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Morgan Stanley lowers Flipkart's valuation by 15%
Fri, May 27, 2016
Signalling a tough road ahead for Flipkart, a mutual fund managed by Morgan Stanley has marked down the value of its shares in the Indian eCommerce major by 15.5%, valuing it at under $10 billion.
Flipkart delays joining of fresh recruits; here's what you can do
Fri, May 27, 2016
India's largest ecommerce company, Flipkart, is amidst another storm. IITs and IIMs are fuming as the company has delayed joining of fresh recruits from these colleges. The original date of joining was in June but now Flipkart told them to join in December.
Flipkart delays new recruits' joining by 6 months; IIM-A fumes
Thu, May 26, 2016
Flipkart said it has been working on restructuring its businesses to strike the right balance among key levers.
Mobiles Mania: Save upto Rs 15,000 as Flipkart offers ‘best deals’
Wed, May 18, 2016
Flipkart will offer flat 31% off on Motorola's Moto Turbo mobile while 21% off is set on Asus Zenfone 2 (4GB RAM) and 7% off on Apple iPhone 5S, the release said.
Flipkart investor Tiger Global cuts stake in Amazon; dissolves entire stake in Alibaba
Tue, May 17, 2016
Tiger Global Management, the largest investor in Indian e-commerce giant Flipkart, has reduced its stake in US rival Amazon by about two-third in the January-March 2016 quarter.
App-solute mistake: How mobile-only enthusiasm got the better of Myntra
Thu, May 05, 2016
Even Myntra's parent company Flipkart contemplated of going app-only but decided to refrain from doing so later.
Has Flipkart violated FDI norms with LeEco sale?
Wed, May 04, 2016
The Confederation of All India Traders (CAIT) has complained to the Department of Industrial Policy & Promotion (DIPP) for alleged violation of FDI guidelines in e-commerce by Flipkart.
Flipkart moves Gujarat High Court against 'entry tax'
Fri, Apr 29, 2016
Flipkart has filed a Public Interest Litigation (PIL) against Gujarat Government in Gujarat High Court.
Google launches new Chromecast, Chromecast Audio in India starting at Rs 3,399
Wed, Apr 20, 2016
With a new design, a wealth of fresh content and an updated app, the new Chromecast is easier to fit into TVs with crowded ports and turn it into a smart TV.
E-commerce valuations correct but Infibeam refuses to compromise
Thu, Apr 14, 2016
The company's issue seems highly expensive at current valuations and investors should give its IPO a miss, said IIFL in its research note.
Govt permits 100% foreign investment in e-commerce
Tue, Mar 29, 2016
The government on Tuesday permitted 100% FDI in the market place format of e-commerce retailing with a view to attract more foreign investments.