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 11.04.20

Flipkart, Tatas team up

Flipkart, the Walmart-owned entity, has teamed up with Tata Consumer Products to sell the latter’s products on its portal. Tata Consumer’s distributors will list as marketplace sellers on the e-co...
By Our Special Correspondent in Mumbai

Business  /  Published 25.03.20

Walmart India elevates Sameer Aggarwal as CEO

Walmart India on Wednesday said it has elevated Sameer Aggarwal as its CEO and the appointment will be effective from April 1.Aggarwal succeeds Krish Iyer who is set to retire on March 31. Iyer, would...
By PTI in New Delhi

Business  /  Published 21.06.19

Walmart fined for bribery

Inside Walmart’s corporate offices in Brazil, one local contact was known as the “sorceress” for the ability to obtain government permits quickly.In India, concerns about bribery were met with a...
By Michael Corkery/ New York Times News Service in New York

Opinion  /  Published 03.04.19

For Indian startups, it is #ApnaTimeAagaya

1. The consumption-driven growth storyAfter decades of being ignored and written-off, India is finally on every global investor’s radar as the fastest-growing large economy that will drive the world...
By Pranav Pai in

Business  /  Published 13.01.20

Walmart sacks 56 executives

Walmart Inc has fired 56 of its executives in India as part of a restructuring exercise in the country.The move underscores the challenges Walmart has faced in expanding its wholesale business in Indi...
By Agencies 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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