walmart

Traders' body CAIT on Thursday said the commerce and industry ministry has forwarded its complaint with regard to violation of FDI policies by e-commerce firms to the RBI and Enforcement Directorate (ED) for necessary action."Enforcement Directorate and Reserve Bank...

Walmart and Advent International, one of the largest and most experienced global private equity investors, announced that Advent has agreed to invest in a majority stake in Walmart Brazil to strengthen the business and position it for long-term success.Under...

Walmart, the US retail giant which signed an agreement in May this year to acquire 77 percent stake in Flipkart, expects to close the deal before the end of current calendar year.According to a PTI report: According to a...

Over 100 trader organisations on Monday opposed the US $16 billion Walmart-Flipkart deal stating it would cause "irreversible damage" to small traders and endanger jobs for thousands.According to a PTI report: The associations, including Centre of Indian Trade Unions...

Flipkart has shared 'some details' with the I-T authorities on its US $16 billion deal with US-based Walmart, but the tax department will act only after regulatory approvals have been obtained, an official said.According to a PTI report: The...

Traders' body CAIT has said it has filed a complaint against Flipkart with the Enforcement Directorate for alleged violation of the government's foreign direct investment (FDI) policy.In a statement, the Confederation of All India Traders (CAIT) said it "has...

Walmart has introduced personal shopping service in collaboration with Jetblack. The service gives customers access to personal shoppers through text message by paying US $50 per month.Jenny Fleiss, Co-Founder and CEO of Jetblack said, “Consumers are looking for more...

The DIPP has referred a complaint of the RSS-affiliated SJM on the US $16 billion Walmart-Flipkart deal to the RBI, the ED, the CCI and the Income Tax Department.According to a PTI report: The sangh's economic offshoot Swadeshi Jagran...

Amazon Seller Services, the India unit of US e-tail giant Amazon, saw its losses widening to Rs 4,830.6 crore for 2016-17 fiscal from the previous year, as the company ramped up investments in the country to compete aggressively against...

E-commerce major Flipkart has seen its losses narrow to Rs 1,638.6 crore in 2016-17, as per a regulatory documents.According to a PTI report: It had a net loss of Rs 2,306.5 crore in the previous financial year, 2015-16.The company...