failed to bring much cheer into the sector marred by valuation tumbles and massive layoffs.According to industry experts, while the government is on the right track with the decision GST Council to capping the percentage, the problem is with TCS itself.The draft law proposed a levy of one percent without any limit and also saidthat the cap in the law would ensure the levy remains below that level.Manyecommerce companies said that the whole concept of tax collection at source isflawed and just capping the percentage would not solve any problems. "We enableseveral lakh small and medium business to digitization their businesses andbecome part of the formal economy both online and offline. GST is a welcomepiece of tax legislation and accelerates our ability to extend economicinclusion to the masses of India. But we feel that we ..
Fashion etailer aims to cut product returns and enhance user experience with the help of technology
In the last three years alone digital buying has increased from 3% in 2013, to 23% in 2016
India not impacted by protectionism talk, global slowdown, says FM