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OVERSEAS E TAILERS
Leading basmati rice exporter GRM Overseas looks to make its presence felt in domestic marketAtul Garg, managing director of GRM Overseas said " We are using general trade, modern trade, and e-tailers to market our products. Nearly ...- Snapdeal explores IPO, in talks with bankersThe online retailer has held talks with three investment banking firms, including JM Financial, to gauge market interest for the IPO, the s...
- Walmart-Flipkart deal to get govt $2 billionThe Beast of Bentonville, which will acquire up to 77% stake in Flipkart, will deduct $1.5-2 billion as taxes before issuing cheques to ent...
- After government's ban on discounts, online retailers exploring new strategies to woo customersEtailers are now looking at new sops such as pre-approved loans, faster delivery models, and improved service for repeat buyers.
- New clarity on e-commerce may smoothen entry for foreign giants like AlibabaAlibaba, a significant investor in electronic payments and marketplace Paytm, recently declared it was keen to begin operations directly in...
- Amazon India may have clocked over Rs 10,000 crore in sales this fiscalIndia is one of the fastest-growing markets for Amazon, whose founder Jeff Bezos had last year pledged to invest $2 billion in local operat...
- Foreign e-tailers to rake in Rs 54,700 crore from local shoppersDespite government's attempt to curtail imports of consumer items, shoppers are likely to buy Rs 54,700 crore worth foreign goods from over...
- Offline traders launch e-lala to take on e-tailers like Snapdeal, Flipkart, AmazonSupported by around 5.5 crore small traders with brick-and-mortar stores, e-lala aims to be a disruptor in the country's booming e-commerce...
- ICC World Cup merchandise selling like hot cake on various e-commerce platformsIndia’s leading fashion e-tailer Myntra has partnered with Nike, the official kit sponsor for the national team, to sell this year’s kit ex...
- SoftBank, Tiger Global may hire more executives for India operationsSoftBank and Tiger Global are looking to increase their presence here and will hire or move overseas executives to lead operations in India.
- Government looks at ways to regulate e-commerce, aims to protect consumer interestThe department of consumer affairs has been tasked with putting in place a framework that goes beyond consumer protection- Sources
- Andrew Yule set to expand its branded tea offeringsThe company wants to sell 25% of its total production of 12 million kg of tea in branded form within the next two to three years.
- Lightbox Ventures II raises Rs 600 croreIt has been raised completely from overseas investors and underlines a growing appetite for the country's fast-growing start-up space.
- Adidas eyes e-tailing business to protect retailers' marginsChannel partners of various consumer product cos including those in apparel, footwear, phones and electronics are putting more pressure on ...
- ED finds FEMA violation against Flipkart, penalty likely to be around Rs 1,000 croreIndia's top e-commerce company had violated provisions of FEMA as WS Retail, the holding company had investments from companies overseas.
- Just Dial to expand overseas business, set up shop in UK, UAEJust Dial will launch in United Kingdom next month and then by October in the United Arab Emirates, after which it will look to expand into...
- Flipkart to sell tablets under its range of private label electronics DigiFlipFlipkart has, so far, sold a range of electronic and computer accessories under the DigiFlip range launched in 2012.
- Price War: Retailers write to CCI; accuse e-tailers of predatory pricingIn India, online retailers have raised thousands of crores from foreign funds as they stake out their turfs in a rapidly expanding market.
- Infibeam looks for tie-ups, eyes inorganic growthInfibeam.com, an e-tailer based out of Gujarat is on the prowl, eyeing inorganic growth through acquisitions and keen to raise capital for ...
- Flipkart divests front-end operationsIndian investors led by former OnMobile COO Rajiv Kuchhal has acquired e-commerce poster boy Flipkart's front-end operations company WS Ret...
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