By Alex WebbPrivate equity has often found it tough to invest its $1.3 trillion of committed capital in technology companies. For all of their desire to get into the game, tech’s bubbly valuations meant private equity investors often couldn’t justify writing big checks, and some of the hottest startups’ lack of profitability made it hard […]

Full operations of e-commerce companies should be opened up while moving towards normalcy as these services can help in supporting social distancing by delivering products at the door, industry body Internet and Mobile Association of India (IAMAI) said on Thursday. IAMAI, whose members include Flipkart, Amazon Seller Services, eBay etc, said that e-commerce services can […]

Amazon has started building a lab that will enable it to test employees for the Covid-19 virus, the latest step the online retailer is taking to try to protect its warehouse workers and delivery drivers who are getting essential products to customers sheltering at home. Amazon acknowledges its ad-hoc effort may not accomplish much during […]

Accept the updated privacy & cookie policy Dear user, The EconomicTimes.com privacy and cookie policy has been updated to align with the new data regulations in European Union. Please review and accept these changes below to continue using the website. You can see our privacy policy & our cookie list below. We use cookies to […]

A surge in data consumption during the ongoing lockdown due to the Covid-19 virus outbreak has caused internet speeds to fall steeply, two separate studies by speed testing firms showed. Analytics firm Ookla revealed that fixed broadband – popularly called WiFi – download speeds decreased to 35.98 Mbps in March from 39.65 Mbps in February. […]

Necessity is the mother of business strategy – in less than a week, some of the biggest names in retail, fashion and lifestyle have started selling face masks. New mask sellers include Amazon, Flipkart, Myntra, BigBasket, Reliance Retail and Grofers. The move comes as Delhi, Maharashtra, Uttar Pradesh, Odisha and Chandigarh make wearing masks mandatory […]

Flipkart is going to enter into a series of partnerships with brick-and-mortar retailers and leading FMCG companies to spruce up its offerings in its weakest business area of essentials. On Thursday, it formed such an arrangement with Spencer’s Retail. The Walmart-owned ecommerce firm is in advanced talks also with Hindustan Unilever and ITC to sell […]

Illustration: Rahul Awasthi Hyper-local delivery of food and groceries has made a resurgence over the past few weeks amid the ongoing 21-day nationwide lockdown, although industry insiders are sceptical whether the trend will last. E-commerce companies and other delivery-based businesses are forging partnerships with physical stores to fulfil increased orders at a time when customers […]

Along with initiatives around work from home and innovative use of telecom spectrum, incentives worth ₹48,000 crore for the electronics manufacturing sector will play a big role in reviving the economy reeling from the Covid-19 virus outbreak, said Union Minister for Electronics and IT and Communications Ravi Shankar Prasad. In an interview with ET’s Surabhi […]

Image Credit: REUTERS/Hannah McKay France’s competition regulator said Thursday that Google must start paying media groups for displaying their content, ordering it to begin negotiations after refusing for months to comply with Europe’s new digital copyright law. The agency said it “requires Google, within three months, to conduct negotiations in good faith with publishers and […]