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Flipkart aims to reduce returns further by 10-15 percent this year

E-commerce major Flipkart said it aims to reduce returns on its platform by another 10-15 percent as it engages more with its sellers to help the latter enhance their quality of products and increase sales.According to a PTI report:...

Amazon joins the race to acquire Flipkart; offers to buy 60 pc stake

As the world's largest retailer, Walmart, is inching closer to buying out India’s Flipkart in a US $12 billion deal, rival Amazon has jumped into the fray, making a formal offer to pick up a 60 percent stake in...

How Walmart-Flipkart deal will be a game-changer in the Indian e-commerce industry

Walmart is reportedly closing in on a big acquisition of Flipkart, and if it happens, India’s retail market could face a major upheaval soon.According to Bloomberg, Walmart hopes to acquire a controlling interest in Flipkart for US $12 billion...

Snapdeal posts Rs 4,647 crore net loss in 2016-17

E-commerce firm Snapdeal saw its losses mounting to Rs 4,647 crore for the fiscal ending March 2017, impacted by a provision for 'impairment of goodwill' of Rs 1,797 crore.According to regulatory filing to the corporate affairs ministry by Jasper...

Discounted online sales of direct sellers’ products by e-comm players hits industry

Discounted online sales of products of direct sellers without their consent on platforms like Flipkart, Amazon, Snapdeal and Shopclues is making significant dents on their business, according to India Direct Selling Association (IDSA).According to a PTI report: In its...

How Walmart-Flipkart deal will disrupt online retail industry in India

Walmart is reportedly closing in on a big acquisition of Flipkart, and if it happens, India’s retail market could face a major upheaval soon.According to Bloomberg, Walmart hopes to acquire a controlling interest in Flipkart for US $12 billion...

Shilpa Shetty Kundra invests in Mamaearth

Delhi-based mother and childcare products company Honasa Consumer Pvt Ltd's brand Mamaearth has announced that Bollywood celebrity, mother and entrepreneur – Shilpa Shetty Kundra has come on board as an equity investor.Mamaearth is Asia's first ‘MadeSafe' certified brand offering...

Flipkart eyes 40 pc share of India’s phone market

E-commerce major Flipkart said it has seen strong growth in handset sales on its platform and aims to touch 40 percent market share by 2020 as part of its 'Mobiles 40by20' strategy.According to a PTI report: Outlining the details,...

Flipkart, ASUS to launch Indian consumer-oriented products

E-commerce player giant Flipkart and Taiwanese electronics company ASUS on Tuesday announced a long-term partnership under which Flipkart will become ASUS' premier partner and seller for smartphones that have been customised to address Indian customers' needs.On the marketing front,...

Amazon, Flipkart to drive growth in cargo segment; air cargo to benefit by Rs 1,000 cr: Report

The e-retail industry led by the likes of Amazon and Flipkart has brought about a major disruption in the domestic cargo sector with an expected contribution of about Rs 5,000 crore this fiscal, of which the air cargo segment...
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Digital Icon : Kiran Komatla

Kiran Komatla is a distinguished technology professional with over two decades of experience spanning various domains. His impressive list...
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