e-commerce
TMT
What's firing up Infibeam
India's e-commerce story is a familiar one—cash burn, negative unit economics and a pipe dream called profitability, all in the ......
TMT
911—The number that spooked Snapdeal
On Wednesday, Snapdeal founders Kunal Bahl and Rohit Bansal said they will not take salaries for an undisclosed period as ......
TMT
B2B online marketplace Tolexo to lay off 300
Online business goods marketplace Tolexo Online Pvt. Ltd will lay off 300 employees, or 85% of its workforce, according to ......
TMT
Snapdeal sellers knock govt's doors as e-tailer struggles
A group of sellers on online marketplace Snapdeal has approached commerce minister Nirmala Sitharaman to protect their interests as the ......
General
E-commerce segment in India is currently toxic: Sistema Asia Fund's Andrey Terebenin
Sistema Asia Fund, the venture capital arm of Russia conglomerate Sistema JSFC, is looking to expand in India. The investment ......
TMT
Snapdeal disbands SD Instant team in cost-cutting drive
After reports of Snapdeal laying off nearly 30% of its staff, co-founders Kunal Bahl and Rohit Bansal have sent out ......
Consumer
Alibaba leads $2.55 bn bid for Chinese retailer Intime
E-commerce firm Alibaba Group Holding Ltd and the founder of Intime Retail Group Co Ltd have jointly bid to take ......
TMT
AskMe fiasco: End game the blame game
A fierce internal strife, mass pleas by desperate unpaid employees, cases initiated by duped sellers, volley of charges and counter ......
TMT
Astro's lack of interest in buyout offer for AskMe belies sanity: Sanjiv Gupta
The management of AskMe had proposed a buyout offer as "the chequered past" of the majority investor Astro discouraged other ......
General
All you need to know about draft GST rules
The Central Board of Excise and Customs (CBEC) on Monday unveiled a set of draft rules for the new Goods ......