Flipkart co-founder, Binny Bansal, bets big on gold loan startup Rupeek
Rupeek, which dispatches appraisers to prospective borrowers’ doorsteps to assess and pick up jewelry, is finding favor with Indians ashamed of being seen pawning family heirlooms.
After Amazon, Flipkart challenges India antitrust probe
Amazon and Flipkart have faced criticism from Indian retailers which accuse them of v...
Ecommerce companies seek more time for 1% TDS levy
The ecommerce entities, including Amazon.com and Walmart-owned homegrown etailer Flipkart,...
Flipkart leads Walmart’s international ecommerce numbers
Walmart said Flipkart now had over one billion visitors a month, with monthly active customers growing by 45% in the last one year and transactions per customer increasing by 30% in the same period. Apart from Flipkart leading international ecommerce sales for Walmart, the company said that the unit had reported record sales during its BigBillionDays sale event last year.
Flipkart’s wholesale unit may go live next quarter
Flipkart has over the last few months ramped up its supply chain capabilities and engagements with manufacturers in the run-up to the launch.
CCI has no proof against Amazon and Flipkart: Karnataka HC
The Karnataka High Court said that they have no evidence of Amazon, Flipkart getting into exclusive deals with smartphone firms. The probe into both companies following a plea by a Delhi-based traders’ body, had alleged that the ecommerce firms were working with preferred sellers, violating competition laws.
I-T department moves HC against Flipkart's ITAT ruling
The contention of the I-T department has been that Flipkart earned an enduring benefit via aggressive cash discounts, which in turn resulted in losses.
Indian Railways' dedicated Freight Corridor to give Amazon, Flipkart cheaper way to transport
The Dedicated Freight Corridor Corporation of India Limited (DFCCIL) is developing the eastern and western freight corridors with a cumulative length of over 3,000 km. “E-commerce players are extremely interested in carrying their consignment through rail because it’s cheaper,” Anurag Sachan, MD, DFCCIL, said.
Flipkart to offer customers ''touch and feel'' experience
Walmart-owned Flipkart has already established a delivery model using local kirana stores and onboarded some27,000 stores across 700 cities.
Amazon, Flipkart seek rollback of new tax on online sellers
E-comm giants may face a possible 1% tax on each sale made by sellers on their platforms from April.
K’taka HC stays CCI probe order against Amazon, Flipkart
The respondents in the case, which are the Confederation of All India Traders (CAIT) and Delhi Vyapar Mahasangh, have decided to file an appeal against the order of the High Court with the consultation of their lawyers.
CAIT to appeal against order staying probe on Amazon, Flipkart
In a statement the traders' body said that the court has stayed the order for investigation passed by the CCI on the ground that the ED has already initiated investigation into Flipkart and Amazon's activities that are alleged to be in contravention of the FDI policy and so, CAIT would now urge the government and the ED to fastrack the probe.
CAIT seeks audience with Trump to raise concern over biz practices of Amazon, Flipkart
The Confederation of All India Traders (CAIT) has been alleging violation of FDI policy rules by American e-commerce majors to the detriment of domestic retailers.
Flipkart and Assam to sign MoU for providing platform to local artisans
Akash Misra, Director – Government Relations (East) of Flipkart engaged in a discussion with Dr KK Dwivedi, Commissioner and Secretary, Industries and Commerce Department in Guwahati on Tuesday.
Is your phone legally shipped but illegally sold?
According to a survey, 14% received a handset with foreign-language manual.
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