Organised retail sector to help e-comm mkt touch $84 bn in 2021: Study

According to a report titled “Unravelling The Indian Consumer” by Deloitte India and Retail Association of India, a fast-growing economy and robust demographics provide a positive outlook to the consumer businesses in India. Continue Reading

Major business model rejig on anvil as e-comm deadline stays put

New e-commerce rules have been implemented without postponing the deadline, much to the surprise and disappointment of majors in the retail market Amazon and Walmart-backed Flipkart. Continue Reading

India for completion of ‘Doha Round’ before global e-comm rules

Due to lack of rules that will put a hold on the booming e-commerce world, 76 members of the World Trade Organization (WTO) including China, the European Union, Japan and the United States agreed to start negotiating a new framework. Continue Reading

E-commerce firms to seek extension of 1 Feb deadline

The government had yesterday clarified that it has not barred online marketplaces like Flipkart and Amazon from selling products of companies where they hold stakes and banned exclusive marketing arrangements that could influence product price. Continue Reading

E-comm sector gets backing of Indian investors with $2bn funding: Study

According to investment tracking firm YourStory, the sector also saw the total number of funding deals this year reach 132 (as of last week), up from the 103 deals in 2017. Largescale corporate M&A deals are not part of the funding deals list prepared by the tracking firm. Continue Reading