Tag: e-commerce
How Shein came crashing down
Only a few years ago Shein looked unstoppable. Its novel business model—using oodles of data and clever algorithms to spot fashion trends and generate new…
Govt operationalises inventory-based cross-border e-commerce export framework
The government on Wednesday operationalised inventory-based e-commerce exclusively for exports, requiring interested firms to conduct business through a registered entity as an exporter-on-record (EOR), which…
Commerce ministry set to roll out 8 export push steps next week
New Delhi: The commerce ministry is likely to roll out eight components of the Rs 25,060-crore Export Promotion Mission, including e-commerce, factoring services and warehousing,…
Govt mitigating impact of US tariffs on Indian exports: Prasada
The government on Tuesday said it is working to mitigate the impact of the US tariffs on the country’s exports through a multi-pronged strategy including…
Next generation GST reforms led to growth in sales across sectors: FM Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Tuesday said that the implementation of next generation GST reforms on September 22 has led to a growth in…
Cabinet may discuss finance and market aid next week to boost exports
New Delhi: The Cabinet is expected to discuss next week a proposal for an Export Promotion Mission (EPM), aimed at strengthening the country’s export ecosystem…
Mahindra-backed FirstCry faces Rs 2 lakh penalty for misleading ads, drip pricing
The Central Consumer Protection Authority (CCPA) on Friday imposed a penalty of Rs 2 lakh crore on baby-products brand FirstCry for false and misleading price…
Prosus doubles stake in Urban Company ahead of $1.8 billion IPO
Prosus NV, known for its massive stake in Tencent Holdings Ltd., said it more than doubled its stake in Urban Company ahead of the Indian…