There is disagreement amongst the government bigwigs over-tightening the noose around e-commerce rules for companies operating in the country. According to the finance ministry, some of the rules are ‘excessive,’ and seemingly unnecessary. The new rules will impact the business of companies like Flipkart, Walmart, Reliance Industries, and Tata Group. As buying sensibilities of the ...

 Flipkart, the Walmart owned e-commerce company has struck a deal worth INR 1,500 crore with Aditya Birla Fashion and Retail Ltd (ABFRL). Under the deal Flipkart has bought 7.85 stakes in ABFRL. The retail sector has witnessed a surge in M&A transactions and analysts expect further rise in such deals. Flipkart is the leader in ...

The e-commerce giant is planning to hire at least 70,000 people across its verticals ahead of its Big Billion Days sale. With the festive season around the corner, Walmart-owned Flipkart said its flagship Big Billion Days event will generate over 70,000 direct and lakhs of indirect seasonal jobs. Recruitment will happen along its supply chain ...

The post pandemic markets will transform. Businesses models might have to change the way they run. This could also mean, that the whole method in which storage and warehousing has been functioning may also have to evolve. Indeed, India is betting on (big) warehousing and storage post pandemic. The whole process started in February. The ...

The decision by the Seattle-based Amazon’s India section announces a similar step to stop shipping unnecessary items to shoppers in Italy and France; nations hit hard by the virus spread. On Tuesday, Amazon.com Inc’s said, India will stop orders for non-essential products in India in order to prioritize customers’ needs when the whole nation is ...