Walmart

ED initiates FEMA probe against Amazon

ED initiates FEMA probe against Amazon

The probe is being conducted under various sections of the Foreign Exchange Management Act (FEMA) after the central probe agency recently...Read More

Walmart plans to increase exports from India to $10 billion by 2027

Walmart plans to increase exports from India to $10 billion by 2027

Global retail major Walmart on Thursday said it will triple its exports of goods from India to USD 10 billion each year by 2027. The expa...Read More

Walmart to export $10 billion of India-made goods per year by 2027

Walmart to export $10 billion of India-made goods per year by 2027

Walmart's new export commitment is expected to provide a significant boost to micro, small and medium-sized enterprises (MSMEs) in India ...Read More

Walmart prepares for $10bn Flipkart IPO early next year

Walmart prepares for $10bn Flipkart IPO early next year

According to informed sources, Walmart is planning to sell at least 25 per cent in Flipkart which is likely to go public as early as next...Read More

Walmart to give 4th round of bonuses to workers since COVID-19

Walmart to give 4th round of bonuses to workers since COVID-19

Walmart says for the fourth time during the pandemic it will be giving its 1.5 million U.S. part-time and full-time employees additional ...Read More

Flipkart narrows loss to Rs 3,150.6 crore in FY20

Flipkart narrows loss to Rs 3,150.6 crore in FY20

Flipkart India, the B2B arm of Walmart-owned Flipkart, has narrowed its losses to Rs 3,150.6 crore during 2019-20 as compared to the prev...Read More

Walmart grows stronger in pandemic; quarterly hit USD 133.75 billion

Walmart grows stronger in pandemic; quarterly hit USD 133.75 billion

Walmart turned out another stellar quarter as the world's largest retailer powers through a pandemic that has felled other national chain...Read More

Retail sales grew a slower-than-expected 0.3% in October

Retail sales grew a slower-than-expected 0.3% in October

Retail sales in the US grew a slower-than-expected 0.3% in October, even as retailers offered early holiday discounts online and in store...Read More

Flipkart to buy 7.8% stake in Adiya Birla Fashion

Flipkart to buy 7.8% stake in Adiya Birla Fashion

Walmart-owned Flipkart will buy a 7.8 per cent stake in Aditya Birla Fashion and Retail for Rs 1,500 crore as it taps into the offline re...Read More

E-comm cos sell goods worth USD 3.1bn during festive sale: RedSeer

E-comm cos sell goods worth USD 3.1bn during festive sale: RedSeer

This is about 77 per cent of RedSeer's forecast of USD 4 billion sale by the end of the first round of festive sale by players like Amazo...Read More

Flipkart bolsters partnerships with banks, NBFCs ahead of festive season

Flipkart bolsters partnerships with banks, NBFCs ahead of festive season

Walmart-owned Flipkart on Wednesday said it will offer credit options through 17 banks, NBFCs and fintech players that will drive credit ...Read More

Teji Mandi: Three things investors should know on October 14th, 2020

Teji Mandi: Three things investors should know on October 14th, 2020

Wipro board approves ₹9,500 crore share buyback planWipro’s board of directors has approved the buyback of 237.5 million equity shares wo...Read More

Walmart, Flipkart Group pump in additional investment in Ninjacart

Walmart, Flipkart Group pump in additional investment in Ninjacart

The companies, however, did not disclose the amount being invested. The transaction is expected to close by the end of the month.

Teji Mandi: Three things investors should know on September 29th, 2020

Teji Mandi: Three things investors should know on September 29th, 2020

Walmart in talks for $25 billion investment in Tata’s super appWalmart is in talks with Tata Group for a large share in Tata’s proposed r...Read More

Trump says sale of TikTok to Oracle has his 'blessing', Walmart may take part

Trump says sale of TikTok to Oracle has his 'blessing', Walmart may take part

US President Donald Trump said on Saturday that he has approved the purchase of TikTok, a video-sharing app owned by Chinese company Byte...Read More

Walmart may join Microsoft in bid to buy TikTok US

Walmart may join Microsoft in bid to buy TikTok US

Walmart said on Thursday it may join Microsoft to buy the U.S. business of TikTok, the popular Chinese-owned video app that has come unde...Read More

COVID-19 impact: Walmart online witnesses 97% surge in sales

COVID-19 impact: Walmart online witnesses 97% surge in sales

Walmart saw online sales surge 97 per cent in the second quarter. Americans shopped in Walmart's stores, too, and sales at locations open...Read More

Flipkart aims to flip grocery market with a dash

Flipkart aims to flip grocery market with a dash

The hyperlocal delivery service 'Flipkart Quick', which will also offer 90-minute deliveries of fresh vegetables, meat, and mobile phones...Read More

Jio challenge? Flipkart buys Walmart India

Jio challenge? Flipkart buys Walmart India

Walmart India runs 28 Best Price wholesale stores in the country. The announcement comes a week after Flipkart had said it had raised USD...Read More

Flipkart raises new equity round with Walmart-led investor group, valuing company at $24.9 billion

Flipkart raises new equity round with Walmart-led investor group, valuing company at $24.9 billion

The investment is led by Walmart, Flipkart Group's majority owner, along with a group of existing shareholders and values the company at ...Read More

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