THIRD PARTY SELLERS
FPIs turn net buyers of Indian equities at Rs 12,170 crore in June so far after two months of selling
Foreign investors stage a comeback in holiday-shortened week, slashing net selling from 14,794 crore in June first week to Rs 3,064 crore at the end of second week.
Discover the Top 10 Best-Selling Watches of June (2024): Style, Features, and Value
The bestselling watches on Amazon encompass a diverse array of styles, brands, and functionalities, catering to varying tastes and needs. From classic analog timepieces to smartwatches with advanced health tracking features, these top sellers consistently earn high praise for their quality, design, and value. So, are you are looking for a watch? Discover the popular destination for best-selling watches with the latest trends and innovations in timekeeping.
Many Chandni Chowk voters prefer national issues over local problems
Chandni Chowk, a trader and Muslim-dominated constituency in Delhi, faces numerous issues such as crumbling infrastructure, traffic congestion, and parking problems. However, many residents believe that national issues, such as pollution and crime, are more important for voters in the upcoming Lok Sabha elections. The constituency is among the 13 pollution hotspots of Delhi but is often overlooked in poll promises.
"Four generations of Gandhi family insulted Indian Constitution": PM Modi slams Congress
Prime Minister Modi said that four members of the Gandhi family, including former Prime Ministers Jawahar Lal Nehru, Indira Gandhi, Rajiv Gandhi and Congress leader Rahul Gandhi fiddled with the Constitution for their own political goals.
Lok Sabha elections: Fatal heat waves are testing India's ability to protect 1.4 billion people
Kolkata faces extreme heat and heat waves with inadequate measures to protect residents. Commuters seek refuge in a glass-walled bus shelter with malfunctioning air conditioners. Local authorities' plans to install cooled cabins have not been fully realized. Mayor Firhad Hakim expresses concerns about the city's lack of heat resilience efforts and high death toll.
Firozabad's glass bangle industry looks for revival this election
The upcoming Lok Sabha elections have infused a sense of urgency among stakeholders in the Rs 1,000 crore glass and bangle industry, which provides employment to five lakh people, including artisans. The fervent hope is that political representatives will take note of their plight and introduce meaningful interventions to revive the sector.
- Go To Page 1
Current polls a contest between poor tea-seller's son and Rahul who was born with silver spoon: Amit Shah
Amit Shah contrasts Modi's humble background with Rahul Gandhi's privilege, emphasizing BJP's commitment to reservations. He questions the opposition's governance abilities, advocating for Modi's re-election to combat terrorism and elevate India's economy.
"Can only laugh at this...": Devendra Fadnavis takes dig at Rahul Gandhi's 150 remark
Fadnavis's statement comes after Rahul Gandhi said there is a strong undercurrent in favour of the opposition INDIA bloc in the Lok Sabha elections and the BJP will be limited to 150 seats. Fadnavis termed the 2024 Lok Sabha elections a fight between Prime Minister Narendra Modi and Rahul Gandhi and said, "I am confident that we will win in Baramati, Satara, and Sangli Lok Sabha constituencies."
Lok Sabha Polls 2024: Party merchandise sizzles online as election fervour builds
Political fervor in India has led to a surge in e-commerce sales of merchandise featuring logos and symbols of various political parties. Products range from flags to pendants to pens, catering to supporters of different ideologies. Platforms like NaMo offer items with slogans supporting Prime Minister Modi, while regional parties like the Samajwadi Party and TMC also have merchandise available. Sellers have adapted to the online trend, with a shift from physical shops to online retail. This trend reflects the evolving landscape of political engagement as India approaches the Lok Sabha elections.
Thrasio files for Chapter 11 in bid to restructure its debt
The company, a Amazon.com Inc. seller, initiated the process in New Jersey, according to a filing dated Feb. 28. It is seeking to pay employees’ wages, as well as suppliers, while the case is ongoing.
Country has made up its mind that PM Modi will be at helm for third term: Amit Shah at BJP meet
Amit Shah was speaking on the resolution "BJP: Desh ki aasha, vipaksha ki hatasha" (BJP: Country's hope, opposition's despair). He said the opposition is full of "2G, 3G and 4G" parties, a reference to the second, third and fourth generation of families running these parties.
Gautam Adani's lessons from Hindenburg fight fuel $93 billion rebound
Accused by Hindenburg, Gautam Adani's empire rebounded, trimming debt, securing projects, and gaining $90B in stock value. Despite regulatory scrutiny, Adani aligns with Modi's agenda, attracting new investors and solidifying family wealth amid reputational challenges.
Amazon India’s logistics unit sees revenue fall marginally to Rs 4,543 crore
Amazon Transportation Services' financial numbers are in line with a deceleration seen in Amazon’s other India businesses during the last fiscal, as the Seattle-based parent is pulling back on cash burn across the board.
Amazon seller services net loss widens 33% in FY23
Amazon Seller Services earns revenue from third-party seller services, subscription services, including Amazon Prime, and other marketplace-related services, including advertising revenue and marketing support services to related parties.
Amazon punished its own sellers to limit Walmart's reach, FTC says
In addition to making $1 billion by using a secret algorithm called "Project Nessie" to push up the prices that U.S. households pay, Amazon may have also succeeded in curbing Walmart's ambitions.
Majority of Indians check sellers' rating online, scan social media presence before ordering: Report
According to the survey, about 96 per cent of the consumers geared up for pent-up purchases online during the festive season.
Amazon sued in US over allegations it inflates online prices and overcharges sellers
US regulators and 17 states have filed a lawsuit against Amazon, accusing the e-commerce giant of abusing its market position to inflate prices and stifle competition. The lawsuit alleges that Amazon engages in anti-competitive practices by discouraging sellers from offering lower prices on other platforms, charging high fees, and favoring its own products over others.
Amazon drops planned merchant fee as FTC lawsuit looms
Amazon's fee would have applied to merchants who ship orders through Seller Fulfilled Prime - Amazon's programme that guarantees swift product delivery, even though the company does not handle the shipping itself.
Amazon local revenues enough to fund India investments; on track for profitability: Amit Agarwal
Agarwal’s remarks follow Amazon’s commitment to raise its investments in India to $26 billion by 2030, announced by chief executive Andy Jassy after his meeting with Prime Minister Narendra Modi in June.
Amazon extends warehousing infrastructure to sellers outside its platform
Amazon on Thursday announced the launch of a new product, Multichannel Fulfillment, which will enable sellers to run their online businesses by accessing its fulfilment infrastructure, even if they are not on the ecommerce platform.
Amazon Q2 preview: investors eye revenue, cloud growth and retail margins
Investors want to know how Amazon Web Services (AWS), the company's cloud provider, stands up against Microsoft and Google's, which both on Tuesday reported slowed growth in their cloud businesses.
France fines Amazon over contracts with third-party sellers
In a statement, the competition, consumer and anti-fraud office (DGCCRF) said it had already ordered the company to correct "a significant imbalance in contractual conditions to Amazon's benefit" in December 2021.
Third-party seller aggregator Evenflow aims to clock Rs 1,000 crore by 2025
Evenflow acquired Xtrim in December last year and bought Vifitkit and Yogarise in January this year, and claimed they have grown over 30% month-on-month across marketplaces such as Amazon and Flipkart.
Reliance Industries shelves plan for separate ecommerce marketplace for third-party sellers
The Mukesh Ambani-led company is now building JioMart as a full-fledged marketplace with presence across categories to take on market leaders Amazon and Flipkart, they said.
Evenflow Brands appoints Ramesh Bafna, current CFO at CoinSwitch Kuber as its strategic investor and advisor
“He is a seasoned operator - who is able to easily oscillate between a 40,000 feet view of the business and on-the-ground everyday business challenges. As we continue to build Evenflow, I am looking forward to learning from Ramesh and benefiting from his years of experience,” Utsav Agarwal, co-founder and CEO of Evenflow said.
E-commerce platform can't allow third-parties to "latch on" to other sellers: Delhi HC
The court, in its interim order, said that prima facie, the defendant was permitting other third-party sellers to "latch on" to the best sellers in one particular segment of products and directed the defendant to disable the feature in relation to the plaintiff and restrained it allowing any third-party sellers from "latching on" to the mark and product listings of the plaintiff.
E-commerce platform can't allow third-parties to "latch on" to other sellers: Delhi HC
Justice Prathiba M Singh said that "latching on" is a mode of encashing upon the reputation of another entity and the consent and authorisation of the brand owner as well as the listing owner would be required before such conduct is permitted. The court's observations were made on a lawsuit by an online clothes seller against an e-commerce platform.
Meesho looks to cut costs, extend cash runaway with new seller policies
The company has told at least one of its third-party logistics partners – among the largest nationally — that it expects shipment volumes to decrease by about 25-30% in the next two quarters.
Reliance to build separate online marketplace for third-party sellers
Reliance's move is to prepare itself for the government's proposed ecommerce policy, which is likely to prohibit marketplace operators from having their related parties or associated enterprises as sellers on their platforms. The Tatas and a few others are reportedly opposed to such a condition, but Reliance is said to be in favour of it and wants to support independent sellers through a separate platform, the executives said.
Load More
