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Towards peace of mind Carrefour’s quick exit Veritas Finance- financing the unfinanced TN budget pragmatic and moderate on fiscal deficit Climate change may change the way businesses work... Smart controls for cooling large multi-zone spaces ... Business Briefs Airlines wage price war BRICS development bank Housing Innovation Challenge, 2015 Pharma market dozes Time to fast-pace the logistics sector AirAsia India infuses funds to fight out competition More gensets and diesel engines from TAFE ECGC expands operations World labour laws at a glance WABCO’s second Chennai plant Illicit markets a concern to growing economy STFC raises money When Centre visits the state Indigo stays leader with 40 per cent share European crisis is a global crisis! Nothing to hide... Hero Motocorp - smooth ride Is Indian telecom industry heading for a monopoly? Hyundai excites again Sun Edison launches solar pumps Chola MS net crosses 100 crores IFCI to raise NCDs upto Rs 2000 crore TiE applauds innovative entrepreneurs TII-challenging year with flat growth Murugappa- a year of consolidation On the ‘milky’ way Focus on self-certification and third party inspection Innovation that helped Chennai port Industry-well poised to invest on expansion Purdue and IIT-M sign the dotted line ALL-two launches in a row Celebrating 180 years of relevance Placing the right shoe forward... Schwing Stetter India joins hands with US-based Gomaco ALL to launch electric busses Durga - India’s largest blast furnace; now operational Inclusive and forward moving... Chola MS launches motor app Ridley marathon to India Chennai to get a roundabout Metro Realising double digit growth in Tamil Nadu Big-ticket investments march towards Punjab Strategy war escalates between Hero and Honda Secured NCDs from Shriram City Digital retail transactions stabilise at higher level… Investor friendly Japan Applauding enterprise... Chennai Port is at last decongested! LVB gears to become a financial supermarket Indian Bank – global businesses crosses Rs 3 lakh crore... - Techies trip to India Make way for the new and dynamic railways OBO Bettermann for better lightning protection Celebration time at MS Chola Rating of states to be released soon CUB: towards card-less withdrawal Flexible labour laws… Changing dynamics in human resource management Need to focus on ease of doing business... Well-refined – RIL’s refinery margins zoom The new look- 4s Verna Downsizing spree... Blue Star plans a new plant in south ISRO's 100th mission Economic issues take a back seat at G20 summit Striking cords for 25 years… Apple maps – finding its way Scoot offers just Rs.13,500 to ANZ... Brand leaders come forward... Economic, business and social sustainability Backpack laboratory An aerospace-defence cluster in Tamil Nadu… Reality bytes Gem of social service... Tata Steel commence operations at Kalinganagar TCS’ revenues cross Rs 100,000 crore TOP 10 CEO Compensation Connecting the unconnected Research needs more funding People Flow Day- Safety TII’s single largest investment at Thiruthani Creating Tamil Nadu Banana brand Nigeria comes nearer A global plastic event in India Holiday Inn opens in OMR Chennai Three more leather clusters… An American alliance in the chemical industry? Steel loses its sheen TVS Logistics – another acquisition to sharpen the business model Automotive Vision Plan II... SumInfra- corridor based development... Four daughters and a proud father Adding Zest to Scooty ALL – truck industry is recovering from degrowth Chennai will soon get its World Trade Centre Realty sector takes a break... Bridging the skill deficit in pharma industry Business Breif Auto test tracks launched at GARC Oragadam campus Dynamic e-commerce scenario Waste, a gold mine Curbing steel imports will hurt small business...
 
Dynamic e-commerce scenario

The $ 3 billion Indian e-commerce industry is buoyant. E-bay which has been in India for nine years, hosts 50,000 sellers on its platform of which 15,000 sell their products across the globe. The main sellers on this platform comprise  artisans and craftsman who export their product using the e-bay service. Latif Nathani, Managing Director, E-bay, pointed this to be in line with India’s Make-in-India policy. He pointed to significant expansion plans to meet the growing demand as well as plans to foray into the mobile web and mobile app.

On the other hand global giant Amazon’s India wing has planned an innovative method to fulfill last mile delivery. Working professionals who cannot collect their deliverables can soon pick them up from the nearby grocery store. This will also help in increasing the footfall to local grocery shops. Amazon also has evinced plans to set up data centers to tap into the multi-billion dollar cloud market in India. These are expected to be set up by end 2015. Also on the table is a deal with IRCTC, government-owned ticketing service, to sell their products.

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