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KVIC to launch its online portal next month

With an aim to encash on fast growing e-commerce sector and increasing demand for khadi products in the country, the Khadi and Village Industries Commission (KVIC) is planning to launch an e-commerce portal. As per a PTI report: The KVIC...

E-commerce hiring dips by 61 per cent between Nov'15 and April'16

Busines-to-consumer(B2C) space, including e-commerce, has witnessed a sharp decline in hiring between November 2015 to April 2016 as compared to business-to-business (B2B) segment, which has picked up considerably, a report by PTI said. "For the last six months, there has...

Majority of global consumers shop cross-border: Study

Cross-border e-commerce has become prevalent among consumers around the world, according to Pitney Bowes Global Online Shopping Survey. The survey, which was conducted online by ORC International covering 13,000 adults across 13 countries, said it's no surprise that consumers frequently...

Indian startups to take over the Amazons of the world: Amitabh Kant

"Ecommerce cannot be stopped and is only going to grow stronger," Niti Aayog CEO Amitabh Kant said at the India Economic Summit, organised by the World Economic Forum and the Confederation of Indian Industry. While favouring liberalization of the economy...

Expert Opinion: Online retail scenario in India

The Indian retail industry has come of age and has emerged as one of the most dynamic industries in the world. Accounting for over 10 per cent of the country’s Gross Domestic Product (GDP) and approximately 8 per cent of the employment, it...

Kantar Worldwide Report: E-commerce driving the growth of FMCG

The online FMCG market grew in value 15 per cent over the last 12 months. E-commerce is clearly outpacing the overall FMCG market evolution providing many opportunities for retailers and brands pioneering this channel. A Kantar Worldwide report titled 'The Future of E-commerce in...

Infosys unveils modular e-commerce platform

Software major Infosys Ltd on Wednesday unveiled a mobile first and modular platform to drive e-commerce programmes across retail channels. The platform has been developed by Skava, a Silicon Valley-based e-commerce start-up that the IT major acquired in June 2015...

FSSAI issues draft norms for e-commerce food operators

Amid complaints against e-commerce companies about poor quality food products, the Food Safety and Standards Authority of India (FSSAI) on Wednesday issued draft norms for online food business operators to obtain licences. The FSSAI is seeking public comments on the...

Amazon to be No. 2 in Indian e-commerce market by 2019

Amazon is improving its foothold in India and the American e-commerce giant could be the second biggest player after Flipkart in the online retail market by 2019, says a new Bank of America Merrill Lynch report. India could also become...

This Diwali, offline retailers attracting consumers with offers, inventory & marketing

Even as e-commerce companies have been hard hit by market realities this year, their discounting game drastically lowered, top offline retailers in India are buoyant about high consumer demand this Diwali. The new FDI norms have caused quite the shift this...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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