Amazon, Flipkart Must Face CCI’s Antitrust Probe: Supreme Court
The Supreme Court on August 8 has ruled against the US-based e-commerce giant Amazon and Walmart's Flipkart saying that both must accept "antitrust investigations" ordered against them in India. An investigation probe was ordered by the Competition Commission of India (CCI) last year over alleged selective promotion and using business practices for oppressing competition. However, both the companies have denied any malpractice.
Tags: Amazon Web Server, Flipkart, Supreme Court of India, Competition Commission of India
Courtesy: Reuters
Flipkart To Boost Handicraft And Handloom Business Of HP
To encourage the handicraft and handloom maker into the e-commerce platform, Flipkart has signed a memorandum of understanding (MoU) with the Handicraft and Handloom Corporation Ltd of Himachal Pradesh on August 7. Notably, the initiative was launched under the Flipkart Samarath program on National Handloom Day. Meanwhile, Chief Corporate Affairs Officer at Flipkart Group said that the initiative will give, “a boost to Indian art and heritage… read-more
Tags: Flipkart, Flipkart Samarth, Himachal Pradesh, HANDICRAFTS
Courtesy: ANI News
Flipkart May Face $1.35 Billion Penalty Over Violating Forex Norms
Walmart-owned Flipkart is alleged of hoodwinking foreign exchange laws and giving preferential treatment to select sellers by Enforcement Directorate (ED) today, Reportedly, it may have to pay a fine of $1.35 Billion. An ED official said, Flipkart attracted foreign investment and a related party, then sold goods on its shopping website which is against laws. Flipkart's spokesperson defended the company by saying "It complies with Indian rules… read-more
Tags: Flipkart, Walmart India, Foreign Exchange Management Act, online shopping
Courtesy: India Today
Flipkart Big Saving Days Sale To Go Live On July 25
Flipkart announced that the Big Saving Days sale will go on live from midnight of July 24 for its plus members, however, anyone can avail offers from July 25. Moreover, the company offers an extra 10% instant discount on ICICI Bank's credit and debit card during the sale that will end after July 29. Reportedly, the sale offers discounts on smartphones, headphones, TVs, laptops, and other electronic devices.
Tags: Big Saving Days sale, Online sale, Flipkart, special offers
Courtesy: NDTV Gadgets 360
ICMR, Telangana Govt Plans To Deliver Vaccine Through Drones
In order to deliver the vaccine and medicine to inaccessible and far flung areas due to rough terrain, the Indian Council of Medical Research (ICMR) and Telangana govt are planning to use drones. The ICMR have already approached drone companies with bids for the same. A study has been initiated by TS govt to understand the feasibility of delivering medicines and other medical supplies.
Tags: Drone, ICMR, Telangana, Flipkart, Dunzo
Courtesy: The Indian Express
Flipkart Big Saving Sale; Avail Mega Discounts Over Electronic Items
Have you been planning for shopping anything online? This could be the right time for you as the Flipkart Big Saving Days sale is now live. The four-day sale has opened on June 13 and will go on Until June 16. During the sale, SBI credit cardholders can avail instant discount up to 10 percent. Notably, discounts cover more electronic items such as mobiles, laptops, TVs, etc.
Tags: Flipkart, Big Saving Days sale
Courtesy: NDTV Gadgets 360
OnePlus Launches Y Series 40 Smart TV At Rs 23,999; Sale On Flipkart
OnePlus has launched its Y Series 40 smart TV on May 24 in India. Launched with 40-inch LED screen and powered with Android YV 9.0 platform, the variant comes with noise reduction and built-in Google Assistant. Originally priced at Rs 23,999, the smart TV can be bought at Rs 21,999 as an introductory offer till May 31, from Flipkart. It will be available in online stores from June 1.
Tags: oneplus, Smart TV, Flipkart, offer, television
Courtesy: Business Standard
Amazon India Rolls Out 'miniTV' Service To Offer Free Video Content
The e-commerce giant Amazon on May 15 launched an ad-supported free video streaming service, 'miniTV'. The service, currently available only in India and accessible through Amazon's shopping app, will feature several curated content including web-series, comedy shows, food vlogs and tech news among others. However, 'miniTV' service has currently been rolled out only for android phones. Notably, Flipkart had also launched a similar ad-… read-more
Tags: Amazon India, miniTV, web series, Flipkart
Courtesy: DNA
Flipkart Partners With Adani To Strengthen Supply Chain, Logistics Base
Indian e-commerce giant Flipkart announced a collaboration with Adani Group on April 12 to expand its supply chain base. Under the strategic and commercial partnership, Adani Logistics Limited will help Flipkart in strengthening its supply infrastructure and will construct a logistics hub in Mumbai. The collaboration is likely to generate 2,500 direct and thousands of indirect jobs. Additionally, Flipkart will open a data centre at… read-more
Tags: Flipkart, Adani Group, collaboration, business, Supply chain , Adani Logistics
Courtesy: LiveMint
Motorola To Launch Moto G10 Power, Moto G30 In India
American smartphone maker Motorola is eyeing to launch its much awaited Moto G10 Power and Moto G30 in India on March 9. With a waterdrop style display notch, Moto G10 comes with a 48 MP primary camera. Whereas, Moto G 30, with a 90Hz refresh rate, comes with a 64 megapixel primary sensor. Besides, the smartphones comes with Android 11 OS. Initially launched in Europe, the phone will be available in Flipkart.
Tags: Motorola, Moto G10, G30, Flipkart
Courtesy: NDTV