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Traders' body CAIT has told the NCLAT that Walmart has been found "guilty of predatory behaviour" in countries like Germany, Mexico and South Africa and "may repeat such behaviour in India" through its acquisition of online major Flipkart. (Photo: AFP)

CAIT to NCLAT: Walmart may repeat 'predatory behaviour' in India as well

Walmart says its business model and activities in India were different of Flipkart's.

02 Oct 2018 7:40 PM

E-commerce major Flipkart on Tuesday said it has acquired Israel-based Upstream Commerce for an undisclosed amount as the Walmart-backed firm aims to further strengthen its selection and pricing capabilities.

Flipkart acquires Israel's Upstream Commerce

It will get access to advanced data science-based intelligent solutions through the acquisition.

25 Sep 2018 7:36 PM

Samsung on Tuesday unveiled its first triple camera smart phone, the Galaxy A7, with an ultra wide lens that allows one to capture unrestricted wide-angle photographs. (Photo: Youtube)

Samsung unveils its first triple camera Smart phone Galaxy A7

The phone will be available for a special preview sale on Flipkart, Samsung e-shop and at Samsung Opera House.

25 Sep 2018 6:15 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

In December last year, Flipkart had bought back ESOPs worth over USD 100 million from over 3,000 current and former employees of the company.

Flipkart employees to cash in on ESOPs worth USD 800 million

Flipkart cardless credit is a step in direction to make e-commerce more inclusive and help customers with small ticket credit line.

20 Sep 2018 4:43 PM

Deadline extended for higher duties

India had said the duty imposed by the United States has affected steel exports by $198.6 million and aluminium shipments by $42.4 million.

19 Sep 2018 12:34 AM

Hotstar has been offering premium content like HBO’s “Game of Thrones” and live-streaming of popular Indian Premier League cricket for an annual subscription of 999 rupees.

Flipkart eyes stake in video-streaming service Hotstar

A Hotstar representative denied any such talks with Flipkart, but said it was open to partnerships.

18 Sep 2018 7:57 AM

The reported talks with Hotstar come at a time when there is high demand in the country for video streaming services like Netflix and Amazon Prime Video.

India's Flipkart eyes stake in Star's Hotstar: reports

Hotstar has denied any such talks with Flipkart, but said was open to partnerships.

17 Sep 2018 10:16 AM

US retail giant Walmart paid Rs 7,439 crore tax on payments it made to buy out shares of 10 major shareholders of Flipkart but has not yet done so for another 34 who exited the Indian e-commerce company in the USD 16 billion deal, tax officials said.

'Walmart paid Rs 7,439 crore tax on Flipkart deal'

Walmart is legally not required to withhold tax on payments made to foreign shareholders with a stake of less than 5 per cent.

16 Sep 2018 1:07 PM

The acquisition of Flipkart by Walmart may negatively impact the net income of the latter this fiscal and also the next, said Walmart in its recent regulatory filing. (Photo: AFP)

Flipkart acquisition may impact net income this fiscal, says Walmart

The US retail giant had last month said it completed the acquisition of 77 per cent stake in Flipkart Group.

09 Sep 2018 1:58 PM

US retail giant Walmart on Friday said it has complied with the tax obligations of its USD 16 billion acquisition of India's largest online retailer Flipkart but did not say the quantum of taxes it paid. (Photo: AFP)

Have complied with tax obligations in Flipkart deal: Walmart

The company did not disclose the tax amount deposited with the I-T authorities.

07 Sep 2018 7:34 PM

The National Company Law Appellate Tribunal (NCLAT) has asked US retail major WalMart and e-commerce major Flipkart to explain their way of doing business in India.

NCLAT wants to know India business models from WalMart and Flipkart

It has also asked trader's body CAIT to file its understanding over the Walmart's business model in India.

07 Sep 2018 4:03 PM

Online sales is about 39 per cent in the country, which is the highest so far.

Flipkart aims over 30 per cent phone sales this festive season

Mobile phones are one of the most popular items sold through e-commerce sites in the country.

07 Sep 2018 3:14 PM

Traders' body CAIT Wednesday said it will launch a 90-day nationwide agitation against the USD 16-billion Walmart-Flipkart deal from September 15, starting from the national capital.

Walmart-Flipkart deal: Traders to launch 90-day protest from September 15

The association has also called for a 'Bharat Trade Bandh' on September 28.

05 Sep 2018 4:28 PM

None of India’s other leading e-commerce portals — Flipkart, Snapdeal or Paytm Mall — currently have a local language version of their apps or websites, and the move to launch a Hindi app and website could give Amazon access to tens of millions of new customers in India’s small towns and villages. (AP Photo/Reed Saxon, File)

Amazon India unveils Hindi website, app in battle with Flipkart

Amazon is looking to win over the next 100 million customers in the country, its India head Amit Agarwal told Reuters in April.

04 Sep 2018 7:12 PM

The Income Tax Department will wait till September 7 for settlement of withholding tax by Walmart on payments made to about 44 shareholders exiting e-commerce firm Flipkart before it proceeds in the case, an official has said.

IT department to wait till Sept 7 for Walmart to pay tax on Flipkart deal

Walmart Inc had completed acquisition of 77 per cent stake in Flipkart for about USD 16 billion.

02 Sep 2018 5:40 PM

Patym Mall, owned by Paytm E-Commerce, is currently the third biggest player in India’s rapidly-growing online retail space.

Paytm Mall looks to deepen partnerships in fight with Flipkart, Amazon

Company already has a revenue sharing partnership with Future Retail, which owns hypermarket stores like Big Bazaar and fashion shops.

30 Aug 2018 8:23 AM

Flipkart Launches used Goods platform

The company, however, did not disclose the deal amount.

23 Aug 2018 2:46 AM

Flipkart said this will help build voice and speech capabilities to help get next 200 million online shoppers.

Flipkart acquires AI-led speech recognition startup Liv.ai

Post the acquisition, Liv.ai will become a Flipkart centre of excellence for voice solutions.

22 Aug 2018 2:27 PM

CAIT said it will launch a nation-wide Rath Yatra on September 15 against the deal.

Traders to shut shops on Sept 28 against Walmart-Flipkart deal

The traders' body will also hold a mega rally here on December 16 to protest "discriminatory treatment against traders.

21 Aug 2018 8:59 AM

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Columns

Anita Katyal