Retail
Amazon to launch shipping service in Los Angeles
10 Feb 2018
Amazon will introduce two-hour delivery from Whole Foods stores to Prime members in select cities in US
08 Feb 2018
Walmart offers to sweeten valuation for large stake in Flipkart
08 Feb 2018
Walmart Stores Inc is offering to double the valuation of Flipkart to about $20 billion for a large stake in the Indian ecommerce major, in its bid to take on Amazon in the online retail space
BigBasket raises $300 mn from investors led by Alibaba
03 Feb 2018
BigBasket, operated by Supermarket Grocery Supplies Pvt Ltd, has raised $300 million in a Series E funding round led by Alibaba Group Holding Ltd with Sands Capital, International Finance Corp and Dubai-based Abraaj Capital
Flipkart’s losses widen to Rs8,771 cr despite 29% rise in revenue
03 Feb 2018
Flipkart Ltd, the Singapore parent of online retailer Flipkart, has reported a loss of Rs8,771 crore ($1.4 billion) for the financial year ending March 2017, even as revenues rose by 29 per cent to Rs19,854 crore
Walmart facing racial discrimination lawsuit over locking black hair care products in glass case
27 Jan 2018
Walmart is being sued for racial discrimination after the retailer was accused of locking black hair-care products in a glass case, while other merchandise was easily accessible
Showing MRP, expiry date now a must for ecommerce firms
01 Jan 2018
Starting today, ecommerce companies will have to display maximum retail price (MRP) and expiry date of packaged products sold on their platforms, as well as other relevant details
US footwear brand sues Flipkart for allegedly selling fake products
28 Dec 2017
US-based footwear brand Skechers has moved court against Flipkart alleging that some third-party sellers were selling counterfeit products of its brand on the Indian online site
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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