Walmart on Wednesday announced that it reached a $16 billion deal to buy a majority stake in Flipkart, India’s leading e-commerce platform, reports The Ne...
Flipkart, India’s top e-commerce group, appointed Kalyan Krishnamurthy as its new CEO, replacing co-founder Binny Bansal on Monday. Bansal has been placed to become the Group CEO.
Krishnamurthy had joined Flipkart from Tiger Global, the leading investor in the e-commerce major in June last year. He has been deeply involved in the company’s overhauling process. He was heading the category design organisation at Flipkart, since joining the firm.
Filpkart does it again. Flipkart delivers nirma soap for a consumer who ordered for a Samsung Galaxy Note 4 smartphone. A cheating case has been registered against flipkart for the same.
It was a shocking moment for Anand Bhalakia, who works in an IT firm, a resident of Walkeshwar who when opened the parcel in excitement for his Samsung Galaxy Note 4 but what he received is a Nirma Bar Soap.
Placements in start-ups at Indian Institutes of Management (IIMs) seem to be stuggling, months after the process was completed.
Flipkart, CarDekho and Hopscotch had told the IIMs that joining dates for students recruited from IIM Bangalore have been deferred by three to six months.
Flipkart paid Rs 1 crore each to 23 employees last year
To attract talent at senior levels, new age firms like Flipkart are paying more than Rs 1 crore a year for over 23 employees in 2014 as salary. According to Registrar of Companies, the e-commerce giant spends Rs 476 crore on employee benefit expenses alone last year.