Flipkart, Snapdeal & others stop free-shipping for low value orders

Hit by cut-throat competition and mounting losses, online retailers like Flipkart and Snapdeal in India have taken a big step towards rationalizing their offering — they have stopped offering free shipping for orders worth less than Rs 300. The move follows relentless competition in the fast-growing field, which forced these companies to offer ultra-low prices […]

IOC, BPCL, HPCL directed to supply subsidized diesel to state transport corporations

The Kerala High Court has also directed oil distribution companies like Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation to supply diesel to the Kerala State Transport Corporation at subsidized rates. The Madras High Court had, yesterday, asked the companies to supply subsidized diesel to the local transport corporation. KSRTC is currently getting […]

Townships in Delhi-Mumbai Industrial Corridor (DMIC) to be complete by 2018

The government has given more details of the ambitious Delhi-Mumbai Industrial Corridor or DMIC, and the first phase will be complete by 2018, it said. The DMIC is India’s attempt to catch up with China in industrial development, especially manufacturing. The seven built-from-scratch are being developed with the co-operation and investment of global giants like […]

Mobile operators oppose allowing Mukesh’s Infotel and Tikona to offer voice calls

The association of telecom operators like Reliance Communications, Tata Teleservices etc has opposed the move to allow wireless broadband operators such as Reliance Industries’ Infotel from offering voice services. The Association of Unified Services Providers (AUSPI) said the Telecom Commission has decided to allow the holders of BWA (Broadband Wireless) spectrum to offer voice services. […]

Britain interested in mega IT city being developed near Bangalore – Anand Sharma

British companies may join two new-age cities being planned near Bangalore, trade minister Anand Sharma said. The two cities are among the 12 being planned under India’s National Manufacturing and Investment Zones (NMIZ) policy. The zones will be a complete cities in themselves and will include large residential and entertainment areas, a large number of […]