Bharti Airtel Launches Pan-India 4G Services
Aug 06, 2015
On January 10, 2017 14:55 (IST)
The highly competitive e-commerce market in India has driven players to offer steep discounts in a bid to snag market share. This in turn has raised concerns around profitability and dented valuations of many e-tailers including Flipkart.
On January 10, 2017 10:40 (IST)
The shake-up follows a series of valuation writedowns for Flipkart, which has seen its lead in the online market in India eaten into by global e-commerce giant Amazon.
On January 09, 2017 22:59 (IST)
Kalyan Krishnamurthy, currently heading the Category Design Organisation, will become the CEO of Flipkart.
On January 08, 2017 14:29 (IST)
Snapdeal, which is locked in an intense battle with rivals, Flipkart and Amazon, had started re-hauling its machinery last year and hopes to make returns on the investments starting this year.
On October 25, 2016 23:12 (IST)
Flipkart's head of commerce and advertising business Mukesh Bansal and chief business officer Ankit Nagori resigned from the company in February this year.
On September 22, 2016 15:07 (IST)
New-age retailer Flipkart's co-founders Sachin and Binny Bansal made a surprise exit from the Forbes list of India's 100 wealthiest people, while yoga guru Ramdev's close associate Balkrishna has entered the ranking with a net worth of $2.5 billion.
On March 28, 2016 11:08 (IST)
Founders of Indian E-commerce rivals Flipkart and Snapdeal took to Twitter to trade barbs at each other's companies over Chinese player Alibaba's entry into India.
On February 11, 2016 00:46 (IST)
E-commerce major Flipkart will continue to fund discounts to win customers and stay ahead of the competition while investing in back-end operations, the company's co-founder and chief executive Sachin Bansal said here on Wednesday.
On January 11, 2016 14:22 (IST)
Flipkart, India's biggest e-commerce company, on Monday said its chief executive and co-founder Sachin Bansal will step down and be succeeded by its other co-founder, Binny Bansal.
On January 11, 2016 13:52 (IST)
E-commerce major Flipkart on Monday announced that Binny Bansal, co-founder and COO, will be the new chief executive officer of the company. Co-founder Sachin Bansal, who is the current CEO, will be the executive chairman.
On May 30, 2015 16:47 (IST)
Yesterday, Flipkart co-founder and CEO Sachin Bansal had taken a dig at Snapdeal for saying India should not be blamed for the latter's failure to hire "great engineers".
On March 31, 2015 13:34 (IST)
The SoftBank Corp backed company trails Flipkart in India's $12 billion online shopping market, with Amazon.com Inc's India unit close behind in third place, as measured by gross merchandise volume.
On February 09, 2012 21:23 (IST)
E-commerce player Flipkart.com today acquired another online retailer Letsbuy.com for an undisclosed amount.