Amazon seeks CCI nod to acquire 49% of Future Coupons; Nasscom to mentor 30 deep-tech startups

Tanmay Tiwary

Amazon seeks competition watchdog’s approval for its proposed deal to acquire 49% of Future Coupons. Industry body Nasscom ....

3 October, 2019

Amazon, Flipkart get Rajasthan High Court notices for FDI non-compliance

Payal Ganguly

The Jodhpur bench of Rajasthan High Court has issued notices to Amazon and Flipkart in response to a writ petition filed by the ....

1 October, 2019
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Govt asks ecomm platforms to upload FDI compliance reports by Sept 30

Payal Ganguly

The government has asked online marketplaces to upload the audited reports on compliance with foreign direct investment (FDI) ....

30 August, 2019

Cabinet proposals on FDI: Good news for brands, digital media companies wait and watch

Payal Ganguly

The union cabinet on Wednesday approved a proposal to review the foreign direct investment (FDI) policy to ease sourcing norms ....

29 August, 2019

SoftBank plans $550 mn investment in Lenskart, DailyHunt; Alibaba halts further investments in India

Team TC

Japan-based SoftBank is likely to invest $400 million in the eye-wear retailer Lenskart and $150 million in Dailyhunt. Jack Ma-owned ....

26 August, 2019

Policy Wrap: Cab aggregators wait for modified motor vehicles bill; govt panel seeks ban of cryptocurrency in India

Payal Ganguly

Ride-hailing companies like Uber and Ola may be covered under central rules. Chinese imports may attract 50% duties. Motor ....

26 July, 2019
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Flipkart incentivises sellers to offer discounts

Binu Paul

Walmart-backed e-commerce platform Flipkart has introduced a new initiative to incentivise sellers, effectively circumventing ....

16 July, 2019

Club Factory rejigs biz model after tax woes trigger sharp slide in volumes

Payal Ganguly

China-headquartered Club Factory has run into rough weather in India, with tax-related troubles hampering the cross-border e-commerce ....

3 June, 2019

Decks clear for FDI, Amazon doubles down on food retail, infuses $35 mn

Payal Ganguly

Three months after a government clarification that companies with foreign direct investment (FDI) in food retail can continue ....

1 April, 2019

Delhi HC dismisses PIL against Amazon, Flipkart for flouting FDI norms

Payal Ganguly

On Monday, a Delhi High Court bench, headed by Chief Justice Rajendra Menon, dismissed a public interest litigation that sought ....

19 March, 2019
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Walmart 'disappointed' with FDI norms for e-commerce but confident about Flipkart

Payal Ganguly

Walmart’s honeymoon with Flipkart is far from over as the US-headquartered retail giant said that the cost of complying ....

20 February, 2019

Flipkart CEO dismisses Morgan Stanley warning on likely Walmart exit

Kavya Kothiyal

Flipkart has refuted brokerage firm Morgan Stanley's warning that Walmart Inc. may exit the Indian company because of the ....

6 February, 2019

New FDI rules: Amazon's grocery service revives after disruption

Reuters

Amazon.com Inc's grocery service is slowly returning on its India website after the online retail giant faced disruption ....

5 February, 2019

In numbers: Can Flipkart, Amazon sustain growth momentum after policy tweaks?

Vijayakumar Pitchiah

The underlying theme of India’s decision to revise the rules for foreign direct investment (FDI) in e-commerce was to force ....

5 February, 2019

Draft e-commerce policy gathers steam as govt consults stakeholders

Payal Ganguly

The national draft policy on e-commerce has undergone stakeholder consultations four months after being revived in a new format, ....

4 February, 2019

Amazon converts sellers Appario and Cloudtail into wholesale entities: Report

Vijayakumar Pitchiah

To comply with the new foreign direct investment rules, e-commerce major Amazon India will make two of its largest sellers, Cloudtail ....

4 February, 2019

Amazon pulls out private labels from India website as new e-commerce rules kick in

Payal Ganguly

Amazon.com Inc.’s India unit removed all listings of its private brands across several categories as the government’s ....

1 February, 2019

Govt sticks to Feb 1 deadline for new e-commerce rules

Payal Ganguly & Binu Paul

The Department of Industrial Policy and Promotion (DIPP) said on Thursday it will not extend the February 1 deadline for new rules ....

31 January, 2019

New e-commerce rules: Flipkart, Amazon tell sellers to keep calm and carry on

Payal Ganguly

As the February 1 deadline to comply with India’s new e-commerce regulations draws nearer, online marketplaces Flipkart ....

28 January, 2019

CCI approves Amazon’s joint acquisition of food retail chain More

Vijayakumar Pitchiah

The country’s anti-monopoly watchdog has approved private equity firm Samara Capital and e-commerce giant Amazon’s ....

18 January, 2019

Flipkart and Amazon request deadline extension to comply with FDI policy

Dearton Thomas Hector

US-based e-tailer Amazon’s India arm and US retailer Walmart-owned e-commerce major Flipkart have reportedly asked the Indian ....

16 January, 2019