What the $20 billion, New York-based Colgate-Palmolive announced last week was unique in the world of corporate-startup alliances
Shareholder approval clears a regulatory hurdle as Swiggy prepares an inventory-led qcom model that could boost reported revenue, margins and operational control
The Karnataka government has directed authorities to suspend, until further orders, the food licences of e-commerce platforms Amazon, Swiggy Instamart and Bigbasket over the online sale and distribution of Dhatura fruits/seeds, citing public health and food safety concerns. The government also ordered the immediate suspension of the licences/registrations of establishments and sellers supplying products to the three online platforms. It directed all concerned food business operators to remove listings, advertisements, and promotional material relating to Dhatura intended for food or human consumption. Known as 'thorn apple' in English, this plant is called 'Umathai' in Tamil. "In accordance with the provisions of the Food Safety and Standards Act, 2006 and the Rules/Regulations made thereunder, the concerned competent authorities have been directed to take necessary action for the suspension, until further orders, of the food licences issued to the e-commerce platforms, namely Amazo
Amazon has introduced graded cancellation fees linked to order value and will raise closing fees, while Flipkart has rolled out penalties based on seller cancellations
Nafed plans to open modern stores in six cities and turn some outlets into dark stores as it expands its retail business
Today's opinions examine the RBI's inflation dilemma, rising life insurance surrenders, India's employment crisis, possible UPI charges and the shift from food to nutrition security
The commerce ministry on Wednesday notified procedures for online companies to undertake inventory-based cross-border e-commerce. The government recently allowed e-commerce firms, having foreign stakes, to keep inventory only for export purposes. "The operational procedures for the implementation of the inventory-based cross border e-commerce facilitation framework, including registration of exporters-on-record, inventory management, seller visibility, reverse logistics, compliance certification, dispute resolution, and related procedural requirements of exporters-on-record are hereby notified with immediate effect," the Directorate General of Foreign Trade (DGFT) said in a public notice.
From the correction in AI stocks and environmental clearance rules to ecommerce reform, exam paper leaks and a critique of technology, desire and patriarchy
Despite its rapid expansion, the sector struggles to balance the interests of platforms, sellers, gig workers, and the state
The retail sector in India has faced multiplicity of rules for decades, and that issue should be addressed fast at a time when newer formats, such as quick commerce, are emerging as a driving force
AI-powered palletising is gaining traction as warehouses automate repetitive lifting and sorting. Future Market Insights projects the market to reach $9 billion by 2036
The government on Thursday permitted FDI in an inventory-based e-commerce model "exclusively" for export purposes, a move which will help increase India's outbound shipments without impacting the businesses of small retailers. These firms will have to export goods that are manufactured or produced in India. However, FDI in the inventory-based e-commerce model retailing is not permitted. "In order to facilitate greater exports through easier and increased access of global markets by Indian sellers, the extant FDI Policy has been reviewed and it is decided that the restrictions on inventory-based model of e-commerce shall not apply in case of exports of domestically manufactured and/or produced goods/products," the Department for Promotion of Industry and Internal Trade (DPIIT) said in a press note. DPIIT, an arm of the commerce and industry ministry, deals with foreign direct investment (FDI) related issues. It releases policy changes through press notes (PNs). As per the current F
Payments companies are building rails for autonomous AI-led shopping, but ecommerce platforms remain wary of losing control over discovery, recommendations and margins
The quick commerce company is expected to announce its IPO price band next week and is targeting a valuation of about $5.1 billion despite lower indications from some investors
An investigation found counterfeiters are using forged trademark records, fake legal documentation and manipulated verification processes to sell fake products on leading e-commerce platforms
The service does not require customers to have an existing domestic LPG connection. First-time orders will be treated as new cylinder purchases, while subsequent orders will be processed as refill
With ecommerce emerging as the biggest disruptor, international marquee brands entered this space and, more recently, the quick-commerce segment
Shiprocket-Deloitte report says personalised recommendations, smarter fulfilment and rising digital adoption in smaller cities and rural India will fuel the next phase of growth
Vice president Nishant Dalal says Tier 2 and Tier 3 cities are fueling gourmet and premium food sales
Existing investors are set to inject about $40 million in equity, while BlackRock is expected to provide up to $50 million through its private-credit platform ahead of Udaan's IPO plans