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Unique ecosystem of suppliers to help Walmart export goods worth $10 bln from India annually by 2027: CEO

Walmart Inc President and CEO Doug McMillon reaffirmed the roadmap for strengthening partnerships with Indian communities, expanding opportunities for Indian…

May 10, 2023 21:42 IST

Indian suppliers, partners to help Walmart export $10B of Indian goods annually by 2027: CEO Doug McMillon

Trade, import and export for MSMEs: In 2020, Walmart had announced that it will triple its exports of goods from…

May 10, 2023 12:27 IST

Richest Families in the world | Walton | Mars | Ambani

From Waltons to Ambanis: Check out the top 5 wealthiest families in the world

In this article, we will list some of the wealthiest families in the world and their respective sources of wealth.

April 13, 2023 10:00 IST

Walmart sees lower 2023 performance in time of economic uncertainty

Higher U.S. consumer prices and loftier costs for rental housing and food have raised fears among executives that the U.S.…

Updated: February 22, 2023 12:45 IST

PhonePe raises $350 million at $12 billion valuation

Funding rounds backed by venture capital firms have slowed down, with Indian startups having raised a third lesser last year…

Updated: January 19, 2023 12:16 IST

Walmart, Flipkart, Myntra, sourcing, exports, toy exports, India, suppliers, Doug McMillon, skill development, cash-and-carry format, technology, e-commerce

Walmart gets $1 billion tax bill for PhonePe shift to India

Investors including Tiger Global Management have now purchased shares of PhonePe in India at the new price, leading to tax…

January 5, 2023 14:07 IST

women in tech, women in tech companies, tcs, walmart, Wequity, Wequity awards

TCS, Walmart in award list of most inclusive companies for women in tech

Wequity Awards honours companies that are making workplaces inclusive for women.

January 4, 2023 16:54 IST

6 killed in shootout at Virginia’s Walmart store, gunman also dead – Photos

So far this year, the US has witnessed 40 mass killings.

November 23, 2022 19:58 IST

Walmart shooting: Multiple people dead in Virginia, including gunman

At 10:12 pm, police responded to a report of a shooting inside a Walmart at Sam’s Circle, Kosinski said, adding…

Updated: November 23, 2022 12:15 IST

Walmart expects smaller drop in annual profit, announces $20 bln share buyback

The company’s heavy discounting and focus on keeping prices lower than rivals have also helped it take market share from…

November 15, 2022 18:15 IST

Flipkart burns over USD 3.7 billion cash in about a year till September 2022

The company, in July 2021, raised USD 3.6 billion (about Rs 29,000 crore), which has been completely exhausted, according to…

Updated: November 10, 2022 14:00 IST

Flipkart Commerce general counsel quits; Walmart India’s VP legal gets interim charge

The resignation of Panigrahi has come in the midst of the company running its annual festival sale – The Big…

Updated: September 29, 2022 12:51 IST

Kiranas account for 30% of Flipkart’s 100 million monthly deliveries

In addition, the Walmart-owned company said it has doubled the number of kirana partners to 200,000 over the last year.

Updated: September 5, 2022 11:32 IST

PhonePe says not planning IPO right now

Flipkart owns about 87 per cent stake in PhonePe, while Walmart has about 10 per cent.

June 16, 2022 16:50 IST

PhonePe prepping for IPO, seeks valuation of $8-10 billion

Recently, a number of internet-led businesses launched their IPOs, including Zomato, CarTrade, Nykaa, Paytm and PolicyBazaar.

June 15, 2022 16:35 IST

Tencent buys Rs 2,060-crore stake in Flipkart

A slew of investors like DisruptAD, Qatar Investment Authority, Khazanah Nasional Berhad, Tencent, Willoughby Capital, Antara Capital, Franklin Templeton and…

June 13, 2022 05:30 IST

Flipkart clocks over 200 million fashion products 2022 Spring-Summer season

The season saw close to 1.75 lakh fashion sellers participating and they came from metros as well as Tier 2…

June 2, 2022 03:15 IST