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FLIPKART COMPLIANCE ISSUES
Supplier gaps, invoice compliance, credit access continue to hit 5 in 10 MSMEs: SurveyMSMEs are embracing digital procurement for better pricing and efficiency, yet face persistent hurdles in supplier management and payments.- India represents one of most dynamic opportunities in global commerce: Walmart CEOWalmart has sourced over $40 billion in goods from India, highlighting the country's significant role in global commerce. The retail giant ...
- Amazon CEO on Now growth; Big Tech dials up AI spendIn India’s hypercompetitive quick commerce space, Amazon CEO Andy Jassy said Now is growing fast. This and more in today’s ETtech Top 5.
- For FDI, E-comm exports must be in separate cartIndia is considering allowing FDI in inventory-based e-commerce exclusively for exports. This move aims to boost outbound shipments without...
- IRDA fined Flipkart Rs 1.06 crore for this insurance related violation; here’s how it impacts policy buyersIRDAI has penalized Flipkart Rs 1.06 crore for violating e-commerce norms related to online insurance distribution. Flipkart was found redi...
- Flipkart co-founder Sachin Bansal moves HC on Rs 11,000 crore FEMA noticeThe notice issued against Bansal and others alleged non-compliance with a condition in the consolidated FDI policy of 2010 in respect of is...
- ED sends notice to Flipkart and its founders, asks why they shouldn't face $1.35 billion fineIndia's brick-and-mortar retailers say Amazon and Flipkart favour select sellers on their platforms and use complex business structures to ...
- In compliance with Indian laws, will cooperate with Enforcement Directorate on notice, says FlipkartAccording to sources, the notice under various sections of the Foreign Exchange Management Act (FEMA) was issued to a total of 10 noticees ...
- Annual deadline for ecommerce's FDI compliance check: September 30Sept 30 every year is the deadline for ecomm firms to ready their annual compliance reports as per FDI norms.
- E-marketplaces asked to upload compliance details by Sept 30These compliance reports have to be uploaded by September 30, and in this instance will cover only the February-March 2019 period, as the n...
- Flipkart in full compliance with FDI norms, ready for audit: CEOThe Flipkart CEO said his company was committed to complying with all policies or laws as they evolve.
- Goyal asks officials to demand yearly e-commerce statutory auditsOfficials told to work with RBI to get Press Note 2 clause notified in the next one week.
- Flipkart charts roadmap for US listing by 2022CEO Krishnamurthy tells top team to focus on compliance and profitability.
- NCLAT to hear online vendors' plea against CCI order on FlipkartNCLAT has also approved the delay of 12 days in filing appeal (by the association) against the order of the Competition Commission of India...
- Walmart graft check: Flipkart hires KPMG to vet its vendorsA corruption scandal in its Mexico unit prompted Walmart to tighten its compliance with the Foreign Corrupt Practices Act (FCPA) globally, ...
- Flipkart’s GST programme to grant sellers a tax-friendly wish"We will provide our sellers technology solutions for ease of compliance,” said Anil Goteti, vice president and head of marketplace at Flip...
- Another management change at Flipkart as legal head Rajinder Sharma quits“The company has already communicated to its top managers that Sharma is leaving the company,” a person familiar with the development said.
- Not just Congress, online marketplaces too hate GST as they face compliance loadTax experts and online marketplaces feel that this will put the burden of compliance and administration on the ecommerce companies.
- Tata Communication’s Sanjiv Saddy appointed as Flipkart's senior VP of corporate affairsFlipkart has appointed former Tata Communication’s executive Sanjiv Saddy as senior vice-president of corporate affairs and business develo...
- Raid on Flipkart warehouse; firm deniesAlso, we found a blank Form 38 with them, which is an issue of non-compliance,” said an official of the department who was part of the raid.
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