Sikh teenager, recently relocated from India to Canada, found dead at Walmart store in HalifaxWalmart Oven Death: In a tragic incident, a Walmart employee was found dead inside of a walk-in bakery oven at the superstore in Canada ove...
25 Oct, 2024, 09.59 AM IST
Layoffs pile up in US, Canada as companies uncertain of economyAs job cuts persist in 2024 across the U.S. and Canada, sectors including technology, automakers, media, and financial services are heavily...
09 Aug, 2024, 06.35 PM IST
Flipkart in talks to raise $1 billion, Walmart commits $600 millionFlipkart’s latest financing is likely to value it at about 5-10% premium to its last valuation of $33 billion, people aware of the matter s...
21 Dec, 2023, 10.13 PM IST
Data analytics firm Tredence announces second Esop buyback worth $30 millionThe buyback will include over 270 employees globally, the statement said, adding that eligible employees will participate in the repurchase...
09 Feb, 2023, 07.41 PM IST
Flipkart opens up logistics arm to other ecommerce firms; plans NFT play tooAccording to sources, Ekart has added about 30 clients and is looking to onboard more as it doubles down on leveraging its internal logisti...
28 Apr, 2022, 11.54 AM IST
Flipkart infuses nearly $700 million in its marketplace and healthcare unitThe fresh cash is being deployed at a time when Walmart-owned Flipkart is scaling many of its new businesses like epharmacy, travel, social...
31 Mar, 2022, 11.13 PM IST
Flipkart to buy back employee stock options worth Rs 600 croreSources said the employee stock options buyback would entail a spending of about Rs 600 crore, and employees will be able to liquidate up t...
12 Jul, 2021, 10.57 PM IST
Flipkart raises $3.6 billion, valuation jumps to $37.6 billionCanada's CPPIB, Singapore's GIC, SoftBank and Walmart lead new round
12 Jul, 2021, 05.24 PM IST
Flipkart has plans to buy back ESOPs worth $125 millionFlipkart employees will have the option to liquidate their vested ESOPs. In 2018, when Walmart acquired Flipkart, it had reserved $500 mill...
23 Jun, 2021, 07.10 AM IST
Flipkart to focus on subscription programme, grocery in 2021: Kalyan KrishnamurthyWalmart’s India businesses of Flipkart and PhonePe performed exceptionally well last year, despite challenges posed by the pandemic, Walmar...
18 Feb, 2021, 11.27 PM IST
Walmart CEO Doug McMillon says 'committed' to Indian marketWalmart CEO Doug McMillon said his firm is aggressive on the Indian market given the size of the opportunity.
17 Apr, 2019, 06.34 AM IST
Binny Bansal filed police complaint against woman who alleged misconductBinny’s decision to approach the the police came last week, after he stepped down as the Group CEO.
23 Nov, 2018, 01.07 PM IST
Four senior executives from Walmart join FlipkartWalmart's M&A head Emily McNeal will join the Flipkart Group as senior vice president and group chief financial officer, according to an em...
17 Sep, 2018, 11.21 PM IST
Walmart founder's grandson, two others to join Flipkart boardDoug McMillon made the announcement in a townhall on Thursday, a day after the US retailer announced a $16-billion deal to acquire 77% stak...
11 May, 2018, 08.19 AM IST
Walmart to expand tech centre at Bangalore as it takes on e-commerce rival AmazonThe Bangalore centre which currently employs 400 people, will more than double its headcount by the end of next year, sources said.
11 Dec, 2013, 04.42 AM IST
- Rathke's campaign will mobilise farmers
Anti-Wal-Mart activist, who is in India to mobilise a campaign against retail plans to mobilise farmers.
24 Apr, 2007, 02.35 AM IST
- Wal-Mart going for employer branding
Mired in several employee-related controversies in its home country, US-based Wal-Mart is in search of an able hand which can help build it...
22 Mar, 2007, 02.25 AM IST