E-business
Amazon to close its China business, shift focus to India
19 Apr 2019
Amazon will now increasingly focus on the Indian market where it has invested billions in setting up infrastructure, including warehousing facilities
Amazon appoints ex-PepsiCo CEO Indra Nooyi on its board
26 Feb 2019
Nooyi’s appointment as a member of the audit committee on Amazon’s board comes at a time when the online retail giant’s business plans are going awry under India’s new e-commerce policy
India to insist on local presence for foreign online retailers
25 Feb 2019
Policy loopholes have helped e-com entities from China to grab a major share of the smartphone and fashion businesses in India, with Tier-II and Tier-III cities accounting for 30 per cent of their fashion sales
New FDI rules could force Walmart to exit Flipkart: Morgan Stanley
05 Feb 2019
Effective 1 February, e-commerce platforms cannot sell their own products or brands that are directly or indirectly owned by them or make more than 25 per cent of their sales from private labels
RIL plans a big splash into online retail business
21 Jan 2019
Reliance’s online retail plans, as chairman Mukesh Ambani had outlined earlier in the year, will be using "augmented reality, holographic technology and VR devices", to create what he described as a "personalised immersive shopping experience"
FDI-led online market places cannot sell own inventory
27 Dec 2018
This is because the current policy allows 100 per cent FDI in marketplace e-commerce activities and not in retail business where the firm has control over the inventory as well
Binny Bansal resigns as chairman and CEO of Flipkart group
14 Nov 2018
With both co-founders - Sachin Bansal and Binny Bansal - out of power, Flipkart, India’s largest and most popular e-commerce firm, will now be a Walmart show
Jack Ma’s swan song: Alibaba rakes in $30.7 bn on Singles’ Day
12 Nov 2018
As Jack Ma prepares to step down as chairman of Alibaba Group, the online sales promotion he has championed for a decade notched another record, notching up 213.5 billion yuan ($30.70 billion)
Amazon to buy 49% in Aditya Birla’s More retail chain in deal with Samara
20 Sep 2018
The recent deals in Indian retail space, including the Walmart-Flipkart deal, are widely seen as the government’s green light for foreign retail giants to establish themselves in India’s $400-billion food and grocery market
Alibaba’s Jack Ma to step down as chairman in 2019, CEO Daniel Zhang to take over
10 Sep 2018
A former English teacher with no technical background, Ma now intends to focus on philanthropy and education, and also pursue “new dreams,” even as he will continue to mentor management
Google Tez is now Google Pay, to offer instant bank loans
29 Aug 2018
The development puts Google in direct conflict with Paytm, which is currently India’s largest digital payments company with 150 million app downloads reported
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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