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Flipkart's Big Billion Days event lifts Walmart's International Q3 sales number

Flipkart's Big Billion Days event lifts Walmart's International Q3 sales number

Tue, Nov 19, 2024

US-based retail giant Walmart on Tuesday said its international sales in the third quarter got a boost from the 'Big Billion Days' sales event by its Indian e-commerce arm Flipkart.

PhonePe, Liquid Group partner to expand UPI QR payment service in Singapore

PhonePe, Liquid Group partner to expand UPI QR payment service in Singapore

Wed, Sep 11, 2024

The collaboration will allow PhonePe users travelling to Singapore to scan and pay using the app at Liquid Group's merchant base.

Wipro top-level exits continue as CTO Subha Tatavarti steps down

Wipro top-level exits continue as CTO Subha Tatavarti steps down

Tue, Aug 13, 2024

Before joining Wipro, she led different roles at Walmart and PayPal, among others. She was recognised in "Top 100 Executive Women in Tech to Watch" earlier this year by the WomenTech Network.

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Walmart layoffs hundreds of corporate employees—Check Why?

Walmart layoffs hundreds of corporate employees—Check Why?

Fri, Aug 05, 2022

Retail giant Walmart has laid off at least 200 corporate employees as the economic downturn takes its toll on companies worldwide.

Walmart layoff: American retail giant cuts hundreds of corporate jobs - Here's why

Walmart layoff: American retail giant cuts hundreds of corporate jobs - Here's why

Thu, Aug 04, 2022

Walmart described the layoffs as a way to "better position the company for a strong future," reports The Wall Street Journal. "We`re updating our structure and evolving select roles to provide clarity and better position the company for a strong future," a company spokesperson said in a statement late on Wednesday.

In a first, LIC enters Fortune 500 list, becomes top-ranked Indian company | Check full list

In a first, LIC enters Fortune 500 list, becomes top-ranked Indian company | Check full list

Thu, Aug 04, 2022

The list, topped by US retailer Walmart, has nine Indian companies -- five of them state-owned, and four from the private sector.

Walmart opens platform for Indian sellers to reach 120 mn US consumers

Walmart opens platform for Indian sellers to reach 120 mn US consumers

Thu, Apr 21, 2022

Retail giant Walmart on Thursday said that it is now offering manufacturers and trading firms in India to reach a growing market of more than 120 million US consumers each month.

McDonald preparing for virtual store in the metaverse; What is Metaverse, how does it work? Know the details with Ashish Chaturvedi

McDonald preparing for virtual store in the metaverse; What is Metaverse, how does it work? Know the details with Ashish Chaturvedi

Wed, Feb 16, 2022

The fast-food company is investing a big amount for this project and has already filed more than 10 patents for its virtual store.

Flipkart, Walmart invest $145 million in produce supply chain Ninjacart

Flipkart, Walmart invest $145 million in produce supply chain Ninjacart

Mon, Dec 13, 2021

Flipkart India and Walmart on Monday said they have invested USD 145 million in fresh produce supply chain company Ninjacart.

MSME - Walmart-owned Flipkart, IIM Sambalpur partner to support small businesses, artisans

MSME - Walmart-owned Flipkart, IIM Sambalpur partner to support small businesses, artisans

Sun, Aug 08, 2021

Walmart-owned Flipkart on Saturday said it has partnered with the Indian Institute of Management (IIM), Sambalpur, to support and promote small businesses, artisans and weavers by leveraging technology, e-commerce platform and market insights

Walmart''s Flipkart says Indian probe shouldn''t treat it the same as Amazon

Walmart''s Flipkart says Indian probe shouldn''t treat it the same as Amazon

Sun, Jul 18, 2021

Both Amazon and Flipkart have challenged the Competition Commission of India (CCI) in court as they seek revocation of an Indian court`s June decision to allow https://www.reuters.com/world/india/india-court-dismisses-pleas-by-amazo... an antitrust probe against them to continue. The companies deny any wrongdoing

Walmart launches Vriddhi Cares to help MSMEs with COVID-19 support

Walmart launches Vriddhi Cares to help MSMEs with COVID-19 support

Tue, Jun 29, 2021

Global retail major Walmart on Tuesday announced the launch of Vriddhi Cares, to extend COVID-19 support to MSME employees and their family members in the country.

Walmart to donate 20 oxygen-generating plants, cryogenic containers to India to fight COVID-19

Walmart to donate 20 oxygen-generating plants, cryogenic containers to India to fight COVID-19

Sat, May 01, 2021

Walmart will donate up to 20 oxygen-generating plants and 20 cryogenic containers to India for the storage and transportation of the life-saving gas, and also provide USD 2 million to non-governmental organisations to help them fight the devastating surge in coronavirus cases.

Monthly active users for Flipkart, PhonePe at 'all-time high': Walmart

Monthly active users for Flipkart, PhonePe at 'all-time high': Walmart

Wed, Nov 18, 2020

The US-based company had picked up a majority stake in the Indian e-commerce major, Flipkart, for USD 16 billion in 2018. Earlier this year, Walmart led a new USD 1.2 billion financing round that valued Flipkart at USD 24.9 billion

Walmart, Flipkart Group pump in additional investment in Ninjacart

Walmart, Flipkart Group pump in additional investment in Ninjacart

Mon, Oct 12, 2020

The companies, however, did not disclose the amount being invested. The transaction is expected to close by the end of the month

The Walmart Foundation announces two new grants to help India’s smallholder farmers

The Walmart Foundation announces two new grants to help India’s smallholder farmers

Thu, Sep 17, 2020

In a major news that will positively impact farmers, it has been revealed that the Walmart Foundation will invest $25 million (approximately Rs. 180 crores) over 5 years in improving farmer livelihoods in India

Walmart tests drone delivery amid competition with Amazon

Walmart tests drone delivery amid competition with Amazon

Thu, Sep 10, 2020

"The drones, which are controlled over the cloud using a smart and easy control dashboard, will help us gain valuable insight into the customer and associate experience, from picking and packing to takeoff and delivery," Ward said.

Govt rejects Flipkart's proposal for entering food retail sector

Govt rejects Flipkart's proposal for entering food retail sector

Mon, Jun 01, 2020

The Department for Promotion of Industry and Internal Trade (DPIIT) has rejected Walmart-backed Flipkart's proposal seeking approval for entry to the food retail sector citing a regulatory issue, an official said on Monday. The government permits 100 per cent foreign direct investment in food retail for food produced and manufactured in India

Flipkart partners Vishal Mega Mart for home delivery of essential products

Flipkart partners Vishal Mega Mart for home delivery of essential products

Tue, May 19, 2020

Flipkart Delivery: As the government announced the extension of nationwide coronavirus-induced lockdown, many people have turned to e-commerce platforms to place orders for essential goods like food.

Amazon, Flipkart issue: Stricter rules soon to regulate e-commerce; check out 8 that will make customer king

Amazon, Flipkart issue: Stricter rules soon to regulate e-commerce; check out 8 that will make customer king

Mon, Feb 24, 2020

Government likely to bring new rules for e-commerce players by 1 April, sources tell Zee Business' Sameer Dixit. Move to protect consumer interests

TDS deduction for big e-tailers, relief for small traders: FM

TDS deduction for big e-tailers, relief for small traders: FM

Sun, Feb 02, 2020

Further tightening the noose on global ecommerce giants like Amazon and Walmart-owned Flipkart, the Indian government has announced mandatory TDS deduction on e-commerce transactions for the participants on the e-marketplaces

Walmart introduces Supplier development program "Vridhi scheme''

Walmart introduces Supplier development program "Vridhi scheme''

Mon, Dec 09, 2019

Walmart introduces Supplier development program for MSMEs in India, named as Vridhi scheme.

This HDFC Bank Credit Card with Walmart link offers up to Rs 40,247 in savings! Can you get it? Find out

This HDFC Bank Credit Card with Walmart link offers up to Rs 40,247 in savings! Can you get it? Find out

Tue, Dec 03, 2019

This HDFC Bank credit card is meant exclusively for members of Walmart India's Best Price stores across the country. Around one million members are now being introduced to this co-branded card with benefits like rewards and cashbacks on all purchases and savings of up to 6% on annual spends.

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