Bengaluru: Flipkart India, the wholesale arm of the Walmart-owned ecommerce marketplace in India, has received Rs 1,431 crore in fresh…
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Sachin Bansal now invests Rs 150 crore in Ola
BENGALURU: Flipkart co-founder Sachin Bansal has invested Rs 150 crore in Ola. Over the past two years, Bansal and Ola…
Ecommerce rule tweak will aid kiranas: Metro CEO
BENGALURU: Metro AG, the world’s fourth-largest retailer that operates wholesale stores in India, said the country’s updated policy on foreign…
Your card payments to get safer
BENGALURU: The RBI’s move to allow tokenisation of credit and debit card transactions, announced on Tuesday, could prove to be…
Online players in a bind over notice on private labels
BENGALURU: Amazon and Flipkart are struggling to deal with the issue of private labels, following the recent government circular on FDI in e-commerce. Both had planned…
Snapdeal in the dock for selling Suhagra online
Bengaluru: In a first, the Karnataka drugs control department is prosecuting an e-commerce company for online sale of drugs falling…
Myntra’s revenue dives 80% in FY18
BENGALURU: Flipkart-owned Myntra’s revenue for the year ended March 2018 fell sharply by 80% to just Rs 427 crore, the…
Amazon starts closed user-group testing of UPI pay platform
BENGALURU: Amazon’s efforts to issue its own Unified Payments Interface (UPI) handles in India has entered the closed-user-group stage, where the company is…
Move may hit e-tailers’ pvt label biz
BENGALURU: The private label businesses of Amazon and Walmart-owned Flipkart may come under regulatory lens, following fresh guidelines issued to…
Revised policy on e-comm FDI may give a jolt to Amazon JVs
BENGALURU: Government’s revised policy on FDI in e-commerce may give a shock to Amazon. It could throw a spanner in…