Ecommerce

Paytm Mall moves operations to Bengaluru; appoints Abhishek Rajan as chief operating officer

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

Coronavirus Lockdown: Karnataka farmers team up with Flipkart for home delivery of mangoes

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

Walmart says Flipkart's 'limited operations' during COVID-19 outbreak negatively affected Q1 growth

Walmart International, which is present in nine markets including China, Japan, Mexico, the UK apart from India, saw sales growing by 3.4 percent to $29.76 billion in the January-March period, with e-commerce accounting for 9 percent sales.

Coronavirus Outbreak: Snapdeal receives 65% orders from red zone cities on Day one of Lockdown 4.0

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

S&P affirms BBB plus rating of Reliance Industries on disciplined spending, resilient earnings

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

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