Business  /  Published 23.10.20

Flipkart buys 7.8% of AV Birla Fashion

Walmart-owned Flipkart is investing Rs 1,500 crore to pick up a 7.8 per cent stake in Aditya Birla Fashion and Retail Ltd (ABFRL). The transaction will enable ABFRL to sell its various brands on the l...
By Our Special Correspondent in Mumbai

Business  /  Published 01.09.20

TikTok caught in tit-for-tat

On most days, companies such as ByteDance, Microsoft, Walmart and Oracle are considered kings within their fields. But over the weekend, it became increasingly clear that they can also be something el...
By Mike Isaac, Ana Swanson in San Francisco

World  /  Published 27.08.20

Walmart-Microsoft to bid for TikTok

The race to buy TikTok took another turn on Thursday when Walmart said it was teaming up with Microsoft on a potential bid for the popular Chinese-owned video app. White House adviser Larry Kudlow sa...
By Mike Isaac in San Francisco

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 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

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 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


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