On September 26, Madras High Court lawyer K Narasimhan alleged in his complaint to the DPIIT that e-commerce platform Flipkart is offering discounts at product level for select sellers and creating a non-competitive environment.
Tag: quick commerce
Distributors’ body expresses concerns over quick commerce firms’ deep discount practices
AICPDF warned that if FMCG companies fail to act against these ‘harmful practices,’ it will launch a mass non-cooperation movement against them.
Tata-owned bigbasket forays into electronics, to deliver iPhone 16 in 10 minutes
The company has plans to deploy 500-600 dark stores nationwide and link them with its warehouses to streamline delivery of both popular grocery items and non-grocery products
Former Cleartrip CEO to start quick commerce retail venture: Report
The venture will reportedly focus on delivering premium products across various categories such as FMCG, health and fitness, and fashion of both local and international categories
Zomato’s ad spendings rise by 84% to Rs 340 cr in Q1 FY25
The standalone net profit of Zomato in the first quarter stood at Rs 470 crore from Rs 276 crore in the same period in FY24