May 24, 2013

FDI impacts on Indian e-commerce are still unclear: Muralikrishnan, eBay India head

November 29, 2011 By Leave a Comment
FDIimpactsInIndianEcommerce

Under new FDI (Foreign Direct Investment) regulations, retail giants such as Wal-Mart, Carrefour , Amazon and Tesco, long barred from selling directly to Indian consumers will be permitted to own a majority 51% stake in joint operations with a local partner. At the same time it is eagerly awaited by national players in e- commerce in India to witness an indirect impact on the e –commerce business. eBay country head for India Muralikrishnan B, who took over the reins of the eBay portfolio in … [Read more...]

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FDI in Retail – is it a next wave for online retailing?

November 25, 2011 By Leave a Comment
FDIinRetail

The genie is out. 51% FDI has been given cabinet approval in multi brand retailing that paves the entry of global retailing giants like Wal-Mart, Carrefour, Tesco and many others who have been waiting in sideline to venture in to juicy Indian market. In order to gauge FDI’s impact on online retail iamwire has put forth a status quo analysis. It will easy out investment route in online retailing, earlier the online companies tried to work their way out and get FDI investment by making … [Read more...]

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Walmart to start innovation lab in Banglore

November 9, 2011 By Leave a Comment
WallmartLabs

Walmart, a leading retailer worldwide, has been competing with online retailer Amazon and trying to improve how its customers shop over Internet, according to a report published in Economic Times. The company would begin its innovation lab in India to shape its next generation of innovations in the field of shopping behavior. Walmart labs, which employs about 70- 80 people in United States will be located in Bangalore and is likely to drive talent from companies like Amazon, Google and Yahoo … [Read more...]

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