Allegations Left Me Stunned, Flipkart’s Binny Bansal Told Staff In Email. Walmart bought a 77 percent of Flipkart, controlling stake in the Indian e-commerce business
Tag: Walmart
Flipkart’s Binny Bansal Quits As CEO After “Personal Misconduct” Probe
Flipkart’s Binny Bansal Quits As CEO After “Personal Misconduct” Probe Flipkart group chief executive officer (CEO) Binny Bansal resigned on Tuesday, the e-commerce company and
Walmart completes deal to acquire 77% stake in Flipkart
NEW DELHI: US-based retail giant Walmart Inc on Saturday said it has completed deal with Flipkart and now holds 77 per cent stake in the
Walmart India activates UPI on its B2B e-commerce platform
LUCKNOW: 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
Walmart files caveats, takes on SJM, trade body CAIT
BENGALURU: Walmart has filed caveats in the Delhi HC against the RSS affiliate Swadeshi Jagran Manch (SJM) and the Confederation of All India Traders (CAIT),
IKEA in India: The challenges it may face
MUMBAI: Swedish home furnishings major IKEA on Thursday opened its first store in India, kicking off its retail journey five years after it received approval
CCI puts stamp of approval on Flipkart-Walmart deal
NEW DELHI: The Competition Commission of India (CCI) on Wednesday cleared the proposed acquisition of homegrown e-tailer Flipkart by global retailer Walmart. The Bentonvilleheadquartered company
Competition Commission clears Walmart-Flipkart deal
NEW DELHI: The Competition Commission today said it has approved US retail giant Walmart’s proposed acquisition of Flipkart. In May, Walmart Inc announced the acquisition
At $30 billion, SoftBank weighs the largest public listing ever
NEW DELHI: SoftBank Group Corp. is considering seeking a valuation of about $90 billion for its Japanese wireless business in a planned initial public offering,
SoftBank’s earnings surge 50 times, CEO Son looks to ‘grow for 300 years’
TOKYO: Japanese technology company SoftBank says its net profit soared more than 50-fold from a year earlier to 313.7 billion yen ($2.8 billion) in the