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E-commerce major Flipkart co-founder Binny Bansal resigns from board

E-commerce major Flipkart co-founder Binny Bansal resigns from board

Sun, Jan 28, 2024

"I am proud of the Flipkart Group's achievements over the past 16 years. Flipkart is in a robust position, with a strong leadership team and a clear path forward, and with this confidence, I have decided to step aside, knowing the company is in capable hands. I wish the team the best as they continue to transform experiences for customers, and I remain a strong supporter of the business," Bansal said.

Flipkart leads e-commerce market with 48% share, Meesho fastest growing platform: Bernstein

Flipkart leads e-commerce market with 48% share, Meesho fastest growing platform: Bernstein

Fri, Jan 26, 2024

According to the report, Flipkart's user base grew 21 per cent year-on-year (YoY), Meesho accelerated at 32 per cent while Amazon lagged at 13 per cent user growth primarily due to relative premium offerings as compared to peers.

Nothing Phone (2) price drop alert! Check offers and discounts

Nothing Phone (2) price drop alert! Check offers and discounts

Sat, Jan 13, 2024

Flipkart Republic Day Sale 2024: Packed with the Snapdragon 8+ Gen 1 Mobile Platform and 4700 mAh battery, Nothing Phone (2) delivers a fast performance.

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Flipkart partners with Intel India for laptop sale

Flipkart partners with Intel India for laptop sale

Wed, Jun 15, 2016

The campaign will offer latest laptop brands at some exciting prices with equated monthly option (EMI) option.

Will e-commerce thrust be enough to revive old white goods brands?

Will e-commerce thrust be enough to revive old white goods brands?

Fri, Jun 10, 2016

The white goods industry has the potential to reach $30 billion with greater penetration, especially in rural areas in India.

Bezos of Amazon says will put $3 billion more in India

Bezos of Amazon says will put $3 billion more in India

Wed, Jun 08, 2016

Speaking at a US-India Business Council (USIBC) event in Washington, DC on Tuesday in the presence of Prime Minister Narendra Modi, Bezos said that Amazon sees "huge potential in the Indian economy."

Flipkart revises returns policy; lowers period from 30 to 10 days

Flipkart revises returns policy; lowers period from 30 to 10 days

Mon, Jun 06, 2016

India's largest e-commerce player Flipkart has revised its returns policy on some categories of products from 30 days to 10 days.

It looks like e-commerce cannot survive without brick and mortar shops

It looks like e-commerce cannot survive without brick and mortar shops

Mon, Jun 06, 2016

Leaders in the marketplace platform like Flipkart and Amazon have been piloting services where they deliver products to your home from your local stores for quite some time now. Moreoever, online sellers setting up offline stores have become a strategy that is crucial to the success of the start-up.

Flipkart and others to be blacklisted from IITs?

Flipkart and others to be blacklisted from IITs?

Sat, Jun 04, 2016

The committee decided in the meeting that the companies will face boycott if they failed to stick to their earlier commitments.

Tap entrepreneurs for formalisation of economy: Nandan Nilekani

Tap entrepreneurs for formalisation of economy: Nandan Nilekani

Wed, Jun 01, 2016

Nilekani said that the country will see a whole new era of data driven lending.

Micromax's YU launches Yunicorn at Rs12,999 in India

Micromax's YU launches Yunicorn at Rs12,999 in India

Tue, May 31, 2016

Yu Yunicorn features a full HD IPS 5.5-inch ultra-thin bezel display with 2.5D curved glass and runs on Android 5.1 lollipop operating system - which the company is calling as "Android on steroids".

Now L&T Infotech recalls offer letters to students

Now L&T Infotech recalls offer letters to students

Mon, May 30, 2016

First Flipkart and Now L&T Infotech. It seems the ordeal for fresh graduates is not going to end soon. Media reports suggest that L&T Infotech has recalled offer letters to as many as 1500 students. Students went on a hunger strike as a protest against the company.

Flipkart Effect: Management, tech grads may prefer joining safer companies

Flipkart Effect: Management, tech grads may prefer joining safer companies

Sun, May 29, 2016

Reports suggest Flipkart is not the only company from e-commerce and related sectors to have deferred the joining dates for their campus hires and there are many others including InMobi, CarDekho and Hopscotch.

Morgan Stanley lowers Flipkart's valuation by 15%

Morgan Stanley lowers Flipkart's valuation by 15%

Fri, May 27, 2016

Signalling a tough road ahead for Flipkart, a mutual fund managed by Morgan Stanley has marked down the value of its shares in the Indian eCommerce major by 15.5%, valuing it at under $10 billion.

Flipkart delays joining of fresh recruits; here's what you can do

Flipkart delays joining of fresh recruits; here's what you can do

Fri, May 27, 2016

India's largest ecommerce company, Flipkart, is amidst another storm. IITs and IIMs are fuming as the company has delayed joining of fresh recruits from these colleges. The original date of joining was in June but now Flipkart told them to join in December.

Flipkart delays new recruits' joining by 6 months; IIM-A fumes

Flipkart delays new recruits' joining by 6 months; IIM-A fumes

Thu, May 26, 2016

Flipkart said it has been working on restructuring its businesses to strike the right balance among key levers.

Mobiles Mania: Save upto Rs 15,000 as Flipkart offers ‘best deals’

Mobiles Mania: Save upto Rs 15,000 as Flipkart offers ‘best deals’

Wed, May 18, 2016

Flipkart will offer flat 31% off on Motorola's Moto Turbo mobile while 21% off is set on Asus Zenfone 2 (4GB RAM) and 7% off on Apple iPhone 5S, the release said.

Flipkart investor Tiger Global cuts stake in Amazon; dissolves entire stake in Alibaba

Flipkart investor Tiger Global cuts stake in Amazon; dissolves entire stake in Alibaba

Tue, May 17, 2016

Tiger Global Management, the largest investor in Indian e-commerce giant Flipkart, has reduced its stake in US rival Amazon by about two-third in the January-March 2016 quarter.

App-solute mistake: How mobile-only enthusiasm got the better of Myntra

App-solute mistake: How mobile-only enthusiasm got the better of Myntra

Thu, May 05, 2016

Even Myntra's parent company Flipkart contemplated of going app-only but decided to refrain from doing so later.

Has Flipkart violated FDI norms with LeEco sale?

Has Flipkart violated FDI norms with LeEco sale?

Wed, May 04, 2016

The Confederation of All India Traders (CAIT) has complained to the Department of Industrial Policy & Promotion (DIPP) for alleged violation of FDI guidelines in e-commerce by Flipkart.

Flipkart moves Gujarat High Court against 'entry tax'

Flipkart moves Gujarat High Court against 'entry tax'

Fri, Apr 29, 2016

Flipkart has filed a Public Interest Litigation (PIL) against Gujarat Government in Gujarat High Court.

Google launches new Chromecast, Chromecast Audio in India starting at Rs 3,399

Google launches new Chromecast, Chromecast Audio in India starting at Rs 3,399

Wed, Apr 20, 2016

With a new design, a wealth of fresh content and an updated app, the new Chromecast is easier to fit into TVs with crowded ports and turn it into a smart TV.

E-commerce valuations correct but Infibeam refuses to compromise

E-commerce valuations correct but Infibeam refuses to compromise

Thu, Apr 14, 2016

The company's issue seems highly expensive at current valuations and investors should give its IPO a miss, said IIFL in its research note.

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