ECommerce News

The RBI has come out with a tokenization rule that will come into effect from October 1 Consumer purchasing things online now require to give consent to save their credit/debit cards on e-commerce sites The RBI's rule is aimed at securing sensitive information like credit/debit car details

Under the plan, there is a proposal to set up a dedicated trade promotion body and a trade remedies review committee. It added that the revamping is aimed at further building on its strategic direction and aspirations for the next decade. For this, a project was undertaken to design a future ready department of commerce.

The world desperately needs entrepreneurs who can delve deep into this ocean of opportunity to bring relief to customers by presenting to them their perfect product

Flipkart is offering up to 80% discounts on products during the sale. Customers can use RBL, Federal Bank and AU Bank cards to get additional discounts. Flipkart is selling the iPhone 13 for Rs 74,990 on Flipkart with a 6% discount.

Savills noted that the rental values remained stable in 2021 across the major cities. New projects were delivered with improved specifications and of high quality environmental, health and safety (EHS) standards. The overall industrial and warehousing space stock in tier I cities stood at 266 million square feet at the end of 2021.

Flipkart Big Saving Days sale that will begin ahead of Republic Day will last for six days until January 22.

Nykaa was founded in 2011 by Falguni Nayar. The company’s IPO that has opened for subscriptions from today will be live for three market days till November 1. The company has fixed the price band for the initial share sale at Rs 1085- Rs 1125 apiece.

Those who are unaware are easily tricked by cybercriminals through online shopping scams, and as a result, they lose a significant amount of money. During the Diwali discounts, buyers should be wary of internet purchasing scams.

Visiting the Kirana Stores physically, Anystr.com believes that it helps to understand the requirements in a better format which in turn helps resolve all queries easily.

CAIT has complained that e-commerce majors Amazon and Flipkart are flouting the current FDI norms. Goyal had warned foreign e-commerce companies not to use muscle or money power to hurt Indian interests. He had alleged that many of these large online firms have come into India and "very" blatantly flouted the laws.

Goyal did not directly name Amazon.com or Walmart Inc`s Flipkart. The two companies have denied the allegations levelled against them by the traders. Goyal also criticised companies for indulging in "forum shopping" in courts.

Amazon and Walmart/Flipkart are likely to submit their views on these proposals soon. There is a view that the proposed rules can disturb the state's business ecosystem. The Consumer Protection (E-Commerce) Rules, 2020 were first notified in July last year.

E-commerce entities are also required to provide information not later than 72 hours of the receipt of an order from a government agency for prevention, detection and investigation and prosecution of offences under any law, as per the proposed amendments. The government has proposed ban on mis-selling of goods and services offered on such platforms. The government also seeks to ban ''flash sales'' on e-commerce platforms if such sales are organised by fraudulently intercepting the ordinary course of business.

A recognized person in the world of ecommerce and luxury car fanatic, here’s the story of Camilo Doumat. Let’s delve.

The rules are applicable to e-commerce entities registered in India. These rules were made under the provisions of the Consumer Protection Act, 2019. The rules apply to all e-commerce entities incorporated under the Companies Act, 1956 or under the Companies Act, 2013.

Moto G10 Power has received a price cut of Rs 2,000 and after that, it is priced at Rs 8,999 and it is equipped with a 48MP quad camera setup. The Realme X50 Pro 5G is priced at Rs 24,999 in the Flipkart sale. Samsung Galaxy F62 is sold at a discounted rate of Rs 17,999 on Flipkart.

Flipkart said that the introduction of the voice search feature will enable faster onboarding of customers from smaller towns and simplify their e-commerce journey. More than 75 percent of Internet users in India come from non-English speaking backgrounds. The voice search is capable of helping users search through the product catalogue using colloquial commands.

India wants that new issues in the WTO agenda should be taken up only after consensus among the member nations although it is not opposed to informal discussions, Commerce Minister Nirmala Sitharaman has said.

In an interesting revelation, e-commerce site Flipkart informed that men were the biggest online shoppers in 2016 and not women as one might have thought considering that shopping is like their forte.

Even as e-commerce firms have been hit by the demonetisation move, online fashion store Myntra said it has no plans to increase discount in coming weeks in order to drive sales.