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
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.
Four million products sold the highest-ever opening day traffic sessions growth for Myntra, at 200% over business-as-usual
India is effectively muzzling the two leading US players. and it's tilting balance in favor of offline commerce, away from digital startups that are India's best bet for rebuilding the economy.
The companies have denied wrongdoing and near-immediate legal challenges from the pair stalled the investigation for more than a year until a court last week ruled it could resume
Techy conglomerate investing in Flipkart at a time when Reliance Industries and Tata are betting big on e-commerce as well.
US stocks ended lower on Tuesday as a sharp decline in telecom stocks and weak housing starts data overshadowed better-than-expected earnings from Walmart and Home Depot
Strength in India, Canada, China helps Walmart International post $27.3 bn net sales; 8.3% decrease
The firm raises its profit forecast
The Walmart-backed e-commerce firm has relaxed the deadline for this year's goal-setting so that employees can completely focus on their health and well being.
Maintains top position in UPI apps, followed by Google Pay
The company will donate up to 20 oxygen-generating plants and 20 cryogenic containers for oxygen storage and transportation
Retail giant Walmart on Friday announced that it will donate up to 20 oxygen-generating plants and 20 cryogenic containers for oxygen storage and transportation to India
According to US-based analytics platform CB Insights' database, out of a total of 642 unicorns around the world, India has 29 as of April 2021
Roy has joined French spirits group, Pernod Ricard, as general counsel for South Asia and will take up the new role on April 12, 2021, according to the sources
The development comes at a time when UPI has broken a new record, crossing Rs 5 trillion in value in March across 2.73 billion transactions
The e-commerce foreign direct investment policy doesn't sit well with the concept of competition
The appointment comes along with several other key ones that the company has made recently as its restructuring plan
DoorDash is taking steps to address what it says are frustrations from independent drivers toting Walmart merchandise and grocery orders, including low customer tips, the company confirmed