Washington: US regulators and 17 states are suing Amazon over allegations the e-commerce behemoth abuses its position in the marketplace to inflate prices on and off its platform, overcharge sellers and stifle competition. The lawsuit, filed Tuesday in federal court in Amazon’s home state of Washington, is the result of a years-long investigation into the … Read more
One of Sameera’s designs | Photo Credit: Special Arrangement One of costume designer Sameera Saneesh’s workspaces, on Chittoor Road, is abuzz with activity. Garments are being steam ironed and readied for a photoshoot by her assistants as the designer readies herself to launch her label on her eponymous website sameerasaneesh.com. “For now the garments are … Read more
New Delhi: Conversations around menstruation can still make parents and teenagers feel slightly uncomfortable. However, they do need some good insights on this before entering into a new phase of life and making decisions about their health. While the issue persists, Amazon UK has trained Alexa, its virtual assistant technology on how to give advice … Read more
New Delhi: The decision to allow firms below the GST threshold to engage in e-commerce is a major decision, which will help small businesses get benefitted from the fast-growing online sector, Commerce and Industry Minister Piyush Goyal said on Thursday. The decision will be a game-changer for the success of the government’s Open Network For … Read more
New Delhi: Commerce secretary BVR Subrahmanyam on Saturday said areas where India’s manufacturing is growing and sectors wherein the government has rolled out production-linked incentive (PLI) schemes have been put on the negative list in the trade pact with the United Arab Emirates (UAE). To protect sensitive sectors, India has kept certain segments out of … Read more
SpiceJet on Saturday said it plans to introduce drone delivery service to transport vaccines, life-saving medicines and essential goods. The budget carrier said it has partnered with Throttle Aerospace for more than 50 customised high-end drones, while Aeologic will provide the drone software management. In a statement, SpiceJet said, it plans to introduce customised drones … Read more
Amid domestic traders continuously complaining alleged violations of FDI norms by foreign online players, Commerce and Industry Minister Piyush Goyal on Friday said the ministry will “very shortly” come out with certain clarifications on the e-commerce sector. Goyal said the ministry is not changing any policy on e-commerce for foreign direct investment as the policy … Read more
New Delhi: Flipkart Wholesale app, which currently offers fashion products to retailers in 23 cities, witnessed 75 per cent month-on-month growth in customer base since its launch in September, according to a statement. Encouraging trends have emerged from retailers in small towns who have opted for e-commerce as a preferred mode to do business at … Read more
NEW DELHI: The Covid-19 pandemic has adversely impacted the global economy. But there is a particular sector that has flourished considerably throughout the period. It is the e-commerce and internet services provider sector. With the growing concerns about the spread of the virus, people had started turning towards other modes of transactions, work, and leisure. … Read more
NEW DELHI: Avenue Supermarts (DMart)’s September quarter numbers suggest that while the demand for the company’s FMCG segment has recovered smartly in successive months, it would still take some time before the non-FMCG demand reaches pre-Covid levels. September was the second straight quarter when the Radhakishan Damani-led company reported a fall in both top and … Read more