Flipkart

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...

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...

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...

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...

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...

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...

Technology and Retail With Omnichannel strategy gaining ground in India, the retail sector, including Food & Grocery, is looking up to myriad innovations that will help to tap today’s tech-savvy customers. The sector is responding to shifts in the consumer buying behaviour. However, consumer...

Almost 10 months after it launched an in-app chat service Ping, a social commerce feature, e-commerce company Flipkart Ltd has decided to replace it with 'user to seller' chat.  Flipkart has also shut down another link that allowed customers...

In an attempt to strengthen its leadership team and ward off attack from rival Amazon, Flipkart has bough back its old employee, Kalyan Krishnamurthy, to head category management at Flipkart. Kalyan Krishnamurthy - a managing director at Tiger Global, which...