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Latest Articles in walmart

India Orders Antitrust Probe Of Amazon, Walmart's Flipkart

Walmart in 2018 invested USD 16 billion to buy a majority stake in India’s Flipkart, its biggest ever deal.

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Walmart Sacks Around 50 Executives In India Restructuring: Sources

The move underscores the struggles Walmart has faced in expanding its wholesale business in India.

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Walmart Sacks Around 50 Executives In India Restructuring

Walmart has around 600 staff in its India head office out of a total of around 5,300 nationally.

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Walmart, Flipkart Invest In Fresh Produce Supply Chain Startup Ninjacart

Partnering with Ninjacart will help Walmart and Flipkart strengthen direct sourcing of fresh produce for Walmart India's cash-and-carry stores and Flipkart's online grocery business Supermart.

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Walmart Chief Seeks Stable Business Environment From Modi: Report

In January, Walmart told the US government privately that India's new rules were regressive and had the potential to hurt trade ties.

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Flipkart Co-founder Sachin Bansal Acquires Chaitanya Rural

Bansal will invest Rs 739 crore (about $104 million) in Chaitanya Rural and take charge as its CEO.

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Amazon India Expands Delivery Network Ahead Of Festive Sales

The company said more than 100 delivery stations exclusively manage deliveries of products from its large appliances and furniture category alone.

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Walmart To Pay Over $282 Million To Close US Bribery Probe Into Its Business In Four Countries

Walmart agreed to pay more than USD 144 million to settle the SEC's charges and approximately USD 138 million to resolve parallel criminal charges by the Department of Justice for a combined total of more than USD 282 million

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Walmart Faces Major India Test Over Unit Flipkart's Legal Spat With Startup Goqii

The legal tussle between GOQii, a seller of smartwatch-type health devices, and Walmart's Flipkart unit, comes just months after India imposed stricter rules for foreign investment in e-commerce that were aimed at deterring such sharp discounts.

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Walmart Foundation To Raise Incomes For 10,000 smallholder Farming Families

Walmart Foundation will help IDEI take its Integrating Smallholder Farmers Into Market Systems program to ten districts in the state

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Walmart Partners With PhonePe For Secure Payment Options

Under the new collaboration, registered members of Walmart India’s Best Price Stores across the country will now be able to pay for their purchases via the PhonePe app on their mobile phone

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Income Tax Dept Examining Taxation Issues In Walmart-Flipkart Deal

Walmart has reportedly paid over Rs 7,439 crore as taxes to the government on payments made by it to major shareholders of Flipkart

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Walmart India Among ‘100 Best Companies For Women’ For 2nd Year In A Row

The study was to recognize the contributions of leading corporates in India towards building sustainable careers for women

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Flipkart Group CEO Binny Bansal Resigns After Misconduct Probe

"His decision follows an independent investigation done on behalf of Flipkart and Walmart into an allegation of serious personal misconduct," Walmart said in a statement, adding that Bansal has strongly denied the allegations

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