[ad_1] Moreover, a Flipkart spokesperson confirmed that the payout had been made, the report said. In December last year, the two firms completed a full ownership separation in a deal that allowed Singapore shareholders to purchase shares directly in PhonePe’s India entity. [ad_2] Source link
[ad_1] NEW DELHI: Adani Enterprises, the flagship firm of billionaire Gautam Adani’s group, has bought a close to 30 per cent stake in Start Enterprises Pvt Ltd, which owns the online train ticket booking platform Trainman.Adani Enterprises last month announced that it has signed a pact to acquire 100 per cent of SEPL.In a stock … Read more
[ad_1] New Delhi: A Flipkart delivery franchise could be the ideal business option for you if you’re looking for a way to earn some extra cash. The popularity of online shopping has increased demand for the services of Flipkart, the largest online retailer in India. To further their goal of reaching more people, Flipkart is constantly … Read more
[ad_1] NEW DELHI: Non-metro cities are adding new e-commerce users at a faster rate than their metro counterparts, said Nandita Sinha, CEO at Myntra. “Metro is a big part of our business but a lot of new users are coming from the non-metros, not only in fashion but across categories. And even propositions which were … Read more
[ad_1] NEW DELHI: Five major e-commerce platforms — Amazon, Flipkart, Meesho, Snapdeal and Shopclues — have delisted 13,118 seatbelt alarm clips after the Central Consumer Protection Authority (CCPA) passed orders to stop their sale. The CCPA said the clips violate Consumer Protection Act and compromise the lives of car passengers.A maximum of 8,095 such alarm … Read more
[ad_1] If you have done online shopping in recent times, you might have come across a significant change in packaging. Online e-commerce platforms are increasingly using biodegradable material and the focus has also been to minimize packaging waste. The change in packaging pattern echoes the government’s chain of thought as the Department of Consumer Affairs … Read more
[ad_1] NEW DELHI: Competition Commission is conducting inquiries against Amazon, Flipkart, Zomato, Swiggy, BookMyShow, Apple, WhatsApp, Facebook (Meta) and Google for alleged anti-competitive practices, the government said on Tuesday.To a query in the Rajya Sabha on whether the government is aware of the fact that anti-competitive practices are indulged by big tech companies like Amazon, … Read more