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Tuesday, August 01, 2017

Aug 1, 2017 - Traders await RBI stance as rate cut seen as done deal

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
The government would like all ecommerce players to be marketplaces, providing market access to small businesses looking to sell online. The letter and spirit of the DIPP rule that allows a maximum of 25% of sales from one vendor is meant to enforce that. However, as the ecosystem matures, the online aggregators in retail, food, hospitality, etc are forced to go 'private label' or create their own supply. Reasons include gaps in the marketplace where there are no good vendors, a push towards controlling the user experience, as well as higher margins from private label, creating potential 'frenemy' situations with vendors. More here

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Traders await RBI stance as rate cut seen as done deal

While low inflation bolsters expectations for the RBI to cut rate, the prospect of more such moves may be limited as global central banks pitch for tighter policy, say traders

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Jharkhand State Beverages Corp Ltd to sell liquor across state

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Bihar liquor ban: SC dismisses plea to extend 31 July deadline to dispose old stock outside state

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Logistics, warehousing space leasing up 50% in H1 2017: CBRE

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Xiaomi Redmi Note 4 to Get a Big Sale on Flipkart on Wednesday

The Big Redmi Note 4 sale on Flipkart for the phone will start from 12pm IST on Wednesday and the company will offer exchange offers, EMI facility and buyback guarantee options.

Flipkart launches private brand 'Billion'

The collapse of the deal has major significance for global firms that have invested in the Indian market, including Amazon.

Snapdeal 2.0 can log Rs 150-cr gross profit in 12 mths: Bahl

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VMware sets up AirWatch data center in India

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