Ecommerce is a rapidly evolving and dynamic sector, necessitating extensive consultations with stakeholders for the development of a national policy, as per information presented in Parliament on Wednesday. Minister of State for Commerce and Industry, Som Parkash, stated in a written response to the Lok Sabha that a draft ecommerce policy was made public on […]
The Federation of Automobile Dealers Associations (FADA) has unveiled the Vehicle Retail Data for November 2023, marking a historic achievement for the Indian Auto Retail Industry. According to a press release, the month witnessed the sale of 28.54 lakh vehicles, surpassing the previous high of March 2020, which sold 25.69 lakh vehicles during the industry’s […]
People are underestimating the potential of Open Network For Digital Commerce (ONDC), which has the potential to become a leading platform in the future, said Vijay Shekhar Sharma at an event on Monday. “According to me, people are underestimating the power of this platform to inevitably become a bigger platform, at least as Paytm and […]
eBay, a global commerce platform that connects millions of buyers and sellers around the world, has launched its first-ever ‘Seller Guide’ for Indian exporters. This handbook serves as a tool, providing sellers venturing into cross-border ecommerce with a complete roadmap. From data on India-centric supply to onboarding procedures, promotions and shipping strategies, this guide paves […]
The Open Network for Digital Commerce (ONDC), in collaboration with Google Cloud India, Antler in India, Paytm, Protean and Startup India revealed ‘Build for Bharat’ initiative. According to the ONDC, the initiative aims to tackle diverse challenges in digital commerce, promoting industry innovation to develop practical solutions in this space. ‘Build for Bharat’ intends to […]
The wedding season in India is not just a celebration of love and union; it is a spectacle of traditions, grandeur, and exquisite fashion. As the cultural tapestry unfolds, one aspect that takes centre stage is fashion jewellery. In recent times, the Indian fashion jewellery market has witnessed a significant surge, becoming an integral part […]
The Ministry of Corporate Affairs (MCA) is likely to investigate Chinese smartphone manufacturer Vivo under a Serious Fraud Investigation Office (SFIO). Vivo has already been accused by the Enforcement Directorate (ED) of laundering, a leading media house reported on Saturday from people familiar with the matter. The ministry has instructed Vivo’s regional director to conduct […]
More than 60 Indian footwear and leather goods manufacturers are set to participate in the largest exhibition of such products in the Middle East and North Africa (MENA) region from 11-13 December. The Dubai International Footwear and Leather Exhibition (DIFLEX 2023) comes against the backdrop of rising demand for footwear and leather goods in the […]
Coca-Cola on Thursday revealed a substantial investment of Rs 1,387 crore for a new manufacturing facility in Maharashtra’s Ratnagiri district. Spanning 88 acres in the Lote Parshuram Industrial area within the Maharashtra Industrial Development Corporation zone, the facility will utilize water from the Vashishthi river, according to a statement from Hindustan Coca-Cola Beverages. The greenfield […]
Good and Services Tax (GST) Revenue collection for November 2023 stands at Rs 1,67,929 lakh crore, recording the highest growth rate of 15 per cent Year-on-Year, an official statement issued by the Ministry of Finance said on Friday. The Finance Ministry said that gross GST collection crossed the Rs 1.60 lakh crore mark for the […]
