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Bigflicks.com to invest $100 mn in three years
Bigflicks.com, an online video-on-demand (VoD) and video rental business unit of the Reliance Anil Dhirubhai Ambani Group, is planning to invest $100 million by 2011 to expand its business both in India and overseas.
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Reliance Retail, Vishal Retail, Subhiksha to launch online shopping portals
Reliance Retail, RPG Cellcom, Tata Woolworths, Vishal Retail, Subhiksha and Spinach are planning to launch their online shopping portals. R Subramanian, MD, Subhiksha, has said, “We are investing Rs 12 crore into this (online retailing) venture and expect 3-4 per cent of total business coming from online.”
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AMD announces availability of its entire range of products on The IT Depot
AMD has announced its tie up with The ITDepot, India's first online computer store, to facilitate online sales of its pioneering range of graphics cards, chipsets and microprocessors.
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Now online social shopping
Indian youth seem to know social networking and are well positioned to reap thebenefits of Social Shopping that harnesses knowledge generated withinsocial networks to help people take better shopping decisions.
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Online shopping - FutureBazaar and Hypercity's big plans
Retailers in India don't want to miss any channel to woo customers. FutureBazaar.com which has got big money from Sherpalo and KPCB VC funds has struck yet another deal with Dubai based Aramex for Logistics handling.
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Dubai's Aramex to help FutureBazaar take on Amazon
The Kishore Biyani-led Future Bazaar’s online portal subsidiary FutureBazaar.com is all set to partner with Aramex, a Dubai-based logistics service company.
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e-payments gain ground; surge 41% in first half
Total payments made via retail electronic payment systems - electronic clearing service (ECS), National Electronic Funds Transfer (NEFT) system, and credit and debit cards - have surged by 41 per cent
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Pantaloon puts new focus on U.S. online market
FutureBazaar.com, the main retail site of India’s largest retailer, Pantaloon Retail, expects to relaunch on a new e-commerce platform this summer in a move to better serve Indian consumers in the U.S.
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