Jabong Ropes in Benetton's Sanjeev Mohanty as CEO

Online fashion marketplace Jabong Saturday said it has appointed Sanjeev Mohanty as its CEO and Managing Director. Mohanty, whose appointment is effective early December this year, has over 20 years of experience in the fashion industry, the company said in a statement. Prior to this, he has worked with Benetton India for over 11 years,Read More

Flipkart Opens Its Largest Warehouse in Hyderabad

India’s biggest e-commerce company Flipkart plans to invest $2 billion (roughly Rs. 13,067 crores) in logistics and another $500 million (roughly Rs. 3,266 crores) in a nationwide warehouse network over the next four to five years, co-founder and COO Binny Bansal said on Friday. The company, which opened its largest fulfilment centre here, is lookingRead More

Internet Freedom Has Improved in India

Internet freedom has “improved” in India in the last one year due to the Supreme Court’s landmark ruling on the IT Act, a US-based independent watchdog has said, placing the world’s largest democratic country under “partly free” category. “Internet freedom improved in India for the second consecutive year in 2015, even as more governments worldwideRead More

Germany's Bild Daily Bars Ad-blocker Users From Website

German biggest newspaper Bild shuttered its online service Tuesday to users who have installed so-called ad-blocker software. Readers of the website of Europe’s top-selling newspaper will be asked to switch off the function or purchase a monthly subscription to Bild.de that is nearly free of advertising, its owners media giant Axel Springer said. “Due toRead More

Delhi Records Surge in Festive Online Shopping

With e-commerce companies launching their big sale to woo shoppers, Delhi has recorded an 88.5 per cent rise in online shopping during this festive season against regular online shopping that rose 56 per cent, as per a report. Industry lobby Assocham, which conducted a survey in key cities like Ahmedabad, Mumbai, Delhi-NCR, Chennai, Bangaluru, HyderabadRead More

Alibaba Lobbies to Stay Off US Blacklist List for Fakes

Chinese e-commerce giant Alibaba Group Holding Ltd is lobbying hard to stay off the US Trade Representative’s blacklist after coming under renewed pressure this year over suspected counterfeits sold on its shopping platforms. Re-inclusion on the USTR’s annual list of the world’s most “notorious markets” for sales of pirated and counterfeit goods, while not carryingRead More

Cyber-Security Bill Advances in US Senate

A long-delayed bill that would make it easier for corporations to share information about cyber-attacks with each other or the government without fear of lawsuits advanced in the US Senate on Thursday with support from members of both parties and the White House. Dozens of industry and business groups, including the US Chamber of Commerce,Read More