Walmart

Walmart-owned Flipkart logs loss of Rs 3,837 crore in 2018-19

Walmart-owned Flipkart logs loss of Rs 3,837 crore in 2018-19

The unit had posted a loss of Rs 2,063.8 crore for the financial year ended March 31, 2018, documents filed by Flipkart India to the corp...Read More

Oyo and Walmart sponsors Howdy Modi's Houston event

Oyo and Walmart sponsors Howdy Modi's Houston event

The stage is all set for the mega "Howdy Modi" event where Prime Minister Narendra Modi will address over 50,000 Indian-Americans on Sept...Read More

Armed man shows up at Missouri Walmart, panicked shoppers flee store

Armed man shows up at Missouri Walmart, panicked shoppers flee store

Springfield police posted on Facebook that "an armed individual" was arrested.

Walmart's Flipkart to roll out free video streaming serv to beat rivals

Walmart's Flipkart to roll out free video streaming serv to beat rivals

Upping its ante against rival Amazon, Walmart-backed Flipkart on Monday said it will roll out video streaming service and make its platfo...Read More

India's new investment rules for e-commerce regressive, could hurt trade: Walmart to US government

India's new investment rules for e-commerce regressive, could hurt trade: Walmart to US government

In a statement to Reuters on Thursday, Walmart said it regularly offers input to the US and Indian governments on policy issues and this ...Read More

Norway's sovereign wealth fund allowed to again invest in Walmart

Norway's sovereign wealth fund allowed to again invest in Walmart

The Norwegian fund, which manages more than USD 1 trillion in assets, withdrew from the American retail giant in 2006 "based on an assess...Read More

Flipkart: IPO a long-term move; Binny Bansal sells part stake to Walmart .

Flipkart: IPO a long-term move; Binny Bansal sells part stake to Walmart .

An initial public offering (IPO) is part of Flipkart's ambition and long-term strategy, but the company is currently focussed on getting ...Read More

Flipkart co-founder Binny Bansal sells part stake to Walmart for 531 crore

Flipkart co-founder Binny Bansal sells part stake to Walmart for 531 crore

According to regulatory filings by Flipkart, Bansal transferred 5,39,912 of his shares to Walmart's entity for a cash consideration of $7...Read More

Walmart accused of paying bribes for profit, to pay $282 mn

Walmart accused of paying bribes for profit, to pay $282 mn

According to the SEC, these violations were conducted by Walmart's third-party intermediaries who made payments to foreign government off...Read More

Walmart to pay over USD 282 mn to close US bribery probe into its business in India, China, Brazil & Mexico

Walmart to pay over USD 282 mn to close US bribery probe into its business in India, China, Brazil & Mexico

The SEC has charged Walmart with violating the FCPA by failing to operate a sufficient anti-corruption compliance programme for more than...Read More

Walmart to pay over $282 mn to settle charges for violating anti-corruption regulations in 4 countries

Walmart to pay over $282 mn to settle charges for violating anti-corruption regulations in 4 countries

SEC has charged Walmart with violating FCPA by failing to operate a sufficient anti-corruption compliance programme for more than a decad...Read More

GOQii, Flipkart settle 'deep discounts' issue with

GOQii, Flipkart settle 'deep discounts' issue with

Walmart-owned Flipkart and GOQii Friday said they have amicably resolved their legal dispute where the health-tech startup had alleged th...Read More

Walmart to deliver groceries inside customer's homes

Walmart to deliver groceries inside customer's homes

The online delivery wars are heating up inside shoppers' homes. Walmart is now offering to have one of its employees deliver fresh grocer...Read More

Sen. Bernie Sanders fights for Walmart employee's rights

Sen. Bernie Sanders fights for Walmart employee's rights

Democratic presidential candidate Sen. Bernie Sanders, Ind-Vt, took his fight against corporate greed and inequality into the den of the ...Read More

Disappointed with quick regulatory changes in India: Walmart

Disappointed with quick regulatory changes in India: Walmart

New Delhi: World’s largest retailer Walmart said it was disappointed with the changes in FDI policy for e-commerce in India but it has ma...Read More

Walmart stays put on India story despite new FDI rules

Walmart stays put on India story despite new FDI rules

New Delhi: US retail major Walmart said it is “disappointed” with recent changes in FDI policy for e-commerce firms in the country, and h...Read More

New Foreign Direct Investment rules may prompt Walmart to exit Flipkart

New Foreign Direct Investment rules may prompt Walmart to exit Flipkart

New Delhi: Retail giant Walmart, which paid $14 billion for Flipkart stock with a promise of an additional $2 billion in physical structu...Read More

Amazon India removes numerous products from its website to comply with new e-commerce policy

Amazon India removes numerous products from its website to comply with new e-commerce policy

E-commerce giant Amazon India removed some of the products from its website after the implication of revised e-commerce and FDI policy of...Read More

Reliance looks to take on Amazon, Flipkart with own etailer

Reliance looks to take on Amazon, Flipkart with own etailer

Mumbai: Billionaire Mukesh Ambani-owned Reliance Industries is set to take on Amazon and Walmart-owned Flipkart with its online shopping ...Read More

Flipkart, Amazon not abusing market  position, says CCI

Flipkart, Amazon not abusing market position, says CCI

New Delhi: Amazon and its rival in India, the Walmart-owned Flipkart, did not break regulations through their selection of merchants and ...Read More

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