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E-commerce firms must ensure transparency, uphold consumer interest: Pralhad Joshi

The future of e-commerce in India is bright, inclusive and transformative, the minister said emphasising the sheer size and potential of India marketNew Delhi: Minister for Consumer Affairs Pralhad Joshi on Tuesday asserted that e-commerce companies have a significant...

Amazon narrows losses by 28% to Rs 3,470 crore

In the previous fiscal year Amazon's total losses stood at Rs 4,854 crore New Delhi: Amazon has narrowed its net losses in India by 28% to Rs 3,470 crore for the fiscal year 2023-24 compared to the previous fiscal year...

Kerala’s popular coconut products brand KLF Nirmal targets 300cr by FY26

The company is looking to broaden its value-added product offerings by launching new coconut-based categories, such as instant food items, fragrances, and personal care productsBengaluru: Kerala-based 80-year-old legacy brand KLF Nirmal is a trusted name for coconut oil and coconut-based...

57% of Indian e-commerce and q-commerce shoppers struggle to find ‘best before date’ on most platforms: Survey

A comparison with the 2023 results shows that the percentage of consumers who cannot find the displayed best before date has increased from 50% to 57%, reflecting a decline in complianceBengaluru: As many as 57% of Indian e-commerce and...

E-comm deep discounting creating grey mkt, leading to loss to national exchequer: CAIT, AIMRA

Confederation of All India Traders (CAIT), in collaboration with the All India Mobile Retailers' Association (AIMRA), placed the demands in a white paper on the impact of e-commerce giants Amazon and Flipkart on India's retail ecosystemNew Delhi: The Competition...

Over one-third of grocery products listed on a major e-commerce platform have information discrepancies: Study

The study identified several discrepancies, including varying net weights, inconsistent barcodes, and poor-quality imagesBengaluru: As many as 34.83% of grocery products (approximately 1,000 products) listed on a major e-commerce platform have incomplete or inaccurate information, according to a study...

Swiss Military aims to dominate the Indian market, targets 10,000 retail touchpoints in 3 years

The multi-product retailer is planning a major push into offline retail, aiming to launch shop-in-shops and exclusive brand outlets across India Bengaluru: Swiss Military, a global lifestyle brand with a 30-year legacy, is targeting major growth across India, aiming to reach...

71% Indians indicate a sentiment to shop online this festive season: Report

The report indicates that nearly 50% of respondents planning to shop online would spend more on festive shopping this year compared to last yearBengaluru: As many as 71% of Indian consumers indicate a sentiment to shop online this festive...

Will protect aspirations of 100 million small retailers, mom-and-pop stores: Goyal

The minister had last month stated that e-commerce companies are eating into the small retailers' high-value, high-margin products that are the only items through which the mom-and-pop stores surviveNew Delhi: Commerce Minister Piyush Goyal on Wednesday said that the...

Over 60% of consumers to increase online shopping budgets this festive season: Meesho

50% of the respondents use influencer links to shop for trending products, with 70% following influencers for product reviews and hauls Bengaluru: E-commerce adoption in tier-2 and beyond cities is set to grow as more than 60% of mass consumers increase...
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Haldiram Snack to invest Rs 300 crore in Bihar; will set up manufacturing plant

The manufacturing plant is expected to be operational by mid-2027Patna: Haldiram Snack, a leading player in the packaged food...
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