Probing 'predatory' pricing by Flipkart, Amazon: Piyush Goyal
Piyush Goyal said e-commerce companies have no right to offer discounts or adopt predatory prices. "We will take stringent action against them, if there is violation of any law in letter or in spirit. Action will be taken as per the law."
Flipkart to start selling food through FarmerMart
In India, consumers spend about $500 bn on groceries annually. FarmerMart, with an authoris...
Companies need to experiment out of comfort zones: D. Shivakumar
Aditya Birla Group president, speaking at industry body FICCI’s retail, FMCG...
$30 billion of proof that India's tech scene is back
Walmart is mulling to demerge PhonePe —the payment system and digital wallet company of Flipkart - so that its ownership will be vested directly with the US retail behemoth, offering some hope for the country’s long-awaited tech renaissance.
Flipkart adds original content to video service
"Flipkart Video Originals will make available bespoke snackable content that is both mobile-first and interactive in nature," Flipkart said in a release.
Flipkart to foray into food retail with new entity
The entity is set to apply for a food retail license and has received board approval for the same during last month’s board meeting held in Singapore.
Walmart plans to spin off PhonePe from Flipkart
The proposed demerger will coincide with PhonePe's ongoing fund raising plan of about a billion dollar through primary and secondary sale of shares.
How Ambani, Amazon and Walmart may help save India's banks
Even as the despondence cuts across industries, there is one credit tap that has started to gurgle.
Tata CLiQ hasn't quite clicked in online retail
Tata CLiQ's revenue is only a fraction of that of rivals such as Walmart-owned Flipkart or Amazon.
Amazon, Walmart find success in rural India during sales season
The etail bandwagon is now moving beyond the country’s urban, English-speaking population.
Rihanna calls Donald Trump the 'most mentally ill human being in America right now'
When Trump had called the mass shootings an act of 'cowardice', Rihanna said that he should have labelled them as 'terrorism' instead.
Ecommerce companies are the coolest place for summer internships
Cos like Amazon, Flipkart, Udaan make up for dips in offers from BFSI, automobile and telecom sectors.
Essel MF acquisition by Sachin Bansal's BAC gets CCI nod under green channel
The green channel concept allow for an automatic system for speedy approval for certain categories of merger and acquisitions.
Trade opportunities between US and India historic: US State Guv
Asa Hutchinson's visit comes in the backdrop of US president Donald Trump’s constant criticism of what he calls high tariff rates on US products
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