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Leading e-tailer Snapdeal on Tuesday supported the implementation of revised Foreign Direct Investment (FDI) policy on e-commerce from February 1."Snapdeal supports the immediate implementation of the current FDI policy on e-commerce so that marketplaces are not misused to run...

Smaller e-commerce players like Snapdeal and ShopClues have written to the Government opposing any move to extend the February 1, deadline for online marketplaces to comply with FDI rules, and urged that pressure for such relaxations need to be...

Clovia, India’s fastest growing lingerie brand, has announced that it has raised a Series B Funding round led by AT Capital. The brand has raised approximately US $10 million. Clovia’s existing investor Ivy Cap Ventures and some private investors...

Several global business leaders have raised concerns over the evolving regulatory challenges concerning the e-commerce sector in India and said they want a stable policy regime to help this space achieve its robust growth and investment potential.According to a...

There is trouble in paradise. The Government's drastic intervention in e-commerce at the behest of vested domestic interests and the powerful traders lobby has created consternation in the bulge bracket world of e-commerce in India.With the big players having...

A week after Reliance Industries (RIL) reported a 8.82 percent rise in consolidated net profit for its third quarter at Rs 10,251 crore, global financial services firm UBS on Thursday said the Mukesh Ambani-led RIL has the true potential...

Amazon has introduced self-driving delivery service dubbed Scout - an all-electric self-driving vehicle that will maneuver across sidewalks in order to deliver purchased items to customers.Scout is the size of a 'small cooler' and can roll along sidewalks, delivering...

Lenskart's eyewear brand John Jacobs is looking to garner Rs 500 crore in revenue in two years as it strengthens its retail presence and expands the product portfolio. The brand, which has eight stores currently in Delhi, Pune and...

Amazon is back with ‘Amazon Great Indian Sale’ from January 20 to 23, 2019. Prime members will get 12 hours exclusive early access starting 12 noon on January 19, 2019. With great deals on popular brands, fast delivery and...

To enhance its in-home delivery service, Amazon has launched new products and tools within its 'Key by Amazon' offering for Prime members, beginning with the US.The online retail giant unveiled 'Key for Garage' that will allow customers to monitor...