Page 18 - Walmart

US Fed invests $428 million in Walmart, oil firms, tobacco giant and others

WASHINGTON (Reuters) - The U.S. Federal Reserve bought $428 million in bonds of individual companies through mid-June, making investments in household names like Walmart and AT&T as well as in major oil firms, tobacco giant Philip Morris International Inc, and a utility subsidiary of billionaire Warren Buffett's Berkshire Hathaway holding company.

Mukesh Ambani nears deal to buy stake in some units of Future Group

An agreement between Ambani's Reliance and Future, which already has a partnership with Amazon.com Inc., could be announced as early as next month

CCI to review Facebook's purchase of 10% stake in Reliance Jio

The US social media giant's $5.7 billion investment in Reliance's digital unit is the biggest among a string of investments amounting to $13.7 billion into Jio Platforms, controlled by Mukesh Ambani

Walmart-Flipkart deal: AAR rejects Tiger Global plea on withholding tax

Tiger Global was one of the prominent shareholders in e-commerce major Flipkart, founded by Sachin Bansal and Binny Bansal in 2007.

Govt rejects Flipkart's proposal for entry into food retail business

The government permits 100 per cent foreign direct investment in food retail for food produced and manufactured in India

IT firms to face heat as global enterprises put digital projects on hold

Digital initiatives of several global enterprises have been cancelled or postponed in the last couple of months as the Covid-19 crisis has prompted firms to halt non-revenue generating ventures

Limited Flipkart sales in India hit our growth: Walmart CEO Doug McMillon

Closure of stores, warehouses contributed to volatility in first quarter: McMillon

Direct to home

Doorstep delivery is the biggest opportunity thrown open by the coronavirus crisis. Inevitably, new leaders will emerge in this landscape

Amazon India extends work from home plan till Oct amid Covid-19 spread

Flipkart to reopen offices in graded manner

Global business bodies nudge FM Sitharaman to defer equalisation levy

The bodies have also approached the US Trade Representative to call for discussion on India's move to impose equalisation levy while the matter is still under discussion at international level.

What really is essential?

To make iron-fisted distinctions between essential and non-essential products is poor policy making

Walmart, Flipkart secure one million medical gowns in coronavirus fight

The companies have committed Rs 46 crore to support India's fight against the pandemic.

Covid-19: Walmart to hire 50000 more workers as people continue stockpiling

Walmart said it will now require its US staff to wear masks or other face coverings at work

21-day lockdown: E-commerce firms set to resume work after police assurance

The Delhi police issued a statement saying they were proactively engaging with e-commerce portals and were issuing passes to ensure agents were able to commute seamlessly

Sameer Aggarwal elevated to Walmart India CEO, takes charge on April 1

This is his third promotion in the two years since he joined the company in April 2018 as Exec Vice President; taking over from Krish Iyer

PhonePe extends 'work from home' to offline sales, customer service agents

All PhonePe employees, including over 8,500 offline sales agents and more than 1500 customer service agents including third-party contract workers, have been mandated to work from home

Flipkart aims to make life insurance more accessible to Indians

The Walmart-owned e-commerce firm has partnered with Aegon Life Insurance to offer paperless and quick-access life insurance policy

Google, Walmart join US effort to speed up coronavirus testing

Google would offer a website to help people determine whether they needed tests and retailers would set up drive-through testing in parking lots

Coronavirus: Bengaluru shuts down; firms ask employees to work from home

Google techie tests positive for Coronavirus; Amazon, Uber India, Microsoft ask all employees to work from home if they can

NCLAT sets aside CAIT plea against CCI nod to Walmart's Flipkart buy

A two-member bench of the appellate tribunal headed by Justice S J Mukhopadhaya said CAIT failed to establish its allegations against CCI granting approval for Walmart-Flipkart deal