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Facebook’s biggest investment since its takeover of WhatsApp could empower new combatant in e-commerce war raging between Amazon & Walmart’s Flipkart.
The Centre revoked permission to e-commerce firms to sell & deliver non-essential items from Monday. It has also issued new FDI rules to cut the risk of "opportunistic takeovers".
At a time when Amazon chief Jeff Bezos is visiting India, Commerce and Industry Minister warns e-commerce giants not to find loopholes in the law.
Amazon CEO Jeff Bezos is visiting India for the Smbhav summit, a gathering for small and medium businesses.
The Commission noted that the exclusive arrangements between smartphone/mobile phone brands and e-commerce platform selling exclusively on either platforms merited an inquiry.
India’s shopkeepers are mobilizing against Amazon & Flipkart, alleging they are engaged in predatory pricing in violation of rules meant to protect local businesses.
A selection of the best news reports, analysis and opinions published by ThePrint this week.
The IIT-Delhi endowment fund has an initial commitment of Rs 250 crore from its alumni and nearly 20 corporate leaders who were part of the institute.
Traders have blamed the likes of Amazon & Flipkart for poor Diwali sales and want govt to regulate them. But e-commerce is only a small part of retail business.
Flipkart’s mobile phones category went live in early 2010. The first order came in shortly.