The much-anticipated initial public offering (IPO) FSN E-Commerce Ventures Limited, the parent company of online beauty and lifestyle products aggregator Nykaa, will open for subscription on October 28. A lot of buzz has been seen in the market regarding Nykaa’s public issue as it will be the second Indian tech…
New Delhi: The Supreme Court on Monday refused to halt an inquiry into Amazon and Flipkart’s business practices, rejecting demands by the e-commerce giants to pause a Competition Commission of India (CCI) probe. The CCI had ordered the investigation against the two companies last year, for allegedly…
Walmart’s Flipkart has appealed to the Supreme Court against a state court’s decision that allowed an antitrust probe into the e-commerce firm and its rival Amazon.com Inc to continue, three sources told Reuters on Tuesday. The High Court in Karnataka state last week dismissed cases filed by Amazon and…