 | Ban on e-pharmacy: Companies ask for more time to submit replyMeanwhile, Tata 1mg, the official said, has urged the government to withdraw the notice, claiming that it complies with all the provisions of law. |
 | Flipkart gets ITAT relief from Rs 1,700 tax demandThe Bangalore IT Appellate Tribunal (ITAT) on Thursday dismissed an appeal by the revenue department against a Commissioner of Income Tax (Appeal) order. |
 | PhonePe raises USD 350 million from General Atlantic at USD 12 billion valuationFounded in December 2015, PhonePe today has over 400 million registered users, and it has also digitised over 35 million offline merchants. |
| Pay up Rs 42K to customer, Flipkart toldThough the complainant paid the entire amount, Flipkart did not bother to deliver the mobile phone. |
 | PhonePe completes separation from FlipkartWalmart will remain the majority shareholder of both business groups. |
 | Walmart to buy controlling stake in Flipkart for USD 16 billionWalmart warned that it expects the deal to hit its fiscal 2019 earnings per share by 25 cents to 30 cents, if the deal closes as expected before the end of the second quarter. |
 | Walmart likely to announce Flipkart deal before end of weekThe Flipkart Group includes fashion portals Myntra-Jabong, payments unit PhonePe and logistics firm Ekart. |
 | CAIT seeks Industry Minister Suresh Prabhu's intervention in Flipkart-Walmart dealIt claimed that such a deal will ?encourage malpractices, loss funding and predatory pricing in e-commerce? |
 | CAIT demands scrutiny of proposed Flipkart-Walmart dealIt is really unfortunate that in spite of having a clear FDI policy, foreign companies are finding an escape route, whether it is in retail or e-commerce, CAIT said in a statement. |
 | Flipkart board stamp on Walmart deal; Alphabet Inc likely to invest tooFlipkart’s board has approved an agreement to sell around 75% of the company to a Walmart-led group for approximately $15 billion. |
 | Sellers on Flipkart jittery ahead of deal with Walmart: AIOVAThe deal with Walmart, involving primary and secondary shares, is expected to value Flipkart at about USD 20 billion. |
 | Flipkart buys back shares worth 350 million dollarsIt also began the process of converting Flipkart to a private limited company, changing its name to Flipkart Pte Ltd, the filings showed. |
| Walmart inches closer to sealing deal with FlipkartSources said all major investors in Flipkart, including SoftBank of Japan, are more or less on board with Walmart's purchase and the deal could be announced in the coming days. |
 | Flipkart aims to reduce returns further by 10-15 per cent this yearThe Bengaluru-based company has also reduced various charges like fixed fee, shipping fee and commissions for its sellers with effect from May 1. |
 | Amazon invests Rs 2,600-crore more in India to take on WalmartAmazon Chief Executive Jeff Bezos had earlier committed to invest a whopping USD 5 billion in India to cash-in on the rapid growth in e-commerce. |
 | Walmart could buy controlling stake in Flipkart as early as next weekWalmart Inc could seal a deal to buy a more than 51 percent stake in Indian online marketplace Flipkart as early as next week. |
 | Flipkart bets big on smart devices like wearables and smart home solutionsFlipkart has partnered tech giant Google to exclusively sell online the latter's 'Home' and 'Home Mini' voice-activated speakers. |
| Xiaomi eyes to set up more plants in IndiaTo buttress its presence in India, smart phone brand Xiaomi will set up more plants as well as add capacity in its existing plants. |
 | SoftBank Fund may invest up to USD 2 billion in FlipkartSoftBank, through SoftBank Vision Fund, is in discussions with Flipkart to invest between USD 1.5-2 billion, according to industry sources. |
| Flipkart completes eBay India mergerThe deal was announced in April when the Flipkart group raised USD 1.4 billion from global technology majors eBay, Tencent and Microsoft. |
