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Tag: ecomm

Despite govt clearance, ecomm cos find it difficult to deliver essentials, Retail News, ET Retail

BENGALURU: Delivery of essential items such as food, groceries and medical supplies, ordered by customers from ecommerce sites, has been disrupted even after state governments exempted ecommerce services from the ongoing widespread lockdowns till March 31, prominent etailers told ET. “We are not operational due to restrictions imposed by local authorities on the movement of …

Despite govt clearance, ecomm cos find it difficult to deliver essentials, Retail News, ET RetailRead More

Violent customers add to the burden of ecomm cos and their staff, Retail News, ET Retail

BENGALURU: Sometime last year, when a middle-aged man in Delhi decided he didn’t want to pay for the medicines he had ordered online, he pulled a pistol on the delivery executive to communicate his decision. The frazzled executive retreated and reported the incident to his operations team, which confronted the customer’s family and resolved it. …

Violent customers add to the burden of ecomm cos and their staff, Retail News, ET RetailRead More

Competition Commission of India pitches for self-regulation of ecomm platforms, Retail News, ET Retail

NEW DELHI: India’s competition watchdog has called for clear policies on deep discounts and transparency in seller ratings by large ecommerce companies, in what could have significant implications for etailers such as Amazon and Flipkart. The Competition Commission of India (CCI) on Wednesday unveiled a set of self-regulation guidelines for the ecommerce sector, along with …

Competition Commission of India pitches for self-regulation of ecomm platforms, Retail News, ET RetailRead More

Ecomm gifts prohibited to curb Chinese imports, Retail News, ET Retail

Bengaluru: Goods imported as ‘gifts’ have been prohibited by the India government. Such duty-free imports via courier as well as through post will no longer be cleared by Customs, the government said in a notification on Thursday. The move is aimed at curbing imports by Chinese ecommerce vendors who were evading duties by declaring commercial …

Ecomm gifts prohibited to curb Chinese imports, Retail News, ET RetailRead More

Govt plans to scrap e-comm ‘gifts’ to curb China imports, Retail News, ET Retail

BENGALURU: The government is considering amending its rules to completely remove the provision under which citizens can receive duty-free ‘gifts and samples’ valued at under Rs 5,000 from overseas, after finding its rampant misuse by Chinese ecommerce vendors, senior officials ET spoke to said. The Central Board of Indirect Taxes and Customs (CBITC), which formulates …

Govt plans to scrap e-comm ‘gifts’ to curb China imports, Retail News, ET RetailRead More

More time to provide feedback on draft ecomm user protection rules, Retail News, ET Retail

BENGALURU: The Ministry of Consumer Affairs has extended the deadline to submit feedback on proposed rules aimed at curbing the sale of counterfeit goods, streamline returns and refunds, and delineate the liabilities of sellers and online marketplaces. It notified on Monday that stakeholders and the public can comment on the draft rules pertaining to consumer …

More time to provide feedback on draft ecomm user protection rules, Retail News, ET RetailRead More

Jumbotail, NinjaCart raise more as B2B Ecomm finds love, Retail News, ET Retail

BENGALURU: Sector-focused B2B companies such as Jumbotail and NinjaCart have raised additional capital from existing backers as they prepare to raise more funds in the next few months, close on the heels of bigger rival Udaan picking up $585 million in one of the biggest late stage investment rounds this year. Jumbotail raised Rs 14 …

Jumbotail, NinjaCart raise more as B2B Ecomm finds love, Retail News, ET RetailRead More

All-India traders body seeks ban on e-comm portals, Retail News, ET Retail

Surat: Accusing e-commerce portals of flouting Foreign Direct Investment (FDI) norms and causing GST and Income Tax revenue losses to the government exchequer, the Confederation of All India Traders’ (CAIT) Gujarat unit on Wednesday demanded a blanket ban on e-trade. As part of its nation-wide protest on Wednesday, office-bearers in the state led by president …

All-India traders body seeks ban on e-comm portals, Retail News, ET RetailRead More

CAIT now asks PM to probe violation of FDI policy by e-comm cos, Retail News, ET Retail

New Delhi: Confederation of All India Traders (CAIT) has written a letter Prime Minister Narendra Modi, drawing his attention to the business model of Flipkart and Amazon, alleging the e-tailers are blatantly violating the FDI policy, creating an uneven level playing field for the retailers in India. “Both Amazon and Flipkart are open and blatantly …

CAIT now asks PM to probe violation of FDI policy by e-comm cos, Retail News, ET RetailRead More

Amazon India’s e-comm arm narrows FY19 loss to Rs 5,685 crore, Retail News, ET Retail

NEW DELHI: Amazon Seller Services, the online marketplace arm of the e-commerce giant in India, has narrowed its loss to Rs 5,685 crore for 2018-19. This is a 9.5 per cent decrease from the last financial year, when the company had posted a loss of Rs 6,287.9 crore, as per documents sourced by business intelligence …

Amazon India’s e-comm arm narrows FY19 loss to Rs 5,685 crore, Retail News, ET RetailRead More