e-commerce

New Delhi, Hyperlocal e-commerce firm MagicPin has onboarded over 1,000 multi-city and multinational consumer brands in a year, registering year-on-year growth in major company additions, the company said on Friday. Said.Although it took Magicpin four years to bring on board nearly 2,000...

Mumbai: The travel and tourism industry on Wednesday urged the government to consider a flat 12 per cent GST rate for hotels in the upcoming Budget 2024-2025 to boost domestic and inbound tourism."Tiered GST based on hotel room rates can lead to price disparities as hotels adjust room rates...

New Delhi, Canada Pension Plan Investment Board on Wednesday sold shares of Nykaa's parent company FSN E-Commerce Ventures and logistics company Delhivery for Rs 1,166 crore through open market transactions.According to block deal data available on BSE, Canada Pension Plan Investment Board...

New Delhi, FSN E-Commerce Ventures, the parent company of Nykaa, on Sunday forecast a year-on-year consolidated revenue growth of around 22-23 per cent in the first quarter of 2024-25 (FY25), with growth momentum equivalent. for the fashion industry, but which is characterized by a "very...

The suspects were involved in over 1,300 cases, including love scams, e-commerce scams, friend impersonation scams, investment scams and job scams.Police said victims suffered losses of more than 10 million Singapore dollars (US$7.4 million), Xinhua news agency reported.The suspects were...

In the largest funding round, fashion e-commerce platform Purple secured $120 million led by Abu Dhabi Investment Authority.Agri-tech startup Arya.Ag also announced raising $29 million led by impact investment firm Blue Earth Capital.Video telematics startup Coutio also announced a pre-seed...

New Delhi, RBI's proposal to streamline regulations covering export and import transactions would simplify and streamline processes for the trading community, say exporters.They said this is an "excellent effort" by the central bank as the July 2 draft operational guidelines for export and...

New Delhi: Former SoftBank Investment Advisors managing partner Lydia Jet has rejoined the board of Flipkart, the e-commerce major said on Monday.Jett was on the board of Flipkart in 2017 but stepped down after about a year."Flipkart Group... has announced the appointment of experienced...

Chirag Taneja, Co-Founder and CEO of GoKwik, discusses his business journey, e-commerce trends, GoKwik's growth story and venture capital funding with host Gautam Srinivasan.There is no single formula for startup success; Every company's journey is unique and full of uncertain challenges. The...

Thane: Three people, including a delivery man of an e-commerce giant, have been arrested for allegedly possessing banned tobacco products worth Rs 1.65 lakh, an MBVV police station official said on Saturday."On the night of June 25, the trio were found roaming suspiciously with bags in Balaji...

New Delhi: Some Flipkart sellers have complained of issues in repricing their products since May 18 after the e-commerce company introduced a new commission rate sheet.The Walmart group firm, however, denied any role in influencing prices on the platform and said it is working with sellers to...

Kolkata, The Open Network for Digital Commerce (ONDC), which was set up with the aim of democratizing the country's e-commerce ecosystem, is on track to touch the 10 million transaction mark in June, a senior official said on Thursday. .The open network is adding one million transactions on a...

New Delhi: Homegrown e-commerce platform Flipkart said on Thursday that video as a format is rapidly gaining adoption and Indian customers have spent more than 2 million hours on its video commerce offerings in the last year.India is one of the largest consumers of internet data and with...

Patna, Police said on Tuesday that twenty-eight people have been arrested from across Bihar for cheating hundreds of people online.Eighteen of them were arrested from Gopalganj, 15 from Nawada, 13 from Patna, six from Saran and three each from Sheikhpura and Nalanda, he said.Police said the...

VMPLMumbai (Maharashtra) [India], June 25: Lifelong Online, one of India's leading consumer goods e-commerce brands, is pleased to announce a significant expansion of its product line with the introduction of the latest in portable technology: the Power Bank. and wireless charger. These new...

Thiruvananthapuram, Kerala Finance Minister K. N. Balagopal has called for a review of the Goods and Services Tax (GST) tax share ratio among the central states and said 60 per cent should go to the states, while now it is shared equally.Currently, the ratio is 50:50 and it should be changed...

Kolkata In a bid to boost India's e-commerce exports, the Directorate General of Foreign Trade (DGFT) is working with the Department of Revenue to set up designated e-commerce centers across the country to streamline the process of export shipments online.The country's e-commerce exports...

New Delhi: The commerce ministry will soon launch an e-connect platform to provide information on duty and other trade-related issues to small exporters, an official said on Friday.Addressing exporters in Kolkata, Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said the focus...

New Delhi, Consumer Affairs Secretary Nidhi Khare on Tuesday warned e-commerce companies against deploying deceptive user interface designs known as "dark patterns", saying the practice violates consumer rights. And amounts to unfair trade.Addressing a stakeholder session, Khare highlighted...

Mumbai, Electric vehicle rental service operator eBikeGo on Tuesday said it plans to expand its e-two-wheeler fleet to 1 lakh units by fiscal 2026 amid the fast-growing last-mile and e-commerce segments. .Domestic last-mile delivery and e-commerce business is expected to grow at 6.4 per cent...