Fri, Jun 23, 2017 | updated 04:12 PM IST

Flipkart is the 'E-commerce Company of the Year'

Updated: Sep 02, 2016 17:10 IST      
Flipkart is the 'E-commerce Company of the Year'

New Delhi [India], Sep 2 (ANI): Flipkart has emerged as the 'E-commerce company of the year' in a nationwide consumer study conducted by BusinessWorld Group in association with Nielsen.

Flipkart was conferred this honour at the inaugural edition of 'The Golden Carts Awards 2016' which is based on a 16 cities consumer survey among 85 e-commerce players across 14 core categories in India.

Flipkart Group, which started the e-commerce wave in the country, was conferred with seven awards across the categories of beauty, children's clothing, equipment and toys, fashion, electronics and FMCG.

While Flipkart won five awards, Myntra and Jabong got one award each, crowning Flipkart Group as the numero-uno e-commerce conglomerate in India.

The brand assessment is based on several research methodologies, including a nationwide survey, nomination, recall among consumers and assessing the web traffic, to understand favorite websites among consumers who shopped in the past six months.

Flipkart, overall scored the highest across parameters and emerged as the preferred brand, ahead of brands like Amazon, Airtel, IRCTC, ICICI, Paytm and MakeMyTrip.

The findings of the survey clearly recognize the many innovations introduced by Flipkart to continuously raise the bar towards redefining the e-commerce shopping experience for every Indian.

Flipkart has introduced various new offerings including Flipkart Assured, No Cost EMIs and product exchanges designed for an Indian shopper to enable her to shop online seamlessly.

The Indian e-commerce market is among the fastest growing in the world. The recent research titled 'Indian e-tailing Leadership Index' by research firm RedSeer, states that the market is expected to witness a compound annual growth rate of 45 to 50 percent over the next few years.

The same study also ranks Flipkart as the most preferred e-commerce platform in India. Furthermore, Flipkart emerged as the topmost ranked Indian brand in the Ipsos study of India's most influential brands in April this year. (ANI)

New Delhi [India], June 23 (ANI): BSE-NSE listed specialty cable company CMI on Friday bagged orders worth more than Rs. 30 crore from East Central Railways and Bharat Heavy Electricals Ltd. (BHEL) to provide railway signalling cables and HT XPLE cables, respectively.

Full Story >>

New Delhi [India], June 23 (ANI-BusinessWire India): This monsoon, offers just keep pouring in from Snapdeal as it announces a double sale bonanza on June 24 and 25, with the biggest yet Unbox Monsoon Sale plus Weekend special edition of the ongoing End-of-season-sale.

Full Story >>

New Delhi [India], June 23 (ANI): E-commerce giant Amazon India has announced its tie-up with NUOAURA (the B2B ecommerce platform that sells office supplies) for a period of three years for an undisclosed amount.

Full Story >>

New Delhi [India], June 23 (ANI): India's premier business software provider Tally Solutions has announced the launch of Tally.ERP 9 Release 6, its GST ready accounting and compliance software.

Full Story >>

New Delhi [India], June 23 (ANI): Online marketplace UrbanClap on Friday announced its partnership with Truecaller, a communication app, to enhance consumer experience by integrating Truecaller Priority in the company's IVR and its enlisted professional's numbers.

Full Story >>

New Delhi [India], June 23 (ANI): Comprehensive travel and leisure activities platform Cleartrip has launched the Arabic version of its desktop websites. The launch will make available Cleartrip's uncluttered and intuitive UI, seamless user experience, and hassle-free booking experience to Arabic audiences, particularly those in markets belonging to the Cooperation Council for the Arab States of the Gulf (formerly Gulf Cooperation Council).

Full Story >>

HDFC Bank to organise GST workshops across India

Updated: Jun 23, 2017 15:07 IST     

New Delhi [India], June 23 (ANI): HDFC Bank Ltd will be organising awareness workshops to educate traders, merchants, and businessmen on the forthcoming Goods and Services Tax (GST) Bill, which is slated to come into effect on July 1, 2017.

Full Story >>

Fintech firm LoanTap raises USD four million

Updated: Jun 23, 2017 14:56 IST     

New Delhi [India], June 23 (ANI): LoanTap Financial Technologies, an online personal loan company with in-house NBFC announced the closing of its second round funding at USD four million. The round comprises of a mix of equity and debt instruments from Kae Capital, India Quotient, IFMR and MAS Financial Services Ltd.

Full Story >>

ItzCash enables Bharat QR on its PoS terminals

Updated: Jun 23, 2017 13:58 IST     

New Delhi [India], June 23 (ANI): ItzCash has announced rolling-out 'Bharat QR code' feature across its retail network. Now scan and pay money with ItzCash's Point-of-Sale devices by simply flashing your cell phone.

Full Story >>

Zydus Wellness announces national launch of Sugar Free Green

Updated: Jun 23, 2017 09:22 IST     

New Delhi [India], June 23 (ANI-BusinessWire India): Sugar Free, the market leader in the sugar substitute category in India with a market share of over 94 percent, announced the national launch of its new variant - Sugar Free Green.

Full Story >>

New Delhi [India], June 23 (ANI): IBM has announced a study conducted by the IBM Institute for Business Value (IBV) in cooperation with the Economist Intelligence Unit, to evaluate India's growing skills challenge and proposed recommendations to bridge the gap.

Full Story >>

New Delhi [India], June 22 (ANI): Pawan Kumar Agarwal, Chief Executive Officer of the Food Safety and Standards Authority of India (FSSAI) said Thursday that the FSSAI is committed to ensuring robust and unambiguous standards for food supplements with the help of industry.

Full Story >>

MSMEs all set to embrace GST challenges

Updated: Jun 22, 2017 18:00 IST     

New Delhi [India], June 22 (ANI): The CII MSME Summit titled, 'Breaking Barriers to Excellence: Unlocking Hidden Potential,' echoed the preparedness of MSMEs to adopt the GST regime.

Full Story >>

Paris [France]/Mumbai [India], June 22 (ANI): Reliance Defence Limited, a fully owned subsidiary of Reliance Infrastructure Limited signed a Memorandum of Understanding (MOU) at the Paris Air Show with Daher Aerospace, France, a leading supplier of integrated systems for Aerospace and Advanced Technologies.

Full Story >>

New Delhi [India], June 22 (ANI-NewsVoir): Parry Nutraceuticals, a division of EID Parry and part of the Murugappa Group has forged a partnership with Synthite Industries to apply proprietary patented technologies for extraction of Phycocyanin, a natural blue pigment found in Spirulina.

Full Story >>

New Delhi [India], June 22 (ANI-NewsVoir): Consumption of cricket-related content exceeded 0.75 billion on UCWeb Platforms - UC News and UC Browser, for the latest edition of IPL 2017 and the recently-concluded ICC Champions Trophy 2017, according to a data report, titled Insights into India's Cricket Frenzy, released by UCWeb.

Full Story >>

Jaago Re 2.0 drives pre-activism in India

Updated: Jun 22, 2017 17:52 IST     

New Delhi, June 22 (ANI): Tata Tea launched its iconic campaign Jaago Re 2.0 - 'Alarm Bajne se Pehle Jaago Re' - earlier this year urging people to pre-act before tragedies hit.

Full Story >>

Tochigi/Tokyo [Japan], June 22 (ANI): Come spring and the worlds' most beautiful wisteria can be found blooming in Japan's Tochigi Prefecture.

Full Story >>

Yeh Hai India slated to release on August 4, new poster out

Updated: Jun 22, 2017 17:14 IST     

New Delhi [India], June 22 (ANI-NewsVoir): The patriotic film, Yeh Hai India on Thursday launched a brand new poster and also announced that the movie will be releasing on August 4, 2017. The release date for the movie was announced by General V. K. Singh at a private function in New Delhi where he also saw the movie.

Full Story >>

GoDaddy launches business email solutions for small firms

Updated: Jun 22, 2017 16:54 IST     

New Delhi [India], June 22 (ANI): GoDaddy, a cloud platform dedicated to small, independent ventures on Thursday announced the launch of its new 'Business Email' service for small businesses in India.

Full Story >>