E Retailers

Rumours of Amazon entering the pharmacy industry leads to a drop in shares of drug retailers

Amazon is reported to be in discussions with mid-market pharmacy benefit managers and has been hiring talent to assess the drug retailing market for its entry, brokerage firm Leerink analyst Ana Gupte wrote in a note to clients.

'e-retailers like Flipkart can't be written off', says Fabmart.com's founder K Vaitheeswaran

India's first e-commerce company Fabmart.com's founder K Vaitheeswaran today said e-retailers like Flipkart cannot be written off as they have built good scale, brand and customer base.

Flipkart plans to generate two million e-commerce jobs

India's leading e-retailer Flipkart plans to generate around two million jobs through its marketplace and ancillary services this year.