Currently, the company has extended app-only services for Android smartphone users who will now be able to avail the service from 15,000 postal codes
Tag: e-commerce
Centre tightens e-commerce norms to protect offline stores
New Delhi: The government on Wednesday tightened e-commerce norms and barred online retail firms like Amazon and Flipkart from selling products of companies in which they have stakes, Ministry of Commerce and Industry said in a statement. The online retail firms (e-commerce marketplace entity) are also prohibited from mandating any[Read More…]
Businessmen protests against E-shopping; returned 2,000 ordered items in Gujarat
Shopping during festival seasons is a common trend across the globe, and in a country like India which has so many festivals, the businessmen get a boom. At the time of Diwali, Dussehra, Eid, Christmas the market gets full of new collections with attractive prices. However, during the past few[Read More…]
Chinese billionaire Jack Ma to step down from Alibaba
Jack Ma, Alibaba’s co-founder and executive chairman, has said that he plans to step down from the Chinese e-commerce giant on Monday to pursue philanthropy in education, a changing of the guard for the $420 billion internet company. In an exclusive New York Times interview, the Chinese billionaire said on Friday that his retirement was not the end of an era[Read More…]
Flipkart makes revised offer to buy rival Snapdeal
Leading e-commerce Company, Flipkart is believed to have sent a revised offer of $900-950 million that is approximately (Rs 5,466 crore) to buy a smaller rival, Snapdeal. The Bengaluru-based firm has offered to pay the said amount for buying troubled e-retailer Snapdeal’s online marketplace and Unicommerce, two people privy to the[Read More…]
Now you can pay your ‘Traffic Challan’ via Paytm
PM Modi’s Digital India dreams escalated more quickly than we had anticipated. Now, you can pay your ‘Traffic Challan’ via the popular electronic payment and e-commerce, Paytm! The company has launched this service only in selected cities, namely – Mumbai, Pune and Vijayawada, however, it promises to expand its boundaries[Read More…]
Paytm launches online marketplace app: Paytm Mall
Flipkart appoints Kalyan Krishnamurthy as new CEO
India’s top e-commerce firm Flipkart on Monday appointed Kalyan Krishnamurthy as its new CEO, replacing co-founders Binny Bansal. Bansal has been given the position of Group CEO. Krishnamurthy associated with Flipkart in June 2016. He was intensely involved in the company’s revamping process. This was Krishnamurthy’s second shift with the[Read More…]
Paytm rolls back app-based PoS service, cites security reasons
Paytm has rolled back its app-based PoS (Point of Sale) service on Thursday temporarily citing security reasons. “Post our launch, we have had several discussions with stakeholders on how we can make this process even more secure”, Paytm said in a blog post. “Based on some suggestions from the industry,[Read More…]
Amitabh Kant urges for one policy on retail biz and e-commerce
India is the only country where there are different policies for different segments of the retail business and e-commerce. Logically, there should be one policy, said Mr. Amitabh Kant, CEO, NITI Aayog. Kant was interacting with CEOs at the Valedictory Session of the sixth edition of Massmerize 2016, FICCI’s annual[Read More…]