Flipkart ceases operations across supply chain amid lockdown

Flipkart ceases operations across supply...

 E-tailer Flipkart on Wednesday said it has temporarily suspended its operations and services – including grocery items as India enters a 21-day lockdown.

Although ecommerce platforms were allowed to provide essential goods and services in Prime Minister Narendra Modi’s address to the nation, Flipkart decided to halt all orders from March 25 for its three supply chains grocery, non-large goods and large items.

“These are difficult times, times like no other. Never before, have communities stayed apart to stay safe! Never before, has been at home meant helping the nations!” the company posted on its website.

In an internal email sent to employees, Adarsh Menon who is senior vice president at Flipkart wrote that senior executives will “evaluate how to get supply chains back in consultation with government and stakeholders but as of now the platform will not accept any orders”.

Ecommerce giant Amazon, in a blog post on Tuesday, said that it has prioritized available fulfilment and logistics capacity to serve products that are currently critical for customers such as household staples, packaged food, health care, hygiene, personal safety and other high priority products.

“This also means that we have to temporarily stop taking orders and disable shipments for lower-priority products. For all pending customer orders on lower-priority products, we are reaching out to customers and giving them a choice to cancel their orders, and receive a refund for prepaid items,” said Amazon.

The company said it will continue to work with concerned government authorities to ensure on-ground support that will enable it to offer a more expanded selection to fulfil customer needs.


PostedOn: 25 Mar 2020 Total Views: 84




IFFCO contributes Rs. 25 Crore to PM CAR...

IFFCO contributes Rs. 25 Crore to PM CARES Fund

On Wednesday, Indian Farmers Fertiliser Cooperative Ltd. IFFCO contributed an amount of Rs. 25 Crore (Rupees Twenty five Crore) to the PM-CARES Fund in service of the nation. In order to strengthen the country’s efforts at fighting against Corona Virus “COVID19”, IFFCO has humbly c...

01 Apr 2020

RBI announces more measures to deal with...

RBI announces more measures to deal with covid19 p...

The Reserve Bank of India (RBI) on Wednesday announced more measures, including extension of period for realisation and repatriation of export proceeds, to deal with the economic fallout of Covid-19 pandemic. It also increased ways and means advances (WMA) limit by 30 per cent from existing limit fo...

01 Apr 2020

India to grow fastest among G20 economie...

India to grow fastest among G20 economies despite ...

Despite the coronavirus cases growing daily, India will rise as the fastest growing economy among the G20 contries, says areportbyEconomist Intelligence Unit (EIU), who in the light of coronavirus pandemic slashed India's GDP growth forecast from 6 percent to 2.1 percent. 2.1 percent GDP forecast ma...

30 Mar 2020

Coronavirus lockdown: L&T defers extra p...

Coronavirus lockdown: L&T defers extra pay revisio...

Larsen & Toubro (L&T), India's largest construction and engineering company, said it had to defer the extra salary revision - which was planned from March 1 till the end of July - due to business disruption caused by the COVID-19 lockdown. L&T has announced additional compensation coveri...

30 Mar 2020

Sensex, Nifty Post Worst Ever One-day Cr...

Sensex, Nifty Post Worst Ever One-day Crash

In its worst-ever crash, the BSE Sensex plummetted 3,934.72 points or 13. 15 per cent to 25,981.24 on Monday after several Indian states announced lockdown following a spurt in the number of coronavirus cases. Likewise, the NSE Nifty nosedived 1,135.20 points or 12.98 per cent to settle at 7,610.25....

23 Mar 2020

Saudi Arabia to hike borrowing to stimul...

Saudi Arabia to hike borrowing to stimulate virus-...

Riyadh:Saudi Arabia plans to raise borrowing by 20 percentage points to 50 percent of GDP to steady an economy rocked by plunging oil prices and the new coronavirus, the finance minister said Friday. Oil is the mainstay of government revenue and this week slipped below $25 a barrel to touch 18-year ...

22 Mar 2020

Stock Market Losses 46,000 Crores With C...

Stock Market Losses 46,000 Crores With Covid-19

The deadly Covid-19 which has affected more than 185 countries and left more than 2,00,000 people infected with the virus has left a deadly impact on the stock markets with shares facing the worst losses in recent times. The official reports state that the value of the shares and the losses faced by...

21 Mar 2020