Flipkart has filed a case against FlipkartDiscounts.net for trademark and copyright infringement. FlipkartDiscounts offers discounted products on the site, along with links to direct consumers to major ecom-sites. Delhi HC has passed an interim order in favor of Flipkart.

In order to attract more foreign investments, Department of Industrial Policy and Promotion on Tuesday has permitted 100 per cent Foreign Direct Investment in the market place format of e-commerce retailing. DIPP has also come out with definitions of ‘e-commerce’, ‘inventory-based model’ and ’market place model’, to bring out more clarity on which companies will be able to benefit out of the new permits.

The wallet will be powered by FX Mart which was acquired by Flipkart last year. The new method has been launched on Android smartphones. The wallet can be recharged through credit/debit card or net banking. The limit for one time recharge is Rs 10000 and a total of Rs 25,000 can be added by the users in a month.