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Flipkart's Sachin Bansal confesses he was replaced due to performance

The monthly Friday town hall meetings at Flipkart, where top executives assemble in a hall packed with employees to take questions, came as a shocker for many as the company's co-founder Sachin Bansal confessed he was replaced as chief...

Amazon India launches used books store to tap small town readers

Amazon.in has launched a dedicated 'used' books store with over 1,00,000 offers across genres such as literature, romance, biography and textbooks as it looks to make inroads into the country’s semi-urban and rural markets. The books come from sellers on...

Day 1 of Great Indian Sale becomes the biggest day ever for Amazon India

The first day of Amazon India "Great Indian Sale" creates history in terms of number of products sold on the platform. The company said in a statement that Amazon India saw "the first 100K units sold at midnight" just...

Brand India Handloom has put spotlight on weavers

Prime Minister Narendra Modi's initiative in the textile sector to promote Indian handloom as a brand has propelled weavers to the forefront in the country's fashion Industry, says designer Narendra Kumar. Aiming to promote the splendid art and rich legacy...

Amazon quarterly profit jumps nine-fold to $857 million

E-commerce major Amazon in its statement today announced profit in the second quarter to surge nine-fold to USD 857 million, lifted by cloud services as the tech giant expanded its offerings. As per the statement, the revenues jumped 31 per...

eBay India tops the chart in product listings leaving Amazon India behind

E-commerce marketplace eBay India has said shoppers can access over 100 million live product listings on eBay.in and its global easy buy platform geb.ebay.in across electronics, lifestyle, media and other categories. According to a PTI report: In comparison, Amazon.in, which...

Amazon to expand Amazon Now service beyond Bengaluru

Amazon India has said that it is excited about the hyper-local e-commerce segment and hinted at expanding its 'Amazon Now' service beyond Bengaluru despite existing players facing multiple challenges. "We had been conducting trials in Bengaluru and the response has...

Amazon Prime launched in India

Amazon has finally launched its Prime subscription service in India. Users can sign up for Amazon Prime via the Amazon website, starting with a 60-day free trial. Amazon has launched their membership service in another bid to outdo Indian e-commerce...

Amazon witnesses seller growth of over 250 per cent Y-o-Y

E-commerce firm Amazon.in has crossed one lakh sellers on its platform during April-June quarter, witnessing a seller growth of over 250 per cent year-on-year. "Since our launch in June 2013, we have been working extensively to meet different business requirements...

Sanjeev Mohanty quits Jabong, to head Levi's India

Jabong CEO Sanjeev Mohanty has quit the ailing fashion e-tailer and is likely to be named the new India head of Levi's. According to The Economic Times, Mohanty is expected to take up the new assignment once Jabong's ongoing discussions...
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Latest News

India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC

The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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