Page 50 - Flipkart

Few parallels for RIL-like transformation in the world of business

One of the few in the league of RIL globally is the SoftBank Group, which has grown from being a PC software distributor and a telco to a technology-focused investor

Walmart's reverse merger with Flipkart may bulk up valuations ahead of IPO

The reverse merger may bulk up valuations ahead of an IPO in two years, but questions about the performance of the wholesale business remain

Sellers body moves CCI against Flipkart's acquisition of Walmart India

Says a few sellers will get preferential treatment, Flipkart will engage in deep discounting in groceries

SC to hear plea for display of 'country of origin' on products by e-tailers

A bench of Chief Justice S A Bobde and Justices A S Bopanna and V Ramasubramanian issued notice to the Centre and sought its response

Sachin Bansal's Navi app among top three digital lenders in India

Bansal said there is a huge unmet demand for credit and their digital lending platform has done well despite the Covid-19 pandemic

Flipkart acquires Walmart India's wholesale biz to help transform kiranas

Flipkart says it would leverage the strong wholesale capabilities of the company and enable growth for kiranas and MSMEs

Top headlines: BPCL bidding extended, Flipkart acquires Walmart India

Here are the top headlines of the day

Much ado about nothing

Instead of mandating e-commerce firms to declare the country of origin of products they hawk, the effort should be to help them bounce back

Flipkart starts part payment method to reduce cancellations, order returns

Walmart-owned e-commerce firm says option would encourage pre-paid transactions and reduce cash on delivery

Amazon builds country of origin tech solution; asks sellers to fill details

Earlier, sellers on platforms such as Amazon and Flipkart had to mention such details only for imported items and this was not mandatory for other products like domestic goods

Walmart infuses $1.2 bn in Flipkart, valuing e-commerce firm at $24.9 bn

The Flipkart Group said it closed the additional $1.2 billion equity round to support the continued development of its e-commerce marketplace as India emerges from the Covid-19 crisis

Bengaluru to Patna, return of city lockdowns frustrates companies

From leading consumer goods companies to e-commerce giants, firms are again forced to divert their attention towards minimising obstacles

Flipkart signs MoU with Karnataka govt to promote local art and craft

Flipkart said it has signed an MoU with Karnataka MSME and Mines department to promote the states arts, crafts and handloom sectors by bringing them on to e-commerce and providing market access

Flipkart invests Rs 260 cr in Arvind Youth Brands; to target small towns

The companies said this investment builds on the long-standing engagement between the two organisations that have been working together for several years

Flipkart invests Rs 260 cr in Arvind Fashions' arm, picks minority stake

Arvind Youth Brands is Arvind Fashions' recently-formed subsidiary which will own the Flying Machine brand

DPIIT may discuss 'country of origin' tag for e-sale with Consumer Ministry

The sources said the matter involves certain changes related to packaging of the product "the DPIIT would discuss the issue with the consumer affairs ministry".

Amazon, Flipkart help small businesses get ready for post-Covid-19 world

Experts said consumers are getting a majority of their essential and non-essential supplies home delivered via e-commerce platforms to minimise exposure to others and for convenience.

Display of country of origin on products sold online: HC seeks govt's stand

A bench of Chief Justice D N Patel and Justice Prateek Jalan issued notice to the Centre and e-commerce platforms Amazon, Flipkart and Snapdeal seeking their stand on the plea by July 22.

Flipkart says 90% sellers back on platform, 125% rise in new MSMEs

Uttar Pradesh, Maharashtra, West Bengal, Delhi and Tamil Nadu are the top states where local MSMEs have shown maximum interest in taking their businesses online

Health to retail: Jio Platforms' plan to be No 1 in B2C revealed

Jio Platforms, the digital services subsidiary of Reliance Industries, is working on a three-point strategy.