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Tiger Global Management cuts stake in Amazon by 2/3rd

Tiger Global, the largest investor in e-commerce major Flipkart, has cut its stake in in US-based e-tailer Amazon by 67 per cent in the quarter ending March 2016. Amazon was the hedge fund's second largest investment. As per regulatory filings,...

Funding India's sunrise sector, fashion retail

Fashion Forward Fashion in one of the fastest growing sectors in India and it's no surprise then that it has been generating a lot of investor interest over the last few years. 2015 was a great year for Indian fashion businesses as...

Snapdeal grows 90 pc but gross sales growth low

Online marketplace Snapdeal, one of SoftBank's biggest bets in India, registered a slower growth in its gross sales for the year ended March 2016 as it fought rivals Amazon and Flipkart in a fierce battle for supremacy of the...

Twitter Wars: DIPP snubs CAIT over Flipkart, Paytm case

With traders body Confederation of All India Traders (CAIT) alleging violation of foreign direct investment norms in the e-commerce sector by Flipkart and Paytm, the Department of Industrial Policy and Promotion (DIPP) on Monday said it is the RBI that...

Flipkart to showcase kidswear range by designer Masaba Gupta

Fashion designer Masaba Gupta, known for her quirky designs, has launched her debut collection for kids e-commerce marketplace Flipkart. According to a report in IANS: The online portal will showcase her exclusive collection of this kidswear line on its platform...

8 marketing ideas that revolutionized retail in India

Retail, by definition, has lived many lives. From the familiar brick-and-mortar to the boundary-less e-commerce, each aspires to outlive its competitors by inspiring a new set of attitudes and behaviours in customers. In this ever-changing environment, a few companies...

Flipkart to launch map services with MapUnity

Flipkart is all set to venture into the world of maps, this will make it a competitor of Google and other such mapping companies. After being in news for the acquisition of a 34 per cent stake in Delhi based...

CAIT alleges Flipkart violated e-commerce FDI norms

Traders' body, Confederation of All India Traders (CAIT), has filed a complaint with the Department of Industrial Policy & Promotion (DIPP) alleging violation of FDI norms for e-commerce by online retail major Flipkart. According to a report in PTI: The...

More investors mark down Flipkart valuation by 20pc

Two of Flipkart's mutual fund investors have marked down the value of their holdings in the company by 20 per cent. Global investors in India's largest e-commerce marketplace Flipkart are acknowledging the drop in the company's value, which peaked at $15.2 billion in...

Are high streets taking these pointers from malls?

The meteoric growth of e-commerce in India in recent years was broadly seen as a threat to physical retail. Seemingly bearing this out, ASSOCHAM states that e-commerce has grown at a compounded annual growth rate (CAGR) of 30 per...
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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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