E-commerce major Amazon has filed a petition in the Karnataka High Court to quash an investigation ordered by India’s competition watchdog into the alleged malpractices of the American etailer and its chief rival Flipkart. Amazon also sought an interim stay on the investigation, as per the petition filed, Monday. Amazon said the investigation would cause […]
IndiGo launches Hindi website for flight bookings
IndiGo on Monday started its Hindi website for customers who want to use it as their language of choice for flight bookings. India had 637 million internet users as of March 2019, with Hindi content consumption witnessing a growth of 94 per cent in 2018-19, the low-cost carrier stated in its press release. Over the […]
Buying from foreign ecommerce sites may get costlier
The government may consider introducing a prepaid tax and customs model for cross-border transactions, a move that could make buying products from foreign ecommerce platforms costlier. Chinese and other foreign ecommerce platforms, while shipping products to Indian customers, would have to pay the tax and customs duty through a government IT system and can only […]
WhatsApp Pay to expand UPI project to 10 million users
Facebook-owned instant messaging platform WhatsApp has received permission from the National Payments Corporation of India (NPCI) to expand its pilot United Payment Interface (UPI) services to 10 million users, according to Nandan Nilekani, the architect of unique identity database Aadhaar and UPI. Nikelani was speaking at an IIT Industry Conclave event on Friday. WhatsApp’s payment […]
E-comm in India is a fantastic revolution, says L’Oréal CEO
Illustration: Rahul Awasthi L’Oréal, the world’s largest cosmetics company, said e-commerce is turning out to be a game changer in India, a market where rivals have been historically stronger due to dominance of kirana stores. India has an estimated 10 million kirana stores, which account for an estimated 90% of overall consumer products sales. A […]
Tech platforms take on virus rumours
Illustration: Rahul Awasthi Technology platforms are fighting to control misinformation regarding the novel Coronavirus through search prompts, removal of content and by teaming up with fact checkers, amid a social media deluge of alarming warnings, possible cures and rumours regarding the virus that originated in China. On Friday, Twitter launched a dedicated search prompt for […]
Lost in Yesterday
[embedded content] You gotta check out the new video from Tame Impala for ‘Lost in Yesterday’, off their new album which comes out this week. There’s a lot going on here. I think about it as a metaphor for how our memories of the past grow fonder as time goes on, and we start to […]
Amazon invests Rs 2,500 crore in marketplace and data centre units
Amazon has made fresh investments of a little over Rs 2,500 crore into its e-commerce marketplace and data centre businesses in India, documents filed with the Registrar of Companies showed. The investment follows a Rs1,715 crore infusion into Amazon’s payments and wholesale arms last month. Amazon Seller Services, the company’s marketplace unit, received a cash […]
Rare online revolt in China over death of virus whistleblower
They posted videos of the Les Miserables song, “Do You Hear the People Sing”. They invoked article No. 35 of China’s Constitution, which stipulates freedom of speech. They tweeted a phrase from the poem “For Whom the Bell Tolls”. The Chinese public have staged what amounts to an online revolt after the death of a […]
Top talent leaving Flipkart in search of greener pastures
Nishant Verman and Anurag Verma join the list of senior exits at Walmart-owned Flipkart in the past six months. Verman was vice president and Verma was senior director. Kirti Varun Avasarala, Vikash Jalan and Samrat Dogra, all of whom were directors, have also quit. At Flipkart-run Myntra, Bindu Mendosa has stepped down as senior vice […]