Tag: Flipkart

IIM Calcutta achieves 100% placement

IIM Calcutta achieves 100% placement

Kolkata: IIM Calcutta, one of the premier B-Schools of the country, has achieved 100 per cent placement on the first day, a statement from the institute said here. In all, 123 companies from diverse sectors participated in the placement process for the 54th batch of the institute’s flagship Post-Graduate Programme[Read More…]

Walmart may exit Flipkart due to new FDI rules: Morgan Stanley

Walmart may exit Flipkart due to new FDI rules: Morgan Stanley

New Delhi: Retail giant Walmart may exit Flipkart after India’s new Foreign Direct Investment (FDI) norms for e-commerce companies came into force, US investment banker Morgan Stanley has warned. “An exit is likely, not completely out of the question, with the Indian e-commerce market becoming more complicated,” the report by[Read More…]

Centre tightens e-commerce norms to protect offline stores

New Delhi: The government on Wednesday tightened e-commerce norms and barred online retail firms like Amazon and Flipkart from selling products of companies in which they have stakes, Ministry of Commerce and Industry said in a statement. The online retail firms (e-commerce marketplace entity) are also prohibited from mandating any[Read More…]

Flipkart's Jabong may lay off 50 percent employees

Flipkart’s Jabong may lay off 50 per cent employees

Nothing seems to have been going right for the Walmart acquired multi-billion Dollar e-commerce giant Flipkart. Soon after Binny Bansal stepped down from his post of the chief executive over allegations of “personal misconduct”, reports have emerged that Jabong may lay off up to 50 per cent of its employees. Arecibo[Read More…]

Latest Update