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Flipkart calls 800 employees layoff report false and baseless

In an interview to Indiaretailing Bureau, Flipkart completely denied a report carried by The Economic Times alleging the company was laying off 800 employees. Flipkart's Chief Administrative Officer, Nitin Seth told Indiaretailing Bureau: "We completely and unequivocally deny any such move from...

Snapdeal undergoes brand makeover; unveils new logo, tagline

Online marketplace Snapdeal has announced the launch of its new logo and tagline, Unbox Zindagi (or Unbox Life), as it aims to position itself differently in the hyper-competitive e-commerce business. As part of the makeover, Snapdeal’s logo will now be...

Vendors, not consumers, are centre of e-commerce strategy this festive season

From disbursing loans to taking commission cut for discounts, E-commerce companies across the board are leaving no stone unturned to make most of this year's festive season sale. E-commerce players - who in 2014 queered the pitch for brick-and-mortar retailers with the...

Flipkart most preferred e-commerce platform: Survey

India's largest e-commerce marketplace, Flipkart has once again emerged as India’s most preferred online shopping platform according to the latest E-tailing Leadership Index conducted by research firm RedSeer Consulting. With an overall score of 95, Flipkart has been ranked ahead of players...

Snapdeal joins its rivals: Plans to disburse loans to sellers

With the peak festival close on heels, Snapdeal has also announced its plans to disburse collateral free loans worth Rs 1000 crores for its sellers to enable them to stock up for the Diwali spike. The festive season loans would...

Snapdeal launches its own Cloud platform

Online marketplace Snapdeal on Thursday launched its private cloud platform named "Snapdeal Cirrus" which is built entirely on open source. Touted as a true hybrid Cloud, Snapdeal Cirrus expands seamlessly to public and allow various applications to be dynamically assigned...

E-commerce companies ask to be exempted from GST

India's e-commerce companies on Tuesday met the empowered committee of state finance ministers and asked that they be kept out the ambit of the proposed Goods and Services Tax (GST). However, the state finance ministers committee did not appear to be in a mood...

Will e-commerce companies be exempted from GST?

The rapidly expanding e-commerce companies have made a strong case for keeping them out of the proposed GST net but the state finance ministers appeared in no mood to oblige. According to a PTI report: At the first meeting of...

Snapdeal takes on Amazon Prime, Flipkart Assured with 'Snapdeal Gold'

Online marketplace Snapdeal recently announced the launch of premium service, Snapdeal Gold to take on its rival Flipkart's Assured and Amazon's Prime services. While Amazon Prime, the membership programme of Amazon, has been launched for an initial price of Rs.499, Snapdeal Gold’s services are free of cost for its customers. Under the services, Snapdeal will offer its customers free shipping, free upgrade to next-day-delivery and extended 14-days return period on their orders. On the other hand, under Flipkart Assured, goods undergo a six level quality check and the company aims to offer large part deliveries to be done within two to four days. “Our team met over 10,000 customers across the country to identify the key services they desire from...

Ranjan Kant, Chief Marketing Officer, Jabong

Ranjan Kant, Chief Marketing Officer, Jabong Jabong has hired Ranjan Kant as its Chief Marketing Officer. Kant was earlier employed with Snapdeal as Head of Strategy. After spending seven years at The Boston Consulting Group, which he joined in 2006 (mostly in Retail, Technology,...
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Havells India Q1 net profit up 42% at Rs 407.51 crore

The company had posted a consolidated net profit of Rs 287.07 crore in the same quarter last fiscalNew Delhi:...
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