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Flipkart ranked #1 amongst India’s most trusted e-tailing brands

A nationwide consumer study titled the 'The Indian E-tailing Leadership Index' - conducted by research firm Red Seer Consulting - says Flipkart is India’s most trusted e-commerce brand. For the fourth time in a row, Flipkart ranked overall number one in the study, scoring the...

Over 80 pc Indian youngsters use smartphone for shopping: Study

More than eight in 10 young adults use their smartphones for shopping, a survey has showed. The findings, by digital marketing firm Regalix, showed that a whopping 83 per cent used their advanced smartphones for some online retail shopping, emarketer.com...

T Rowe Price marks down Flipkart again, valuation down to $9.9 bn

Mutual fund investor T Rowe Price has cut the valuation of India's largest online retailer Flipkart marginally by another 4 per cent to about $9.9 billion. The move comes after the other major mutual fund shareholder, Morgan Stanley , slashed valuation...

Flipkart launches new program to safeguard delivery staff

or the safety of their field executives or "Wishmasters", e-commerce platform Flipkart on Wednesday launched "Project Nanjunda" that enables them to raise an alarm in case of an emergency. The project has been named after "Wishmaster" Nanjunda Swamy, who was...

Voylla opens 100th Indian outlet, targets 250 by year-end

Fashion jewellery brand, Voylla, which has already established itself as an Omnichannel fashion jewelry platform has launched its 100th retail store in Asansol, West Bengal. According to a ANI report: It is the second largest city in Bengal leading to major...

Flipkart looking to take decisive lead in Indian market; considers 2017 to be defining year

2017 will be a defining year for Flipkart as the company is looking to take "decisive lead" in the Indian market, its co-founder Sachin Bansal has said. According to a PTI report: The company, which recently announced top-level changes, said...

Flipkart, Horlicks in trouble as ASCI upholds complaints against ads

Advertising sector watchdog ASCI upheld complaints against 98 misleading advertisements in October, including those of Flipkart, Air India, Bajaj Corp, AB Inbev India, GlaxoSmithKline Consumer Healthcare, Panasonic, Xiaomi Technology, Vodafone and Bharti Airtel. According to a PTI report: The Customer...

Flipkart rejigs top brass, Binny Bansal appointed Group CEO

Leading e-tailer Flipkart on Monday formed a group with its subsidiaries Myntra-Jabong and PhonePe and made co-founder Binny Bansal its Chief Executive Officer (CEO). "In the new structure, Kalyan Krishnamurthy is Flipkart's CEO, Ananth Narayanan Myntra's CEO and Sameer Nigam...

Impact of demonetization on online shopping in 2017

India is one of the key growth countries when it comes to e-commerce but it is still at a nascent stage and has a huge potential for growth. The Indian Government's sudden and unprecedented move on November 8, 2016...

Myntra to introduce more private labels; aims to turn profitable by March '18

Flipkart-owned Myntra is aiming to become profitable by March 2018, helped by a combination of rationalising costs, cutting discounts and introducing more private labels. According to a PTI report: The online fashion retailer, which has crossed a revenue run rate...
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IR Smart Class: Identity As a Service (IDaaS) Simplified

An explainer on Identity and Access Management-As-A-Service (IDaaS) in the context of retailRetail organisations have to deal with mountains...
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