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NEW DELHI, India: India's antitrust body has asked the Supreme Court to hear legal challenges to an investigation of Amazon and Walmart's Flipkart e-commerce platforms. The body says those challenges, filed by Samsung, Vivo, and others at Indian high courts, aim to scuttle the probe. On December 3, the Competition Commission of India (CCI) asked the court to consolidate 23 lawsuits filed by Samsung, Vivo, and several Amazon and Flipkart vendors to speed up the resolution of an ongoing investig ...Read More >
NEW DELHI (Reuters) -- Samsung has accused India's competition watchdog of unlawfully detaining its employees and seizing data in a raid carried out in connection with an antitrust investigation on Amazon and Walmart's Flipkart, a legal filing shows. Samsung is embroiled in the Competition Commission of India's (CCI) investigation that in August concluded that the South Korean giant and other smartphone companies broke antitrust laws by colluding with Amazon and Flipkart to exclusively launch p ...Read More >
Bengaluru, December 11: Flipkart-subsidiary Myntra was recently cheated by fraudsters who allegedly stole over one crores rupees this year during March and June. The scammers attacked the e-commerce company by exploiting some loopholes related to the Myntra policy and looted the money. The firm reported a loss of INR 1.1 crore in Bengaluru and INR 50 crore nationwide as the scammers abused the complaints and refund options. According to the reports, the crooks who ran the Myntra refund scam wer ...Read More >
NEW DELHI : Amazon is taking the fight to India's quick commerce startups. Starting this December, the e-commerce giant will roll out 15-minute delivery in Bengaluru, targeting top-selling items like groceries and daily essentials. The move marks Amazon's response to growing competition from ultra-fast delivery players, a segment reshaping consumer expectations in India. Read this | CCI enlists attorney general R Venkataramani to clear path for Amazon, Flipkart antitrust probes "On the speed ...Read More >
Phase I of the 2024-25 placement season at IIT Kharagpur started on December 1. Within the first 24 hours, the graduating batch received over 800 job offers, including pre-placement offers (PPOs). The recruitment drive saw strong participation from leading global firms despite a challenging job market, says IIT-K. Advertisement https://images.indianexpress.com/2020/08/1x1.png As many as nine students received offers exceeding Rs 1 crore, with the highest package reaching Rs 2.14 crore. 13 stu ...Read More >
Bengaluru (Karnataka) [India], December 5: MoEngage, a leading insights-led customer engagement platform, announced today that it has achieved the Amazon Web Services (AWS) Consumer Goods Competency. As an AWS Partner, MoEngage has earned the AWS Consumer Goods Competency designation, which recognizes its expertise in delivering validated solutions to help consumer goods brands overcome operational challenges within the industry. By leveraging deep industry knowledge and proven AWS solutions,MoE ...Read More >
NewsVoir New Delhi [India], December 4: OPPO India's latest flagship smartphone series, the OPPO Find X8 Pro and OPPO Find X8, is on sale starting - 3rd December 2024 across the OPPO e-store, Flipkart, and mainline retail outlets. The Find X8 series is a blend of cutting-edge performance, premium design, and innovative camera technology, complemented by exciting launch offers. Pricing & Launch Offers * OPPO Find X8 Pro (16GB + 512GB) is priced at INR 99,999 and can be got for as low as INR 82 ...Read More >
Also Read: HMD Fusion with 108MP camera and Gaming Outfit launched in India: Check specs, features and more Starting with the price, the HMD Fusion is available for ₹17,999 for the 8GB + 256GB model. In comparison, the Samsung Galaxy A16 5G costs ₹18,999 for the 8GB + 128GB model. You can also choose the 256GB variant, which will set you back ₹21,999. That said, you can find the Samsung Galaxy A16 at a cheaper price, especially on websites like Flipkart and Amazon, bringing the price much clo ...Read More >
Flipkart is launching "Flipkart Minutes," a 10-minute medicine delivery service in select metro cities, leveraging its last-mile delivery network and partnerships with licensed local pharmacies. Targeting a high-demand market, this service aims to differentiate with swift logistics, competitive pricing, and free delivery, with plans to expand to more major Indian cities. ...Read More >
Oppo recently announced its latest flagship smartphones, the Find X8 and Find X8 Pro, in India. Starting today, both handsets are available for purchase via online and offline platforms. In addition to this, Oppo is also offering additional bank discounts, easy no-cost EMI options and other benefits on the purchase. Oppo Find X8 and Find X8 Pro: Price and availability Oppo Find X8 is available in two variants. The 12GB + 256GB variant costs Rs 69,999, and the 16GB + 512GB variant costs Rs 79, ...Read More >
IIT Bombay Placement: The Indian Institute of Technology (IIT) Bombay has kicked off its placement season, with a student securing an impressive Rs 2.2 crore job offer from Da Vinci Derivatives, a fintech trading company. The prestigious institute witnessed a strong start to the placement season, with over 40 companies participating on the first day itself. This year, IIT Bombay students have already bagged 258 pre-placement offers (PPOs). Several multinational and Indian giants, including pro ...Read More >
Over 40 companies, including WorldQuant and IMC, join IIT Bombay's placements The final placement process for 2024 kicked off on Sunday at premier IITs, including Delhi, Bombay, Madras, Kanpur, Roorkee, Kharagpur, Guwahati, and BHU. Students have started receiving impressive job offers, highlighting the robust demand for talent from these institutions. The placement season at IIT Bombay began with great enthusiasm, with more than 45 companies taking part on the opening day. A standout moment c ...Read More >
The Competition Commission approved Alphabet's Shoreline International Holdings LLC's stake acquisition in Flipkart, a Walmart group firm. This involves share subscription, further cementing Alphabet's investment strategy in Indian e-commerce. Meanwhile, MUFG Bank increased its stake in DMI Finance, reflecting rising strategic investments in India's financial services sector. The Competition Commission on Tuesday approved a significant transaction between Alphabet's subsidiary, Shoreline Intern ...Read More >
Vodafone Idea, India's third-largest telecom operator is still lagging behind the race of 5G network in India, and have been facing increasing pressure from its competitors (Airtel and Jio) due to this. To retain its user base, the company has further introduced several affordable recharge plans which come bundled with a budget-friendly 84-day offer. The company offers an 84-day plan at Rs 509 that provides the following benefits: Once the high-speed data limit is exhausted, users will be able ...Read More >
A Datum Intelligence report claimed that ecommerce GMV for the festive season crossed the INR 1 Lakh Cr mark in 2024, as against INR 81,000 Cr in 2023 and INR 69,800 Cr in 2022 After all the buzz around the fight between ecommerce marketplaces and quick commerce giants, how did Amazon India fare in the 2024 festive season sales? For the US-based ecommerce giant, the Great Indian Festival, which ran throughout October this year, the biggest takeaway is that Indian online shoppers are rapidl ...Read More >
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