Business  /  Published 19.07.21

Flipkart draws line on Amazon

Walmart’s Flipkart should not be treated the same as rival Amazon in the ongoing antitrust probe as the evidence against the two firms was “qualitatively different”, Flipkart argued ...
By Reuters in New Delhi

Business  /  Published 13.07.21

Flipkart gets $3.6 billion

Flipkart has raised $3.6 billion (Rs 26,845 crore) in a fresh funding round, valuing the e-tailer at $37.6 billion (Rs 2.81 lakh crore). The infusion saw the participation of Walmart and others, inclu...
By Our Special Correspondent in Mumbai

Business  /  Published 17.06.21

Flipkart expands in Bengal

Walmart-owned e-commerce firm Flipkart on Wednesday said it has expanded its presence in Bengal by adding a 2.2-lakh-square-feet fulfilment centre at Dankuni in Hooghly district.   Wit...
By A Staff Reporter in Calcutta

Business  /  Published 09.06.21

Softbank eyes Flipkart return

Flipkart, the Walmart Inc-owned e-commerce firm, is in talks to raise at least $3 billion from investors, including Japan’s SoftBank Group and various sovereign wealth funds. The possible retur...
By Our Bureau in Mumbai

Business  /  Published 07.06.21

E-grocers dare supermarkets

India’s e-grocers are on course to achieve scale and profitability through various measures aimed at margin accretion and lowering costs. According to analysts at Motilal Oswal, e-grocery hardl...
By Our Special Correspondent in Mumbai


Business  /  Published 16.04.21

Amazon venture fund Inc on Thursday announced a $250-million venture fund for India, focused on bringing the country’s small businesses online, as the company comes under fire from local retailers. The ...
By Reuters, PTI in New Delhi

Business  /  Published 13.04.21

Adani gains retail foothold

Gautam Adani on Monday rode into India’s booming e-commerce industry by entering into a strategic partnership with Flipkart. The tie-up will see Adani Logistics set up one of the country’s...
By Our Special Correspondent in Mumbai

Jharkhand  /  Published 12.04.21

Traders unhappy about Flipkart deal

The small time traders and retailers reeling under the impact of Covid induced recession fear the state government’s pact with Flipkart will further affect trade prospects. The JMM government h...
By Praduman Choubey in Dhanbad

Business  /  Published 05.03.21

Flipkart: shell unit idea for US

Walmart Inc-owned Indian e-commerce giant Flipkart is exploring going public in the United States through a deal with a blank cheque firm, although a traditional stock market listing is much more like...
By The Telegraph in Bangalore

Business  /  Published 17.02.21

Tatas, BigBasket near deal

The Tata group is reportedly picking up 68 per cent in online grocer BigBasket for Rs 9,500 crore a deal that could see the exit of Alibaba and some other investors. According to a TV report on Tuesd...
By Our Special Correspondent in Mumbai


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