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Govt to sell Banarasi saris, Madhubani art online

A study conducted by the Centre for WTO Studies at Indian Institute of Foreign Trade has identified geographical indication (GI) as a key area for policy initiatives within one year. The study, commissioned by the Department of Commerce, suggests the...

Flipkart introduces new online wallet

India's e-commerce major Flipkart, in a bid to foray into the payments business, has launched an online wallet, Flipkart Money. The online wallet will directly compete with Alibaba-backed Paytm and Snapdeal's Freecharge. Flipkart Money will help the firm increase the...

Snapdeal, FICCI to bring women artisans online

E-commerce major, Snapdeal and FICCI Ladies Organization (FLO) have signed an agreement to kick-start a Women Entrepreneurship (WE) in e-commerce initiative. "India is the fastest growing e-commerce market in the region and we need to further encourage women to foray...

Amazon is India's most trusted e-com brand: Survey

World's largest e-retailer Amazon is India's most trusted online shopping brand followed homegrown Snapdeal and Flipkart, a survey conducted by Trust Research Advisory has concluded. Other firms that figure in the top 10 trusted online shopping brands are Ebay, Myntra,...

Snapdeal to 200 workers: Perform or perish

Competition is heating up; rivals like Amazon and Flipkart are gaining ground; Snapdeal is under pressure to perform, and it’s passing this pressure on to the employees. The e-commerce giant has put 200 employees on a Performance Improvement Plan (PIP)....

E-retailers held 83 per cent market share in 2015

According to a study conducted by Morgan Stanley, Flipkart, Snapdeal, and Amazon – the “Big Three” accounted for more than 80 per cent of the total market in 2015. Snapdeal and Amazon India lost market share as online shopping options...

Flipkart, Snapdeal to strengthen logistics arms

Flipkart's CEO, Binny Bansal, has decided to keep control of the company’s logistics arm under himself even as the e-retailer is throwing its doors open to outside players in the field of logistics. Flipkart restructured teams in its retail and...

Offline retailers slow e-com blitz

Delhi: According to a report in Business Standard, the combined losses of Flipkart, Amazon and Snapdeal – India’s top e-retailers – were Rs 4,984 crore during 2014-15. The report goes on to state that three of the largest, listed offline...

Flipkart shuts grocery delivery app Nearby

Less than five months after testing it, Flipkart has decided to shut down its grocery delivery app, Nearby. The experimental app was launched by the online retail giant in October last year. Nearby was only launched in one city,...

Positive quarter puts retailers on growth path

Prominent retailers of the country seem to be on a roll when it comes to posting their quarterly numbers. While Future Lifestyle Fashion posted a nine fold jump in net profit, encouraging festival season sales saw, Shoppers Stop reporting...
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Ex-Zomato executive-owned F&B company Ninecamp Ventures raises Rs 16 cr seed funding

The proceeds will be allocated to enhancing the brand portfolio, acquiring prime real estate, recruiting talent, and investing in...
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