snapdeal
Retail
CAIT demands stay on business ops of Amazon & Flipkart, says discounts flout FDI policy
The Confederation of All India Traders (CAIT) has charged e-commerce biggies Amazon, Flipkart and Snapdeal - and others - for violating India's FDI policy for e-commerce issued by the Government on March 29, last year.
The traders' body has filed...
Retail
Flipkart confident to surpass Amazon in smartphone sales
SoftBank-backed Flipkart is confident of extending its lead over US-based rival Amazon in smartphones sales and expects 1 in 2 smartphones sold online during the festive season will be through its platform.
"We have been hovering around 2-2.5X of the...
Food
Indian health and wellness brand Gaia ventures into organic spices
Spices are more than just a delectable way of enhancing the flavour of your favourite dishes. Besides boosting the nutritional value and preserving freshness, spices have an incredible number of medicinal properties including anti-inflammatory (cinnamon) and anti-carcinogenic (turmeric) as...
Retail
Snapdeal to host three-day festive sale from Sept 1 onwards
E-commerce firm Snapdeal said it will host a three-day sale offering double-digit discounts across categories like electronics, fashion, and home between September 1-3.
According to a PTI report: Snapdeal, which was engaged in merger talks with larger rival Flipkart till...
Fashion & Lifestyle
Lux Cozi to strengthen presence in Southern markets, focus on online retail
Lux Cozi is a top player in the men’s innerwear market in India, with a strong presence in the mid-to-high economy segment. It’s a ‘value for money’ brand, which offers great comfort and style at very affordable prices.
The brand’s...
Retail
Rise of Indian luggage industry: From utility to fashion accessory
Remember when Hritik Roshan acted as the poster boy of VIP commercials, making all the girls swoon and all the boys wish they could carry a VIP luggage like him. How about when American Tourister commercial became an exemplary...
Retail
The real reason why a Flipkart-Snapdeal merger did not materialize
The Snapdeal-Flipkart merger talks hit a dead end for a variety of reasons, including the complex structure of the deal that would have placed millions of dollars worth of tax liability on many of Snapdeal’s investors, according to people...
Fashion & Lifestyle
FCUK India to base expansion on market research, align strategy with e-commerce
Premium underwear brand FCUK Underwear is building on the cutting-edge style and design aesthetic of its parent apparel brand in India, playing on its core strengths of product quality, perfect body contouring fits and fun and audacious prints that...
Retail
Top level exodus continues at Snapdeal; two more senior executives resign
Amid severe administrative turmoil, two more senior executives submitted their resignation from e-commerce player Snapdeal, expressing their displeasure with the top management.
According to a PTI report: Rahul Ganjoo, Vice President, Programme Management and Arvind Heda, Vice President, Technology (Data...
Retail
Snapdeal to trim operations; workforce could be pared to about 500-600 people
Snapdeal may trim its workforce to half from the current 1,200 employees over the next few months as it pursues an independent path post calling off merger with bigger rival Flipkart, company sources told PTI.
According to a PTI report:...
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Reliance Retail Q1 profit rises 4.6 % to Rs 2,549 crore
The retail behemoth also recorded 18.87% increase in number of footfalls at its stores at 296 million in the...
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