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Tag: biz

Amazon growing grocery biz, says India head, Retail News, ET Retail

NEW DELHI: Amazon India country head Amit Agarwal said the US online retail giant is focusing on the growing grocery business, a segment where large corporations are alleged to be a threat to small storekeepers. “Our ambition is to have the largest wallet share of customers for grocery purchases,” Agarwal said in an interview in …

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Private brands biz of e-tailers under scanner, Retail News, ET Retail

NEW DELHI: Private brands and digital payments businesses of online giants Amazon and Flipkart have come under the government scanner with the department for promotion of industry and internal trade (DPIIT) having asked the companies to submit various details about the same. The DPIIT has sought several details, including total percentage of sales that come …

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CAIT seeks govt audit into biz models of Amazon, Flipkart, Retail News, ET Retail

New Delhi, Oct 14 () Traders’ body CAIT on Monday urged Commerce and Industry Minister Piyush Goyal to initiate an audit into the business model of e-commerce firms Amazon and Flipkart. In a letter to Goyal, CAIT said that since Amazon and Flipkart consider brands responsible for offering deep discounts, the government should convene a …

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