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Walmart increases stake in Flipkart, pays $3.5 billion to acquire further shares

During the same period, the company received $700 million related to new rounds of equity funding for the company's majority-owned PhonePe subsidiary New Delhi: US retail giant Walmart has increased its stake in Indian e-commerce subsidiary Flipkart as it paid...

Mahindra Logistics signs pact with Flipkart for dedicated fleet of heavy commercial vehicles

Under the partnership, Mahindra Logistics will operate 32 feet single axle HCVs for Flipkart in collaboration with Daimler India Commercial Vehicles, which will run on multiple national routes, across the country Mumbai: Mahindra Logistics Limited (MLL) on Friday announced a...

Flipkart’s grocery fulfilment centre launched in Ludhiana

The centre will market access to a large number of Micro, Small and Medium Enterprises (MSMEs), and farmer producers' organisations Ludhiana: Punjab Investment Promotion Minister Anmol Gagan Maan on Wednesday launched Flipkart's first grocery fulfilment centre in Ludhiana, according to...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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