The Enforcement Directorate (ED) is learnt to have offered the option of closing a FEMA violation case against e-commerce major Flipkart if the Walmart group firm admits its mistake and pays a penalty, sources aware of the development said. The option was given by the Enforcement Directorate to Flipkart last week under the compounding rules of FEMA (Foreign Exchange Management Act). "ED has given the option of compounding to Flipkart. ED has asked Flipkart to admit its mistake, pay a penalty and dismantle the seller network associated with it," a source told PTI. An email query sent to Flipkart elicited no reply. The ED had also summoned Amazon India to check the status of the company. When contacted, an Amazon India spokesperson said, "We do not comment on ongoing investigations.. A query sent to ED in this matter also received no response. An official of one of the e-commerce firms, on condition of anonymity, said that the compounding option given by ED is to strengthen India'
Flipkart's Big Bang Diwali sale is now live for Black and Plus members. The sale offers will be available for everyone from October 11. Here are the deals on iPhone, Pixel, Nothing Phone, and more
Amazon and Flipkart channelled over Rs 300 crore in GST savings to festive shoppers as sellers adopted new tax rates, boosting demand for appliances and electronics
The much-awaited festive sale is here, we're all excited about it. But consider this a reminder that not all discounts displayed on the screen are authentic; some may be fake.
Consumer behaviour this season reflects a bullish sentiment, fuelled by GST-enabled price reductions that have lowered costs in high-ticket categories such as electronics and pushed festive demand up 23-25 per cent across metropolitan and emerging markets. The GST reforms, effective from September 22 -- the first day of Navratri --reduced tax rates in several high-demand categories, including large-screen TVs, mid-range fashion and furniture, providing direct price benefits to consumers. These changes have not only lowered retail prices but also encouraged shoppers to look beyond tactical discount-hunting towards more aspirational purchases, lifting participation from tier 2 and tier 3 cities and stimulating growth in discretionary spending. According to market research firm Redseer, the reduction of GST on large TVs from 28 to 18 per cent led to a 6-8 per cent fall in retail prices, boosting demand for premium models. Fashion items priced below Rs 2,500 now attract just 5 per cent
Flipkart's Big Billion Days sale recorded 21 per cent growth in visits, 26 per cent surge in premium demand and strong Cleartrip bookings as festive shopping gained pace
Flipkart, Amazon and Bigbasket reported record festive sales of iPhones and premium devices, with fast deliveries and GST reforms boosting growth in metros and Tier-II cities
Super.money is a fintech unit of Flipkart which was launched in 2024. In less than a year, it has now become the fifth-largest UPI app in India, handling 275 mn transactions
Flipkart Big Billion Days sale brings iPhone 16 Pro Max at Rs 89,999, Pixel 9 at Rs 34,999, Galaxy S24 under Rs 40,000, Nothing Phone 3 at Rs 34,999, and more
Amazon’s Great Indian Festival and Flipkart’s Big Billion Days are back on September 23, 2025.
Amazon's Great Indian Festival 2025 starts today for Prime members and tomorrow for others, while Flipkart's sale goes live tomorrow, offering deals on electronics, laptops, TVs, and more
E-commerce giants mobilise round-the-clock operations with food, entertainment as India's shopping season is projected to grow 27 per cent
Mid-sized motorcycle maker Royal Enfield on Friday said it has tied up with e-commerce marketplace Flipkart to sell its entire 350cc portfolio. The company's 350cc range - the Bullet 350, Classic 350, Hunter 350, Goan Classic 350 and the new Meteor 350 will be available on Flipkart, starting September 22, 2025, in five cities - Bengaluru, Gurugram, Kolkata, Lucknow and Mumbai, the company said in a statement. The customer journey for delivery and after-sales support will be fulfilled by their preferred Royal Enfield authorised dealer in these cities, it added. Customers opting to purchase their favourite Royal Enfield 350cc motorcycle on Flipkart will also get full GST benefits, applicable from September 22, 2025, the company said. "Partnering with Flipkart allows us to meet today's digital-first customers where they are requiring a simple, convenient way to explore and purchase their motorcycles online," Royal Enfield CEO B Govindarajan said. Currently available in five cities, a
Flipkart Minutes expands to 19 cities for TBBD 2025 with 10-minute deliveries while Tata-backed Bigbasket marks iPhone 17 launch with record-breaking instant delivery
Flipkart Group on Thursday said it has completed an independent self-audit on its digital platforms, aimed at ensuring "the highest standards of compliance, accountability" and aligning with Central Consumer Protection Authority guidelines and advisory on prevention and regulation of dark patterns. The comprehensive self-audit completion declaration has been submitted to the Consumer Affairs Secretary Nidhi Khare, the company said in a statement. The group, which includes Flipkart, Myntra, Flipkart Wholesale, and Cleartrip, affirmed its commitment to ensuring that its customers are treated with fairness and transparency. "Flipkart Group...today announced the completion of a comprehensive, independent self-audit on its digital platforms. The audit has been done to ensure the highest standards of compliance, accountability, and consumer protection with the Central Consumer Protection Authority (CCPA) Guidelines and Advisory for Prevention and Regulation of Dark Patterns, 2023 and 2025
These refer to tactics used by online platforms to manipulate or heavily influence customers to make certain choices
Flipkart Marketplace has recorded 25-30% growth in sellers over six months, aided by AI tools, simplified GST compliance and expanded fulfilment ahead of the festive season
Flipkart Internet, the marketplace arm of Flipkart, posted ₹20,493 crore in revenue and cut losses to ₹1,494 crore in FY25, as the Walmart-owned firm readies for a public listing
Companies update platforms, train sellers on new tax codes
Flipkart-owned Cleartrip is growing three to four times faster than the travel industry in 2025 and plans to add new business lines, including hotels, trains and buses, to expand its reach