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Retailers will not be able to levy GST after giving discount on MRP, like it was in the case of VAT, the Consumer Protection Council has decided. Advocate Ajay Jagga, member, Consumer Protection Council (CPC), Chandigarh, raised the issue following which it was made part of the agenda in the meeting and passed on October […]

SoftBank and Alibaba-backed Paytm today said it has invested in Mumbai-based lending startup CreditMate. The fintech major, however, did not disclose the investment amount. CreditMate was founded in 2016 by Jonathan Bill, Ashish Doshi and Aditya Singh. The company focuses on secured lending against two-wheelers. As a part of the deal, Paytm will also leverage […]

iStockPhoto ICICI Bank Ltd has partnered with Paytm to provide instant credit to its customers who are buyers on the latter’s e-commerce platform. The product, called Paytm-ICICI Bank Postpaid, is currently available only to those customers of ICICI Bank who are on Paytm’s platform, but the bank may extend such instant lending to customers of […]

Fashion vertical portal Koovs.com has beaten industry giants Amazon, Flipkart and Paytm to emerge as the platform offering the best customer experience, according to a survey by Forrester. Flipkart was left lagging at seventh position behind the Group’s own sites Myntra and Jabong and even Snapdeal, which has been struggling to regain marketshare.“Koovs made large […]

Amazon goes into the holiday season with a magnified brick-and-mortar presence, giving it more opportunities to sell its Kindle e-readers, Fire tablets and other gadgets. The online retailer now has more than a dozen Amazon Books stores, which also sell toys, electronics and small gifts. Kohl’s has carved out space for Amazon shops in 10 […]

Paytm Mall today said it will offer smartphone buyers ‘Mobile Protection Plan‘ to safeguard their devices against accidental damages. This plan will offer year-long coverage against accidental damage including screen damage, liquid damage and theft, Paytm Mall said in a statement. The service will be available at about five per cent of the phone’s price, […]

Avenues India, the subsidiary company of Infibeam Incorporation Limited on Monday launched BillAvenue, an inter-operable digital bill payments platform. Built over the Bharat Bill Payment System (BBPS) infrastructure, BillAvenue enables service providers to accept bill payments from customers nation-wide, while also offering easily accessible bill payment facility to customers, both online and offline, the company […]

In 2016, 73 percent of all Indian shoppers who shopped online faced challenges ranging from shipping, returns, lost products and miscalculated duties and taxes during the holiday shopping season, said global technology company, Pitney Bowes, in its ‘2017 Global Ecommerce Study’ survey. According to the study, although on a global level 47 percent shoppers said […]

Amazon is investing heavily in its advertising business in India, and it has a dedicated team in Bengaluru creating innovative products for advertising. The company is seeing good growth in the number of Indian sellers advertising on Amazon, said Colleen Aubrey, global vice-president of performance advertising. She said that a number of India-first and India-focused […]

Can you trust all product ratings and customer reviews while shopping online in India? Maybe not. While top online retailers, including Amazon and Flipkart, are trying their best to encourage shoppers to leave reviews as they boost sales and increase credibility, consumers believe many of these on e-commerce sites are fake or planted. For instance, […]