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India"s online sellers to appeal against competition commission"s Flipkart ruling

A group representing online sellers in India will appeal against the Competition Commision of India's (CCI's) ruling in favour of Walmart-owned Flipkart, the group's lawyer Chanakya Basa said in a release on Saturday......»»

Category: topSource: reutersJan 12th, 2019

Walmart faces major India test over unit Flipkart"s legal spat with startup

An Indian startup's legal challenge against a Walmart unit claiming losses caused by sharp discounting of its products is winning support from other online sellers, in what is shaping as a key test of how the giant retailer operates in the country......»»

Category: topSource: reutersJun 4th, 2019

Google files plea in NCLAT against CCI penalty for "search bias"

Competition Commission of India imposed a 1.36 billion rupees fine on Google, saying it was abusing its dominance in online web search.....»»

Category: topSource: business-standardApr 10th, 2018

Online sellers" body moves CCI against Flipkart for abusing position

The association urged that Flipkart India (wholesale arm) should immediately be asked to stop selling goods at discount.....»»

Category: topSource: business-standardMay 21st, 2018

U.S. regulator opposes Qualcomm"s effort to put antitrust ruling on hold

The U.S. Federal Trade Commission on Tuesday said in a court filing that mobile chip supplier Qualcomm Inc should not be allowed to put a sweeping antitrust ruling against it on hold as it pursues an appeal......»»

Category: topSource: reutersJun 11th, 2019

New Supreme Court ruling impacts sales tax for online sellers (video)

On June 21 the United States Supreme Court came down with a landmark ruling in the South Dakota v. Wayfair case. The ruling of this case will impact sales tax compliance for all types of sales in all industries, not simply internet sales. How will.....»»

Category: topSource: bizjournalsJun 1st, 2019

SoftBank leads $200 million investment in India"s Grofers

Japan's SoftBank Group Corp has led an investment round of more than $200 million in online grocery startup Grofers India through its Vision Fund, the New Delhi-based company said on Wednesday, upping competition in a hotly chased market in the country......»»

Category: topSource: reutersMay 15th, 2019

Ignore CCI at your own peril

What is the role of the Competition Commission of India in the insolvency resolution process?.....»»

Category: topSource: business-standardApr 24th, 2018

Amazon and Walmart take their fight to India

Walmart and Amazon are reportedly battling to buy out India's online retail giant Flipkart......»»

Category: topSource: moneycentralApr 13th, 2018

Binani Cement bankruptcy case: SC refuses to allow out-of-court settlement

UltraTech Cement had informed the stock exchanges that it had obtained the Competition Commission of India's (CCI) approval for its bid for the under-debt company.....»»

Category: topSource: business-standardApr 13th, 2018

"Rightsizing" Competition Commission of India: Costs may outweigh benefits

The impact though will be on the contentious issue of breaking potential monopoly or abuse of market dominance.....»»

Category: topSource: business-standardApr 7th, 2018

Amazon offers to buy 60 percent stake in India"s Flipkart: CNBC-TV18

(Reuters) - Amazon.com Inc has made a formal offer to buy a 60 percent stake in Indian online retailer Flipkart, CNBC-TV18 reported on Wednesday, citing sources......»»

Category: topSource: reutersMay 2nd, 2018

Amazon offers to buy 60 percent stake in India"s Flipkart, report

Amazon follows Walmart with a bid for India's online retailer......»»

Category: topSource: foxnewsMay 2nd, 2018

Walmart Picks a Freewheeling Partner for Its $15 Billion Passage to India

Walmart, a buttoned-up behemoth from Arkansas, is poised to spend $15 billion for a 75% stake in India‚Äôs free-wheeling online-sales giant, Flipkart, which has burned through mountains of cash......»»

Category: smallbizSource: wsjMay 7th, 2018

Is Walmart buying Flipkart? SoftBank"s CEO thinks so

Walmart has agreed to buy India's leading online retailer Flipkart, one of the startup's major investors said Wednesday......»»

Category: topSource: cnnMay 9th, 2018

Walmart is buying India"s Flipkart

Walmart has agreed to buy India's leading online retailer Flipkart, paying $16 billion for a controlling stake of 77%......»»

Category: topSource: moneyMay 9th, 2018

Walmart rushes into India, paying $16B for stake in Flipkart

Walmart is paying $16 billion for a controlling stake in India's giant online retailer Flipkart, breaking into a fast-growing economy where it has struggled to establish a foothold......»»

Category: topSource: foxnewsMay 9th, 2018

Walmart is spending $16 billion for a 77 percent stake in India"s online retailer Flipkart

Walmart is spending $16 billion for a 77 percent stake in India's online retailer Flipkart......»»

Category: topSource: foxnewsMay 9th, 2018

Walmart outbids Amazon with Flipkart deal as online retail rivalry extends to India

Walmart is seizing control of the largest e-commerce company in India as the big-box chain's war with.....»»

Category: topSource: usatodayMay 9th, 2018

Walmart to buy controlling stake in India"s Flipkart

Walmart has agreed to pay $16 billion for a roughly 77 percent stake in Indian online marketplace Flipkart, the U.S. retailer's largest deal as it opens up another front to battle rival Amazon in one of the world's fledgling e-commerce markets......»»

Category: topSource: moneycentralMay 9th, 2018

Walmart makes big bet in India, pays $16B for Flipkart stake

Walmart is paying $16 billion for a controlling stake in India's giant online retailer Flipkart, breaking into a fast-growing economy where it has struggled to establish a foothold......»»

Category: topSource: foxnewsMay 9th, 2018