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Several smartphone companies offered online-exclusive deals and discounts helping the e-commerce companies to sell more
The Fab Phones Fest sale on e-commerce platform Amazon started on November 26. It will continue until November 29
Retail brands and malls expect sales to grow by as much as 50% this time over the 2019 figures, when Black Friday as a concept began gaining momentum in India
Even as policy makers grapple with ways to revive demand, an online sale fest launched by Axis Bank offering 15 per cent discounts is witnessing a 10-times surge in daily volumes
Big e-commerce firms selling their own private labelled brands and inventory at discounts, High Court told
The Competition Commission of India (CCI) lawyer told the Court that when big players give discounts, they incur losses for a short time, but this pushes the smaller players out
Restaurants brace for price hikes through menu revision after lockdown
From Amazon to H&M, the Black Friday offers flooded people's emails and message boxes on smartphones in the country
Global economic outlook is facing grave challenges amidst growing protectionism and rising trade tensions, said Piyush Goyal
New Delhi/Bengaluru, 28 October Being allowed Predatory discounting and a conducive business environment are not the same thing, the central government plans to make clear to digital commerce entities. In the e-commerce policy it is preparing, this point will be underlined, say sources in the commerce ministry.'Deep' discounting has been a constant complaint of traders and offline (traditional) selling entities. "E-commerce players keep saying that the business environment needs to improve; it should be more open, so that more foreign investment comes in. Butm when you do a deep dive, their main bone of contention is around the discounts and sales they hold, and the protests around it. These two things are completely different and in the e-commerce policy, we will make this clear. We, under no circumstances, will allow or condone predatory pricing," said a senior in the ministry.The policy is, after delays, likely to be ready only next year. The policy might not only limit the ...
The Amazon Great Indian Festival sale started on September 29 and will continue until October 4
While experts argue that the plethora of choices fosters disloyalty, reality is that building brand-consumer connections is getting difficult
The issue has become one of the biggest trade irritants between New Delhi and Washington
Businesses - both online and offline - treat discounts as revenue expenditure