Homeshop 18 Shut?
It seems Homeshop18 has shut down. Videos are circulating of empty offices and agitated unpaid vendors.
Beware before ordering from them as it can affect refunds, accumulated discount coupons, replacements, genuineity etc
They recently sold of 80% stake to an unknown company. earlier it was part of network 18 owned by reliance.
https://entrackr.com/2019/06/homeshop18-sellers-left-high-and-dry-with-over-rs-150-cr-dues/
https://www.thenewsminute.com/article/trouble-homeshop18-sellers-allege-dues-unpaid-no-word-company-104056
https://tech.economictimes.indiatimes.com/news/internet/aiova-seeks-rbi-and-mca-to-intervene-over-homeshop18-seller-complaints/69918612 more
Beware before ordering from them as it can affect refunds, accumulated discount coupons, replacements, genuineity etc
They recently sold of 80% stake to an unknown company. earlier it was part of network 18 owned by reliance.
https://entrackr.com/2019/06/homeshop18-sellers-left-high-and-dry-with-over-rs-150-cr-dues/
https://www.thenewsminute.com/article/trouble-homeshop18-sellers-allege-dues-unpaid-no-word-company-104056
https://tech.economictimes.indiatimes.com/news/internet/aiova-seeks-rbi-and-mca-to-intervene-over-homeshop18-seller-complaints/69918612 more
Viewed by 2475
The downfall of many Online Stores unlike the Departmental stores which too downed their shutters one after other was expected. Naptol however is continuing to do good business and evidently only smart operators would succeed. As Mr.Mohapatra has advised, Caution is the catch word or watch word. more
Jun 25
