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FSSAI registration is must for selling food products online ...
06 Apr 2016 Published by Rahul Verma 212 Views

The growing need of assurance in food products available online has pressed government to ensure FSSAI registration must for e-commerce players in India. The authority manufacture, storage, distribution, sale and import to ensure availability of safe and wholesome food for human consumption.The govt has made clear to e-tailers that if selling food products that need to register under the Food Safety and Standards Act 2006 with the FSSAI."These e-commerce players at their platforms are also s..

RIL extends JIO brand with fashion e-commerce portal Ajio...
03 Apr 2016 Published by Rahul Verma 471 Views

Reliance Industries Ltd (RIL), the diversifying conglomerate, has expanded its presence in retail fashion with portal Ajio.com, focused on high-fashion brands. The new launched portal will showcase the largest collection of private labels for women online. According to company sources, some 60% of the merchandise it sells, including national and international brands and Indie (ethnic fusion) wear, will be exclusively available on the portal. The fashion will be aimed at 18-34-year groups.Th..

Govt allows 100 pc FDI in E-commerce but with conditions ...
31 Mar 2016 Published by Rahul Verma 222 Views

Traders wing call it 'unfortunate'May bar big discounts rolled by e-tailersDescribed capacity for vendorsIn a major decision, govt. allowed 100 per cent foreign direct investment (FDI) in e-commerce marketplaces, paving smoother passage for international e-tailers in India. However, made it conditional, that FDI is not permitted in inventory based model of e-commerce.The government decision made industry react as clearly defined, ‘100 per cent FDI to the company provides a platform to act as a..

Virtual Reality – Utopia in progress!...
29 Mar 2016 Published by Karthik Manohar Pillai 277 Views

Last week I was strolling inside a mall, wherein I came across a virtual reality experience. I had read some news about virtual reality trying to take on the future of gaming experience. The game was really simple. Wearing a virtual reality headset you are enclosed in an arena filled with shock absorbing mattresses and bean bags. You just had to cross a 7-yard platform. I found it not worth investing my money because of the level of difficulty – it was too mainstream. However, I couldn’t hol..

Abraaj, poured $150 million in the grocery biggie BigBasket...
23 Mar 2016 Published by Rahul Verma 168 Views

 Amazon.com Inc , which is aggressively investing in India, also launched a grocery delivery pilot in Bengaluru late last year.Read more at: http://www.moneycontrol.com/news/business/bigbasket-raises-36150-millionfunding-led-by-abraaOnline supermarket BigBasket has empowered with $150 million (about Rs 1,000 crore) funding by Dubai based Abraaj Group. The funding may strengthen grocery biggie’s express delivery service to take on competition from rival Grofers, LocalBanyaThe growing groce..

Viber’s public chat platform to thrust Startups in India ...
22 Mar 2016 Published by Rahul Verma 262 Views

In effort to perk up visibility and capturing emerging trend of messaging, Viber, has propelled its public chat system to help out startups in India. The fledgling businesses like Zopper, ObiNo, Vuclip, Lootore and KhauGaliDeals are among the startups that are connected to Viber Public Chats, allow users for multitasking follow, comment and conversation streams of celebrities and brands.The messaging platform will help the startups to connect with new people around the globe. “In a world run b..

JLL India to come up with Snapdeal for residential properties solution...
22 Mar 2016 Published by Rahul Verma 162 Views

Property consultancy firm Jones LangLaSalle’s India arm, JLL India, has entered into a collaboration for residential services division with online marketplace Snapdeal in India. The duo will market brokerage-free buyer services in primary sales properties.Snapdeal-JLL can provide home searches and advice homebuyers, to let clients utilize maximum advisory with developers and assist with documentation and mortgages. "E commerce is evolving rapidly and proving to be a major disruptor of tra..

Alibaba to strike the chord of e-commerce in India...
18 Mar 2016 Published by Rahul Verma 195 Views

The ongoing war of pioneering e-tailing business, after Amazon, Jack Ma’s Alibaba is another name eager to expand its presence in India. In the crucial term, the Chinese economy is facing slowdown as well as India marketplaces; this announcement may pour sense of consolidation in India. According to media reports, “Alibaba Group president Michael Evans and global managing director K Guru Gowrappan met Communications and IT minister Ravi Shankar Prasad and underlined the comp..

Magicbricks to boost up analytics arm, acquires Properji.com...
18 Mar 2016 Published by Rahul Verma 225 Views

Online real estate solution major Magicbricks has acquired property analytics portal Properji.com to expand its analytical forte with detailed project reports helpful to consumers for buying decision.Bengaluru-based Properji.com provides detailed analysis to make valuable suggestion to buyers, based on reports before taking crucial decision.Under the umbrella of Invact Technologies Pvt. Ltd, Properji.com, has started its operations in 2013.The sluggish real estate market has put buyers sentiment..

HDFC to power stratups with 'SmartUp' ...
16 Mar 2016 Published by Rahul Verma 252 Views

HDFC Bank, the front-runners in banking process in India, has pushed ‘SmartUp’, a dedicated solution for startups, to bestow all their banking needs.The SmartUp has been introduced this service in association with Mumbai-based Zone Startups India (ZSI).SmartUp is tailored to meet all the requirements of a startup, offering banking and payment solutions, along with advisory and Forex services.The benefits of SmartUp current account include—waiver of AMB (average monthly balance) for the fir..

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