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E-commerce operators to deduct TCS under GST

E-commerce operators like Flipkart and Snapdeal will have to deduct TCS (tax collected at source) while making payments to their suppliers, according to the new model GST law, which has done away with the definition of 'aggregator'. According to a...

Third-party logistics firms ride on e-commerce boom in India

With the tech-savvy Gen-Next and the upwardly mobile shopping online to buy even their daily needs in cities and towns across India, third-party logistics firms are riding high on the e-commerce boom. Though leading e-tail behemoths like Flipkart, Amazon and...

Note Ban: E-tailers resume cash-on-delivery option for payment

E-commerce majors Flipkart, Snapdeal and Amazon have resumed the cash-on-delivery option for orders on their websites and apps after disabling it temporarily post the Government’s decision to demonetize Rs 500 and Rs 1,000 denomination notes. While Amazon India had brought...

Demonetization is inflection point for India’s digital payments economy: E-comm giants

India is a country which has population of 1.25 billion, approximately 660 million debit cards and 25 million credit cards. In theory, the country is almost ready to go cashless, but where it lacks is the point of sales...

Sachin Bansal calls demonetization a good move but challenges exist

E-commerce major Flipkart said the intent behind the Centre's demonetization of Rs 500 and Rs 1,000 notes is "very good", but there are challenges that exist with its execution. According to PTI report: Flipkart Executive Chairman Sachin Bansal suggested that...

We’ll touch Rs 100 cr-mark in Indian mobile accessories market by 2017: Intex

The Indian mobile accessories market is set to explode owing to the exponential smartphone sales growth and domestic phone maker Intex aims to touch the Rs 100 crore mark in this segment by March 2017 while gearing up to...

Jabong sees a turnaround; records 50 pc growth in net revenues in Oct

Fashion e-tailer Jabong, which was acquired by arch rival Myntra a few months ago, has witnessed a 50 per cent growth in net revenues in October, according to the company. The company claimed to have closed October with the first...

Snapdeal rolls-out 'wallet on delivery'; offers 10 pc discount on online payment

Post the Government's recent decision on demonetization of Rs.500 and Rs.1000 currency notes, e-commerce major Snapdeal has launched a new feature - Wallet on Delivery (WoD) - to allow users to pay on delivery by using its FreeCharge wallet. The unique...

Currency Ban: E-tailers disable CoD, huge surge in business for mobile wallet cos

In a historical step to save India from corruption and the curse of black money, Prime Minister Narendra Modi on Tuesday evening banned the use of Rs 500 and Rs 1,000 notes with immediate effect. However, the demonetization of...

TRA study says Amazon is India's most attractive Internet brand

US-based online retailer Amazon has been ranked as the most attractive Internet brand in the country ahead of rivals Flipkart and Snapdeal as well as search engine giant Google, according to India's Most Attractive Brands Study 2016. "For the first...
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What’s driving the clean beauty movement

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