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Walmart Global Tech elevates Balu Chaturvedula as new Country Head for India

Chaturvedula joined Walmart in 2015 and was previously the Vice President of Supply Chain Technology for Walmart's US Omni Tech organisationNew Delhi: US retail giant Walmart's technology arm Walmart Global Tech has promoted Balu Chaturvedula as the country head...

Walmart ties up with payment company PingPong

International sellers selling on Walmart’s marketplace can now choose PingPong to receive their payments Bengaluru: Multinational retail corporation Walmart has partnered with online payment processing platform PingPong, the tech company said in a press release on Monday. International sellers selling on...

Walmart looking at sourcing toys, shoes, bicycles from India

The company also wants to develop new suppliers in categories such as food, pharmaceuticals, consumables, health and wellness, and apparel and home textilesNew Delhi: US-based retail giant Walmart is looking to source toys, shoes and bicycles from Indian suppliers...

Meeting with Walmart CEO fruitful one, had insightful discussions: PM Modi

Modi also said he was happy to see India emerge as an attractive destination for investmentNew Delhi: Prime Minister Narendra Modi on Sunday said his recent meeting with Walmart CEO Doug McMillon was a fruitful one during which they...

Flipkart’s net loss in FY22 up by 51% to Rs 4,362 even as the company’s revenue jumped 31%

Flipkart’s subsidiary Myntra’s loss went up by 46% in 2021-22.New Delhi: Flipkart Internet Pvt Ltd’s net loss has gone up by 51% to Rs 4,362 crore for the fiscal year ending March 2022 compared to a year earlier.However, Flipkart Internet,...

The Issa Brothers and TDR Capital to acquire Asda from Walmart

Walmart Inc., Asda Group Limited, the Issa brothers and TDR Capital announced that the Issa brothers, Founders and Co-CEOs of EG Group, a global convenience and forecourts retailer, headquartered in Blackburn, UK, and investment funds managed by TDR Capital...
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Starbucks ‘fully committed’ to Indian market, says India JV Tata Starbucks

Tata Starbucks is a 50:50 joint venture between Tata Group FMCG arm Tata Consumer Products Ltd (TCPL) and US-based...
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