Amazon plans to open large physical retail stores in U.S. – WSJ
Some of Amazon’s first department stores are expected to open in Ohio and California, the report said, adding that the shops will be about 30,000 square feet in size and…
Flipkart CEO Kalyan Krishnamurthy meets FM Nirmala Sitharaman
While details of the meeting were not shared, sources said the top executive informed the minister of the company’s engagement with sellers, especially MSMEs. Flipkart chief executive Kalyan Krishnamurthy on…
Soon, You May Have To Memorise 16-Digit Number For Online Payments
RBI Guidelines: By preventing Google Pay and PayTM, and Amazon and Flipkart from storing customers’ card information, the new rules will ensure customer safety and data security If the RBI…
Amazon Restores Service After Global Outage
“Some customers may have temporarily experienced issues while shopping. We have resolved the issue, and everything is now running smoothly,” an Amazon spokesperson said. Amazon.com Inc said its online stores…
E-comm rules: Fight between Amazon, Flipkart vs Reliance, Tata to intensify
Foreign brokerage, Jefferies said in a note, “The proposed rules now target indirect ownership in vendors, own label, flash sales. Fight between foreign cos (Amazon, Flipkart) & Indian cos (Reliance,…
5 midcap stocks to go for if you want to play on momentum: Hemang Jani
While momentum continues to favour certain midcap and smallcap pockets, it is time to focus on some of the large cap names given the trend that the large companies are…
New India e-commerce rules and their impact, explained
The scope of India’s new e-commerce rules, as proposed by the Department of Consumer Affairs, goes beyond online retail and spills over into food delivery and even ride-hailing. India’s new…
A peek at Amazon under Jeff Bezos before he flies off the atmosphere
Under Bezos, who will remain as executive chairman, Amazon’s singular focus on speedy delivery forever altered the retail landscape and consumer expectations along with it, and left in its wake…
Amazon buys encrypted messaging app Wickr
Amazon said in a statement it would incorporate Wickr in its Amazon Web Services division which offers cloud computing and other services. Amazon said Friday it was acquiring the encrypted…
Flipkart will take ‘kala namak’ rice from UP farmers to all over India
This will help UP farmers earn a good sum for their produce and also lead to an improvement in the quality of the rice,” he said. LUCKNOW: Now e-giant Flipkart…