Page 18 - Flipkart

End of season sales party arrives early for Indians this year, here's why

Usually, the EOSS starts at the end of June, and companies aim to clear their stock before fresh stock hits the shelves, but this year, the companies have started discounting early

Flipkart's double-digit growth helps Walmart sales jump 13% at $26.8 bn

Walmart-owned fintech firm PhonePe saw its annualised total payments volume cross $1 trillion in Q1

Walmart-owned Flipkart sees two top-level exits, both after eight years

Early this year, Flipkart told staff it won't be handing out increments to senior leadership in a 'difficult decision' that was expected to impact 4,500 personnel

Black+Decker announces licencing agreement with Indkal Technologies

Indkal's new collection of Black+Decker products will be available on amazon.in and flipkart.com, and in-store channels on June 3

With growing user base, ONDC can start a price-war in ecomm market: Report

However, the new e-commerce platform has a long way to go before it can match the technological and service capabilities of companies like Amazon, Flipkart, Swiggy, Zomato, and others

Zomato begins its own UPI offering, Flipkart expected to follow soon

The report citing sources added that e-commerce platform Flipkart is also hopping on the bandwagon and has started its work for UPI offerings

Top e-commerce platforms to stop selling seat belt alarm stopper clips

Amazon, Flipkart, Meesho, Snapdeal, and Shopclues had this item listed for sale

E-commerce platforms growing slower than expected as sale drops: Report

According to several industry insiders, the pandemic-related tailwinds that drove significant growth in online shopping are now waning

Flipkart launches new 400,000 sq ft fulfilment centre in Telangana

Fulfilment centres allow e-commerce companies to outsource warehousing and shipping

E-commerce giant Flipkart opens 4 lakh sqft fulfillment centre in Telangana

E-commerce giant Flipkart on Tuesday launched a new fulfillment centre (FC) at Sangareddy in Telangana about 60 km from here. The new fulfillment centre was inaugurated virtually by KT Rama Rao, Minister for IT and Industries in the presence of Jayesh Ranjan, Principal Secretary (IT) and Kalyan Krishnamurthy, CEO, Flipkart Group. Spread over four lakh sq ft, the FC will further Flipkart's commitment to India's digital commerce evolution by empowering local sellers, employable youth, and customers while making e-commerce more inclusive and accessible. Krishnamurthy said the Sangareddy facility is the largest one in Telangana and it would create new livelihood opportunities and for thousands of people and help small businesses. He further said Flipkart currently has six fulfillment and sorting centres and close to 100 distribution hubs in Telangana with over 14,000 sellers collectively contributing to 40,000 direct and indirect job opportunities. Minister Rama Rao suggested the Fl

Jerseys, sippers, coffee mugs: Fans bat for IPL-themed merchandise

RCB, CSK, MI merchandise in top demand, selling at higher rates

Walmarts to Flipkarts, all have role in making ONDC a success: Piyush Goyal

According to the minister, small artisans and workers can offer better quality products through ONDC and also earn better, without having to pay commission

Tech infra is costly, frugality is a big part of strategy: Flipkart's Datar

Extracting efficiency and managing costs, while passing on the savings to customers, is what e-commerce at scale is about, says Mayur Datar, chief data scientist, Flipkart

Flipkart's 200 delivery hubs, investments in TN boost job opportunities

E-commerce company Flipkart has set up eight supply chain facilities and 200 delivery hubs in Tamil Nadu under its initiative towards creating inclusive job opportunities besides boosting economic growth, the company said on Tuesday. The company has onboarded 15,000 kirana partners under its Kirana Delivery programme, which enables faster customer shipments and also creates an alternative source of income for the partner kirana stores in the state. Kirana stores refers to small grocery stores that are usually family-owned. "Flipkart has eight supply chain facilities including fulfilment and sortation centres across Tamil Nadu, including Chennai, Coimbatore and Hosur, which help in connecting sellers to the pan-India consumer base while delivering growth opportunities for the state," the company said in a statement. Flipkart has also supported capacity building, knowledge sharing and training of small and marginal farmers under its Flipkart 'Samarth Krishi programme'. "Over the past

Competition Commission conducting inquiries against big tech firms: Govt

Competition Commission is conducting inquiries against Amazon, Flipkart, Zomato, Swiggy, BookMyShow, Apple, WhatsApp, Facebook (Meta) and Google for alleged anti-competitive practices, the government said on Tuesday. To a query in the Rajya Sabha on whether the government is aware of the fact that anti-competitive practices are indulged by big tech companies like Amazon, Flipkart, Google, Meta, Twitter, Apple, Facebook, Twitter and Google etc in the country, Union Minister Nirmala Sitharaman replied in the affirmative. In a written reply, the Finance and Corporate Affairs Minister said the Competition Commission of India (CCI) after conducting inquiries in three different cases, passed orders in the matter related to Google on January 31, 2018, October 20, 2022, and October 25, 2022. In the matter related to MakeMyTrip-Go and OYO, the order was passed on October 19, 2022. "Appeals have been filed against these orders passed by CCI. Inquiries against Amazon, Flipkart, Zomato, Swiggy

No mass layoffs are happening at company: Chief People Officer, Flipkart

Flipkart's decision to not offer hikes to senior management officials would not lead to any job cuts, said Krishna Raghavan, Chief People Officer, Flipkart

Social commerce the way to tap growing online buyers from smaller towns

Indian e-commerce was worth $83 bn in 2022, will likely grow to $185 bn in 2026, propelled by deeper internet penetration and digital payments

Consumer gets soap instead of iPhone; Flipkart, retailer to compensate

A Consumer Commission has ordered e-commerce major Flipkart and a retailer to pay Rs 25,000 for deficiency in service and unfair trade practice and causing mental agony and physical harassment to a consumer who was delivered a bar of detergent soap and small keypad phone instead of the iPhone he had ordered. This payment will be apart from the refund of Rs 48,999 that the consumer Harsha S, a student from the district headquarters town of Koppal in Karnataka, had paid for the iPhone. Harsha approached the District Consumer Disputes Redressal Commission, Koppal, against Flipkart Internet Private Limited and Sane Retails complaining that he was sent a small keypad phone and a 'Nirma' soap instead of an Apple iPhone he had ordered online. He alleged in his complaint, which dates back to 2021, that he had paid Rs 48,999 and demanded refund and also compensation for deficiency of service and mental agony he underwent. The complainant said he was shocked after opening the parcel that he

Flipkart launches exchange programme for used ACs with doorstep pickup

Customers can make the exchange irrespective of where the AC was purchased, says company

Flipkart undertakes management rejig amid resignations, high costs: Report

Ravish Sinha, senior VP at Flipkart, has resigned. He was the VP of engineering before taking up the role of SVP of supply chain