Flipkart restructured biz model to control over inventory, alleges CAIT

Traders' body CAIT on Thursday urged the government to investigate the "blatant" violation of FDI and taxation rules by e-commerce major Flipkart, alleging that the Walmart-owned firm had "creatively" restructured its business model to exercise control over inventory and retail prices.

Flipkart restructured biz model to control over inventory, alleges CAIT
Traders' body CAIT on Thursday urged the government to investigate the "blatant" violation of FDI and taxation rules by e-commerce major Flipkart, alleging that the Walmart-owned firm had "creatively" restructured its business model to exercise control over inventory and retail prices.