‘Geysers, electrical products, footwear’: BIS raids Amazon and Flipkart warehouses, seizes thousands of substandard products | Delhi News – The Times of India

NEW DELHI: Bureau of Indian Standards (BIS) has conducted raids on two warehouses of Amazon and Flipkart in Delhi, seizing thousands of products lacking proper quality certification. In an official statement, the consumer affairs department said on Thursday that in a 15-hour operation last week at an Amazon Sellers warehouse in Mohan Cooperative Industrial Area,…

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Amazon is now charging processing fee on bank discount offers: How much it is and how it works – The Times of India

FILE – An Amazon company logo marks the facade of a building, March 18, 2022, in Schoenefeld near Berlin. AP Photo/Michael Sohn, File) Amazon has introduced a Rs 49 processing fee for customers who use Instant Bank Discounts (IBD) of Rs 500 or more, effectively reducing the savings consumers receive through banking partnerships. The fee,…

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BIS cracks down on e-comm giants over ‘unsafe’ goods | India News – The Times of India

NEW DELHI: Cracking down on sale and storage of uncertified and unsafe products, Bureau of Indian Standards has seized thousands of such goods from warehouses linked to Amazon, Flipkart, and other online marketplaces.The consumer affairs department said investigations by BIS into multiple violations by both Amazon and Flipkart traced uncertified products back to Techvision International…

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How Flipkart co-founder Sachin Bansal’s fintech startup Navi lost Rs 14 crore to payment gateway fraud – The Times of India

Flipkart co-founder Sachin Bansal‘s fintech startup Navi Technologies has fallen victim to a payment gateway fraud, resulting in losses of ₹14.26 crore over a two-week period in December 2024.The Whitefield Cyber Crime Police in Bengaluru have launched an investigation after registering a case against unidentified fraudsters.According to a report in The Hindu, scammers exploited a…

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Apple Macbook Air M2, Watch Series 10, Airpods 2nd gen available at lowest ever price in Flipkart sale – The Times of India

Flipkart‘s Monumental Sale is offering attractive deals on Apple products. During this sale, customers can buy the latest Apple devices — like the Watch Series 10 as well as the Macbook Air powered by the M2 chipset and the 2nd generation AirPods at their lowest prices ever. The Republic Day sale of the Walmart-owned e-commerce…

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It’s official: Dunzo founder makes the Reliance to Walmart ‘switch’ – Times of India

Kabeer Biswas, co-founder of the Reliance-backed hyperlocal delivery startup Dunzo, is joining Flipkart to lead its quick commerce business, Minutes. This move follows months of discussions between Biswas and the e-commerce giant.Biswas, who played a crucial role in building Dunzo into a prominent player in the hyperlocal delivery sector, will be joining Flipkart on January…

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Google parent Alphabet gets CCI’s clearance to acquire stake in Flipkart, here’s what the order says – Times of India

The Competition Commission of India (CCI) has granted approval to Google parent Alphabet’s arm Shoreline International Holdings LLC to acquire a stake in Walmart group firm Flipkart. The proposed transaction comprises investment through subscription of shares of Flipkart Private Limited by Shoreline International Holdings LLC; and an arrangement between an affiliate of Alphabet and Flipkart’s…

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ED conducts pan-India raids on sellers using e-commerce platforms Amazon, Flipkart | India News – Times of India

NEW DELHI: The Enforcement Directorate (ED) on Thursday launched a series of searches across India targeting certain vendors operating on major e-commerce platforms Amazon and Flipkart, according to PTI sources.The raids, part of an ongoing probe under the Foreign Exchange Management Act (FEMA), spanned multiple locations, including Delhi, Gurugram, Hyderabad, and Bengaluru.According to officials, the…

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