New Delhi, Beauty and fashion e-commerce firm FSN E-commerce Ventures, owner of O Nykaa brand, on Wednesday said it has reported nearly four times growth in net profit at Rs 9 crore for the March 2024 quarter with a consolidated net profit of Rs 9 crore.The company had reported a net profit of...
New Delhi, E-commerce company Flipkart on Monday launched Flipkart IRIS, a platform designed to provide brands with insights about customer behaviour.IRIS will provide brands with detailed reports and actionable insights about their business performance on Flipkart, helping them understand...
New Delhi: GST authorities are working on a mechanism to deal with tax rationing and registration issues related to shared warehouses created by e-commerce companies, where multiple suppliers store their goods for final delivery, an official said. Are.The issue of taxation for warehouses has...
New Delhi: Government-backed initiative ONDC (Open Network for Digital Commerce) has started gaining popularity in the e-commerce sector and so far five lakh sellers have joined the platform, a senior official said on Friday.Rajesh Kumar Singh, Secretary, Department for Promotion of Industry...
New Delhi, Online gaming firm WinZO on Friday said it has joined government-backed e-commerce platform Open Network for Digital Commerce (ONDC).This development will enable ONDC to list its services on the WinZO Store which will become accessible to 17.5 crore WinZO users.T Kosi, CEO, ONDC...
Consumer complaints related to e-commerce platforms on the National Consumer Helpline (NCH) increased from 95,270 (22 per cent of total complaints) in 2018 to 4,44,034 (43 per cent of total complaints) in 2023."The presence of fake reviews online jeopardizes the credibility of shopping...
New Delhi: India's leading e-commerce companies have supported the government's proposal to make mandatory compliance with quality norms for consumer reviews, the Department of Consumer Affairs said on Wednesday.According to the department, at a meeting held here, representatives of Amazon...
NEW DELHI: The success of India's thriving e-commerce sector is driven by consumer trust, experts said on Wednesday, stressing the importance of transparency, data security and a good shopping experience in fostering this trust.The year 2023 proved to be a turning point for India's e-commerce...
The investment comes as India's e-commerce growth is expected to reach $200-23 billion by 2030, a sustained growth of 20-22 per cent.According to Amazon's filing in the US, “The Board has been permitted to allot up to 1,66,00,00,000 (One Hundred Sixty-Six Crores) equity shares of Re 1 each...
New Delhi, Swedish furniture retailer IKEA on Tuesday said it has partnered with global logistics company Rhenus to support its e-commerce expansion and deliveries to customers in Delhi-NCR.Ikea said in a statement that the company has signed an MoU with Rainus to "enhance the home delivery...
New Delhi: The government is considering making it mandatory for e-commerce companies to follow quality norms for consumer reviews after voluntary efforts failed to effectively curb fake reviews, a top official said on Monday.The government had issued new quality norms for e-tailers a year...
New Delhi, E-commerce platform Flipkart on Friday said it has simplified its rate card structure for sellers on the platform.The revised rate card policy, effective from May 18, 2024, includes a simplified rate card structure, affordable FBF (Fulfillment by Flipkart) rates and an updated...
VMP Bhubaneswar (Odisha) [India], May 10: Founded by Mr. Radhakrishna Sahu, GIBN Digital Solutions Pvt. Ltd. offers a transformative approach to e-commerce through its innovative platform. Hailing from humble beginnings in Bargarh Odisha, Mr. Radhakrishna has developed GIBNU to support diverse...
New Delhi, Jagran New Media, the digital arm of Jagran Prakashan Limited, has tied up with ONDC Network to launch Khojale.com, a one-stop marketplace that integrates reading and shopping into a single platform.An official statement said that the website aims to create an all-in-one marketplace...
New Delhi: According to a notice issued by the Consumer Affairs Ministry, the government has called a meeting of e-commerce players publishing online reviews for consultation on quality control order to check fake reviews.The Ministry of Consumer Affairs has also released a draft of the Online...
Mumbai, Logistics platform Fship on Thursday said it has partnered with Indi Post to enhance last-mile delivery of e-commerce products across the country.The company said the collaboration will benefit direct-to-consumer (D2C) startups as well as small and medium businesses across India by...
New Delhi: The issue of developing e-commerce hubs in the country to further boost India's exports through online medium is expected to be included in the commerce ministry's 100-day agenda roadmap of the new government, an official said.DGFT, an arm of the Commerce Ministry, is already...
New Delhi [India], The e-commerce market in India is expected to reach US$325 billion by the same year, with the digital economy reaching US$800 billion. According to Invest India, India ranks second, with 881 million users. The Internet user-base is large globally, and is set to become the...
Reacting to a TV media report that the Competition Commission of India (CCI) has found alleged irregularities in its investigation against e-commerce companies like Amazon and Flipkart and their relationship with mobile manufacturers, Khandelwal told IANS that e- This is "collusion" between...
New Delhi: The commerce ministry has launched an exercise to identify essential infrastructure needs, potential sectors and clusters that will help the country achieve its merchandise export target of USD 1 trillion by 2030, a senior government official said. said on Thursday.Additional...