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Flipkart's 'mystery shopping' uncovers 500 ‘fraud’ sellers

Top e-commerce player Flipkart has blacklisted 250 sellers on its platform after its ongoing 'mystery shopping' initiative found them to be selling substandard products. According to a report in The Economic Times: Under the initiative, launched six months ago, more...

Flipkart arm eKart ties up with Apollo Pharmacy

With an to improve its efficiency and capacity utilisation, eKart, the logistics unit of  Flipkart, is rolling out two new initiatives this month. In the first, it has signed a deal with Apollo Pharmacy for delivery and pickup of products like...

Flipkart CEO's email hacked, $80k sought

The official email account of Flipkart's CEO, Binny Bansal, has been hacked. The e-commerce major has lodged a police complaint against it which highlights that two mails have been sent from his email id to the CFO of the...

Amazon, Flipkart penalize sellers on returns

Amazon, Flipkart and Snapdeal are penalizing sellers if their merchandise is constantly being returned by buyers. The e-commerce majors say that the returns add to operational costs, which they are now transferring back to the seller since these are...

Voylla.com launches its first store in Noida

Voylla.com has announced the opening of its first fashion jewellery and accessories store in the DLF Mall of India in Sector 18, Noida. This flagship store will offer a true omni-channel experience to customers with app and a state...

HC stays e-comm entry tax in Uttarakhand

In what is being seen as relief for e-commerce majors, the High Court of Uttarakhand has granted an interim stay to Flipkart on the levy of an entry tax in the state. Wednesday's interim order — which will be in...

Woodland to launch adventure watch, fitness band

After a successful overseas sojourn across Russia, China, Malaysia, Singapore, Canada and the UAE, Delhi-based Woodland has decided to foray into technology-based products like adventure watches and fitness bands and enter into African markets. The firm is in talks with...

400 e-tailers team up with postal dept for delivery

More than 400 e-commerce companies are leveraging the extensive reach of the Department of Posts (DoP) in an effort to deliver their consignments at every nook and corner of the country. "The Department has tied up with more than 400...

After talks with Amazon fail, Flipkart courts Alibaba

Amazon was in talks to buy Flipkart as recently as last year. According to a report in The Economic Times, Amazon had engaged Flipkart in the last quarter of 2015, but talks broke down on the matter of valuation. Amazon...

Myntra to launch size chart to reduce returns

Flipkart's fashion arm Myntra has what every other online clothing store does – a global size chart. However, the chart has become the cause of a literal logistics nightmare for the company. Customers find global measurements confusing and are returning...
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Arvind Ltd Q4 profit rises 7.32% at Rs 104.42 crore

Consolidated revenue from operations during the quarter under review stood at Rs 2,074.51 croreNew Delhi: Textiles manufacturer Arvind...
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