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Internal audit finds lapses by ex-Jabong executives; transfer of logistics unit Gojavas under lensThe report also found that Sinha, Mohan and Malhotra had interests in third parties trading with Jabong, and that the allegation of collusi...- Jabong gets $20 million to stay afloat for one more yearAccording to sources GFG has decided to inject additional funds into its lossmaking fashion ecommerce company Jabong to keep it afloat for ...
- German incubator Rocket Internet likely to sell online furniture retailer FabFurnish to Future GroupGerman incubator Rocket Internet, is already in talks with Kishore Biyani-led Future Group for the sale of its online furniture retailer Fa...
- Myntra, Jabong to reduce discounts in a bid to check mounting losses and to steer towards profitabilityAnanth Narayanan, the CEO of Myntra, said that the company has already reduced its discount offerings by 6% in the quarter ended December.
- Jabong poaches Snapdeal's Head of Strategy Ranjan Kant; former Lifestyle veteran Kalyan KumarLifestyle online retailer Jabong has appointed Ranjan Kant as its chief marketplace officer and Kalyan Kumar as the head of merchandise, in...
- Jabong FY15 sales cross Rs 1,000-cr mark, discounting leads to three-fold lossJabong crossed the Rs 1,000 crore sales mark in the year to March, doubling its revenue from a year ago but deep discounting has led to inc...
- Resale price pacts in online retail space under probe: CCICCI Chairman Ashok Chawla said the regulator is currently investigating a matter related to resale price maintenance.
- No proposal to enact separate law to regulate e-commerce: Ram Vilas Paswan"There is no proposal for specific law/regulations for e -commerce industry," Food and Consumer Affairs Minister Ram Vilas Paswan said.
- Resale price arrangements come under Competition Commission lensCompetition Commission is now analysing whether price discount arrangements between manufacturers and distributors are anti-competitive in ...
- CCI rejects charges against Flipkart, other e-commerce majorsThe complaints were filed against Flipkart India Pvt Ltd, Jasper Infotech Pvt Ltd, Xerion Retail Pvt Ltd, Amazon Seller Services Pvt Ltd.
- CCI order related to realty sector likely in 2-3 weeks: Ashok ChawlaCCI has completed hearings of entities who were issued notices with regard to the issue of alleged cartelisation and anti-competitive trade...
- CCI looking into anti-competitive conduct by e-tailers: GovernmentFurther, Jaitley said that investigation reports in respect of Unipay2U group of companies and Speakasia Online "are under examination".
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