40% Of Ecommerce Goods In China Counterfeit: Report

40% Of Ecommerce Goods In China Counterfeit: Report

Not too long ago, the world had its eyes on China as one of the fastest growing countries in the globe. Now its economy has been slowing down, and the future doesn’t look quite as bright any more. One of the bright spots in China’s economy was its e-commerce sector, where players like Alibaba were breaking new ground with their humungous sales figures. A new report, however, takes the sheen off these numbers.

Have E-commerce Firms Violated FDI Norms? RBI, ED Asked To Probe

Have E-commerce Firms Violated FDI Norms? RBI, ED Asked To Probe

The mega sales have ended. The partying is also over. E-commerce majors such as Flipkart, Amazon and Snapdeal are now in for some sobering news.

Government of India has asked Reserve Bank of India (RBI) and Enforcement Directorate (ED) to probe whether e-commerce majors have violated Foreign Direct Investment (FDI) rules by engaging in business-to-consumers (B2C) activity.

Flipkart and Amazon Try Out Online Mystery Shoppers

Flipkart and Amazon Try Out Online Mystery Shoppers

With several online customers facing such bad experiences in terms of pricing discrepancies, non-availability of desired products, or even receiving sub-standard or fake products, online marketers are now pulling up their socks to ensure customer satisfaction on one hand, and prevent fraud on the other. And one of the approaches taken by many ecommerce platforms, including biggies Flipkart and Amazon is introduction of the Mystery Shopper.

Jabong Appoints New CEO

Jabong Appoints New CEO

Jabong, whose CEO and MD had quit in September, has finally found a replacement. The company has appointed Sanjeev Mohanty as CEO and Managing Director effective early December 2015. Mohanty has previously had leadership experience at Benetton India, Madura Garments and Levi Strauss. He has a degree in Apparel Marketing & Merchandising from National Institute of Fashion Technology. Commenting on the appointment Romain Voog, CEO of Global Fashion Group (GFG), the parent company of Jabong, said, “We…

The Stunning New Pictures From Telangana Government’s Entrepreneurship Hub

The Stunning New Pictures From Telangana Government’s Entrepreneurship Hub

The Telengana government had launched India’s largest entrepreneur hub – T-Hub in August of this year. The inauguration had taken place among much fanfare, with Ratan Tata being the chief guest and grand promises being made. But given the usual pace of government projects in India, expectations had been muted. But the Telangana government has delivered, and how.

Students Move Court Against Foodpanda Over Allegation of Wrong Bills

Students Move Court Against Foodpanda Over Allegation of Wrong Bills

Bad PR seems to yet again plague the food startup. Now, law students Pranav Jain and Aroon Menon from Delhi have moved to court accusing Foodpanda of miscalculating the VAT charges on bills, subsequently misappropriating their total taxes and charges due to the govenrment, and also cheating customers in the process.

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