Digital payments and fintech platform PhonePe on Monday launched a feature to pay income tax through its app. Individuals and businesses can pay self-assessment and advance tax through UPI or credit card via the application, without logging into the income tax portal, PhonePe said. The amount will be credited to…
China’s Xiaomi will focus on boosting its India sales from retail outlets after years of big bets on e-commerce, its India president said, as the company seeks to revive smartphone sales after falling behind South Korea’s Samsung. E-commerce sales in India via Amazon and Walmart‘s Flipkart have surged in recent…
Walmart-owned Flipkart on Friday announced that it will be distributing Axis Bank’s personal loans on the e-commerce platform. The platform, which has 450 million customers, will be distributing loans of up to Rs 5 lakh which can be repaid in up to three years, it said in a statement. The…
The Parliamentary Standing Committee on Finance has called representatives of several banks such as the Punjab National Bank as well as global and national tech majors, including Google, Apple and Paytm, next week to discuss issues related to cyber security and rising cases of cyber crimes. The committee, headed by…
E-commerce majors such as Amazon and Flipkart have been invited to join India’s digital public infrastructure Open Network for Digital Commerce (ONDC), said the network’s Chief Executive Officer T Koshi. In an interaction with ANI, Koshi said it invited them and they were welcome to the network. “They are looking…
Realme 11 Pro+ 5G has sold over 60,000 units in India, the company announced on Friday. With this new sales milestone, the Realme 11 Pro+ 5G smartphone claimed to have broken the company’s highest first-sales record in the above-Rs. 25,000 price segment. The Realme 10 Pro+ 5G successor with a…
Walmart‘s Flipkart marketplace and PhonePe payments business in India could be $100 billion (Rs. 8,19,750 crore) businesses buoyed by strong growth, the retailer’s chief financial officer said on Wednesday at an investor conference. Walmart does not break out sales of Flipkart and PhonePe but over the past few months, executives…
The government has taken a serious note of ‘dark patterns’ and asked e-commerce firms to create a self-regulatory framework to stop such practices, Consumer Affairs Secretary Rohit Singh on Tuesday said. The e-commerce sector has the largest contribution to dark patterns, and the framework will be created in the next…
Flipkart has kicked off its Flipkart Big Saving Days Sale in India for Plus members. The sale will be live for all users from June 10 and will go on till June 14. A slew of Poco smartphones will be available at discounted prices during the sale. The Xiaomi sub-brand’s…
The Central Consumer Protection Authority (CCPA) has issued orders against the top five e-commerce platforms for selling car seat belt alarm stopper clips. Authorities found that such clips were being blatantly sold on several e-commerce platforms. The clips compromise the life and safety of consumers by stopping the alarm beep…
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