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‘At 29k crore, e-retail sales...

NEW DELHI: Consumers seem to be...

SC to examine if e-tailers...

NEW DELHI: The Supreme Court on...

‘At 29k crore, e-retail sales in 4 days up 16%’

NEW DELHI: Consumers seem to be splurging on festive shopping, with e-commerce platforms estimated to have garnered about Rs 29,000 crore in sales in the first four days of the festive sale period, according to a report released by Redseer Strategy Consultants on Friday. This translates into a 16% increase in sales over the year-ago period. Major e-tailers Flipkart and Amazon launched their annual festive sales on October 8 this year. The surge in demand was helped by several deals offered by platforms on high ASP (average selling...

‘At 29k crore,...

NEW DELHI: Consumers seem to be splurging on festive shopping, with e-commerce platforms estimated to have garnered about Rs 29,000 crore in sales...

SC to examine...

NEW DELHI: The Supreme Court on Friday agreed to examine whether the burgeoning Rs 6-lakh-crore business by e-commerce platforms is liable for local...

Festive Season: Festive...

NEW DELHI: Indian e-commerce platforms are collectively expected to clock sales worth Rs 90,000 crore this festive season, according to a report released...

KKR to invest...

Global investment firm KKR & Co will invest an additional 20.69 billion rupees ($249.19 million) in Indian billionaire Mukesh Ambani’s rapidly expanding retail...

Walmart invests $3.5...

NEW DELHI: Walmart has spent $3.5 billion this year to increase its stake in Indian business Flipkart to 80.5%, underlining the aggressive bets...

Mahindra Logistics to...

Mahindra Logistics Ltd, one of the largest integrated third-party logistics service providers, plans to scale up its warehousing capacity in Tamil Nadu to...

Optical Illusion: You...

One of the most popular puzzles on the internet is visual puzzles or mystery puzzles. These puzzles come in various forms, such as...

Amazon move to...

NEW DELHI: Amazon's move to withdraw 27 of its 30 private labels in the US couldn't have come at a worse time for...