Ecommerce marketplace Flipkart has begun displaying the ‘country of origin’ on select product listings. This comes even as the government has yet to fix a deadline by when online platforms need to mandatorily display such information. Flipkart, owned by US-based retail behemoth Walmart Inc, is believed to be the first large e-commerce platform to start […]

Illustration: Rahul Awasthi Online food-ordering platform Zomato said on Friday that revenue for the financial year ended March 31 more than doubled to $394 million, even as losses widened to $293 million from $277 million in the previous fiscal year. The restaurant discovery platform is on track to recover 60% of its monthly revenue in […]

India should set up a data regulator and require companies to disclose how they collect and store data devoid of personal details or which has been anonymised, a panel tasked to draw up such regulations has said in a draft report seen by Reuters. As India moves to tighten policies on its citizens’ data held […]

E-commerce companies have not just recovered, but surpassed pre-Covid-level sales as more people shop online due to the pandemic. The daily shipment volumes are back at over 3 million per day with visible signs of demand holding firm over the next couple of months, with people continuing to limit their visits to physical stores, according […]

By Edmund Lee Nielsen has umpired television’s winners and losers since the medium was new. Who won the West Coast? Who lost in late night? For decades, the entertainment industry has relied on the ratings giant to measure the value of everything from “All in the Family” to “Young Sheldon.” But how do you prove […]

Video conferencing app Zoom has denied its links to China, in a likely attempt to escape any potential ban in one of its largest markets. “There has been some confusion about the facts as it relates to Zoom. Zoom has been clear about its identity: Zoom is a U.S. company, publicly traded on the NASDAQ, […]

Organizers of a growing Facebookadvertising boycott said they saw “no commitment to action” after meeting with Chief Executive Mark Zuckerberg on Tuesday. More than 900 advertisers have signed on to the “Stop Hate for Profit” campaign, organized by civil rights groups to pressure the world’s largest social media network to take concrete steps to block […]

Walmart is close to launching its membership program, a direct competitor for online retail giant Amazon’s Prime service, Recode reported on Tuesday, citing sources. It says the company plans to launch the subscription service, called Walmart+, later this month and it will cost $98 a year. The membership program will include features like same-day delivery […]

The I&B ministry is working on a “light touch regulatory regime” that will bring all the segments in the media and entertainment industry under one umbrella, allowing for a level playing field and better governance, said a top official. At the annual media conclave ‘FICCI FRAMES 2020’, held through video link, Amit Khare, secretary in […]

Jio Platforms Ltd, a unit of Reliance Industries, received ₹43,574 crore from US social media giant Facebook in exchange for a 9.99% stake, marking the culmination of a deal that was possibly the largest FDI investment in India’s tech landscape. “After receipt of all requisite approvals, Jio Platforms Ltd, a subsidiary of the company, today […]