Walmart has been seeking to uncover possible infringements of FCPA, which makes it illegal for US-listed cos to bribe govt officials in foreign lands
GOSF, to be held from December 10-12, is expected to see participation of various consumer durable, FMCG and e-commerce firms in India.
The Tatas are preparing for an entry into India’s lucrative e-commerce business with a marketplace model similar to Flipkart.
Food cos, fashion brands & auto firms using bloggers to create buzz on social media around products & brands
“Most bloggers have between 1000-6000 followers; which isn’t a big number, but have a very different impact than traditional media channels do.”
Tata Starbucks, a 50:50 joint venture with Tata Global Beverages, had opened its first outlet in Mumbai in October 2012.
Amazon raised commissions by as much as 50% to affiliates two days before Flipkart’s sale. It then bumped them up again on the day of the sale itself, October 6.
Flipkart and Myntra have mandated Bangalore-based e-commerce consultancy firm Ace Turtle to bring a host of global fashion brands to ramp up their line.
Gojavas had been in talks with Snapdeal for the last one-and-half years and was able to strike a deal only in the last few months.
With online retailers such as Flipkart and Amazon seen cornering a chunk of the expected growth in India's overall modern retailing, industry insiders say a lot of mall owners are nervous.
'We do business all around the world, from Middle East to Russia, Turkey to China, and I can tell you that India has all the ingredient for a market that is going to explode.'
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