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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...

Unlimited-Arvind Fashion Brands launches brand store on Snapdeal

Snapdeal, India’s leading value-focused online marketplace, has expanded its selection by adding more than 14,000 products from Unlimited-Arvind Fashion’s extensive range of national and international brands. The brands which will retail on Snapdeal include kids focused brands like - Cherokee,...

Budget 2020: Wishlist of Indian retail titans

Budget 2020-21 is just around the corner and retailers have pinned high hopes that the new policies will have a positive impact on the retail market. The retail industry expects the Budget 2020 to revive consumption and spur demand. Apart...

Snapdeal to add another 5,000 manufacturer-sellers to its platform in 2020

Snapdeal, India’s leading value-focused e-commerce marketplace, plans to add another 5,000 manufacturer-sellers on its platform this year. In the last one year, many manufacturers of daily use products like steel and copper utensils, kitchen gadgets like juicers and atta dough...

ShopClues to merge with Singapore’s Qoo10

Indian e-commerce firm ShopClues on Thursday said it has inked an all stock-deal with Qoo10 to merge operations with the Singapore-based firm. The collaboration presents "new strategic opportunities for both companies as it opens up cross border opportunities for consumers...

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...

Logistics & warehousing in e-commerce

The origins of retailing via the Internet in India can be traced back to the 1990s but this phenomenon really took root when Flipkart started operations in 2007 and it has come a long way since then. The current...

E-commerce player Club Factory raises US$100 million in Series D funding

Leading e-commerce player Club Factory has raised US$ 100 million in a Series D round of financing led by leading venture capital firm Qiming Venture Partners and other top investors who have a strong global vision with a key...
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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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