Made-in-India tag for Flipkart brands
Flipkart has moved a big proportion of manufacturing from China and Malaysia to India.
Small-town India helps Amazon & Flipkart record growth in sales
Combined gross sales of the Amazon & Flipkart estimated at $3.5-3.7 bn, a jum...
Flipkart charts roadmap for US listing by 2022
CEO Krishnamurthy tells top team to focus on compliance and profitability.
Captives likely to go on CXO hiring spree
High skilled talent and relatively inexpensive pros even at the senior level are the two main drivers of this trend.
Flipkart, Amazon ramp up government affairs teams
Flipkart plans to hire experts and retired IAS and IPS officers to advise it on policy issues and government affairs.
Ambani, IOC's Sanjiv Singh, ONGC's Shashi Shanker in list of world's top CEOs
The 2019 rankings placed BP's chief executive, Bob Dudley in fifth ahead of ExxonMobil CEO Darren Woods into sixth.
Private brands businesses of e-tailers under scanner
The government has started scanning digital payments business of ecommerce giants Amazon & Flipkart. DPIIT has asked questions like the total percentage of sales that come from private labels & promotion details of their digital instruments.
Axis Bank will decide on timeline for raising capital after getting board okay: Amitabh Chaudhry
There is sufficient liquidity in system. Problem localised in a certain sectors.
Walmart disappointed with FDI norm change soon after Flipkart deal
Ecommerce firms were asked to provide services such as warehousing, logistics and advertising to all sellers in a fair manner.
With $150m more, Byju’s is 4th valuable Indian private company
There’s no shortage of funds for proven winners in Indian startup space. Byju’s reaches a fresh milestone, while Moglix gets more funds to grow.
Amazon one day shipping lifts startups serving Walmart
Retailers are starting to realize that employing humans to trawl the aisles filling online orders isn’t efficient and are investing in software that essentially turns stores into warehouses.
Government wants ecommerce companies to make kiranas part of their growth story
This comes against the backdrop of groups such as CAIT and AIMRA complaining to the govt about online deep discounting and alleging that ecommerce marketplaces violated FDI norms during the festive season. The govt wants to address the concerns of small retailers over online discounting and see how both sides can work together to their mutual benefit.
Walmart's usual victims become its new allies in India
The US co is now rolling out a plan to more than double its wholesale chain in India over the next four years.
Walmart shrugs off exit rumours from Flipkart
US retail major Walmart, which invested USD 16 billion in Flipkart, Wednesday said it is committed to the Indian market and is optimistic de...
Amazon, Flipkart will take at least a year to build supply chain capabilities: BigBasket's Hari Menon
“This is very good for the sector and how modern trade grew and opened up a new way to shop,” Menon said, adding that as grocery extends beyond the high socioeconomic classes towards the midsection, the market will expand.
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