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