Sachin Bansal
Retail
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...
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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...
Fashion & Lifestyle
Funding India's sunrise sector, fashion retail
Fashion Forward
Fashion in one of the fastest growing sectors in India and it's no surprise then that it has been generating a lot of investor interest over the last few years. 2015 was a great year for Indian fashion businesses as...
Retail
Flipkart's Bansals make it to Time 100 list
Binny Bansal and Sachin Bansal, the founder duo of Flipkart have made it to the annual list of Time magazine, where they have been placed among the 100 most influential people in the world.
"This acknowledgment validates that the path...
Home Decor & Furnishing
Flipkart eyes top furniture retailer position in 2016
The imminent entry of IKEA into the Indian market next year has sent the country’s e-commerce majors into a huddle over the drawing board, deciding what to do next to ensure they retain a chunk of the furniture retail...
Retail
Biyani cries consolidation as Flipkart, Snapdeal fight on Twitter
The founders of Flipkart and Snapdeal - the two largest Indian e-commerce retailers - took their online rivalry onto the social media space. The trigger - Chinese e-commerce major Alibaba's entry into India.
On Friday evening, Flipkart's Sachin Bansal tweeted:...
Retail
Flipkart reshuffles top management, Binny Bansal replaces Sachin Bansal as CEO
In a major top deck management reshuffle, Flipkart, the country's largest ecommerce company, announced that the current CEO and Co-founder, Sachin Bansal will step down from his role, and will be replaced by Binny Bansal, COO and Co-founder of...
Retail
THE TALK SHOP!
With smartphone penetration outpacing PC sales, higher internet penetration, clubbed with rising demand for on-the-go convenience services, made the ubiquitous mobile a prominent retail destination for one and all in 2015.
There are just under a billion cellphone connections in...
Retail
Flipkart is back with 'Big Billion Sale' season two
E-commerce marketplace Flipkart is gearing up for its “Big Billion Sale” season two. The company recently announced that the second edition will be held between the 13th and 17th October, 2015.
This year, the sale will be an app-only shopping...
Retail
Flipkart bets big on Artificial Intelligence
Flipkart is all set to elevate shopping experience to a next level with their new focus area – Artifical Intelligence. Flipkart is reportedly working to gain mastery over artificial intelligence, describing the technology as a key differentiator in 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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