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ED conducts pan-India raids on sellers using e-commerce platforms Amazon, Flipkart | India News – Times of India

adminNovember 7, 202402 mins

NEW DELHI: The Enforcement Directorate (ED) on Thursday launched a series of searches across India targeting certain vendors operating on major e-commerce platforms Amazon and Flipkart, according to PTI sources.The raids, part of an ongoing probe under the Foreign Exchange Management Act (FEMA), spanned multiple locations, including Delhi, Gurugram, Hyderabad, and Bengaluru.According to officials, the…

ACs to ice cream: E-tail booms in cruel summer – Times of India

adminJune 7, 202405 mins

MUMBAI: From ACs to beauty products and even snacking items, consumers are increasingly going online to fill their shopping carts as heatwaves nudge them to stay indoors, at least during the peak afternoon hours.Online sales for Voltas through Amazon and Flipkart, for instance, have grown by 190% year-on-year between March-May 2024. The company’s sales through…

Price disparity: Apparel retailers turn to own online channels – ET Retail

adminFebruary 14, 202403 mins

Representative image Kolkata: Shying away from e-commerce platforms, leading apparel retailers in the city are coming up with their own online channels. The retailers state that higher discounts on e-commerce platforms trigger price disparity, thus affecting sales at offline stores. This has prompted the retailers to draw up a new business strategy focusing on multichannel…