Page 23 - Flipkart

CCI okays Flipkart's Rs 1,500 cr stake in Aditya Birla Fashion and Retail

Amazon and Flipkart can't directly acquire assets under FDI rules, so they are doing smaller strategic stake deals with offline retailers, hoping to acquire offline assets when rules change

Charges of having preferred sellers baseless: Amazon Lawyer to Karnataka HC

The High Court is hearing the petition filed by CCI for the probe against e-commerce firms Amazon and Flipkart. The matter will be heard next on January 21, 2021

Competition Commission of India approves Flipkart-Aditya Birla Fashion deal

Competition Commission of India on Wednesday said it has approved the acquisition of 7.8 per cent minority stake in Aditya Birla Fashion by Flipkart Investments Private Ltd (FIPL)

Robotic packers, AI that reads buyer emotions: Flipkart nurtures startups

The pandemic has not only accelerated a shift to e-commerce but has also spawned startups that are building solutions relevant for the new normal, attracting the attention of big online retailers

Karnataka HC starts hearing CCI petition against Amazon, Flipkart

The Supreme Court had asked the Karnataka High Court to decide the CCI plea for vacating the stay on the probe against Amazon and Flipkart for the alleged anti-competitive practices

Flipkart to Oyo, top 4 unicorns account for half of combined valuation

Indian unicorns notch up valuation of $128.9 bn in 2020; several looking at IPOs

India Inc gets back to office cautiously, even as many MNCs remain shut

Many are testing hybrid models to ensure safety and hygiene; seat-booking module introduced in some companies

Over Rs 950-crore tax evasion by Flipkart unit, Swiggy: I-T department

Tax concealment in case of Walmart-owned Flipkart's unit is about Rs 650 crore while the remaining estimation is related to Swiggy, said a tax official privy to the preliminary findings

Flipkart picks 8 finalists for startup accelerator program; $25,000 grant

The startups will now undergo a 16-week mentorship program and receive an equity-free grant of $25,000

Flipkart, NITI Aayog collaborate to enhance Women Entrepreneurship Platform

Walmart-owned Flipkart on Monday said it has partnered with Niti Aayog to launch the revamped Women Entrepreneurship Platform.

Flipkart ropes in JP Morgan's Saroj Panigrahi as Senior VP ahead of IPO

Bijoya Roy will transition into the role of vice president, head of legal for Flipkart Operations and report to Panigrahi

Income tax department conducts surveys at Flipkart and Swiggy offices

The surveys are related to an alleged bogus input tax credit connected to the external vendors of these firms

Income tax dept surveys offices of Flipkart arm Instakart, Swiggy

According to sources, the survey was conducted on the input provided by the Directorate General of GST Intelligence (DGGI)

Flipkart introduces Marathi on its app, days after Amazon faced ire

Marathi is significant for it is the third most widely spoken language in India.

Cardholders' data leaked on Dark Web: What it means and how it affects you

Data of nearly 100 million credit and debit card holders in the country is being sold for an undisclosed amount on the Dark Web. Tune in for more

PhonePe reports 7% decline in net losses for FY20, revenue rises 74%

PhonePe is currently valued at $5.5 billion from existing Flipkart investors led by Walmart with the e-commerce player holding majority shares in the company

Amazon, Flipkart are violating investment rules: Govt to ED, RBI

This is a significant development related to a war between e-commerce giants and traders of India

Flipkart Wholesale app logs 75% month-on-month growth in customer base

Flipkart Wholesale app, which currently offers fashion products to retailers in 23 cities, witnessed 75 per cent month-on-month growth in customer base since its launch in September

Pandemic pain over, sales show e-commerce to accelerate in India in 2021

E-commerce firms like Amazon, Flipkart, Myntra and others witnessed successful festive season sales this year

Flipkart CEO to join board; 3 new directors brought in ahead of IPO plan

Steuart Walton, the scion of the billionaire Walmart dynasty, quits Flipkart board. Keki Mistry, vice chairman and CEO of HDFC, among new directors