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E-commerce companies twisting new MHA rules: CAIT

Offline traders' body CAIT has argued that e-commerce companies are misinterpreting MHA's new lockdown guidelines and "twisting (them) in their favour to misguide the various state governments and authorities and to create unnecessary confusion." The government has extended lockdown till May 17. It, however, gave some relaxations for business activities and people's movement within areas with limited or no COVID-19 cases.




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E-commerce may take time to steady cart

Until late Sunday, only a handful of states including UP, Maharashtra, Rajasthan, Karnataka, Tamil Nadu, Gujarat, Odisha, Delhi and Uttarakhand issued notifications on the lines of MHA’s Friday order.




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Amazon, Flipkart to increase warehouses

Amazon’s India unit has contracted 2 million sq ft while Walmart-backed Flipkart has contracted 1 million sq ft across Bengaluru, Mumbai Metropolitan Region, Hyderabad, Pune, Ahmedabad, Lucknow and Coimbatore, said multiple persons aware of the development.




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Grofers is in talks to raise $60-70 million

The funding comes at a time when the company’s sales and margins have doubled, compared to the same period last year.




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Alexa, report to the e-commerce regulator

​​​The intention is to bring all B2B, B2C, consumer-facing, consumer-based content platforms, apps-based commerce and IoT device-based services under the policy, potentially engulfing products like the Amazon Echo, which is powered by artificial intelligence-driven virtual assistant Alexa, and MG Hector, the Internet-enabled vehicle from Morris Garages in the regulatory realm of e-commerce.




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E-commerce firms seek clarity on equalisation levy

They also suggested that the levy should not be imposed on services or goods that are executed online but delivered offline – for instance, online hotel bookings, air ticketing and even heavily regulated financial services – besides seeking a clear definition of what comprises online sale of goods, services and the digital or electronic platform.




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Lockdown 3.0: People place orders online for non-essential items; staff crunch may delay deliveries

E-commerce companies have been permitted to sell all items in Orange and Green Zones starting from Monday, the first day of the third phase of the nationwide lockdown that began on March 25.




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Flipkart group CFO Emily McNeal quits

Sources in the company said, McNeal’s role will now be divided between Sriram Venkataraman, who is expected to take over as the CFO of Flipkart as well as the fashion etailer Myntra, and Adarsh Nahata who is currently PhonePe’s CFO.




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Flipkart appoints Sriram Venkataraman as CFO

In his new role, Venkataraman will be responsible for key finance operations and functions at Flipkart and Myntra, including Tax, Risk Management, and Treasury.




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Amazon worker at New York warehouse dies of Covid-19

Amazon has become a lifeline for consumers facing lockdowns and restrictions around the world, and the company is in the process of adding some 175,000 new employees to cope with the surging demand. But the company has also faced protests from warehouse workers and activists who claim Amazon has failed to do enough to keep them safe.




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Lockdown 3.0: Mobile phones, gas stoves, trimmers see spike in searches on Flipkart

The Walmart-owned company said it had seen an increase in searches for consumer electronic products, including personal grooming equipment such as trimmers.




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Covid-19 crisis has highlighted e-commerce importance,cooperation in cross-border goods, services movement: WTO

Highlighting that network capacity and higher bandwidth services have proved to be crucial, not only during the pandemic itself, but also for e-commerce and economic inclusion in general, it said in an information note: “What can WTO members do to improve communications networks and services?”




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Non essential e-commerce in the red even in green & orange zones

As per estimates by Forrester Research, regions in Green and Orange zones accounted for 30-35% sales of ecommerce firms prior to the lockdown.




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Another Amazon worker dies from COVID-19 in US

The death marks the fourth confirmed COVID-19-linked death of an Amazon worker, following deaths in Hawthorne, California; Tracy, California and the death of a Staten Island, New York, worker who was stationed at the JFK8 fulfillment centre.




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An e-commerce future, ready or not

Buying online might become pricier or less convenient, we might need to rethink fast deliveries, and our neighborhoods may look different.




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COVID-19: Amazon to deliver essential items in containment zones in Mumbai

Under the initiative, Amazon will deliver orders to a designated delivery point in the vicinity of the containment zone, from where volunteers will further deliver the packages to customers' doorstep, the company said in a statement.




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Provide level playing field to e-commerce companies in red zone: IAMAI

The Centre, in its revised guidelines on May 1, had allowed “standalone shops” to operate in the red zones, while it restricted operations of e-commerce companies to sale of essential items only.




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Grooming products flying off E-commerce shelves

Demand for razors, epilators, trimmers and hair colour soars on ecomm platforms during the lockdown




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E-commerce players face manpower, zone issues

Even at locations open to deliveries, e-commerce players are facing manpower crunch due to travel restrictions on delivery partners.




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Ecommerce: Covid-19 highlights the urgent need to digitise the supply chain

Companies need to come up with strategies to keep the lights on, both by keeping control on the cash burn as well as generating revenue in these difficult times.




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VLCC to raise funds for expansion: Syed Safawi

The business is split in three verticals, services, products and skilling. The services which include slimming and diet planning is the oldest and most known.




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Jawed Habib's plans to fan out to Indian towns, metro cities

, Jawed Habib and Jawed Habib Express, across India's small and big towns, besides metro cities, Jawed Habib said.




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Gillete Q4 down 35.4% to Rs 47 cr

Gillette India reported a net profit of Rs 72.63 crore in April-June quarter a year ago, Gillette India Ltd (GIL) said in a BSE filing.




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O2 Spa to invest USD 15 mn for biz expansion

O2 Spa is currently operating 60 centres across 17 cities in the country.




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Demonetisation: Old money can still buy you hairdos and spa sessions

Salon chains and wellness providers look to spur sales and attract new clients.




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Gillette Q1 profit zooms 63 pc to Rs 55 crore

Its total income from operation was up 7.59 per cent at Rs 419.29 crore during the quarter under review as against Rs 389.68 crore in the same period last fiscal.




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O2 Spa acquires Zazen as part of its expansion drive

With this acquisition, a total of 18 outlets will become a part of O2 Spa and would be known as Zazen Spa from the house of O2 Spa.




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Health and wellness the new luxury?

Aware of the changes in customer preferences, hotels, resorts and online platforms are working to cater to the demand for healthier diets and rejuvenation treatments.




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L'Oreal India enhances maternity leave to 26 weeks

To help new mothers ease back into work, they can also avail of reduced work hours for two continuous weeks immediately after resuming work.




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Twinkle Khanna to endorse salon hair brand L'Oreal Professionnel for India

The announcement was made at the L'Oreal Professionnel Indian Hairdressing Awards, held in Bambolim on Wednesday.




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Salon chain Be U Salons raises Rs 4 cr in seed funding

The chain which currently has 20 outlets operating across Delhi-NCR aims to open over 100 outlets in financial year 2017 across multiple cities in India.




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VLCC buys Vanity Cube for home delivery

Beauty & wellness co expected to spend Rs 100 crore on acquisition, integration and category development of on-demand beauty services startup.




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VLCC acquires nutraceutical maker Wellscience

LCC is now further extending its presence in the high-growth Fast Moving Healthcare Goods (FMHG) segment, with its foray into the nutraceuticals and cosmeceuticals segment.




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VLCC to enter Saudi market, forges alliance with Cigalah

The plan is to launch six such centres in Saudi Arabia in the next 3 years with an estimated investment of over AED (Arab Emirates Dirham) 30 million (around Rs 52 crore).




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Truefitt & Hill to take India tally to 17 by 2017-end

World’s oldest barber shop Truefitt and Hill is keen to take its India tally to 17 by the end of this year.




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CADD Centre takes over Naturals day-to-day ops

With 600 Naturals outlets, Groom India today owns the country’s largest beauty and wellness chain.




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WestBridge buys 65% stake in salon chain Enrich

Enrich founder & director Vikram Bhatt said for the year ending March 31, 2018, the salon chain clocked Rs161crore in revenues and Rs 16.5 crore of positive ebitda.




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Beauty and Wellness Sector Skill Council inks pact with CIDESCO

Zurich-based Committee International d'Esthtique et de Cosmtologie (CIDESCO) is considered world standard for Beauty and Spa Therapy.




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India's latest acceptance of curls lead to the emergence of a Rs 200 crore industry

Even though 60% of the world’s population has either curly or wavy hair, Indians have always considered straight hair the ideal type.




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Nivea maker warns of margin threat as niche brands disrupt industry

"The consumer goods industry... is in turmoil," new Beiersdorf CEO Stefan De Loecker, who took over on Jan. 1, told a presentation to analysts. "I need to act now."




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Men's skincare category is growing at a faster pace: Naveen Anand, Oriflame

These products are manufactured in Europe. So this is an imported range which we are bringing in India. But once we build up the volume, then we may further decide on manufacturing it locally.




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Nykaa joins party in men’s grooming

Nykaa currently offers a limited selection of products under men’s grooming on its main portal with the category being one of the fastest growing ones for the firm.




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L’Oréal India appoints Amit Jain as new MD

Jain, who will join from August this year, will be L’Oréal India’s first Indian managing director after the French cosmetics giant entered in 1991.




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How Nykaa has changed the way beauty products are added to the cart in India

It was a trend investment banker Falguni Nayar was betting on when set up Nykaa to sell everything in the cosmetic and wellness category. Today she has around 750 professionals across different divisions.




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Nykaa raises Rs 75 crore as valuation touches Rs 3,000 crore

This is the fourth round of fund-raising by Nykaa, which last raised about Rs 100 crore in 2016 from Max India, the Sunil Munjal family office and Harsh Mariwala.




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VLCC to open 50 institutes in India; plans to go international

With the opening of more institutes, VLCC is eyeing a 35 per cent year on year revenue growth. In FY 2018, it had a turnover of Rs 55 crore for the skilled business.




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VLCC ropes in Jayant Khosla, formerly with Landmark, as chief business officer ahead of IPO

Khosla’s mandate will be overseeing the firm’s wellness centres, personal care products and its institute of beauty and nutrition, across Middle East, Africa and CIS countries.




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Believe in the business to stay ahead of the curve: Falguni Nayar, Nykaa

"The journey actually began in June when we did well due to marketing, though we were actually not ready operationally."




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Personal care startup MCaffeine raises $500,000 in pre-Series A round

The latest round of funding was led by the startup’s existing backer Harminder Sahni, founder of consultancy firm Wazir Advisors, Lets Ventures’ Mohit Bajaj and Calcutta Angels.




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Fogg-maker launches Pretty 24 that debunks fairness proposition

There is no market for me today because every brand in the category has convinced the consumer that they need to look fair to be successful in life.