Is Centre looking to revise FDI rules in e-commerce?

The Centre is considering revising the foreign investment rules for e-commerce, three sources and a government spokesman said, a move that could compel players, including Amazon.com Inc, to restructure their ties with some major sellers. Continue Reading

Govt directs ED, RBI to act against Amazon

In a significant development related to war between e-commerce giants and traders of India, the Union Government has directed the Enforcement Directorate and Reserve Bank of India to take necessary action against Amazon and Walmart-owned-Flipkart. Continue Reading

Prione wins CII Customer Engagement Award

Prione Business Services Pvt. Ltd. a joint venture between Catamaran and Amazon, won the Recognition for Active Customer Engagement at the ‘Confederation of Indian Industry (CII) Award for Customer Obsession, 2020’ ceremony. Continue Reading

NT compiles major business booms of the decade

With 2019 coming to an end, News Today compiles a list of sectors that made a huge dent. They were chosen based on impact they made to our lives. From online shopping to food delivery, from watching web series to e-learning, the 2010s has been a decade to remember. Continue Reading

Grofers loss widens to Rs 448 crores

The company had posted a net loss of Rs 258.3 crore for the year ended March 2018, as per documents filed with the Corporate Affairs Ministry and sourced by business intelligence platform Tofler. Continue Reading