The Competition Commission of India (CCI) has urged the Supreme Court to consolidate all the cases against e-commerce giants Amazon and Flipkart in the country to expedite the antitrust probe.
Uttar Pradesh Chief Minister Yogi Adityanath on Friday highlighted the transformative impact of e-commerce platforms, describing them as catalysts for a new era of opportunities.
In a statement, Flipkart said it has added Google as a "minority investor" in the e-commerce platform as part of the latest funding round led by Walmart.
E-commerce marketplace Flipkart on Sunday launched its Unified Payments Interface (UPI) handle to further enhance its digital payment offerings for all customers, including its 500+ million customers.
“To sweeten the deal, realme is offering limited-time offers worth Rs 3,000+ on the pre-order of the realme 12+ 5G (8GB+128GB),” the company informed.
In a letter to the DPIIT Secretary, Guruprasad Mohapatra, the traders' body said: "Our association has been requesting your good office to take appropriate steps and investigate, punish and penalize the multinational companies like Amazon and Flipkart (owned by foreign multinational company 'Walmart', interchangeably used hereinafter) for the blatant violation and/or by exploitation of the loopholes of the FDI policy and Foreign Exchange Management Act."
The team will work towards accelerating the company's efforts to provide deeper camera experiences, virtual storefronts and new opportunities for brand advertising on its platform.
The promoter and promoter group companies of ABFRL will hold about 55.13 per cent upon completion of the issuance.
Flipkart Group will strengthen the range of brands offered on its e-commerce platforms Flipkart and Myntra.
The company said that it also launching a Gift Card Store catering to customer needs across 60 brands such as Joyalukkas, Kalyan Jewellers, Croma, FabIndia and KFC among others.
