Amazon has high expectations from its Indian operations, Jeffrey P. Bezos, chief executive officer of Amazon.com noted.

The convergence of digital technologies makes it possible for companies to create customer value by providing a unique personalised experience for every consumer and delivering products and services sourced from across the globe.

Snapdeal is now the second-largest e-tailing company after Flipkart. It has about 50,000 merchants selling five million products on its site, adding a product every 20 seconds. In the past year, it has grown 600 per cent.

The surge in online sales shows that people are shopping even from their offices. This change in work culture may have eased the daily lives of employees but the human resources departments of most corporate offices are still pondering if this trend is a drain on productivity and if so how to contain it.

What made news recently: Flipkart buys Myntra, CAD narrows, GDP below 5 per cent for second year in a row and more.

Electronic product retailers such as Croma and Reliance Digital are making sure that they give customers the best possible offers and services so that they are able to better compete with other brick and mortar stores, or the fast-growing ecommerce portals.

According to industry body FICCI, the Indian publishing industry, which is worth Rs 12,000 crore, is currently growing at a compound annual growth rate of 25 per cent.

Chinese computer maker Lenovo, Japan's Toshiba and Sony, and camera makers Nikon and Canon have either blacklisted e-retailers or cut warranties on products being sold on these sites.

\"E-commerce websites like Snapdeal, Flipkart and Amazon.in are not authorised Lenovo resellers. We encourage you to check your warranty entitlements when you buy from these websites,\" Lenovo said in the advisory on its website.

Mukesh Bansal, CEO at fashion retailer Myntra.com, is eyeing the 'single largest fashion retailer' tag by 2015 and talks about what has worked well for his company so far. The firm also plans to differentiate through private labels, getting into the kids wear segment.

Sachin Bansal, CEO of India's largest e-tailer Flipkart, spoke to Business Today about the Flipkart story so far, his experience and what lies ahead as the market grows. Bansal spoke to BT on two occasions. Edited excerpts:

It marked the second straight quarter that Apple Inc.'s earnings have fallen from the previous year after a decade of steadily rising profits.

With e-books changing the dynamics of publishing, Penguin and Random House merge to protect their turf.

Kanwaljit Singh, Senior MD at Helion Advisors, is positive about the Indian e-commerce market. Amazon's pending entry into the market, he reckons, would change the ecosystem.

Most e-retailers in India have been sucked into therace for more customers and top-line growth. Concentrating on profits will meanslowing down on these two fronts.

Started in 2007 by Sachin Bansal and Binny Bansal, the Bangalore-based firm ships close to 30,000 items per day. Or, in other words, 20 products per minute.

The giant in the world of technology has had its ups and downs in recent years and is hardly a 'cool' company anymore. But it is still the stuff legends are made of and remains influential in the world of computing. Business Today visits Microsoft's headquarters to understand its vision of the future of computing.

A hotel card is not for everyone. But it has the potential to be bigger than airline cards for frequent business travellers.

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