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India Post has been connected with e-business in India since the start of this idea. In 241 years of its presence the Department of Posts has possessed the capacity to set up in excess of 1.5 lakh post offices, covering greatest number of pin codes than any logistics organization, and hence turning into a closest companion for the Indian Internet retailers. However this is somewhat evolving now, the Government worked system is soon going to launch its own e-trade marketplace. In a report by ET John Samuel, a part of Postal Services Board, said that India Post will be launching an Amazon and ebay like online store, which would be an overseen marketplace with solid look out for of who can sell and who can not. An accentuation would be made on selling of indigenous items like Darjeeling Tea, Kashmiri Saffron and so forth. "In one hand we have Rs 4909 crore worth the trouble related foundation modernization plan and then again, we are spending an alternate Rs 2000 crore to have new...

Retail ecommerce sales in India are required to grow by 45 per cent to $760 crores in the not so distant future, research firm emarketer said. The country had seen retail ecommerce sales of $5.3 billion last year, as indicated by emarketer estimates of digital and block and-mortar retail sales far and wide. Retail ecommerce sales, including all items requested over the Internet aside from travel, will grow 45.2 per cent to $760 crores in the not so distant future, it included. ecommerce has taken India by a storm and can possibly grow further with the Indian government, firms and financial specialists attempting to gain by its ubiquity. Last year saw huge financial specialists from India and abroad putting their cash on different e-business ventures, which got funds to the tune of $3 billion from people, organizations and private equity firms. The industry players anticipate that the fund inflows will proceed with, or may be get stronger in 2015 too. A report by consulting firm Tech...

A warehouse worked by India's biggest e-business company Flipkart in Ghaziabad has gone under the scanner of the Commercial Taxes Dept. of Uttar Pradesh, which has slapped a penalty of Rs 13.8 lakh on the company, blaming it for non-compliance with the rules identified with import of goods. "Two trucks were bringing shoes from outside Uttar Pradesh for the Dasna-based warehouse of Flipkart. On the other hand, they were convey a bigger number of goods than they had declared. Likewise, we discovered a blank Form 38 with them, which is an issue of non-compliance," said an official of the raid team. Form 38 – Whenever one company sends products and merchandise starting with one state then onto the next, an appropriately filled Form 38 should be sent with the goods. The authority discovered 171 sets of shoes in the truck that were undeclared. As per an alternate report, goods worth INR 47 Lakh have been seized by the powers. The authority further included that the office h...

Indian ecommerce industry is all situated to witness some major firecrackers as industry biggies: Amazon and Alibaba are in a major acquisition mode. According to reports rolling in from different sources, Amazon is crawling towards procuring Jabong and Alibaba is viewing Snapdeal nearly, and an arrangement might leap forward whenever now. Amazon-Jabong On the off chance that this Amazon chooses to acquire Jabong (and appears chances are high), Indian Ecommerce will witness its greatest acquisition till date. Sources are letting us know that the first level of talks in the middle of Amazon and Jabong is presently over, and management groups from both the portals are encircling out the details. According to insiders, this first level of talk had happened short of what a week prior. In spite of the fact that Indian FDI laws doesn't allow investments in Jabong, henceforth its an inventory based ecommerce model, though Amazon India is fundamentally a marketplace. Fashion i...

It appers that it is the stormy season for offers the extent that smartphones are concerned on famous online e-trade destinations, for example, Snapdeal .com and Amazon .in. Snapdeal has declared sale price of Rs. 20,999 for Google Nexus 5 cell phone, which will start at 9am and iphone 5s(16gb) will be sold for Rs.31,499 at 12pm. Not to be deserted is an alternate well known marketplace Amazon.in . They are offering Blackberry Z3 , Micromax Canvas Knight A350 and even Microsoft Xbox 360 and Samsung 16.2 MP digital cam for just Rs. 11,111 for every device. The sale on Snapdeal started at 7am and there are numerous different things for snatch at heavy discounts. Amazon is likewise offering different things at an alluring prices. On the off chance that you are wanting to purchase stock Android Nexus 5 , then it is the ideal time to log onto Snapdeal at 9am or the sought device goes out of stock! Google Nexus 5 accompanies a 4.95 inch full HD display, quad-center Snapdragon 800 pro...

Keeping in mind the end goal to pander to the expanded growth in online sales, Snapdeal is tripling its headcount. Snapdeal will be increase its technology, sales and vendor improvement, customer administration and the supply chain teams with crisp hiring. Toward the end of last fiscal, Snapdeal had an aggregate headcount of 1,300 and the target was to twofold it before the end of this fiscal. Then again, by September, it touched a head count of in excess of 2,500. Getting up to speed with the growth trajectory in sales, the company will be presently more forceful with hiring to have 3,500 to 4,000 individuals ready for, Saurabh Nigam, VP-HR, Snapdeal. "Taking a gander at how we have developed not long from now and the way we are bullish in accomplishing business goals and expanding topline and piece of the overall industry, we will be further increase our hiring. Technology is the key driver and this will be an area where we have to reinforce ourselves. We have a technology te...

1. Fusion of digital and brick and mortar: The world is moving from brick and mortar to digital commerce. However sellers need to continue investigating the approaches to increase customer base furthermore hold the high requesting customers. The missing individual connection in digital commerce will be topped off with the expansion of brick and mortar set-up. This will be as spot to do trials, alterations, shipment pick-up/ drop-off focuses, grievance redressal, items showcase, cross offering and indistinguishable. The fusion won't just enhance customer fulfillment and sales additionally help in expanding brand mindfulness among the non-digital buyers. 2. Hostage Logistics set-up will be sold out to standard logistics players: Many expansive ecommerce players have set-up hostage logistics functions in the structure in-house warehouse and last mile conveyance. This was mostly shaped to keep up the guaranteed administration levels to the buyers. However with the time the standar...

With 1.50 lakh post offices the nation over, India Post has marked a Memorandum of Understanding with Indian E-business organizations Snapdeal and Shopclues, to hold hands and move the e-trade logistics. As expressed in a discharge by iGovernment, on the event of Business Development Day on fourteenth Oct 2014 the department of postal services chose to hold hands with the two online commercial centers, to coddle their logistics needs with its wide reach. As an exchange, for getting their backing for an INR 4909 crore IT anticipate, to acquire electronic network and ability over 1.5 lakhs Post Offices for improved conveyance of all mail & financial services. Vijay Ajmera, Sr. VP (Finance) Snapdeal .com said that they are cheerful to pick Department of Post as their delivering accomplice and this organization will give their e-trade business a more extensive achieve and system. Talking about this affiliation, Sanjay Sethi, CEO & Co-Founder, Shopclues said, "We're a comm...