E-business
Tata Group to launch `Super App” for digital services: report
24 Aug 2020
Tata plans to use the `Super App’ to make available a range of services that would eventually include food and grocery, fashion and lifestyle, consumer electronics and consumer durables, insurance and financial services, education, healthcare and bill payments
Amazon’s Q2 net income doubles to $5.2 billion
03 Aug 2020
Flipkart to offer 90-minute deliveries in India
29 Jul 2020
India adds 47 more Chinese apps to `banned’ list
27 Jul 2020
Amazon changes tac, talks of creating a million jobs in India
17 Jan 2020
Amazon chief Jeff Bezoz who on Wednesday spoke of investing $1 billion in India, changed tone on Thursday and said the company will create a million jobs in the country by 2025 after India’s commerce minister said Amazon’s investment, which aims at recovering past losses, is no favour for India
CCI probes alleged anti-trust practices by Amazon, Flipkart
14 Jan 2020
The anti-trust regulator has ordered a probe into allegations of exclusive sales, deep discounts and preferential treatment to certain sellers by the two e-commerce firms
RIL launches its e-commerce venture My Jio Mart
31 Dec 2019
RIL’s online retail venture is backed by around 50,000 local grocers across the country and Reliance’s own retail arm Reliance Retail that operates 10,091 stores spanning nearly 7,000 towns in the country
Paytm raises $1 bn at $16 bn valuation
25 Nov 2019
Govt seeks details of top 5 sellers on Amazon, Flipkart
21 Oct 2019
Traders body CAIT alleges an unholy nexus among e-commerce firms like Amazon and Flipkart, brands, particularly in mobile, FMCG, electronics, electrical appliances, footwear, garments and various banks that tend to distort prices of different products on online portals
Jack Ma officially steps down as executive chairman of Alibaba
10 Sep 2019
Alibaba, which he co-founded in 1999, has become one of the world's biggest internet firms, currently valued at $480bn, which made Ma China's richest man, with a net worth of $38.6bn
Amazon acquires 49% stake in Future Coupons
23 Aug 2019
The move by American giant Amazon to acquire a stake in Future Coupons is heating up the retail scenario in India, especially with Walmart also planning major expansion and Reliance Retail joining hands with small-time retailers
Amazon to acquire 10% stake in Future Retail
13 Aug 2019
Under the agreement, Amazon will have the option to buy more shares from Kishore Biyani, Future Retail’s founder and chairman, giving the US e-commerce firm an edge over rival Flipkart and the planned e-commerce venture of Reliance Retail
Binny Bansal sells 0.33% in Flipkart to Walmart for $76.4 million
24 Jun 2019
Binny Bansal, who had earlier also sold a small portion of his residual stake in Flipkart, owned 3.52 per cent stake in Flipkart before the latest sale of 5,39,912 shares to Walmart