E-commerce firms News

Online marketplace Amazon India is opening 'seller cafes' across 24 cities and towns to offer on-ground help to merchants on its platform ahead of the festival season.

Markets regulator Sebi may soon review its framework for listing of start-ups, including e-commerce firms, while incorporating suggestions from various stakeholders to make this platform much more vibrant

Markets regulator Sebi may soon review its framework for listing of start-ups, including e-commerce firms, while incorporating suggestions from various stakeholders to make this platform much more vibrant

Describing startups as embodiment of "creativity and innovation of young India", leading industrialist Ratan Tata, who has made a string of personal investments in new ventures, says he puts money on idea that "excites" him.

Describing the pace of growth of ecommerce and start-up ecosystem as "pretty mind boggling," Satya Nadella said he is not worried about the valuation part of this segment as Microsoft is not looking at acquisitions, but is looking at the quality of ideas these entrepreneurs have.  

SMECorner has tied up with Snapdeal, Flipkart, eBay, Paytm, among other e-commerce players to play a catalyst role to secure easier loans for sellers, he said.

It is also looking at firms that can help improve customer experience as well as expand its range of products and services.

"Presently, there is no proposal under consideration of the government for a separate regulatory frame work for e-commerce," Minister of State for Finance Jayant Sinha said in a written reply to the Rajya Sabha.

E-commerce companies have incurred combined losses of around Rs 1,000 crore due to heavy discounting strategy and this model is not feasible in the long run, a PwC report said.

"We have to find out if there exist any loopholes in the tax structure which is benefiting them," state Finance Minister Saurabh Patel said here.

CAIT has demanded for setting up of a regulatory authority for e-commerce business in India.