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Flipkart

Turbulent times ahead for e-commerce: Who's to blame?

E-commerce in India has had a dream run in 2014 and 2015. Billion dollar valuations were making headlines everyday, multi-million dollar funding rounds were being raised m-o-m, big day sales were posing threats to traditional retailers. With India’s large young...

Amazon increases India investments to $5 billion

Amazon Inc, the world’s largest online retailer, is planning to invest another $3 billion in India in the coming two years. This after the company exhausted its earlier investment pledge of $2 billion. Analysts and investors in India believed Amazon would take...

Top notch startups that deferred joining dates of campus recruits

Hiring, Firing and Now Deferring At a time when various e-commerce startups, and the sector as a whole, has been going through a turbulent spell, deferring joining dates of top B-School graduates has sent shockwaves across the industry, forcing institutes to...

In Pics: Why Silicon Valley imports are quitting Indian unicorns

Silicon Valley, which became the preferred recruiting grounds for online entrepreneurs last year, appears to be struggling in terms of retaining the Bay Area employees. Over the past one year, Indian e-commerce firms have hired several senior technology executives from...

Flipkart introduces a 'No Cost EMI' option

Flipkart, the e-commerce major, has introduced No Cost EMI option to make online shopping affordable for high-end purchases through an attractive financing option of Equated Monthly Installments (EMI) where customers will not bear additional cost. According to an IANS report:...

PAYBACK's Gaurav Khurana on why loyalty programs work in India

Gifts! Who does not like receiving gifts? In retail, the moment you reward your customer with a freebie or a gift, chances are you shall be tying him down to your brand for a good amount of time, or,...

Flipkart effect: Startups may lose sheen in job market

Darling of jobseekers till recently, the startup space may lose some sheen in the job market as management and tech graduates might prefer joining safer companies after the Flipkart fiasco, say experts. According to a PTI report: The e-commerce major...

Reinventing the Shopping Experience: Marketing innovations in retail

Retail has gone through several evolutionary phases and has always come out stronger. It will as long as the sector continues to move forward along the path of innovation, sustainability and growth. From the familiar bricks-and-mortar retail to the...

Morgan Stanley Fund cuts Flipkart valuation again by 15.5 pc

Morgan Stanley Mutual Fund Trust, a mutual fund investor in Flipkart Ltd, has lowered its estimate of the online retailer’s valuation to $9.39 billion. This is the second consecutive markdown by Morgan Stanley, after it had marked it down...

Flipkart’s logistics arm Ekart to launch courier service

Ekart, Flipkart's logistics unit, is set to launch a courier service that will take on the likes of DTDC Express and First Flight Courier, as it builds a consumer-facing vertical to complement its core supply-chain management business. This is the...
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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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