The digital retail giant Flipkart, which is owned by Walmart, has finally finished transferring its holding company domicile from Singapore to India. In preparation for a possible domestic public offering, it is a critical structural step for the company. A representative from Flipkart said that the company's internal
Several news outlets have reported that, following performance reviews, Flipkart had asked 250–300 staff to resign this year. As is common practice in the business, around 1-2% of employees are let go each year as part of performance management. This round of layoffs affects about 2% of the workforce.
The Bharat Interface for Money (BHIM) of NPCI outpaced FamApp and Kunal Shah-led CRED in terms of UPI transaction volume in January. It processed 17.2 Cr transactions totalling INR 22,025.9 Cr over the specified month. Additionally, the app's market share rose from 0.7% in
Myntra, a leading fashion e-commerce company, is consolidating its operations and laying off workers. The goal of the exercise is to relocate its satellite operations from Gurugram to Bengaluru. While some positions will be eliminated, others will be consolidated into bigger teams centred in Bengaluru. Fifty people from the supplier
In an effort to expand its core businesses and improve governance, the Flipkart Group appointed two senior executives. Among the new appointments are Jason Chappel to the position of VP and group controller and Amer Hussain to the position of VP of supply chain for groceries and Flipkart Minutes. Flipkart&
The Central Consumer Protection Authority (CCPA), a consumer watchdog, fined Amazon, Meesho, Meta, and other e-commerce sites for selling walkie-talkies illegally, claiming that thousands of listings violated consumer and telecom regulations. In addition to a number of smaller merchants and websites, the CCPA reported that it discovered over 16,900
In an effort to draw in early-stage merchants looking to expand online, Myntra announced that it has implemented a zero-commission scheme for new Indian direct-to-consumer firms joining its marketplace. The programme,e, which is a component of its Myntra Rising Stars initiative, is applicable to domestic fashion, beauty, and lifestyle
On December 29, Arvind Fashions Ltd announced that it would pay INR 135 crore to purchase the Flipkart group's 31.25% share in Arvind Youth Brands Pvt Ltd. Under the brand name "Flying Machine", Arvind Youth Brands Pvt Ltd (AYBPL) presently operates a wholesale and retail
According to various media reports, Walmart-owned online retailer Flipkart has been given permission by the National Company Law Tribunal (NCLT) to move its headquarters from Singapore to India. This move brings the company one step closer to its eagerly awaited public listing on Indian exchanges. The Bengaluru-based online retailer has
With 53 million distinct transacting clients, Flipkart Minutes, the company's fast commerce platform, saw a 16X increase in the second half of the year. Flipkart Minutes saw significant growth during the holiday season, with demand for products like jewellery, high-end gadgets, home décor, and mobile phones increasing by
According to an Economic Times report, Amazon India has eliminated the referral fee for sellers of goods under INR 1,000 until December 31. Depending on the product category, the referral fee, a commission that Amazon charges for every sale, normally varies from 2 to 16.5%. The waiver was
According to documents published on the Securities and Exchange Board of India's (Sebi) website, Flipkart-backed logistics company Shadowfax Technologies has been given the go-ahead to move on with its IPO. In the week ending October 10, Sebi released its comments regarding the company's pre-filed draft. In
According to various media reports, the Enforcement Directorate (ED) has offered to close a FEMA violation case against the Walmart group company Flipkart, provided it acknowledges its error and pays a fine. Flipkart was granted the option last week by the Enforcement Directorate in accordance with the Foreign Exchange Management
Through a block sale valued at INR 950 Cr (about $114 million), Flipkart Investments, the investment vehicle of the e-commerce powerhouse Flipkart, is reportedly diluting its whole 6% stake in Aditya Birla Lifestyle Brands Ltd (ABLBL). Flipkart plans to sell 7.3 Cr shares at a base price of INR
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A few years ago, selling online in India meant figuring out Amazon or Flipkart and hoping for the best. Today, things look very different. Small businesses, local shopkeepers, even individual resellers now have dozens of platforms to choose from; some built for specific niches like fashion or electronics, others open
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Navratri is popularly known as the nine nights of celebration, worship, and playing garba. Every year, this festival brings a lot of people together in joy, tradition, and cultural pride. In 2025, several brands have also stepped into the festive mode with different Navratri advertising ideas to attract audiences in
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As India is gearing up for its biggest festive season, two popular household names, Amazon and Flipkart, are preparing for another high-stakes sales face-off. This year, it is not about huge discounts or midnight flash sales. The backdrop is far bigger, as it is the rollout of GST 2.0,
In an effort to facilitate business dealings and spur the practice of "reverse flipping", which involves Indian start-ups and other companies moving their domicile from abroad to the country, the government has expanded the fast-track route for approval of mergers and amalgamations to include more categories of companies.
The e-commerce company Flipkart announced that it had purchased the majority of Pinkvilla India Private Limited, a well-known online infotainment platform. The purchase is a component of Flipkart's plan to use Pinkvilla's reputation, skills, and devoted following to increase its content presence and improve interaction with
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As India gears up to celebrate its 79th Independence Day on August 15, 2025, e-commerce giants are turning the celebration into a battleground where deals, discounts, and digital shopping carts are skyrocketing too. Each brand has launched a mega campaign, teasing early-access perks, bank discounts, flash deal mechanics, and brand-exclusive
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In India, festivals are where cherished traditions meet heartfelt connections, and Raksha Bandhan perfectly captures that beautiful sibling relationship! From childhood memories to today's loving teasing, this festival celebrates every aspect of the brother-sister bond. Rakhi is just around the corner, and we're just as excited
Walmart International is approaching Flipkart's expansion cautiously, giving market share and long-term potential precedence above immediate financial gain. Kathryn McLay, president and CEO of Walmart International, stated during the 41st annual strategic decisions conference hosted by Bernstein that the company is dedicated to growing Flipkart in a sustainable
Walmart-owned Flipkart has been going through a significant leadership transition amid ambitions for a public listing. According to reports, at least four executives have resigned from their posts, including three other VPs and a senior vice president (SVP). Anurag Singhvi, VP and head of analytics; Prajakta Kanaglekar, VP and head
The US intends to pressure Prime Minister Narendra Modi's administration for e-commerce fairness in extensive negotiations on a US-India trade deal that will include industries like food and automobiles.