Business  /  Published 04.10.20

Retail: major sales push

Organised retail players have teamed up with banks to roll out festive offers for customers as they look to encourage spending that has taken a hit because of Covid-19. On Saturday, Walmart-owned Fli...
By Our Special Correspondent in Mumbai

Business  /  Published 17.09.20

Flipkart in overseas IPO bid

Walmart acquired a roughly 77 per cent stake in Flipkart for about $16 billion back in 2018. That deal remains the single largest foreign direct investment in India. It turned Flipkart’s founde...
By Reuters

Business  /  Published 15.08.20

Flipkart to deliver liquor in Bengal and Odisha on Friday launched an online pharmacy in Bangalore. The service, Amazon Pharmacy, has begun and will soon offer deliveries across the city, Amazon said. It offers both over-the-counter and ...
By Reuters in New Delhi

Business  /  Published 29.07.20

Flipkart: deal hits roadblock

Less than a week after it announced the deal, Flipkart is facing a major hurdle in its proposed move to acquire the local cash-and-carry business of parent Walmart. The All India Online Vendors&rsquo...
By Our Special Correspondent in Mumbai

Business  /  Published 24.07.20

Flipkart bites wholesale pie

Flipkart is acquiring parent Walmart Inc’s local cash-and-carry business as the e-commerce giant strengthens its wholesale operations to compete better with Amazon and other players. The deal w...
By Our Special Correspondent in Mumbai


Business  /  Published 23.07.20

Flipkart acquires Walmart India

Flipkart on Thursday announced the acquisition of Walmart India for an undisclosed amount and said it will launch 'Flipkart Wholesale' next month as the homegrown e-commerce major looks t...
By PTI in New Delhi

Business  /  Published 15.07.20

Flipkart: in for more funds

Walmart, the Bentonville, Arkansas-based retail giant, is investing $1.2 billion along with other existing shareholders in Flipkart. The investment in Flipkart by its parent comes at a time India&rsq...
By Our Special Correspondent in Mumbai

Business  /  Published 10.07.20

Flipkart buys into Arvind Youth Brands

Flipkart, the Walmart owned online commerce player, is investing Rs 260 crore in Arvind Youth Brands, the subsidiary of Arvind Fashions Ltd (AFL). Arvind Youth Brands is Arvind Fashions’ recent...
By Our Special Correspondent in Mumbai

Business  /  Published 28.12.18

Bid to dodge discount curbs

Flipkart’s Big Billion Day Sale or Amazon’s Great Indian Festival may continue to lure consumers to make online purchases as these e-commerce giants with deep pockets are reading the fine print an...
By R. Suryamurthy in New Delhi

Business  /  Published 27.12.18

Small traders gain in rule tweak

The changes made in the e-commerce policy on Wednesday seek to create a level playing field in online retail by placing curbs on discounts and barring marketplaces such as Amazon and Flipkart to sell ...
By R. Suryamurthy in New Delhi


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