CORONAVIRUS: Kerala to allow online sales of liquor

With a 21-day lockdown on people movement coming into place overnight, the Kerala government has taken an in-principle decision to allow the sale of liquor via the Internet. A decision in this respect was taken at today’s meeting of the council of ministers headed by Chief Minister Pinarayi Vijayan, according to local media reports. Liquor […]

Center wants states to include e-commerce, IT-BPO in essential services

Ministry of Electronics and Information Technology, Government of India, has requested all state governments to include IT and BPO employees, as well as e-commerce, in their list of essential services. Several state governments, including Maharashtra, Kerala, Tamil Nadu and Andhra Pradesh, have announced strict curbs on the movement of people and the functioning of shops […]

Amazon, Flipkart festival sales beat slowdown blues, US firm claims No.1 spot

Amazon, the US-based online retailer, released a bunch of numbers on the final day of its five-day festival sale to paint a surprisingly rosy picture of its performance during the biggest sales event of the annual online calendar. Notable among the numbers was a 15-fold jump in the sales of smartphones during the sale period, […]

Mukesh Ambani: Reliance Jio To “Shortly Launch” E-Commerce Venture With 3 Cr Sellers

Even as Amazon and Flipkart find their business models crippled by new changes in the law, India’s richest man Mukesh Ambani announced that his upcoming e-commerce venture will partner with 3 cr sellers, making it the biggest such platform in the country by number of sellers. “Jio and Reliance Retail will shortly launch a unique […]

Walmart-Flipkart deal to change offline retail in India – CMR

CyberMedia Research, the market research arm of the CyberMedia publishing group, has predicted that the $16 bln acquisition of Flipkart by WalMart, the world’s largest retailer, will bring far-reaching changes in India’s retail sector, both online and offline. The news of the deal has already led to some response from offline retail players such as […]

Hero MotoCorp launches e-commerce portal for selling genuine parts

Hero MotoCorp has launched online shop for consumers to buy genuine parts and accessories for their Hero scooters and motorbikes. The portal, www.hgpmart.com, will be run by the company directly. However, it will tap close to 100 distributors in a ‘hub and spoke’ model for fulfillment. Consumers can buy any part by following a step-by-step […]

Cartrade.com to buy majority stake in Shriram Automall for Rs 156 cr

Shriram Transport Finance Company said it has decided to sell a majority stake in its vehicle auction company Shriram Automall to Cartrade.com to create what it called India’s leading used vehicle platform. CarTrade, owned by MXC Solutions India, will acquire majority stake in Shriram Automall India Limited (SAMIL), India’s offline auction platform for pre-owned vehicles […]

Adani to enter e-commerce with grocery app ‘Fortune Online’

Adani Wilmar, the company that markets ‘Fortune’ brand of food products in India, is all set to enter the online grocery sales business with a new e-commerce portal and app called ‘Fortune Online’. The company has hired Ahmedabad-based Infibeam to set up an app for the same. Infibeam will be responsible for developing and maintaining […]

FLIPKART BIG BILLION SALE: Bajaj Finance offers no-cost EMI

Bajaj Finance will offer ‘no cost EMI’ schemes on over four lakh products during the Flipkart’s ‘Big Billion Days’ sale that starts tomorrow and ends on Sunday to its existing customers. “The existing EMI Card customer can transact on Flipkart without any processing fee or any down payment at No Cost EMI,” the company said. […]

WALLET BATTLE: ICICI Bank offers free cashback on Flipkart, Amazon, Reliance

ICICI Bank is offering cash back of up to 10% for those who use its free Pockets prepaid payment card on platforms such as Flipkart, Amazon and Reliance Retail. Pockets prepaid card is a free card that is delivered to anyone who installs ICICI Bank’s wallet app — Pockets — and makes a request for […]

India bitcoin law not ready yet – Finance Ministry

Finance Minister Arun Jaitley said there was no law on the use of bitcoin and similar crypto currencies in India, and users of such currencies may not get recourse to legal remedies for any damage. However, Jaitely added that the government has set up a committee that is expected to come up with suggestions for […]

Yes Bank launches impulse buying app ‘Tap To Shop’

Trying to differentiate itself from regular ecommerce websites and apps, Yes Bank has launched an impulse buying app known as Tap To Shop. Unlike regular online shopping apps, Tap To Shop will be focused exclusively on delivering deals that are not available at most times. The customer must have installed the Yes Pay wallet on […]

SpiceJet enters e-commerce business with Amazon

SpiceJet, arguably the most aggressive low-cost carrier in India, has entered the e-commerce business with a new venture named ‘SpiceStyle!’ and also tied up with online giant Amazon. Products from the company will be available via the eponymous website, as well as on Amazon. The unit has been created as a subsidiary of SpiceJet. SpiceStyle! […]

Nike starts online sales in India

US sports goods manufacturer Nike has started online retail operations in India via its portal Nike.com. India-based users can now order from the global portal and have it home delivered. Earlier, only certain markets such as Australia, Hong Kong and Indonesia were being served by the online division of the company, arguably the world’s biggest […]

Infibeam to offer Ecommerce solutions in Middle East & Africa

Infibeam Incorporation Limited, a Indian ecommerce company, said it entered into licensing agreement and joint venture with Dubai-UAE based KSK capital for offering “e-commerce solutions to merchants and consumers” in about 40 countries in Middle East & Africa. It was not clear whether Infibeam would provide the back-end software and platform for the project or […]

AMAZON DIWALI 2016 Sale : Top 10 MOBILE deals

Amazon has kickstarted its ‘Great Indian Fesival Sale’ today morning and is offering some decent deals on mobile phones, especially smartphones, for those on the lookout for value. The most interesting offers are on the Moto range, followed by Samsung, Xiaomi and LeEco. And unlike earlier years, most of the deals this Diwali are focused […]