The move comes amid India's efforts to single out Chinese-made products and cut down on their import.
Correspondents in the e-commerce industry believe that the transaction volumes in verticals will be higher than the pre-COVID levels by September 2020.
The Department for Promotion of Industry and Internal Trade (DPIIT) has rejected Walmart-backed Flipkart’s proposal seeking approval for entry to the food retail sector citing a regulatory issue, an official said on Monday
Paytm Mall (owned by Paytm Ecommerce Private Limited) on Monday said it has announced the appointment of Abhishek Rajan as the new Chief Operating Officer of the company
E-commerce marketplace Flipkart and Karnataka State Mango Department and Marketing Corporation signed a memorandum of understanding (MoU) on Tuesday, enabling mango farmers sell their fresh produce online through the Flipkart platform
Amazon India to add 50,000 temporary roles for warehousing, delivery network to meet surge in demand for products
E-commerce major Amazon India on Friday said it will add 50,000 'seasonal' or temporary roles to meet the surge in online demand for products, particularly from those most vulnerable to being out in public in the backdrop of the coronavirus pandemic
Amazon enters Indian food delivery market, to compete against Zomato, Swiggy; starts operations in select parts of Bengaluru
Amazon India on Thursday said it is launching its food delivery operations in select parts of Bengaluru, a move that will see the e-commerce giant compete against major players like Zomato and Swiggy in the country
WTO: India pushes for building broadband infra, digital skills in LDCs, developing countries; questions rich nations on e-commerce norms
In a special virtual meeting of the WTO's General Council on COVID-19 trade-related measures last week, India stated that there is a digital divide between developed and developing countries.
E-commerce major, Snapdeal on Monday said that on Day 1 of the expanded operations, the orders at Snapdeal platform grew rapidly and had crossed 2.4 times the average of the previous 15 days by 3 pm on 18th May
Flipkart appoints new chief financial officer; Sriram Venkatraman succeeds Emily McNeal, takes charge today
Walmart-owned Flipkart on Tuesday said it has appointed Sriram Venkataraman as the Chief Financial Officer for Flipkart Commerce (Flipkart and Myntra) with immediate effect
Coronavirus Outbreak: E-commerce cos geared up for shipping non-essentials but sales may be hit as large markets in red zone
E-commerce companies are geared up to start shipping non-essential items to customers in orange and green zones from Monday, but sales could be impacted as metros and many large cities are in red zones
Rating agency S&P Global has affirmed its 'BBB+' rating with a stable outlook on Reliance Industries (RIL), saying the company's leverage is poised to improve and stabilise over the next 12-24 months owing to disciplined spending, asset monetisation, and resilient earnings
Amazon ties up with Indian Railways to transport essential items via 'COVID-19 Parcel Special Trains'; move likely to boost deliveries during lockdown
Amazon India has tied up with the Indian Railways for the transportation of consignments via 'COVID-19 Parcel Special Trains' across the country during the coronavirus lockdown
Facebook-Jio deal a positive; concerns around flouting of net neutrality, data safety norms unfounded: Industry forum
Facebook's decision to invest $5.7 billion (about Rs 43,574 crore) in Jio Platforms is a big positive for India's digital services sector, and any apprehension that net neutrality or data protection norms may be flouted or consumer interest harmed, is "erroneous and far-fetched", industry body BIF said on Monday
Policy flip-flop on e-commerce: Preferential pricing to gain some market share has to be stopped in its tracks
The government's recent flip-flop on opening of e-commerce to the so-called “non-essential” goods is just one of the many such flip-flops that the Government of India has made in the last 15 years on policies relating to modernisation of India’s retail sector
Traders' body CAIT on Friday said it will soon launch a national e-commerce marketplace to help local grocery stores take orders online and ensure last-mile contactless delivery
International credit rating agencies Fitch Ratings and Moody's Investors Service on Thursday said the $5.7 billion Facebook deal will help Reliance Industries deleverage its balance sheet and monetise digital platforms
E-commerce giant Amazon India on Thursday launched 'Local Shops on Amazon' programme that will help local shopkeepers and kirana store owners to sell online
Facebook invests $5.7 billion in Reliance Industries Jio Platforms; plans digital services for Indian grocers
The deal for 9.99 percent of Jio Platforms, which houses the telecoms unit Jio Infocomm as well as other news, movie and music apps, gives Jio Platforms an enterprise value of about $66 billion, Reliance said.
The SJM, which has been critical of FDI, welcomed the amendment in its norms to make it mandatory that investments from China will now require a clearance from the Centre.