Flipkart | The Asian Age

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As many as 44 shareholders of Flipkart, including significant ones like SoftBank, Naspers, venture fund Accel Partners and eBay, sold their holdings to Walmart.

Income Tax dept examining taxation issues in Walmart-Flipkart deal

Walmart has reportedly paid over Rs 7,439 crore as taxes to the government on payments made by it to major shareholders of Flipkart.

04 Dec 2018 4:22 PM

With reference to the recent speculation that Flipkart may lay off 50 per cent of Jabong's workforce.

E-commerce poster boy Flipkart stares at mass exodus

Some 5,275 Flipkart employees, across all profiles and seniorities, have floated their CVs have posted their CVs on the job portal.

19 Nov 2018 12:37 PM

Some 700 employees of Myntra and 519 employees of Jabong, the fashion and lifestyle brands of Flipkart, too have posted their CVs on the job portal.

6,500 Flipkart staff hunt for jobs

These job seekers include 27 and 16 senior execs from Myntra and Jabong respectively.

17 Nov 2018 1:11 AM

. Flipkart’s Bansal has denied the misconduct accusations, which two sources told Reuters followed an allegation of sexual assault.

Exit of Flipkart CEO adds to fears in Corporate India about sexual misconduct

The real surge in demand came following the spread of India’s #MeToo movement.

16 Nov 2018 1:05 PM

Bansal’s easing out from Flipkart stumps all

Walmart communicated Bansal’s exit in a strange and bizarre fashion.

16 Nov 2018 10:26 AM

Binny Bansal quit as Chairman and Group CEO of Flipkart on Tuesday.

Stunned Bansal denies charges, will remain on Flipkart board

Binny Bansal has strongly refuted the allegations of “serious personal misconduct.

14 Nov 2018 10:39 AM

Flipkart CEO Binny Bansal resigns after charges of 'misconduct'

The investigation did not find evidence to corroborate the complainant's assertions against Binny Bansal.

13 Nov 2018 6:00 PM

On account of FDI restrictions, Walmart India can not engage in selling directly to consumers.

Walmart-Flipkart deal: NCLAT adjourns hearing over CCI's approval

Traders' body CAIT against fair trade regulator CCI's approval for Walmart's USD 16 billion acquisition of Flipkart.

12 Nov 2018 4:30 PM

AIOVA’s case alleged Flipkart was not adhering to a section of India’s anti-trust laws that says companies should not abuse a dominant market position through “unfair or discriminatory” pricing.

Flipkart and Amazon not abusing market position in India: CCI

The decision is a defeat for a lobby group representing thousands of online sellers in India.

07 Nov 2018 6:35 PM

Flipkart cornering 51 per cent share of the festive sale between October 9-14, (AP Photo/Richard Vogel, File)

Flipkart, Amazon see bumper festive sale

Flipkart and Amazon have claimed record-breaking sales numbers across categories like smartphones etc.

06 Nov 2018 11:41 AM

The combined loss of the two Flipkart entities -- Flipkart India and Flipkart Internet -- was well over Rs 3,200 crore in FY2017-18.

Flipkart India losses widen to Rs 2,063.8 crore in FY18

Flipkart's e-commerce business Flipkart Internet also posted a consolidate loss of Rs 1,160.6 crore.

29 Oct 2018 4:16 PM

Of the USD 2.3 billion gross merchandise value (GMV) garnered during the five-day online festive season sales, Flipkart cornered a higher market share of 51 per cent, followed by Amazon at 32 per cent.

Flipkart grabs 51 per cent, Amazon 32 per cent of festive season sales

Both Flipkart and Amazon together took away a large slice of the market pie as big as 83 per cent.

22 Oct 2018 9:19 AM

Walmart said it expects its US same-store sales growth to be in the range of 2.5-3 per cent.

Walmart says USD 16 billion Flipkart deal to hit earnings

Walmart expects net sales growth to be about 5 per cent internationally in constant currency.

16 Oct 2018 7:22 PM

Amazon and Flipkart are locked in a battle to dominate an Indian e-commerce market tipped, within a decade, to be worth $200 billion annually, according to Morgan Stanley. (Photo: AFP/ Representational image)

Amazon says India customer base surges during festive sale

Amazon and Flipkart kicked off competing sales events, jostling to grab shoppers in India’s October-December festive season.

14 Oct 2018 1:43 PM

Flipkart and Amazon both began their flagship annual sales in India on Wednesday, and will compete for shoppers during the October-December festive season.

Flipkart confident of bumper sales season; says Amazon losing relevance

Smartphones will be Flipkart’s biggest selling category this year.

12 Oct 2018 11:10 AM

With discounts going up as high as 50%, mobile phones accounted for over 40% of all transactions on day 1.

46Lakh phones sold online in 2 days of festive sales

Meanwhile, Flipkart said on Thursday that it sold 30 lakh mobile phones in a day — the highest phones sold in a day globally.

12 Oct 2018 12:31 AM

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

E-commerce major Flipkart on Sunday said it is foraying into the insurance segment after securing a corporate agent licence.

Flipkart forays into insurance space with Bajaj Allianz

Flipkart has partnered Bajaj Allianz General Insurance to offer customised insurance solutions.

08 Oct 2018 1:43 PM

Individual shareholdings in Flipkart and those who offloaded the stake have not been publicly declared either by the seller or the buyer.

Walmart submits details of tax deducted from Flipkart investors

Walmart on September 7 paid Rs 7,439 crore tax on payments it made to buy out shares of 10 major shareholders of Flipkart.

04 Oct 2018 8:22 AM

The company has also expanded its network of delivery hubs from 600 to over 900 this year to enable 1.8X delivery capability per day.

Innovations for festive sales help build capabilities for future: Flipkart

Flipkart, which will host its Big Billion Days (BBD) sale from October 10-14 this year, has doubled its warehousing capacity.

03 Oct 2018 10:46 AM

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Anita Katyal