Page 17 - E-commerce Firms
E-tailers may have sold Rs 19,000-cr goods during festive sale: Redseer
According to the consultancy firm, Flipkart continued to lead the festive sales in GMV terms, with 60-62% standalone gross GMV share during the sale event
 "E-tailers may have sold Rs 19,000-cr goods during festive sale: Redseer")
Free meals, little rest: Amazon, Flipkart HQ turn war rooms for mega sale
War rooms of the two e-commerce giants are buzzing as they prepare for the big battle on Sunday
 "Free meals, little rest: Amazon, Flipkart HQ turn war rooms for mega sale")
September 30 deadline for e-commerce compliance won't be extended
According to sources, some e-commerce firms have asked the government to extend the date
 "September 30 deadline for e-commerce compliance won't be extended")
Don't kill e-commerce
Regulating new economy requires new thinking
Viability woes cloud sustainable packaging initiative of e-commerce firms
This comes at a time when the government and individual retailers look for options to curb the use of single-use plastic
 "Viability woes cloud sustainable packaging initiative of e-commerce firms")
Festive push: With marketing blitz, e-commerce giants hope to beat slowdown
Flipkart has tied up with SpiceJet to hold a massive 'marketing in the air' campaign
 "Festive push: With marketing blitz, e-commerce giants hope to beat slowdown")
Fewer online offers likely to boost offline sales this festive season
Retailers believe they would be able to boost sales this festive season on the back of better services and differentiated products
 "Fewer online offers likely to boost offline sales this festive season")
Ads with a cause: Brands work their way on Independence Day, Raksha Bandhan
From consumer goods to fashion and lifestyle as well as aircraft manufacturers, cause-led advertising rules the day
 "Ads with a cause: Brands work their way on Independence Day, Raksha Bandhan")
How deep discounts, impulsive buying have helped e-commerce beat slowdown
E-commerce companies keep downturn blues at bay
 "How deep discounts, impulsive buying have helped e-commerce beat slowdown")
Amazon has competition: Flipkart to start free video streaming service
The company is introducing the Flipkart app in Hindi. The plan is to unveil it in other languages as well such as Kannada, Tamil, Telugu and Bengali in future
 "Amazon has competition: Flipkart to start free video streaming service")
Draft guidelines for e-commerce firms talk tough on deep discounting
The draft further said that e-commerce firms cannot fabricate product and consumer reviews or exaggerate the quality
 "Draft guidelines for e-commerce firms talk tough on deep discounting")
Flexi-jobs in e-commerce industry records 77% rise in 3 years: Report
Reforms like the GST and demonetisation have led to the maximum informal to formal shift across sectors in 2015-18 with e-commerce growing most at 14 per cent
Big is target
Scale, supposed to be a competitive advantage, is not an unalloyed gift as voices against dominance rise across industries
 "Big is target")
Suppliers not liable to pay TCS with less than Rs 2-million turnover: CBIC
The clarifications come after the e-commerce companies faced troubles in deducting TCS
 "Suppliers not liable to pay TCS with less than Rs 2-million turnover: CBIC")
Anti-profiteering body turns heat on e-tailers, seeks a pan-Indian audit
The development comes after NAA discovered that Flipkart alone had 7,500 cases of overcharging GST on account of change in rate between placing an order and delivery
 "Anti-profiteering body turns heat on e-tailers, seeks a pan-Indian audit")
Abolition of tax collected at source on e-commerce may be on cards
TCS at the rate of up to 1% is yet to be implemented as it has been deferred till September this year
 "Abolition of tax collected at source on e-commerce may be on cards")
Govt may soon ask e-commerce firms to refund all customers duped with fakes
Aiming to stop the massive spread of counterfeit products being sold online, the government may soon ask e-commerce firms to provide full refunds to customers who have been duped in a first time move to set clear norms for customer redressal The move by the Department of Industrial Policy and Promotion (DIPP) with regards to setting clear norms for customer redressal when they receive counterfeit products may however remain toothless as the directive wouldn't be mandatory for e-commerce players.A scheme may be developed along the lines of the chargeback scheme provided by credit card companies globally, a senior DIPP official said, also indicating that the government may have to step in to rein in the scourge. The DIPP has started stakeholder consultations and is organizing a national meet on online counterfeiting and the role of enforcement agencies in collaboration with European Union (EU), he said.Currently major players such as Flipkart, Snapdeal and Amazon, among others, commit ..
 "Govt may soon ask e-commerce firms to refund all customers duped with fakes")
E-tailers' global warehouses may come under tax net
Storing goods and merchandise is a core business activity of an e-commerce business
 "E-tailers' global warehouses may come under tax net")
E-commerce firms' annual sales from each vendor capped at 25%
DIPP has included the definition of 'competent authority' to grant govt approval for foreign investm
 "E-commerce firms' annual sales from each vendor capped at 25%")
