[ad_1] New Delhi: A consumer disputes redressal commission here found Flipkart guilty of adopting unfair trade practices and ordered it to pay a customer Rs 10,000 for the mental harassment he suffered after it cancelled his iPhone order. The cancellation was intentional to make extra profit, which amounts to …
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Flipkart Launches UPI Services In Partnership With Axis Bank; Details Here – News18
[ad_1] The in-house UPI facility will be spread across Flipkart group companies including, Myntra, Flipkart Wholesale, Flipkart Health+, and Cleartrip. The Flipkart UPI, launched in partnership with Axis Bank, will initially be available for Android users E-commerce company Flipkart on Sunday launched its unified payments interface (UPI) services for online …
Read More »Binny Bansal exits Flipkart board amid new startup launch – Times of India
[ad_1] MUMBAI: Binny Bansal has stepped down from the board of Flipkart, officially ending his association with the internet firm he had co-founded with fellow IIT Delhi alumnus Sachin Bansal in 2007. Flipkart which made its foray into the then-nascent local e-tail market with the launch of an online bookstore …
Read More »Binny Bansal exits Flipkart board – Times of India
[ad_1] MUMBAI: Binny Bansal has stepped down from the board of Flipkart, officially ending his association with the internet firm he had co-founded with fellow IIT Delhi alumnus Sachin Bansal in 2007. Flipkart which made its foray into the then nascent local e-tail market with the launch of an online …
Read More »Flipkart and Swiggy lay off employees – Times of India
[ad_1] MUMBAI: Swiggy and Flipkart are laying off employees, adding to the woes of the startup sector which has been grappling with a funding winter. Swiggy is letting go of about 350-400 employees or around 7% of its workforce as it attempts to check costs and move towards profitability, sources …
Read More »Swiggy To Announce 2nd Round Of Layoffs Amid Cost-Cutting Measures
[ad_1] New Delhi: Bangalore-based food delivery giant, Swiggy, is reportedly letting go of approximately 350-400 employees, constituting around 7 percent of its workforce. This move comes as part of the company’s strategy to control costs and move towards profitability, a trend observed among various tech startups. Impact On Tech Teams …
Read More »Flipkart May Reduce Workforce By Up To 7%, Affecting 1,500 Employees
[ad_1] New Delhi: E-commerce major Flipkart is reportedly planning to reduce its workforce by 5-7 per cent in early 2024 that may affect nearly 1,500 employees. The Walmart-owned company currently has around 22,000 employees. According to sources, Flipkart has initiated the exercise via performance reviews and the job cuts …
Read More »Flipkart’s B2C arm, FirstCry post steep losses in FY23, revenues expand – Times of India
[ad_1] NEW DELHI: India’s new age tech companies continue to remain deep in the red. Walmart owned e-commerce major Flipkart posted net losses of over Rs 4,000 crore in FY23. Data sourced from market intelligence platform Tofler showed that Flipkart Internet which runs the Flipkart e-commerce marketplace reported losses of …
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