E-business
Amazon changes tac, talks of creating a million jobs in India
17 Jan 2020
Amazon chief Jeff Bezoz who on Wednesday spoke of investing $1 billion in India, changed tone on Thursday and said the company will create a million jobs in the country by 2025 after India’s commerce minister said Amazon’s investment, which aims at recovering past losses, is no favour for India
CCI probes alleged anti-trust practices by Amazon, Flipkart
14 Jan 2020
The anti-trust regulator has ordered a probe into allegations of exclusive sales, deep discounts and preferential treatment to certain sellers by the two e-commerce firms
RIL launches its e-commerce venture My Jio Mart
31 Dec 2019
RIL’s online retail venture is backed by around 50,000 local grocers across the country and Reliance’s own retail arm Reliance Retail that operates 10,091 stores spanning nearly 7,000 towns in the country
Paytm raises $1 bn at $16 bn valuation
25 Nov 2019
Govt seeks details of top 5 sellers on Amazon, Flipkart
21 Oct 2019
Traders body CAIT alleges an unholy nexus among e-commerce firms like Amazon and Flipkart, brands, particularly in mobile, FMCG, electronics, electrical appliances, footwear, garments and various banks that tend to distort prices of different products on online portals
Jack Ma officially steps down as executive chairman of Alibaba
10 Sep 2019
Alibaba, which he co-founded in 1999, has become one of the world's biggest internet firms, currently valued at $480bn, which made Ma China's richest man, with a net worth of $38.6bn
Amazon acquires 49% stake in Future Coupons
23 Aug 2019
The move by American giant Amazon to acquire a stake in Future Coupons is heating up the retail scenario in India, especially with Walmart also planning major expansion and Reliance Retail joining hands with small-time retailers
Amazon to acquire 10% stake in Future Retail
13 Aug 2019
Under the agreement, Amazon will have the option to buy more shares from Kishore Biyani, Future Retail’s founder and chairman, giving the US e-commerce firm an edge over rival Flipkart and the planned e-commerce venture of Reliance Retail
Binny Bansal sells 0.33% in Flipkart to Walmart for $76.4 million
24 Jun 2019
Binny Bansal, who had earlier also sold a small portion of his residual stake in Flipkart, owned 3.52 per cent stake in Flipkart before the latest sale of 5,39,912 shares to Walmart
CCI begins market study of e-commerce in India
19 Jun 2019
Hotel aggregator RateGain launches frictionless distribution platform `Smart Distribution’
07 Jun 2019
Flipkart launches online grocery store ‘Supermart’ In Mumbai
09 May 2019
Flipkart Supermart promises free delivery on orders above Rs600, the best prices on top brands, and an easy returns policy on delivery itself
Walmart looks to acquire grocery chain Namdhari through Flipkart
02 May 2019
This is part of Walmart’s strategy against Reliance Retail’s planned nation-wide rollout of its “new-commerce” multi-channel retail play by bringing millions of kiranas or small neighbourhood stores on board
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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