walmart

The acquisition of Flipkart by Walmart may negatively impact the net income of the latter this fiscal and also the next, said Walmart in its recent regulatory filing.According to a PTI report: The US retail giant had last month...

With rapid urbanization of several Indian cities, there are localities within these urban cities that can be comparable with Tier II cities in other parts of the country. According to top retail experts at India Retail Forum 2018, the...

When it comes to toys, Walmart is not playing around! Walmart has unboxed its plans for America’s Best Toy Shop: its destination for kids’ favorite products – toys! – in its stores and on Walmart.com. Walmart’s toy aisles are...

Retail giant Walmart-owned leading e-tailer Flipkart on Wednesday unveiled a dedicated portal '2GUD' for refurbished goods, including mobile phones, laptops and tablets, a week after shutting its eBay India operations."The independent platform '2GUD' aims to bring affordability, accessibility and...

Retail giant Walmart Inc. on Saturday acquired approximately 77 percent stake in e-commerce major Flipkart.According to a statement, Walmart now holds approximately 77 percent of Flipkart, while the remainder of the business is held by other shareholders, including Flipkart...

Shubh Food Products has carved a name for itself in the past 18 years. Starting off with a simple spice product Asafoetida (hing), the company now boasts of numerous private label products under its belt. Founder Gaurav Gambhir once...

Walmart's share price soared on Thursday as investors focused on the retail giant's strong quarterly revenue gains and shrugged off a net loss linked to the sale of a majority stake in its Brazilian unit.The Bentonville, Arkansas-based company posted...

Walmart India, a wholly-owned subsidiary of Walmart Inc, on Thursday activated unified payments interface (UPI) for all its registered members.This payment solution will enable members, especially kiranas/resellers, who shop online at Walmart India's B2B e-commerce site bestprice.in, to make...

Fair trade watchdog Competition Commission of India (CCI) has approved the acquisition of e-commerce major Flipkart by Wal-Mart International Holdings.However, a traders' body said that it will move the court against the approval."@CCI_India approves proposed acquisition of Flipkart Private...

Walmart expects timely approval from authorities for its US $16 billion deal to acquire Flipkart, a top company official said.According to a PTI report: The company is awaiting approval from fair trade regulator CCI, where its mega deal to...