The National Retail Federation (NRF) predicts a 3.5% increase in US’ winter holiday spending for 2024, US$ 989 billion. Gift cards remain the top gift choice, followed by clothing and beauty products. Indian exporters have also seen significant growth, with Amazon Global Selling reporting an 80% increase in sales during...
ONDC is an initiative of Ministry of Commerce & Industry to help small retailers counter the dominance of ecommerce giants and take e-commerce penetration in consumer purchases from 5% to 25% in 2 years. But given the challenges of building and sustaining a network of this scale and complexity, can...
Prof. Moutusy Maity, IIM Lucknow, opines that India’s e-commerce export market has taken a beating due to the pandemic. She also explains what factors prevent Indian MSMEs to leverage the opportunities in cross border e-commerce trade and what can be done to overcome these barriers. source: https://bit.ly/3sCKYCT IBT: What role...
Google has come face to face with its fourth regulatory challenge in India, this time in the smart TV market. Meanwhile, numerous startup developers led by Paytm are planning to join forces to combat its ‘anticompetitive practices’ vis-a-vis its app store. It’s time for Google to play a facilitative role...
Nandu Nandkishore, Professor, Indian School of Business, provides invaluable learnings from business literature and his experiences at Nestle, on how CEOs should manage and thrive in black swan events like COVID-19. He also discusses ways in which the organisation can remain well-tuned to handling such crises, to the extent that...
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