Illustration: Rahul Awasthi Amazon on Monday filed a petition at the Karnataka High Court to “quash” the investigation ordered by India’s competition watchdog into alleged malpractices by the online marketplace. The American company also sought an interim stay on the probe ordered by Competition Commission of India (CCI) last month while its petition is heard […]
Archives for February 2020
Amazon moves Karnataka HC to quash CCI probe
Illustration: Rahul Awasthi E-commerce major Amazon has filed a petition in the Karnataka High Court to quash an investigation ordered by India’s competition watchdog into the alleged malpractices of the American etailer and its chief rival Flipkart. Amazon also sought an interim stay on the investigation, as per the petition filed, Monday. Amazon said the […]
IndiGo launches Hindi website for flight bookings
IndiGo on Monday started its Hindi website for customers who want to use it as their language of choice for flight bookings. India had 637 million internet users as of March 2019, with Hindi content consumption witnessing a growth of 94 per cent in 2018-19, the low-cost carrier stated in its press release. Over the […]
Enterprise mindsets need to transform for the truly connected world
SPONSORED INTERVIEW Bernd Gross is the chief technology officer of Software AG, having joined the company following its acquisition of Cumulocity, which he founded in 2012 as part of a management buy-out from Nokia Siemens Network. With 25 years of international experience in the IT industry and in management positions, including in the UK, Finland […]
Buying from foreign ecommerce sites may get costlier
The government may consider introducing a prepaid tax and customs model for cross-border transactions, a move that could make buying products from foreign ecommerce platforms costlier. Chinese and other foreign ecommerce platforms, while shipping products to Indian customers, would have to pay the tax and customs duty through a government IT system and can only […]
WhatsApp Pay to expand UPI project to 10 million users
Facebook-owned instant messaging platform WhatsApp has received permission from the National Payments Corporation of India (NPCI) to expand its pilot United Payment Interface (UPI) services to 10 million users, according to Nandan Nilekani, the architect of unique identity database Aadhaar and UPI. Nikelani was speaking at an IIT Industry Conclave event on Friday. WhatsApp’s payment […]
E-comm in India is a fantastic revolution, says L’Oréal CEO
Illustration: Rahul Awasthi L’Oréal, the world’s largest cosmetics company, said e-commerce is turning out to be a game changer in India, a market where rivals have been historically stronger due to dominance of kirana stores. India has an estimated 10 million kirana stores, which account for an estimated 90% of overall consumer products sales. A […]
Tech platforms take on virus rumours
Illustration: Rahul Awasthi Technology platforms are fighting to control misinformation regarding the novel Coronavirus through search prompts, removal of content and by teaming up with fact checkers, amid a social media deluge of alarming warnings, possible cures and rumours regarding the virus that originated in China. On Friday, Twitter launched a dedicated search prompt for […]
Amazon Flex drivers are using bots to cheat their way to getting more work
Contractors working for the Amazon Inc. Flex program load packages into vehicles to deliver to customers in San Francisco. David Paul Morris | Bloomberg | Getty Images Like many gig economy workers, Amazon Flex drivers start off their day by opening an app. The Flex app is where drivers find package delivery jobs in their […]
China allocates $10.26 billion to fight coronavirus
BEIJING (Reuters) – China’s finance ministry said on Sunday all levels of government had allocated a total of 71.85 billion yuan ($10.26 billion) as of Saturday afternoon to fight coronavirus. The ministry will deploy the funds to ensure that members of public can afford diagnosis and treatment, it said in a statement on its website. […]