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MYNTRA ORDER CANCELLATION
Woman took a home loan at 12% interest, but Citi Bank charged up to 16.5% and recovered Rs 12.9 lakh extra; consumer commission orders refund and Rs 1 lakh compensationCiti Bank has been ordered to refund Rs 12,91,248 to a home loan borrower after the Delhi State Consumer Disputes Redressal Commission foun...- Myntra failed to deliver order, then cancelled without explanation: Customer lost chance to buy 5-gram gold at lower price; consumer court orders Rs 60,000 payoutMyntra has been ordered to pay Rs 50,000 in compensation and Rs 10,000 in litigation costs after a Kurnool consumer court found it failed t...
- For kidney patients, the biggest change may be coming: New artificial kidney implant will filter blood continuosly without regular hospital dialysisFor kidney patients, the biggest change may be coming in the form of Holly, a surgically implanted artificial kidney designed to filter blo...
- Amazon, Flipkart to begin festive sales from September 23Amazon India and Flipkart will start their festive sales on September 23. The sale begins a day after GST rate changes. Offers are availabl...
- Ahead of festive season, Myntra introduces zero-commission model for women's ethnic wear brandsThe initiative, a part of the Myntra Rising Stars programme, is available for brands that are currently selling through their own D2C platf...
- Indian boycott of Turkish coffee, chocolates and fashion growsIndian retailers and online platforms are boycotting Turkish goods, including food and apparel, due to Turkey's support for Pakistan in its...
- Myntra fined for not delivering gold, missing credit balance; consumer court says 'malafide intentions, deficiency in service'Bengaluru Urban consumer disputes commission ruled against Myntra for service deficiencies and unfair trade practices in cases involving Ro...
- Tata group’s B2B digital push; banking agents expand into credit, insuranceBusiness correspondents (BCs) are being roped into the government’s financial inclusion plans in a big way. Besides providing traditional s...
- Indians are the most impatient online shoppers in the world, shows reportIndians are the most impatient online shoppers in the world with nearly 38% of consumers expecting their deliveries to arrive in less than ...
- Why quick deliveries are getting slower; MeitY proposes changes to IT rulesQuick delivery firms were all the rage in 2021, when liquidity abounded and tech valuations hit record highs. In 2022, though, these compan...
- E-commerce companies log $2.7bn in sales in 1st 4 days of festive sale: RedSeerE-commerce companies see a large chunk of their annual business coming in during the festive sales and they make significant investments ah...
- Amazon advances festive sale date, Great Indian Festival to now start on October 3Amazon Great Indian Festival will now start from October 3, 2021, and Prime members will have early access.
- Myntra extends a helping hand to brand partners to fight the second wave-led crisisThe Flipkart-owned fashion etailer will give its brand partners a Covid insurance and reimburse their vaccination costs.
- Welspun looks at re-purposing biz to align with changed ecosystem; e-commerce emerges priority areasWith the coronavirus pandemic hitting businesses globally, home textiles major Welspun India Ltd is looking at how can it re-purpose its bu...
- How online retailers are using artificial intelligence to make shopping a smoother experienceFor customers, buying online might seem simple—click, pay and collect. But it's a different ballgame for e-tailers.
- Flipkart is ready for a fashion statement in FY18Flipkart’s fashion business, including subsidiaries Myntra and Jabong, accounted for about one third of gross sales in the September quarte...
- Offline retailers' e-sales yet to take offSome like Abof recently started selling on Amazon to gain from its traffic and prop up its visibility amid competition from well-entrenched...
- E-tailers like Flipkart, Snapdeal 'appy' as sales draw in more shoppersFlipkart said it sold products worth Rs 2,000 crore on its platform during the five-day 'Big Billion Days' (BBD) shopping festival.
- How big conglomerates are setting themselves up for the big ecommerce leapTata Mall, which will be a subsidiary of Tata Industries, has hired a mix of internal recruits and some from Tata Administrative Services, ...
- Myntra, Jabong eye fatter margins; prefer private fashion labels over other brandsIndustry executives say private label fashion and accessories offer margins as high as 55-65%, compared with 30-40% from selling other bran...
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