RBI sets norms for customer liability in case of online frauds
Source: Medianama
The Reserve Bank of India (RBI) has proposed that customer will have no liability in case of fraud being committed because of bank’s negligence or third party breach.
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ASCI calls out Amazon, Flipkart, OLA, Quikr & others for false advertising
Source: Medianama
The Advertising Standards Council of India’s (ASCI) Consumer Complaints Council (CCC) has upheld complaints against 109 advertisements in May 2016.
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Rural India to Have 315M Internet Users in 2020 – How to Leverage the Next Wave
Source: iamwireAs per a report by Boston Consultancy Group (BCG), the number of connected rural Indian consumers is expected to increase from about 120 million in 2015 to almost 315 million in 2020.
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How the Indian Payment Ecosystem is Ripe for Disruption
Source: iamwireThe payments ecosystem in India is witnessing a gradual but steady shift, supported by the existing market participants and new-age flexible payment solution providers.
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What happened with Yahoo Is Happening to A Lot of Indian Startups
Source: NextBigWhatMissing leadership, disengaged employees, irrelevant products are resulting in a slow death for a lot of Indian startups.
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Myntra: 15% Revenue Now Coming From Desktop Site
Source: NextBigWhatJust three months after the relaunch of its desktop website, Myntra's website is contributing 15% of the revenue.
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E-commerce companies take the subscription model to build business
Source: TechcircleInternet startups are toying with various ideas to build a committed base of customers and many of them are choosing subscriptions as a model to achieve this goal.
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Is predictive analytics in unified commerce the future of retail?
Source: YourstoryThe arrival of “Unified Commerce”, armed with “Predictive Analytics” is acting as a catalyst for the further growth of retail in multiple channels and formats.
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How to use Facebook for your business
Source: YourstoryStartups can leverage Facebook’s popular platform with more than 1.65 billion monthly active users to develop and promote their brand identity.
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B2B vertical e-commerce – the strategy for smart survival
Source: YourstoryBy fine tuning customer experience and becoming an expert in a specific domain, vertical e-commerce can help B2Bs in survival and long term growth.
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