Page 20 - Flipkart

Flipkart in talks to acquire Bengaluru-based e-pharma player Pharmallama

The deal may result in Flipkart gaining access to technologies of the platform, the people said on condition of anonymity

Online smartphone sales cross offline numbers for first time ever in 2022

Several smartphone companies offered online-exclusive deals and discounts helping the e-commerce companies to sell more

Amazon, Flipkart, 20 e-tailors get notice for selling drugs without licence

Amazon and Flipkart Health plus are among the 20 online sellers that have been issued show-cause notices by the Drugs Controller General of India (DCGI) over the online sale of drugs in violation of norms. The show-cause notice dated February 8 by DCGI V G Somani cited a Delhi High Court order dated December 12, 2018, which prohibits online sales of medicines without a licence. The notice stated that the DCGI had forwarded the order to all state and Union Territories in May and November 2019 and again on February 3 for necessary action and compliance. "In spite of the same, you are found to be engaged in such activities without a licence," the notice to the online medicine sellers said. "...You are hereby asked to show cause within 2 days from the date of issue of this notice, why action shall not be taken against you for sale, or stock, or exhibit or offer for sale or distribution of drugs in contravention of the provisions of the Drugs and Cosmetics Act 1940 and rules made ...

K'taka HC grants interim relief to Flipkart in Rs 1,100-cr tax demand case

The assessee (Flipkart) argued that the matter was already decided in its favour by the income-tax appellate tribunal (ITAT) Bengaluru on the same issue earlier during assessment year 2015-16

Walmart-owned Flipkart poised to list publicly, says SoftBank

In India, SoftBank has backed many companies, and unicorns or start-ups with over $1 billion in valuation

Accel, Tiger Global mulling to exit e-commerce firm Flipkart: Report

Accel owns a little over 1 per cent of Flipkart, while Tiger Global holds about 4 per cent of the company

Flipkart's Shopsy sees six-fold customer growth on its website in 2022

Shopsy crossed over 100 million users in September 2022 ahead of its target timeline of early 2023

Flipkart Big Saving Days sale: Deals on Pixel 6a, Samsung Flip3, and more

The Flipkart Big Saving Days sale started on January 15 and it would continue until January 20

Flipkart opens its 3rd and largest fulfillment center in Unnao district

This facility will offer customers a wide-variety of close to 400 regional grocery products across more than 100 categories including household supplies, staples, tea, snacks and beverages

Flipkart Internet gets $90 million cash infusion from Singapore parent

The cash infusion is expected to help Flipkart in competing with US-based Amazon for leadership in the Indian e-marketplace

Demand for heating appliances up 33% year-on-year, says Flipkart

The demand for the heating appliances segment in October-December 2022 has seen a 33 per cent jump compared to that of the same period a year ago, e-commerce major Flipkart said on Tuesday. The demand for heating appliances has reportedly increased across the country, including in tier-2, 3 cities and beyond such as Arrah, Darbhanga, Delhi, Gaya, Ghaziabad, Lucknow, Muzaffarpur and Patna, according to Flipkart. "The demand for the heating appliances segment has seen a spike of 33 per cent during October-December period as compared to the same period last year," Flipkart said in a statement. India witnesses a dip in temperature as the winter sets in early in certain parts of the country. According to insight from Flipkart, consumers are increasingly willing to spend on products with smart and safety features. "The demand for heating appliances has grown by a third among customers across the country and particularly in the North. We are witnessing a greater predisposition among ...

Poco C50 budget smartphone goes on sale with introductory offers: Details

The Poco C50 smartphone comes in 2GB RAM + 32GB storage and 3GB RAM + 32GB storage variants at Rs 6,499 and Rs 7,299, respectively

Cleartrip says aiming for growth in flight tickets, hotels business in 2023

The improved performance will be led by revenue growth, expansion in business-to-business (B2B) category and lower marketing spends

Tata Digital loss up nearly 6x in 2022; revenue grew threefold, shows data

Revenue for FY22 jumped 3x per cent to Rs 15,979 crore, from 2020-21 (FY21) revenue of Rs 5,315.27 crore, said the company in its regulatory filings

Flipkart 'Big Bachat Dhamaal' sale: Check deals and offers on smartphones

The 'Big Bachat Dhamaal' sale by Flipkart started on January 6 and it will continue until January 8. Here are some of the deals and offers on smartphones

Paid most of $1 bn tax for PhonePe shifting base to India, confirms Walmart

The company said last month it had completed the separation of PhonePe from Flipkart, adding that it would remain a majority stakeholder in both the companies

Flipkart's $700 million payout to benefit 25,000 employees: Report

Investors of Flipkart including Walmart will pay for the cash payout and it will benefit past and present employees of Flipkart, Myntra and PhonePe

Flipkart year-end sale: Poco X4 Pro to Realme 10 Pro, deals on 5G phones

Flipkart year-end sale started on December 24 and it would continue until December 31. Here are some of the deals and offers available on affordable 5G smartphones

India's startup ecosystem may be staring at an extended funding winter

Thousands lost jobs amid deepening funding winter in 2022 as massive layoffs by the tech companies this year alone surpassed the levels from the Great Recession

Flipkart, PhonePe complete separation as fintech firm preps for fundraise

PhonePe in talks with parent Walmart, General Atlantic, and other investors to raise about $700 mn