Amazon India to purchase land from Lodha for brand new generative AI knowledge centre

Amazon India is within the remaining levels of shopping for round 40-45 acres of land in Palava, close to Mumbai, from Macrotech Builders for round ₹500-600 crore, the place it plans to arrange a knowledge centre for Amazon Internet Companies’ generative AI functions, sources stated. The deal will seemingly be finalised within the subsequent few … Read more

BJP MP calls for motion towards Flipkart, Amazon for anti-trust violations after CCI’s investigation

In a big growth, Praveen Khandelwal, Member of Parliament from the ruling Bhartiya Janata Social gathering (BJP), has written to the Commerce and Trade Minister Piyush Goyal, urging immediate motion by the federal government towards e-commerce giants Flipkart and Amazon for his or her anti-trust breaches. This follows an in depth investigation by the Competitors Fee … Read more

From dwelling kitchens to on-line markets: The influence of Goa’s Chavat-e-Bazaar initiative

Within the kitchens throughout Goa, ladies are busy crafting their culinary masterpieces. From scrumptious snacks, selfmade sweets, pickles, masalas and plenty extra. These ladies are beneficiaries of CHAVAT-E-BAZAAR initiative that invitations them to showcase their creations, turning their properties into vibrant hubs of E-commerce. SHARE Copy hyperlink E-mail Fb Twitter Telegram LinkedIn WhatsApp Reddit Printed … Read more

Development of e-commerce by means of predatory costs is a priority for small retailers: Piyush Goyal

Commerce and Business Minister, Piyush Goyal raised concern in regards to the functioning of the E-commerce sector, saying that E-commerce is consuming into the small retailers by giving heavy reductions on merchandise. Goyal charged E-commerce gamers with predatory pricing and never giving a degree taking part in area to small retailers. Talking at an occasion … Read more

Ecom Specific to speculate ₹313 crore to enhance IT capabilities

Ecom Specific, a number one logistics options supplier, plans to speculate about ₹313 crore to construct capabilities for utilizing information insights collected in enterprise operations. The corporate will make investments about ₹239 crore to boost technological and information science capabilities together with cloud infrastructure and pump in one other ₹74 crore in computer systems and … Read more

Ashok Leyland eyes single-digit development in FY25 in MHCV

Business car maker Ashok Leyland is anticipating single-digit development in FY25 in its Medium and Heavy Business Automobiles (MHCV). The corporate has additionally seen an uptick in enquiries for electrical vans from Quick-Transferring Client Items (FMCG) and e-commerce gamers within the nation. “The business car business grew by eight per cent within the first quarter. … Read more

FirstCry IPO: Must you place an order?

Brainbees Options Restricted, popularly identified by its model title ‘Firstcry’, a number one multi-channel retailing platform for childcare merchandise has launched its IPO and is open for subscription until August 8, 2024. The IPO is a mixture of recent challenge of ₹1,666 crore and provide on the market as much as ₹2,528 crore, totalling to … Read more

Amazon India’s customised plans scaling up Prime membership

Amazon India’s technique to launch customised plans with Prime Lite and Prime Buying helps scale up the Prime membership program within the nation. The e-commerce main on Monday said that its Prime Day 2024, scheduled for July 20-21, will see prime Indian and international manufacturers launch over 450 new merchandise throughout classes. Talking on the … Read more

Shopper Affairs Ministry cautions e-commerce platforms towards misleading darkish patterns

The Division of Shopper Affairs cautioned e-commerce platforms on Tuesday towards use of use of misleading person interface designs often known as “darkish patterns” as it is going to be thought-about as “unfair commerce follow” and violation of client rights. Addressing a stakeholder session, Nidhi Khare, Secretary, DoCA harassed on the necessity to chorus from … Read more

On Goyal’s plate: Unfinished FTAs, EU’s inexperienced problem 

Retained as Commerce and Business Minister within the Modi 3.0 authorities, Piyush Goyal has his process reduce out with a number of free commerce agreements (FTAs) underneath negotiations, exporters looking for help to attain the $2-trillion items and companies export goal for 2030, and Western nations, particularly the EU, developing with new environment-related restrictions such because … Read more