Sep 23, 2015 - Flipkart announces appointments of three senior technology executives from rival Amazon, Google and Microsoft

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Flipkart announces appointments of three senior technology executives from rival Amazon, Google and Microsoft Flipkart is one of Amazon's key competitors in the India market. Flipkart, India's largest e-commerce site founded by two former Amazonians, has hired thre Nestle gives India head Suresh Narayanan full mandate to rebuild company Suresh Narayanan, who took over as Nestle India managing director on August 1, is since then tackling several challenging tasks at once. Gap Inc. will start its own online sales channel in India by mid-2016 in India; aims to have full control over the sale of its products Unlike Arvind’s other brands that retail through Amazon and Jabong, the firm will start its own e-commerce channel, says Arvind’s MD J. Suresh Electronics & mobiles may not be cheaper this diwali as ecommerce cos like Amazon, Flipkart to protect profit margins Sales wont be affected by the curbing of discounts as the number of vendors and product categories has risen as more Indians take to online shopping. Emami's UK subsidiary dissolved due to 'insignificant business operations' FMCG firm Emami today said its wholly-owned subsidiary Emami UK Ltd has been dissolved. Running an apparel business online just as expensive as running a brick-and-mortar store In fact, with ecommerce in the country pushing fashion brands to give more than 15-20% discounts, it could also eat into their profit. Noodle makers claw back with new launches The move comes even as Nestle India gears up to present findings of its Maggi re-test to the Bombay High Court Startups like Zoomcar, MobiKwik opt to borrow money to meet working capital needs as investors become cautious While entrepreneurs see venture debt as an additional source of capital, the shift points to a growing wariness among investors about startup valuations. It’s not enough to talk about strategy, the key is execution: Al Rajwani, CEO of P&G in India His India strategies are going to be in the areas of driving physical distribution harder as well as having the right value. Citrus Pay tying up with Woohoo to enable its customers to use their wallet offline at retail outlets and restaurants Citrus Pay is tying up with Woohoo to enable its customers to use their wallet offline at retail outlets and restaurants across the country... Reckitt Benckiser chief targets India condom price curb Reckitt Benckiser, the maker of Durex condoms, is calling on India to axe price controls on its products, the Financial Times reports. Why ecommerce titans like Kunal Bahl, Sachin Bansal are becoming super angels for entrepreneurs Reputed startup founders like Kunal Bahl and Sachin Bansal are now the first port of call for entrepreneurs seeking money for their emerging businesses... Paytm investing $10 million in data analytics firm LogiNext to bring greater efficiencies to its delivery vertical Confirming the investment to TOI, Kiran Vasireddy , senior VP (business), Paytm said the reason behind backing LogiNext was to add muscle to the firm's logist.. Investors show a growing appetite for food In a hat-tip to the enduring appeal of the food service sector, Azure Hospitality, which runs the Mamagoto chain of restaurants, recently raised $10 million from Goldman Sachs. Clearly, despite the challenges of the industry, investors are putting money where their mouth is British fashion brands Topshop and Topman set to enter the country through e-commerce company Jabong.com British fashion brands Topshop and Topman are set to enter the country through e-commerce company Jabong.com. Dilip Shanghvi, second-wealthiest Indian, is among the lowest-paid bosses Shanghvis salary for 2013-14 was Rs 2.73 crore, according to data sifted by ET from filings of leading listed drug companies. Marico appoints Pankaj Saluja as new Chief of Strategy, M&A and New Business FMCG firm Marico today appointed Pankaj Saluja Chief-Strategy, M&A and New Business, with effect from October 5. 'Govt should rationalise import duty to protect tea industry' Piyush Desai, Chairman and Managing Director, Wagh Bakri Tea Group, on the challenges facing the domestic tea industry TradeBriefs Publications are read by over 10,00,000 Industry Executives India Business Brief | India Retail News | India Food Brief | India Telecom Brief | India Finance Brief | India Software Brief | India Digital Brief | India Ecommerce Brief | India Franchise Brief | India HR Brief | India Logistics Brief | India Construction Brief About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India