Fintech entry cleared: Flipkart will get RBI nod for lending licence; plans for NBFC rollout nonetheless underneath wraps

Fintech entry cleared: Flipkart will get RBI nod for lending licence; plans for NBFC rollout nonetheless underneath wraps

Flipkart has acquired a lending licence from the Reserve Financial institution of India, paving the way in which for direct financing to clients, although the ecommerce agency is but to reveal operational particulars.The Walmart-backed firm confirmed on Thursday that it had secured a Non-Banking Monetary Firm (NBFC) licence from the RBI, with sources indicating the…

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E-commerce Giants Take away Walkie-Talkie Listings After Govt Cracks Down On Unlawful Gross sales | Financial system Information

E-commerce Giants Take away Walkie-Talkie Listings After Govt Cracks Down On Unlawful Gross sales | Financial system Information

New Delhi: Main e-commerce platforms, together with Amazon, Flipkart, Meesho, JioMart, Meta, and Chimiya, have eliminated a number of walkie-talkie product listings following new authorities guidelines to forestall the unlawful sale of radio communication gear on-line. The Central Client Safety Authority (CCPA), beneath the Ministry of Client Affairs, lately issued detailed pointers to control how…

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Alcatel V3 Basic 5G, V3 Professional 5G, and V3 Extremely 5G Launched In India With NXTPAPER Show. Begins At Rs 12,999; Test Digicam, Battery And Low cost | Know-how Information

Alcatel V3 Basic 5G, V3 Professional 5G, and V3 Extremely 5G Launched In India With NXTPAPER Show. Begins At Rs 12,999; Test Digicam, Battery And Low cost | Know-how Information

Alcatel V3 5G Collection India Launch: Alcatel, a Finnish client digital model, has made a splendid come again in India with the launch of the V3 5G collection of smartphones. The lineup contains the V3 Basic, V3 Professional, and the V3 Extremely. All three new smartphones are powered by the MediaTek Dimensity 6300 chipset and…

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Do You Throw Your On-line Supply Bins After Opening Parcel? Know How It Can Make Your Financial institution Account Zero, Suggestions To Keep Protected | Financial system Information

Do You Throw Your On-line Supply Bins After Opening Parcel? Know How It Can Make Your Financial institution Account Zero, Suggestions To Keep Protected | Financial system Information

New Delhi: Most of us order on-line merchandise through e-commerce platforms. After you obtain the order, you retain the product and throw away the net supply field wherein the order is delivered. You maybe by no means realised that one thing as routine as throwing away a web-based supply field may put you vulnerable to…

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SC says Flipkart recognized for creating monopolies, appoints amicus for probe into unfair practices

SC says Flipkart recognized for creating monopolies, appoints amicus for probe into unfair practices

The Supreme Court docket on Tuesday stated e-commerce main Flipkart was recognized for creating monopolies and expressed concern over the destiny of smaller gamers available in the market. The counsel for Flipkart stated that as a result of platform, many small distributors have been capable of take their companies to the nationwide stage.(REUTERS/ Consultant) A…

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Work-from-home, manufacturing ramp-down at some corporations

Work-from-home, manufacturing ramp-down at some corporations

Consultant AI picture (Credit score: Bing picture creator) MUMBAI: Amid escalating tensions between India and Pakistan, corporations are placing precautionary measures in place to make sure security of staff and minimise affect on operations.Dabur is working its manufacturing facility in Jammu solely throughout the daytime for now and can reassess the scenario on Monday earlier…

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Trump govt could press India to offer Amazon, Walmart’s Flipkart full entry to 5 bn e-comm market, ETCFO

Trump govt could press India to offer Amazon, Walmart’s Flipkart full entry to $125 bn e-comm market, ETCFO

In a renewed push for a ‘fast-paced’ reciprocal commerce settlement, the US could also be urgent India to totally open its $125 billion e-commerce market to American retail giants like Amazon and Walmart, based on a report by the Monetary Instances. The talks are a part of a broader framework for India-US commerce deal that’s…

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Journey fintech startup Scapia raises  million from Peak XV, current traders, ETCFO

Journey fintech startup Scapia raises $40 million from Peak XV, current traders, ETCFO

Journey-focused fintech startup Scapia, based by former Flipkart senior government Anil Goteti, has secured $40 million in an fairness funding spherical led by Peak XV Companions, with current traders Elevation Capital, Z47 and 3State Capital taking part. “We are going to use the contemporary funds to spend money on model constructing, construct new providers and…

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