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Flipkart

Flipkart, Alibaba, Future Group, Abof in race to acquire Jabong

The race to buy online fashion retailer Jabong is heating up with Alibaba, Future Group, Flipkart's unit Myntra, Aditya Birla's e-commerce venture Abof and Snapdeal reportedly negotiating to acquire the online fashion portal. Jabong is in initial talks with the...

Flipkart appears to be India's most preferred e-commerce platform

India's most trusted e-commerce brand Flipkart has emerged as the most preferred platform across the nation. The e-commerce portal stands out on the customers preferences, reported a consumer study conducted by research firm Red Seer Consulting. According to a ANI...

Now, you can shop from Flipkart with SBI EMIs

State Bank of India has tied up with online shopping major Flipkart to offer consumer durables purchase on EMIs to its account holders. According to a PTI report: Personal loan interest (14 per cent) will apply for the purchase. "This is...

Invoking Uber, Flipkart Chairman Sachin Bansal says markdowns don't matter

Battling successive markdowns in valuation by investors and third-parties, Flipkart's Chairman Sachin Bansal has said such cuts are their opinions and cited the case of Uber to illustrate that it will not impact fundraising plans of the e-commerce major. "That...

US mutual fund Vanguard slashes Flipkart value by 25 pc

A Vanguard-managed mutual fund has marked down the value of its shares in Flipkart by 25 per cent, the fund has disclosed last month. This is the sixth markdown for the Indian e-commerce behemoth. A fund managed by Morgan Stanley has...

Why e-grocery firms are walking the path of doom

With funding coming down and valuations being slashed, a number of start-ups in the country are struggling to meet their hiring commitments. All have been aggressively recruiting top talent - including big-ticket Silicon valley veterans - with the millions of dollars...

Flipkart to sell Royal Enfield gear, accessories

Niche bike maker Royal Enfield has joined hands with e-commerce major Flipkart to sell its branded gear and accessories. According to a PTI report: This is for the first time Royal Enfield has partnered with a third-party for sale of...

GST: Flipkart concerned over clause on tax collection at source

E-commerce major Flipkart has expressed concern over a clause relating to tax collection at source in the Goods and Service Tax (GST) Bill. "We believe that TDS process that has been recommended about holding some tax and paying that on...

Madhya Pradesh to impose six pc tax on e-shopping

The Madhya Pradesh government will impose six per cent tax on online shopping in order to increase the state's revenue and entail everything in the tax bracket with no exceptions at all. "Madhya Pradesh Government will soon impose six per cent...

Pepperfry launches offline experiential store in Hyderabad

Online furniture and home decor startup Pepperfry has launched its experience store, Studio Pepperfry, in Hyderabad. The studio showcases a range of furniture designs from Pepperfry’s online portfolio. The concept of the studio is not to serve as a sales...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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