Kalyan Krishnamurthy

Thursday, Apr 18, 2024 | Last Update : 07:29 AM IST

Govt rejects Flipkart's proposal for entering food retail sector. (PTI Photo)

Government rejects Flipkart's plan to enter food retail sector

The company spokesperson said that Flipkart intends to re-apply for the permit

01 Jun 2020 3:59 PM

In line with the Government of India's FDI policy, which allows 100 per cent foreign direct investment (FDI) in food retail for food produced and manufactured in India, Flipkart is applying for appropriate licenses from the government, Flipkart Group CEO Kalyan Krishnamurthy said in a statement.

Flipkart ups ante against Amazon; to set up unit for food retail in India

Flipkart did not comment on the investments planned for the new venture.

15 Oct 2019 5:00 PM

Krishnamurthy also said Chief Minister Yogi Adityanath's "vision and enabling initiatives will boost investor confidence in the state" as ease of doing business is expected to improve.

Flipkart CEO sees UP becoming India's first trillion-dollar state economy

Thousands of artisans, small businesses and women entrepreneurs are finding partnership with Flipkart beneficial, said Flipkart CEO.

28 Jul 2019 2:55 PM

E-commerce major Flipkart on Monday said it has added 30,000 jobs in its supply chain and logistics operations, ahead of the festive sale where the Walmart-backed company will compete head-on against rival, Amazon.

Flipkart on hiring spree, adds 30,000 seasonal positions for festive season

The seasonal hiring by Flipkart is spread across the entire supply chain -- from warehouses, to mother hubs, and delivery hubs.

08 Oct 2018 3:26 PM

Walmart Inc’s Flipkart unit is considering naming a new chief executive officer (CEO) at the group level in place of Binny Bansal.

Flipkart may appoint new group CEO in place of Binny Bansal

Co-founder and current group CEO Binny Bansal is not actively involved in daily operations.

24 Sep 2018 11:31 AM

E-commerce major Flipkart will shut down eBay.in next month and launch a new platform for refurbished goods as it attempts to tap into a large market segment that is predominantly unorganised.

Flipkart to shut eBay in India, launch new platform for refurbished goods

Last year, Flipkart had raised USD 1.4 billion from global technology majors eBay, Tencent and Microsoft.

24 Jul 2018 6:30 PM

Flipkart on Tuesday said it has completed the merger with eBay India's operations.

E-Bay merges with Flipkart after Snapdeal snaps out of merger talks

In exchange of an equity stake in Flipkart, eBay invested USD 500 million and sold its eBay.in business to Flipkart.

01 Aug 2017 10:40 AM

Flipkart CEO Kalyan Krishnamurthy hands over the corner office to Padmini Pagadala.

Flipkart completes ten years, launches 'CEO of the Day' context

Bengaluru's Padmini Pagadala wins corner office job under 'be Flipkart CEO for one day' scheme.

25 Apr 2017 2:55 PM

This is the biggest investment raised by Flipkart in its 10 years history.

Flipkart raises $1.4 billion

This is for the first time that Flipkart has seen a downfall in its valuation while actually raising fresh funds.

11 Apr 2017 3:23 AM

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