Search Results for: Walmart

India's e-commerce rules regressive: Walmart to US government

Walmart had invested $16 billion in Indian e-commerce giant Flipkart, its biggest ever acquisition globally.

Jul 12, 2019

Here's what made global investors fund Rs 26,749 crore in Indian start-ups

The recent statistics by Tracxn, a data tracker, shows that 10 significant deals crossing over $100 million were successfully completed in India in the last five months.

Jul 4, 2019

Indian startups attracting investors again, raise record $3.9 billion in 2019

In comparison, during the entire 2016 and 2017, the Indian startups managed to raise $4.2 billion and $4.3 billion respectively.

Jul 1, 2019

India warns Amazon and Flipkart over discounts

Amazon and Flipkart say they've complied with the rules and deny any wrongdoing.

Jun 26, 2019

Flipkart readies plans to list in US but reaching profit threshold is key challenge

Flipkart group CEO Kalyan Krishnamurthy held discussions with senior leadership team on the IPO timeline earlier this month.

Jun 25, 2019

Binny Bansal sells Flipkart stake worth Rs 531 crore to Walmart

Sachin Bansal, the co-founder of Flipkart, has sold all his shares to Walmart for $800 million to $1 billion.

Jun 24, 2019

Mike Pompeo to seek stronger strategic ties with India despite trade tensions

Pompeo arrives in New Delhi on Tuesday for talks that are aimed at laying the ground for a meeting between US President Donald Trump and Indian Prime Minister Narendra Modi later in the week at a G20 meeting in Japan.

Jun 22, 2019

Pompeo to push India for more US access to local markets

Pompeo's remarks at the US-India Business Council refer to a decision by US President Donald Trump to end preferential trade treatment for India from June 5 over the trade barriers.

Jun 13, 2019

PHOTOS | Walmart employee finds black rat snake among shopping cart; what happens next will shock you!

The employee's frightened scream caught the attention of a policeman in the vicinity. While the snake was identified as a non-venomous black rat snake, it naturally made everyone frightened.

May 28, 2019

Walmarts' profit erodes amid investment in Flipkart

Walmart's International operating income tanked 38% in constant currency terms and 42% on a reported basis.

May 18, 2019

Flipkart employees get $100 million ESOP bonanza

Flipkart's ESOP disbursal over a three-year period is aimed to retain its employees.

May 10, 2019

Mukesh Ambani-led Reliance flags global retail push with iconic Hamleys acquisition

Reliance Industries picks up a 100% stake in Hamleys for an undisclosed amount from C Banner International Holdings, a company listed in Hong Kong.

May 10, 2019

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Can TCS beat IBM and Accenture to become world's largest IT services firm?

Indian IT major's 10% growth powers it ahead of DXC to the third position after clocking $20.91 billion revenue as the US firm is struggling for growth momentum.

May 8, 2019

Alibaba's AI tool can write thousands of ad copies per second

Why is China's Alibaba looking at investing in smaller Indian companies?

Jack Ma-led giant's shift of strategy to investments in smaller verticals may help it catch up with Chinese rival Tencent