Page 37 - Flipkart

Flipkart expands warehousing network in Gujarat to support local sellers

The new facilities are in Ahmedabad and Surat, and are collectively spread across an area of 500,000 sq ft, helping create over 5,000 direct and indirect local jobs in the state

Flipkart adds 4 supply chain facilities in Guj, create over 5,000 jobs

The new facilities are located in Ahmedabad and Surat

In compliance with Indian laws, will cooperate with ED on notice: Flipkart

Flipkart on Thursday said the company is in compliance with Indian laws, including FDI regulations, and will cooperate with the Enforcement Directorate on the notice sent to the e-commerce major.

Top headlines: Flipkart gets ED notice, Maruti hits chip roadblock

Business Standard brings you the top headlines on Thursday

ED slaps Rs 10,600-crore notice on Flipkart for forex violations

The probe reflects discrepancies in Flipkart's structuring operations, according to the official

Shopsy crosses 200,000 mark, announces zero commission marketplace

Flipkart's Shopsy on Tuesday said it onboarded more than two lakh users within a month of its launch, and announced the launch of a zero-commission marketplace.

Competition Commission open to probe Flipkart, Amazon separately

The two e-commerce giants are currently named in a single complaint, which is being probed by the anti-competition watchdog

After Flipkart, Amazon files appeal at Supreme Court in antitrust probe

Details of Amazon's plea were not immediately clear. The Supreme Court website showed the case listing of an appeal, without giving further details.

Walmart's Flipkart asks India's top court to stall antitrust queries, probe

Flipkart told the Supreme Court the details sought reinforced its fear of the "invasive nature" of the investigation, and asked it to put on hold both the information request and the overall probe

No prima facie evidence with CCI and HC to order probe: Flipkart tells SC

Karnataka HC last week upheld a single-judge order dismissing Amazon and Flipkart pleas challenging a probe initiated by CCI for alleged competition law violations

Flipkart eyes 2X growth in 'Pay Later' offering, aims to cross 100 mn

Walmart-owned Flipkart is working on expanding its 'Pay Later' credit offering and aims to clock 2X growth over the next six months.

Flipkart to challenge Karnataka HC order on CCI probe in SC: Report

The High Court in Karnataka state last week dismissed cases filed by Amazon and Flipkart which sought to quash the Competition Commission of India's (CCI) 2020 investigation

Flipkart Ventures, Tiger Global invest in Thrasio-style venture G.O.A.T

G.O.A.T was founded by Rameswar Misra and Rishi Vasudev, a veteran retail executive, who previously headed Flipkart's fashion business.

Appellants shouldn't fear CCI probe, Karnataka HC tells Amazon, Flipkart

The Court upheld a single-judge order dismissing pleas filed by Amazon and Flipkart challenging a probe initiated by the Competition Commission for alleged breach of competition law

Karnataka HC quashes Amazon, Flipkart plea against antitrust probe

An Indian court on Friday dismissed a petition by Amazon.com Inc and Walmart's Flipkart seeking revocation of a single judge's decision to allow an antitrust probe against them to continue

Walmart's Flipkart says CCI probe shouldn't treat it the same as Amazon

Both Amazon and Flipkart have challenged the Competition Commission of India (CCI) in court as they seek revocation of a court's June decision to allow an antitrust probe against them to continue.

Valuing growth

Start-up listings will open up opportunities

Flipkart's valuation crosses $37.6 bn after raising $3.6 bn in funding

Flipkart is now among the 10 largest e-commerce companies in the world by valuation, according to experts

Flipkart offers employees option to liquidate shares worth Rs 600 cr

During a town hall meeting, Flipkart CEO Kalyan Krishnamurthy told the employees that the firm aims to become a $100 billion company in terms of valuation

Flipkart to buyback employee stock options worth Rs 600 cr: Report

Walmart-owned Flipkart will undertake a buyback employee stock options worth about Rs 600 crore, according to sources.