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Companies & Markets Sector Reports Retail

The Ministry of Consumer Affairs' rules, which were released in a government statement, come amid complaints by brick-and-mortar retailers that foreign e-commerce players bypass Indian laws by using complex business structures.

Flipkart, Amazon Appeal Against Order To Resume CCI Probe

The Competition Commission of India had directed its probe unit Director General (DG) to investigate the conduct of Flipkart, which was challenged before the single-member bench of the Karnataka High Court.

Flipkart Opens 2.2 Lakh Sq Ft Warehouse In West Bengal, To Create About 3,500 Direct Jobs

The facility will also help thousands of sellers offer a wider selection and enable faster deliveries of customer orders within the region and neighbouring states while also helping create national market access.

Flipkart To Conduct Drone Delivery Pilot For Vaccine, Medical Supplies In Telangana

A combination of these technologies will then be used to conduct 'Beyond Visual Line of Sight' (BVLOS) deliveries in remote areas of the state where the road infrastructure is not conducive for fast delivery of vaccines

Meril Receives Nod From ICMR For Its Indigenous COVID-19 Self-Test Kit

The test kit is equipped with testing materials including a test device, one sterile nasal swab and a pre-filled buffer tube with a cap and is priced at Rs 250 as an affordable single-pack

Flipkart JV To Bring Toys“R”Us To Online Customers In India

The joint venture company has secured licensing rights for Toys“R”Us and Babies“R”Us in India through a strategic arrangement with WHP Global - the controlling shareholder of Toys“R”Us

Flipkart Launches QR-Code-Based Pay-On-Delivery Facility For Customers

The payment constructs and in-house fintech innovations of Flipkart are empowering new-to-internet customers and helping bring the next 200 million users to the platform

SoftBank In Talks To Invest USD 500-600 MN In Flipkart: Sources

E-commerce has seen strong growth in the country amid the pandemic as containment measures introduced millions to the convenience of online shopping, and prompted seasoned online shoppers to buy more.

TCL Introduces Range Of Smart TVs In India With Flipkart

Gadgets & Technology Gadgets & Apps

The company launches a range of 4K TVs in collaboration with Flipkart.

Flipkart Strengthens Supply Chain With 23,000 New Hires

Flipkart had announced the expansion of its fulfilment centre capacity for grocery by more than 8 lakh sq ft over the next three months across Delhi, Kolkata and other cities.

Kirana Partners Logged 30% Rise In Average Monthly Delivery Incomes In 2020: Flipkart

The Kirana stores form part of an extended delivery mechanism for Flipkart to help deliver packages at customers' doorstep, especially in tier-II and III cities, while providing kiranas with an additional source of revenue.

Flipkart Restructured Biz Model To Exercise Control Over Inventory, Retail Prices, Alleges CAIT

Flipkart was violating FDI policy 'by creatively structuring its marketplace business model and creating a facade in order to exercise control over inventory and retail prices, a practice expressly prohibited by the FDI Policy on e-commerce', CAIT said in a letter to Commerce and Industry Minister Piyush Goyal.

Flipkart, PhonePe Continue To Experience Strong Growth In Q1, Says Walmart CEO

Walmart’s net sales in the US, which is its biggest market, was up 5 per cent to USD 93.2 billion in the reported quarter from USD 88.7 billion in the year-ago period.

Cyber Expert Asks Flipkart Users To Reset Passwords To Avoid Fraud