In a big growth, Praveen Khandelwal, Member of Parliament from the ruling Bhartiya Janata Social gathering (BJP), has written to the Commerce and Trade Minister Piyush Goyal, urging immediate motion by the federal government towards e-commerce giants Flipkart and Amazon for his or her anti-trust breaches. This follows an in depth investigation by the Competitors Fee … Read more
The finalisation of the much-anticipated Digital Competitors Invoice (DCB) could encounter delays following the Centre’s determination on Friday to switch MCA Secretary Manoj Govil to the function of Expenditure Secretary within the Finance Ministry, say financial system watchers. It’s because Govil, a key votary of DCB, was on the helm of an important legislative initiative … Read more
Property Share, a tech platform for business actual property investments, has launched its first India warehousing asset on its platform and plans to boost ₹192 crore from it. The asset, a Grade A warehouse in Jaipur on Ajmer Street, is leased to Flipkart. The asset contains three packing containers of 528,631 sq. ft of which … Read more
Flipkart, an e-commerce market, has launched its UPI service for on-line and offline funds inside and outdoors its app. For a particular buyer expertise, loyalty options like Supercoins, Cashbacks, Milestone advantages and model vouchers will likely be made accessible submit the UPI launch, firm stated in launch. Additionally learn: Flipkart mafia: How Flipkart’s legacy fuels … Read more
Walmart-backed e-commerce Flipkart’s co-founder Binny Bansal has stepped down from the board of the corporate with Sachin Bansal, after serving greater than 16 years on the agency. Additionally learn: Flipkart leads e-comm market with 48% share, Meesho fastest-growing platform: Bernstein This resolution comes after Binny Bansal bought his remaining stake within the agency. His different … Read more