Welcome to Top Store

Best Products at Best Prices

0$0.00

No products in the cart.

Tag: amazon video

Flipkart logs loss of Rs 3,837 crore in 2018-19, Retail News, ET Retail

NEW DELHI: Flipkart India, the B2B arm of Walmart-owned Flipkart, has registered a higher loss of Rs 3,836.8 crore during 2018-19 as compared to the previous financial year, according to regulatory documents. The unit had posted a loss of Rs 2,063.8 crore for the financial year ended March 31, 2018, documents filed by Flipkart India …

Flipkart logs loss of Rs 3,837 crore in 2018-19, Retail News, ET RetailRead More

Walmart CEO writes to PM, seeks stable business environment, Retail News, ET Retail

NEW DELHI | BENGALURU: Walmart chief executive Doug McMillon has written to Prime Minister Narendra Modi, seeking certainty and predictability in India’s business environment, people familiar with the matter said. Changes in foreign direct investment rules for ecommerce marketplaces late last year had upset Walmart-owned Flipkart and rival Amazon, and forced them to overhaul their …

Walmart CEO writes to PM, seeks stable business environment, Retail News, ET RetailRead More

Private brands biz of e-tailers under scanner, Retail News, ET Retail

NEW DELHI: Private brands and digital payments businesses of online giants Amazon and Flipkart have come under the government scanner with the department for promotion of industry and internal trade (DPIIT) having asked the companies to submit various details about the same. The DPIIT has sought several details, including total percentage of sales that come …

Private brands biz of e-tailers under scanner, Retail News, ET RetailRead More

Vijay Shekhar Sharma, Retail News, ET Retail

New Delhi: Paytm founder Vijay Shekhar Sharma on Monday said he expects Paytm Mall – the company’s e-commerce unit – to break even in a year’s time. Sharma maintained that Paytm will consider getting listed on stock exchanges only after 2021 when the financial services company starts generating cash. “Paytm Mall business is close to …

Vijay Shekhar Sharma, Retail News, ET RetailRead More

Walmart plans to spin off PhonePe from Flipkart, Retail News, ET Retail

New Delhi: Global retail major Walmart Inc is planning to demerge PhonePe, the payment system and digital wallet company of Flipkart, so that its ownership will be vested directly with the US retail giant, two people familiar with the transaction told ET. The proposed move will pave the way for Walmart to get into India’s …

Walmart plans to spin off PhonePe from Flipkart, Retail News, ET RetailRead More

CAIT alleges violation of FDI policy by Flipkart, Amazon; companies reject, Retail News, ET Retail

NEW DELHI: Traders’ body CAIT on Friday alleged that e-commerce firms Amazon and Flipkart have violated foreign direct investment norms by indulging in predatory pricing, a charge which was rejected by the two companies. The Confederation of All India Traders (CAIT) flagged these allegations in a meeting called by the Department for Promotion of Industry …

CAIT alleges violation of FDI policy by Flipkart, Amazon; companies reject, Retail News, ET RetailRead More