Flipkart Big Saving Day sale starts on January 20 and it will continue till January 24.

Unlike previous years, where consumers would visit stores to make purchases, there has been a significant shift towards online purchases on account of coronavirus pandemic

With lockdowns heavily restricting physical store sales and consumers flocking to online mode of shopping, 2020 saw a dramatic shift in consumption behaviour and adoption of the digital medium

How Mukesh Ambani, Amazon's Jeff Bezos and Walmart's Doug McMillon are fighting to get a bigger slice of India's $850 billion retail market

In less than four years, PhonePe has emerged as the leader in UPI transactions, neck-and-neck with Google Pay, leaving behind Paytm and others. But where is the revenue model?

Tatas could pay around $500-700 million in cash to buy out stakes from Alibaba group and other private equity funds. Investors have reportedly no objections to Tatas buying out their stakes but want the current founders-led top management on board

Among all leading retailers, Flipkart and Amazon contributed to 90% of sales between mid-October to November

While bulk of the festival sales came from tier 2-3-4 markets, tier one and metro markets also did well; the upward trend is threatened by the fresh rise in COVID-19 cases

Also, pre-bookings for the iPhone 12 and 12 Pro have been overwhelming, the best ever Apple has ever received in India

Deal could be finalised as soon as Tatas' role in BigBasket is decided; Tatas are discussing modalities to buy out stakes from key investors like Alibaba group and other private equity funds by paying around $500-700 million in cash

In the first week of the festive sale which saw an estimated $4.1 billion in sale, Flipkart group clocked nearly 68 per cent market share

While Flipkart and Myntra are already far ahead of the rest in e-commerce fashion, Walmart recently bought 7.8 per cent stake in Aditya Birla Fashion Retail and mkinority stake in Arvind Brands

Future Retail Ltd (FRL) said it is not a party to the agreement under which Amazon has invoked arbitration proceedings and the deal cannot be held back through the arbitration process

Aditya Birla Fashion share rose 15.28% intra day to Rs 176.85 against previous close of Rs 153.40 on BSE

India Stock Market Highlights Today: Tata Steel, followed by Maruti, ICICI Bank, Bharti Airtel, Bajaj Finance, HDFC twins and TCS were among the top gainers on Sensex pack today. On the other hand, Infosys, HCL Tech, HUL and Asian Paints were the laggards

As Flipkart concluded its Big Billion Days sale, it saw number of transacting sellers rise 1.5 times compared to last year; over half of the visits for the sale coming from Tier III cities

Festive season sale: There is an increase in purchase of storage solutions and serveware followed by home linen such as bed sheets, bed covers, bath linen, comforters, cushion covers

The company bet it could do a better job of bridging online and offline data for its advertisers and give itself a shot at developing an ad platform that could take on Amazon.com Inc

Online shopping tips: Customer must create an expenditure plan ready and prioritise what things are urgent. One must not be in a hurry to hoard and must stick to their budget

Tata Group is aiming to up the ante in India's digital space and take on rivals such as Reliance Jio, Amazon and Flipkart by rolling out SuperApp; onboarding of Tata Teleservices for providing technical solutions to SuperApp is also expected to revive the telco arm's business