E-commerce & Marketplaces
Companies E-commerce & Marketplaces

Supreme Court Says Tiger Global’s Flipkart Exit Is Taxable

Supreme Court is due to rule on whether capital gains tax applies to Tiger Global’s 2018 sale of its Flipkart stake to Walmart, a case closely watched by foreign investors for its implications on tax treaty interpretation.

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E-commerce & Marketplaces

74% Consumers Back Curb On 10-minute Deliveries

A LocalCircles survey shows 74 per cent of quick-commerce users support the government’s decision to stop advertising 10-minute deliveries, prioritising rider safety over speed.

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E-commerce & Marketplaces

Zepto, Blinkit, Swiggy Instamart Retreat From 10-minute Delivery Promise

Blinkit, Swiggy Instamart and Zepto have rewritten app-store descriptions to drop fixed 10-minute delivery claims following labour ministry concerns over delivery pressure on gig workers.

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E-commerce & Marketplaces

Labour Minister Moves To Curb 10-minute Delivery Amid Safety Concerns: Report

The Centre has urged quick-commerce platforms to drop 10-minute delivery branding amid safety concerns for gig workers, following labour ministry talks and growing scrutiny of ultra-fast delivery models.

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Companies E-commerce & Marketplaces

Centre Pushes Platforms To Drop 10-min Deliveries, Ultra-fast Race Faces Reset

In a major development, Union Labour Minister Mansukh Mandaviya has secured agreement from major delivery aggregators to remove the mandatory ten-minute deadline

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E-commerce & Marketplaces

Meesho’s Board Approves Incorporation Of Logistics Subsidiary

The main objectives include engaging in the business of logistics service provider and undertake activities relating to loading, unloading, in-transit storage, handling and trans-shipment of goods through third-party service providers

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E-commerce & Marketplaces

Zepto Denies Association With Hyderabad Delivery Worker’s Accident

Expressing condolences over the accident, the quick commerce company stated that the individual mentioned was not associated with Zepto

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Companies E-commerce & Marketplaces

Myntra Brings Zero Commission Model For India’s Emerging D2C brands

As part of the Myntra Rising Stars (MRS) program, this model is designed to help brands seeking to expand their digital presence

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Companies E-commerce & Marketplaces

Flipkart Names Gunjan Bhartia As SVP, Business Finance

In this role, he will lead eKart Business Finance across all verticals, strengthening financial planning and strategic transformation

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Companies E-commerce & Marketplaces

Eternal Gets GST Demand Order With Interest, Penalty Worth Rs 3.7 Cr

The demand order has been received with respect to short payment of output tax with interest and penalty thereon

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