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Companies & Markets Sector Reports Retail

The government's tough new e-commerce rules announced on June 21 aimed at strengthening protection for consumers, caused concern among the country's online retailers, notably market leaders Amazon and Walmart's Flipkart.

Walmart Helps MSMEs Get Medical Support To Navigate COVID-19

India's MSMEs are working hard to prioritise the well being of those they care about while also navigating the unprecedented business impacts of COVID-19,

India Plans Tighter E-commerce Rules Amid Complaints Over Amazon, Flipkart

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.

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.

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, 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.

Flipkart To Add 8 Lakh Sq Ft Warehousing Space To Strengthen Grocery Infrastructure

Flipkart Grocery offers over 7,000 products across more than 200 categories - ranging from daily household supplies, staples, snacks and beverages, confectionery and personal care.

Flipkart Announces Measures To Support Sellers Amid COVID-19

Flipkart will bear a 100 per cent premium of COVID insurance extended to all sellers, which covers hospitalisation and consultation between Rs 50,000 to Rs 3 lakhs.

Walmart, Flipkart, Associate Entities To Scale Up Support For India's COVID-19 Battle

This includes a Rs 14.82 crore (USD 2 million) donation from the Walmart Foundation to support various NGOs in India.

Flipkart Expands 'Quick' Hyperlocal Service To Six Additional Cities

The e-commerce major had launched Flipkart Quick in Bengaluru last year to widen the accessibility of products and enable quick delivery for consumers who order products from Flipkart hubs in their location.

Strong Growth In New Seller Addition In India Despite Pandemic: Amazon