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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...

E-commerce firms should respect law of land: Goyal

Addressing an event in Mumbai, Goyal said the country's foreign direct investment (FDI) norms are clear for the e-commerce retail and these companies should stick to the rule of the lawNew Delhi: Commerce and Industry Piyush Goyal On Tuesday...

Meesho narrows adjusted losses to Rs 53 cr in FY’24

Meesho's revenue from operations grew by 33% to Rs 7,615 crore in FY'24, from Rs 5,735 crore in FY'23.New Delhi: Softbank-backed Meesho on Wednesday said it has narrowed adjusted losses to Rs 53 crore in the financial year ended...

Flipkart India’s revenue jumps 26% to Rs 70,844 cr in FY24

The robust growth comes even as the Bengaluru e-commerce company’s net losses rose 13% to Rs 4,194 crore, the Tofler data accessed through the Registrar of Companies (RoC) showed. New Delhi: India’s top e-commerce company Flipkart India Pvt. Ltd saw...

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...

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...

E-tailers breaching FDI norms, consumers should think who benefits from their purchases: Goyal

The minister said the deep pockets of companies like Amazon help the small traders and retailers indulge in predatory pricing and also deploy algorithms to influence consumer choice and preferencesMumbai: Continuing to voice concerns over e-commerce players like Amazon,...

Amazon India top boss Manish Tiwary quits

Tiwary has resigned the e-commerce major after eight years to pursue other opportunitiesMumbai: Country head of leading e-commerce marketplace Amazon India, Manish Tiwary, has quit the company and will be moving on as reported by a leading media. Tiwary...
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Digital Icon : Rakesh Bali

Rakesh Bali is at the helm of brand marketing, communications, events, and sustainability-related marcom initiatives for the petrochemicals segment...
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