E-Commerce In India

After months of speculations and uncertainties, today, Walmart has formally announced Flipkart's acquisition where they have paid $16 billion for a 77 percent stake in one of India's largest e-commerce companies.

The new business model has helped Snapdeal to cut down its running expenses. The company has successfully reduced its monthly operating costs to about $1 million from $8-10 million in 2017. The company is targeting to have a positive…

Unconfirmed reports have started trickling in, indicating that the mega-deal of Indian e-commerce has been finalized. Walmart has agreed to pay whopping $16 billion to acquire 73% stake in Flipkart. Google’s parent company Alphabet has…

As per the amendments made to the Consumer Protection Bill, from now on, e-commerce portals like Amazon, Flipkart and others will be held responsible if the consumers get a fake product, or gets fake claims related with the product they…

Flipkart Wins Tax War! Income Tax Appellate Tribunal, which deals with tax issues under Direct Taxes Acts, has ruled that Flipkart is being incorrectly taxed. In their ruling, IT Appellate Tribunal has ordered Income Tax Department to…

The summer mega sales are ready, and both Flipkart and Amazon will go head to head in the month of May. It is going to be a treat for the consumers as more competition means cheaper prices and heavy discounts. The e-commerce rivals are…

Within a few years of its launch in India, this US-based e-commerce company has become one of the largest organisations in the country. With millions of active users and lakhs of orders placed every day, Amazon has become the…

If e-commerce portals and online sellers thought that GST reductions will be profits for them, then they will have to think hard now. National Anti-Profiteering Authority has indicated that e-commerce companies would be soon asked about GST…

In a bid to give Indian sellers a wider coverage and global exposure, Amazon is letting its sellers sell their products outside India. Amazon India Global Business for the merchants in India has now opened up foreign markets in Australia,…

After Income Tax Dept. asked Flipkart to pay a tax of Rs 110 crore for the financial year 2015-16, they approached IT Appellate Tribunal, challenging the tax demand. The case is right now underway, as lawyers from both the sides are arguing…