Flipkart

Walmart, the US retail giant which signed an agreement in May this year to acquire 77 percent stake in Flipkart, expects to close the deal before the end of current calendar year.According to a PTI report: According to a...

Over 100 trader organisations on Monday opposed the US $16 billion Walmart-Flipkart deal stating it would cause "irreversible damage" to small traders and endanger jobs for thousands.According to a PTI report: The associations, including Centre of Indian Trade Unions...

Flipkart has shared 'some details' with the I-T authorities on its US $16 billion deal with US-based Walmart, but the tax department will act only after regulatory approvals have been obtained, an official said.According to a PTI report: The...

Traders' body CAIT has said it has filed a complaint against Flipkart with the Enforcement Directorate for alleged violation of the government's foreign direct investment (FDI) policy.In a statement, the Confederation of All India Traders (CAIT) said it "has...

The DIPP has referred a complaint of the RSS-affiliated SJM on the US $16 billion Walmart-Flipkart deal to the RBI, the ED, the CCI and the Income Tax Department.According to a PTI report: The sangh's economic offshoot Swadeshi Jagran...

Amazon Seller Services, the India unit of US e-tail giant Amazon, saw its losses widening to Rs 4,830.6 crore for 2016-17 fiscal from the previous year, as the company ramped up investments in the country to compete aggressively against...

E-commerce major Flipkart has seen its losses narrow to Rs 1,638.6 crore in 2016-17, as per a regulatory documents.According to a PTI report: It had a net loss of Rs 2,306.5 crore in the previous financial year, 2015-16.The company...

E-commerce giant Amazon is aggressively ramping up selection for grocery on its platform and focussing on speedier delivery as it looks to consolidate its position in the segment against rivals like bigbasket and Grofers. The competition in the segment...

The Confederation of All India Traders (CAIT) on Monday said that it has approached the Competition Commission of India (CCI) against the Walmart-Flipkart deal.The confederation's petition to the CCI objected to the deal and said that Walmart "will create...

Continuing its protest against the US $16-billion Flipkart-Walmart deal, the Confederation of All India Traders (CAIT) wrote to commerce minister Suresh Prabhu expressing concerns that Walmart might adopt predatory pricing and deep discounting, which will kill the trade.In its...