Ecommerce in India; Flipkart loss Rs 2,000 cr, Amazon India loss Rs 1,723.6 cr, Snapdeal loss Rs 1,328.01 cr; discounts fall
Ecommerce in India: Top cos awash in losses; Flipkart loss Rs 2,000 cr, Amazon India loss Rs 1,723.6 cr, Snapdeal loss Rs 1,328.01 cr; big online retailers like Flipkart, Amazon India, Snapdeal, Myntra, Jabong and Shopclues, among others, are waking up to the harsh realities of business. Offering discounts for the past few years might…