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Kunal Bahl

India Inc reacts to Budget 2020

Union finance minister Nirmala Sitharaman presented her second budget on February 01, 2020 at a time when the economic growth has plunged to a six-year low amidst a persistent slowdown in the economy followed by a weak demand. Here is how...

Snapdeal focuses on unit economics

Unit economics, an euphemism for profit, has taken front seat for e-commerce major Snapdeal in its new, leaner avatar, founders of the company said on Tuesday. According to a PTI report: The Delhi-headquartered company was in close competition with south-based...

E-tailers set to celebrate Diwali worth Rs 35,000 crore

With the second wave of festive sales coming to an end, industry experts say the e-commerce players like Amazon and Walmart-owned Flipkart are set to celebrate a bumper Diwali with pocketing over Rs 35,000 crore (nearly US$5 billion) despite...

Small-town India helps Snapdeal log 87mn visits in September

Snapdeal registered 87 million visits on its platform in the month of September as festive season began, clearly making it the third largest e-commerce player in the country after Amazon and Walmart-owned Flipkart. According to latest data from website traffic...

Snapdeal records 52 pc rise in Diwali sales volumes

Driven by a rise in orders from non-metro towns across India, e-commerce platform Snapdeal's first Diwali sales volumes of this year saw a growth of 52 percent over last year, the company said on Monday. Nine out of every 10...

Festive sales: Amazon.in, Flipkart post record growth

Aiming to gain a bigger pie of the US$ 5 billion opportunity this festive season, two big e-commerce players Amazon.in and Flipkart on Friday announced record transactions on their respective platforms, along with adding new customers especially from the...

Snapdeal sees over 90 pc orders coming from non-metro locations

E-commerce marketplace Snapdeal is witnessing strong demand from Tier II and III cities, with nearly 92 percent of its orders coming from non-metro locations. According to a PTI report: The trend is in sync with other larger platforms like Amazon.in...

Homegrown e-commerce players form group

Several Indian e-commerce players, including Snapdeal, Shopclues and Urbanclap, formed an association of their own, The E-Commerce Council of India (TECI), on Wednesday to put forward the industry's views before the government besides working with other stakeholders. Fynd, Shop 101,...

Snapdeal, Shopclues support Feb 1 deadline for e-commerce FDI rules

Smaller e-commerce players like Snapdeal and ShopClues have written to the Government opposing any move to extend the February 1, deadline for online marketplaces to comply with FDI rules, and urged that pressure for such relaxations need to be...

New norms to ensure balanced growth of e-commerce: Snapdeal

The revised Foreign Direct Investment (FDI) policy on e-commerce would ensure balanced growth of the online industry with gains for both sellers and buyers, said leading e-tailer Snapdeal on Thursday. "The update to the FDI policy on e-commerce will ensure...
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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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