Arvind Fashions to acquire 31.25% stake of Flipkart in Arvind Youth Brands for ₹135 crore

[ad_1] Arvind Fashions Ltd on Monday said it will acquire Flipkart group’s 31.25% stake in Arvind Youth Brands Pvt Ltd for ₹135 crore. Arvind Youth Brands Pvt Ltd (AYBPL) is currently engaged in the business of wholesale and retail of apparel and accessories under the brand name ‘Flying Machine’. It had a turnover of ₹432.16 […]

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Enforcement Directorate offers Flipkart to close FEMA violation case by paying penalty, admitting mistake

[ad_1] Flipkart has been under ED scrutiny for alleged breach of FEMA provisions. | Photo Credit: Reuters The Enforcement Directorate (ED) is learnt to have offered the option of closing a FEMA violation case against e-commerce major Flipkart if the Walmart group firm admits its mistake and pays a penalty, sources aware of the development […]

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India to tap Amazon, Flipkart data directly in inflation revamp, roll out services index

[ad_1] India had about 270 million online shoppers in 2024, a figure projected to grow 22% annually, a private study showed. | Photo Credit: Reuters India will start sourcing price data directly from e-commerce giants including Amazon and Walmart-owned Flipkart to overhaul its benchmark inflation gauge, aiming to capture shifting consumption habits and address concerns […]

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Amazon launches Echo Show 5 third generation with new features at Rs 10,999

[ad_1] Amazon, on Tuesday, July 29, launched the third-generation Echo Show 5 smart display with Alexa in India. The new Echo Show 5 third gen comes with an upgraded speaker, an in-built camera, and smart home controls.  The 5.5-inch touch screen of the Amazon Echo Show 5 features rounded corners and an infinity cover glass. […]

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Flipkart Freedom Sale to roll out August 1: A look at top deals

[ad_1] Flipkart has announced that its 2025 Freedom Sale will go live on August 1 for Plus subscribers, with access opening to all users from August 2. Early access remains one of the key benefits of Flipkart Plus, along with additional savings such as a 10 per cent discount when using Super Coins on top […]

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Oppo launches entry-level tablet Pad SE in India: Features, pricing details, and more

[ad_1] Oppo on Saturday, July 12, launched the all-new Pad SE. The newly unveiled Android tablet has a 11-inch display with 500 nits peak brightness and a refresh rate of 90 Hz. It comes in two different colours. The entry-level tablet runs on ColorOS 15 and is equipped with a MediaTek CPU. It packs a […]

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iPhone 16 price drop: Check how Flipkart and Amazon are making Apple device cheaper

[ad_1] In case you missed the Amazon Prime Day sale, do not worry. If you are planning to buy an iPhone 16, popular e-commerce platforms like Flipkart and Amazon continue to give some lucrative deals. The iPhone 16, launched in 2024, continues to be one of the most popular devices among consumers worldwide.  The latest […]

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Vivo unveils T4 Lite 5G powered by Dimensity 6300, price starts at Rs 9,999

[ad_1] Vivo has announced its most affordable 5G smartphone in India. The all-new T4 Lite 5G is powered by the Dimensity 6300 5G processor that is claimed to offer seamless daily performance. The device sports a sleek design with a frame that is inspired by a liquid metal texture and is offered in Titanium Gold […]

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Flipkart no longer has ownership in PhonePe

[ad_1] PhonePe ATM stickers outside a shop in Delhi. | Photo Credit: Getty Images. Bengaluru E-tailer Flipkart and PhonePe on Friday, December 23, 2022 announced the full ownership separation of PhonePe, a digital payments platform. As part of this transaction, existing Flipkart Singapore and PhonePe Singapore shareholders, led by Walmart, have purchased shares directly in […]

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Engaging e-commerce players to push sales of goods produced by tribals: Dharmendra Pradhan

[ad_1] Union Minister Dharmendra Pradhan said that steps are being taken to enhance the production and marketing of forest produce of tribal communities. File | Photo Credit: PTI The government is taking steps to enhance the production and marketing of forest produce of tribal communities and engaging with e-commerce players like Amazon and Flipkart to push […]

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