Page 20 - Walmart

Walmart-owned Flipkart invests Rs 2,839 crore in India wholesale entity

The investment comes at a time when the government is coming up with National E-Commerce Policy

Walmart, HDFC unveil co-branded credit card for 'Best Price' members

Walmart India,in partnership with HDFC Bank, on Monday launched a co-branded credit card exclusively for members of its Best Price Modern Wholesale "B2B Cash & Carry" stores, offering "free credit upto 50 days. The card was launched here at Best Price Storeby Krish Iyer, President and CEO, Walmart India, and Parag Rao, Country Head, Payments Business and Marketing, HDFC Bank. Simultaneously, the card was launched at 26 other Best Price Modern Wholesale Store locations across the country. "I think, for our members, it is absolutely momentous occasion because this is the first time, our members in the kirana segment,..., in the offices and institutions segments and all our small resellers will be able to avail credit through digital and for a period ranging between 18 and 50 days and this credit is free...," Iyer said. Walmart would continue to open more stores in the country, he said. It would soon open a store at Kurnool in Andhra Pradesh, he added. The overall ...

With billions in pockets, Amazon, Walmart run into 70 mn Indian shopkeepers

The conflict comes amid a broader global backlash against the breakneck expansion of tech firms

Flipkart unveils smart assistant to handhold first-time e-commerce users

The platform would help Flipkart to tap consumers across tier II, III cities and beyond in rural India, as it seeks to bring the next 200 million consumers online.

Three, including gunman, killed in shooting outside Oklahoma Walmart store

Danny Ford, the police chief in the town of Duncan, said the shooting -- an apparent domestic dispute -- took place shortly before 10:00 am (1600 GMT) in a parking lot in front of the store.

India bet pays for Walmart Int'l, Flipkart helps US giant's Q3 net sales

Operating income takes a hit owing to $290 million impairment towards Jabong merger with Myntra.

S&P 500, Dow flat in early trade as Cisco losses offset Walmart gains

(Reuters) - The S&P 500 and the Dow Jones Industrial Average were unchanged on Thursday, but still hovered near record levels as a dour forecast from Cisco offset gains in Walmart after its strong outlook.

Flipkart's 'Big Billion Days' gave Walmart some cheer, and $30 bn in sales

McMillon said that the company also continues to see 'tremendous growth' at PhonePe, its digital payments arm

Walmart growth streak stretches to 21 quarters; sales up 3% in Sep quarter

Online sales rose 41%, higher than the previous quarter's increase of 37 pct and greater than the company's expectation of 35%

Retail's tech backbone: India-built software drives likes of Walmart, Tesco

Walmart Labs has about 3700 people in India and most of them are based in Bengaluru

Govt may create a regulator to settle e-commerce disputes: Report

Modi govt is under pressure from small traders, a traditional support base for the ruling BJP, to act against the big online retailers

Karnataka HC stays NCLT order against Flipkart for defaulting payment

Flipkart had approached the Karnataka High Court after NCLT initiated insolvency proceedings for defaulting on Rs 18 crore payment to one of its suppliers

Amazon found selling clothes from factories other retailers blacklist

After a deadly 2013 factory collapse, most big US apparel companies agreed to steer clear of dangerous plants in Bangladesh. Not Amazon.

CAIT urges PM not to concede any ground to Walmart, e-commerce firms

Confederation of All India Traders (CAIT) wrote to the Prime Minister after Walmart CEO Doug McMillon raised issues concerning data privacy and regulatory stability for the e-commerce sector

Walmart CEO pens a letter to PM on data privacy, regulatory stability

He also appreciated the prime minister for listening to the retailer's concerns on regulatory stability and uniform implementation of regulations in the e-commerce and retail sectors

Top 10 biz headlines: Ogilvy-Vivo dispute, Tata Steel cuts jobs, and more

From Ogilvy dragging Vivo to court over plagiarism to Tata Steel cutting jobs in Europe, here are the top 10 business headlines on Tuesday

India's tech renaissance: PhonePe, Paytm could be the next TCS, Infosys

Hopefully the momentum at both PhonePe and Paytm will spur more Indian entrepreneurship, feeding a rebirth in India's tech sector not seen since the IT-outsourcing boom two decades ago

Walmart boosts local MSME sourcing ahead of Diwali, shuns plastic packaging

Firm claims it is sourcing a range of food items and traditional handicrafts made in UP, apart from goods from Jaipur, Panipat, Sholapur and Ahmedabad

How Amazon, Flipkart and Mukesh Ambani can help save India's banks

Amazon Flipkart claimed record sales during the recently concluded six-day online shopping bonanza

We have not seen any big impact of slowdown on anything: Flipkart Group CEO

The number of brands and merchants and ecosystem players, who are participating in the festival season this year, has gone up several times, says Kalyan Krishnamurthy