The Delhi Police, on Wednesday, ordered e-commerce websites and social media platforms to cease the online sale of firecrackers in the National Capital Territory (NCT) Delhi.
The Q2 FY25 net profit declined from Rs 13.64 crore reported in the preceding June quarter, according to the company’s financials with the stock exchange.
In the festival season of October to December 2024, the Indian e-commerce is projected to reach $12 billion in gross merchandise value (GMV), marking a 23 per cent increase from last year when the GMV was $9.7 billion in the same period in 2023.
Online e-commerce platforms in the country saw sales worth over Rs 54,500 crore in the first week of the festive season, about 55 per cent of total sales projected during the next month.
Uttar Pradesh Chief Minister Yogi Adityanath on Friday highlighted the transformative impact of e-commerce platforms, describing them as catalysts for a new era of opportunities.
Rohit Kumar Singh, secretary in the Department of Consumer Affairs, along with senior officers of the department and Bureau of Indian Standards (BIS) launched the framework.
Sanjeev Barnwal, Co-Founder and CTO, Meesho, said women entrepreneurs are a key growth engine of India’s economy.
Amazon founder Jeff Bezos has announced plans to donate most of his $124 billion fortune during his lifetime, at a time when the e-commerce giant is reportedly set to lay off nearly 10,000 workers.
E-commerce giant Amazon will offer its transportation anE-commerce giant Amazon will offer its transportation and logistics network as a service to third-party merchants, businesses, and direct-to-consumer brands in India.
India's e-logistics sector has become one of the largest and fastest growing logistics markets globally and is all set to reach the $9 billion industry, with a compound annual growth rate of 35 per cent, a report showed on Monday. The number of e-commerce logistics shipments is expected to grow by four times in the next five years.
