Search Results for: Walmart

Walmart's Flipkart acquisition for $16 billion cleared by Competition Commission of India

Bentonville, Arkansas-based Walmart announced in May it was acquiring about 77 percent of Flipkart for roughly $16 billion in the biggest deal for India's e-commerce sector, which Morgan Stanley estimates will grow close to an annual $200 billion in a decade.

Aug 9, 2018

1,000-year-old Ganesha idol atop Dholkal mountain

Why do US retailers insult Hindu gods? Walmart asked to withdraw 'Ganesh Toe Ring' and apologise

'Inappropriate usage of Hindu deities or concepts or symbols for commercial or other agenda is not okay as it hurts the devotees'

Aug 6, 2018

fuel prices in india, petrol price, diesel price, opec, indian economy

7 Indian firms in Fortune 500 list; Indian Oil Corporation tops, Reliance Industries up 55 ranks

American retail giant Walmart tops the latest Fortune listing, while Indian Oil Corporation jumped to 137th position, from its 168th rank last year.

Aug 1, 2018

In a first, Amazon's international losses shrink since 2016

Amazon's international losses for the June quarter were $494 million, a fall of 31 percent as against $724 million in the same quarter of last year.

Jul 28, 2018

E-commerce giants, cotton industry hit by truck strike

With no end in sight for the strike, the cotton factories are on the verge of closure and vegetable prices are expected to rocket as inventory is dwindling.

Jul 27, 2018

A snake is shown here for representational purpose

Chinese woman dies after being bitten while making snake wine

A woman in the Southern province of Guangdong died eight days after being bitten by a Krait while attempting to make the traditional Chinese cure- snake wine. She ordered the reptile from e-commerce platform Zhuanzhuan.

Jul 24, 2018

Flipkart to bring down the curtain on eBay India in August

Flipkart had bought the Indian operations of California-based eBay in 2017 and received $500 million as a trade-off for a 5 percent stake for the American E-commerce player.

Jul 24, 2018

E-commerce players all set to lock horns to dominate entertainment content in India

The industry experts argue that the investment in the content generation segment of the e-commerce is being done to take on Amazon India, which is aggressively strengthening its entertainment content with Prime Video.

Jul 9, 2018

Walmart withdraws 'Impeach 45' apparel; Trump supporters upset

Walmart is facing the ire of conservatives and Trump supporters for selling "Impeach 45" apparel on its website. The retailer has taken back the collection after the #BoycottWalmart campaign run online.

Jul 4, 2018

Indian traders vs Walmart: Nationwide protest against US retail giant on July 2

Walmart might have cut a hot deal with Flipkart but it's burning the traders in India. The massive nationwide protest next week will see over 7 lakh farmers and traders protesting against the US-based multinational retail corporation.

Jun 28, 2018

3 reasons why blockchain is the future of supply chain and manufacturing

"It's not the organisations that are competing. It's the supply chains that are competing," says Wael Safwat of Supply Chain Management Association (SCMAO).

Jun 22, 2018

Pixel 2 for Rs 8,999, Pixel 2 XL for Rs 9,999 on Flipkart: All you need to know

Flipkart is once again back with an exclusive sale on smartphones that give steep discounts on popular models including Pixel 2, Pixel 2 XL, Moto X4 and others.

Jun 19, 2018

Donald Trump vs. Justin Trudeau takes a new turn

Canadians boycott US goods, cancel vacations to show Trump their ire over US trade tariffs

Donald Trump will never forget how he insulted Canada and Justin Trudeau with Canadians' take on the US. They have boycotted American products and services to give Trump a lesson.

Jun 16, 2018

Offline smartphones sales plummet in India; Mi.com grows faster than Amazon and Flipkart

Xiaomi, which has disrupted the Indian smartphone market in the mid-segment, continues to grow and consolidate its position. Strikingly, Mi.com has grown faster than big rivals Amazon and Flipkart.