Online purchasing has become mainstream in India with 49% of consumers taking to this channel in the last 12 months.
Flipkart will continue to invest in new categories and leverage made-in-India technology to transform consumer experiences
According to Downdetector, more than 38,000 user reports stated issues with Amazon's online store site.
Bezos, Amazon's biggest shareholder with a stake worth about $180 billion, will still hold sway over the company he started out of his Seattle garage
PhonePe's dynamic QR code solution will enable customers to pay digitally through any UPI app at the time of delivery.
Earlier, the ministry had released the draft e-commerce rules under which it banned the fraudulent flash sale and mis-spelling of goods and services
Earlier, the last date for public comments on the draft e-commerce rules was July 6
In consultation between industry associations and Department of Consumer Affairs, industry representatives sought extension beyond the July 6 deadline
Ban on misleading users by manipulating search results, appointment of compliance officer, grievance officer are other amendments being proposed
Retail business is set to be the next growth engine for RIL, with the potential for retail EBITDA to grow 10x over 10 years, Goldman Sachs said