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INVENTORY BASED E COMMERCE
Zomato Hyperpure leases 3.5 lakh sq ft warehouse in ChennaiZomato's Hyperpure secured over 3.5 lakh sq ft of warehousing space in Chennai. This long-term lease spans nine years and involves two phas...
On a war footing, India Inc to ramp up festive hiring; temporary recruitment expected to rise 8-25% from last yearCompanies are gearing up for a stronger festive hiring season this year. Temporary recruitment is expected to exceed last year's levels sig...
GSTN puts proposed e-way bill changes on hold after industry feedbackGST Network has postponed two e-way bill system enhancements. These changes were scheduled for implementation starting August 1. Industry f...
Sponsorships account for 80% of Kaun Banega Crorepati ad sales as TV buying shiftsBrand sponsorships now drive eighty percent of Kaun Banega Crorepati advertising sales. Advertisers seek customized integrations on popular...
FSSAI suspends licence of Dior Pharmaceuticals for violations at nutraceutical plantThe FSSAI has suspended Dior Pharmaceuticals' license due to serious violations. The nutraceutical factory operated with severely deficient...
Hershey to focus on top six cities, exit general trade in non metrosHershey India is pivoting away from general trade in non-metro areas, focusing its efforts instead on the premium urban markets of six majo...
Zepto may defer IPO; Festive carts go premiumHappy Thursday! A roadblock in valuation negotiations may prompt Zepto to delay its listing. This and more in today’s ETtech Morning Dispat...
Premium takes priority in ecommerce carts this festive seasonThere is a 20-25% year-on-year rise in festive order volumes for premium products, while mass-segment orders are either flat or up marginal...
UPI now accepted for online Burj Khalifa bookings before Indians arrive in Dubai; first for UAE attractionIndian travellers can now book Burj Khalifa tickets online using UPI. This integration makes the Dubai attraction the first in the UAE to a...
Building materials quick commerce startup Fixxly raises $5.5 million from Accel, Lightspeed, FiresideFixxly plans to use the capital to build its technology platform, hire employees, and expand operations. It will begin operations in Bengal...
US trade deficit narrows, exports hit five-month low ahead of key GDP printThe US goods trade deficit narrowed in June as imports declined more sharply. Imports fell across most major categories, reflecting scaled-...
Meesho shares can rally to Rs 240? Why Motilal Oswal initiated coverage on the platform stockMotilal Oswal has begun coverage on Meesho, awarding it a buy rating along with a target price indicating strong potential. The brokerage b...
eXport boost for eCommerceThe Indian government has opened the doors for foreign investment in inventory-based e-commerce specifically for exports. This initiative a...
Shein flags tariff hits after posting quarterly loss ahead of Hong Kong IPOThe retailer won approval from the China Securities Regulatory Commission for its Hong Kong listing on July 10, clearing the way for a li...
Flipkart partners with India Post for parcel deliveryFlipkart has partnered with the Department of Posts for parcel delivery services. This collaboration grants Flipkart access to over 1.6 lak...
Meta launches new app 'Seller' to provide sales tools for merchantsMeta launched a new "Seller" app for Facebook Marketplace merchants. This app offers dedicated tools to enhance the selling experience on t...
Govt opens inventory-based e-commerce to foreign direct investment for exports onlyThe government has permitted foreign direct investment in an inventory-based e-commerce model. This new policy exclusively applies to the e...