walmart

World's largest e-commerce player Amazon has invested an additional Rs 2,600 crore in its India operations ahead of the US retail giant Walmart taking over the country's e-tail major Flipkart. "The Amazon board has accorded consent to allot 260 crore...

The world's largest retailer Walmart Inc is close to clinching a deal to buy a majority stake in Flipkart for roughly US $15 billion, according to sources close to PTI. According to a PTI report: The deal, which will see...

Traders' body CAIT has demanded scrutiny of the proposed US $12-billion Flipkart-Walmart deal, claiming that it will promote loss funding and predatory pricing in e-commerce sector. It is really unfortunate that in spite of having a clear FDI policy, foreign...

US retail giant Walmart’s US $12 billion acquisition of India’s biggest e-commerce firm Flipkart is in the final stages and a deal is likely to be announced in the next few days, according to sources close to PTI. According to...

India's e-tailer major Flipkart has turned into a private company from a holding firm, ostensibly for a strategic buyout soon by the world's largest retail giant Walmart Inc, according to documents it filed for regulatory approvals. "Documents filed by Flipkart...

As much as US $2.1 billion worth of M&A (merger and acquisition) transactions were inked in 2017 in the booming Indian e-commerce industry, which may soon witness its largest-ever deal - the proposed Flipkart-Walmart nuptial. According to a PTI report:...

The under-works US $12-billion Flipkart-Walmart deal has left merchants selling products through the e-commerce platform jittery as they claim to be clueless about the ongoing negotiations and its possible impact on their business. According to a PTI report: These sellers...

The American Chamber of Commerce (AMCHAM) in India has announced Krish Iyer, President & CEO, Walmart India as Chairperson of its National Executive Board. The election was made at the National Executive Board Meeting on April 26, 2018. Krish...

Global retail giant Walmart is inching close to sealing the deal to buy a majority stake in Flipkart for as much as US $12 billion, even though rival Amazon is still jostling to turn the deal in its favour. According...

Walmart Inc and J Sainsbury has announced the combination of Sainsbury’s and Asda Group Limited, Walmart’s wholly owned UK retail subsidiary. At a time of significant and rapid change in the retail sector, the combination will create one of the...