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Flipkart gets jump on Amazon in India's e-shopping market

Flipkart buys Letsbuy in a cash-equity deal
Signalling consolidation in the Indian online retail space, leading e-commerce company Flipkart has acquired Letsbuy, a strong cyber player in the consumer electronics category. While the industry referred to the deal as an Amazon-Junglee effect, co-founder and CEO of Flipkart Sachin Bansal told Business Standard, "the discussions have been on for some time. So it would be incorrect to say that it's

Amazon arrival will not hurt us, says Flipkart CEO Bansal

Leading e-retailer Flipkart is indeed stepping up visibility across the country through hoardings and television advertisements. Still, ask the online chain about the threat from its latest

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Joke on child wear offends British parents
Many agitated parents in Britain have decided to boycott one of country's biggest retailers for selling a garment that jokes about child abduction.

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Amazon flows into India via Junglee route

Amazon.com on Thursday flowed into India — not on its own but by using one of its offshoots. The world’s largest online retailer dusted off a website, Junglee.com, it bought 14 years

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Online rating system for realty developers

In the first of its kind initiative in the country, Gharbari.com, an online property portal, will bring in a builder-rating system for the developers, a move expected to increase the efficiency and

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Review: Super Bowl online decent, won't replace TV

The television set won't be the only place to watch video of the New York Giants and the New England Patriots this Sunday. For the first time, U.S. football fans will be able to watch the Super

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