A case brought by the AIOVA, which represents more than 3,500 online sellers, complained that Flipkart was using its dominant position to favour select sellers - an argument the CCI rejected
Flipkart has introduced a number of programmes in this regard, such as monthly instalments on debit card payment, device exchange systems, phone service options and buyback guarantees
The e-commerce major is offering up to 70% discount on its in-house brands
The loss during FY17 was nearly Rs 16.4 billion, with revenue of Rs 22.5 billion
Flipkart is locked in an intense battle with US-based e-tailing giant Amazon in India
Amway has also accused sellers on Flipkart of tampering with the unique code imprinted on lids and silver foil seals to make it impossible to trace the source
Both say they have record-breaking numbers across categories like smartphones, large appliances and apparel and claimed they were way ahead of the other
Krishnamurthy said Flipkart is not worried about its rival stealing customers
The Indian e-commerce firm says its BigBillionDays is approaching the scale of Amazon and Alibaba's global sale events
The five-day festival sale started today (October 10) and will continue till October 14. Here are some of the deals on televisions to look out for
The proposed hub, with an investment proposal of around Rs 9.91 billion, would come up within two-and-a-half years
Calling India a land of opportunities, Bansal said the country was the last big market and there were no such markets to take the model into
Like in offline retail, e-commerce companies see a significant jump in sales during Dussehra and Diwali
Here are some of the deals to look out for during Flipkart Big Billion Days sale on mobiles that is starting from October 11
The insurance offering will be available from October 10, the start of Flipkart's The Big Billion Days
The technology stack allows Flipkart to have its temporary supply chain assets up and running quickly as it can make adjustments by itself to ensure adequate efficiency is maintained
The Tel Aviv company's technology will help sellers on Flipkart price products more competitively
The e-tailer is also offering buyers finance options like 'Flipkart Cardless Credit', allowing consumers a credit line of up to Rs 60,000 to be paid in instalments
Flipkart's new feature will give customers access to an instant credit line of Rs 60,000 which they will be able to repay either as EMIs or as a single payment by the 15th of the next month
The resolution was passed at the board meeting held on August 30, 2018