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WALMART FINANCIAL MILESTONES
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...- IPO-bound Flipkart shifts domicile to IndiaIPO-bound Flipkart has shifted its domicile to India, having secured government nod for an internal restructuring that now makes Flipkart I...
- Why is Dow Jones down today: Dow crashes more than 270 points today – S&P 500 and Nasdaq also in deep redWhy is Dow Jones down today: Dow Jones Industrial Average dropped 271.87 points on Thursday, falling 0.55% to close at 49,390.79. The S&P 5...
- Walmart hits $1 trillion in market value for the first timeWalmart became the first retailer ever to hit $1 trillion in market valuation on Tuesday, riding on a year-long rally that has seen its sh...
- How deals with OpenAI have led to share surges for its partnersOpenAI is making massive deals worth over a trillion dollars. These agreements secure computing power for its AI goals and hardware plans. ...
- Reverse flipping by Indian startups gathers steam: Here’s all you need to knowBetter listing prospects and easier legal formalities are seeing many Indian startups change domicile to India from overseas. Here's a look...
- Walmart’s tariff troubles begin to bite but company posts first profitable quarter in e-commerceWalmart’s latest earnings report reveals early signs of pressure from rising tariffs even as it celebrates its first profitable quarter in ...
- Zomato becomes first new-age tech firm to join Sensex: what’s the significance?Zomato's inclusion in the 30-stock benchmark index is driven by a remarkable rally in its stock. Shares of the Deepinder Goyal-led company ...
- Groww pays $160 million tax for domicile shift; losses riseGroww's Operational profit rose to Rs 535 crore from Rs 458 crore in FY23, according to the company. Groww relocated its domicile to India ...
- Another top-level exit at Swiggy, SVP Anuj Rathi likely to leaveRathi will join a list of top executives at Swiggy, who have left the company in recent months.
- Noise appoints Smeer Chopra as CFOAs CFO of Noise, Smeer Chopra will be responsible for driving strategic initiatives around financial controllership, business partnership, ...
- Processing about 1.5 billion transactions a month: PhonePePhonePe co-founder and Chief Technology Officer Rahul Chari said while demonetisation was a catalyst for digital transactions, the company ...
- Flipkart partially spins off PhonePe, Binny Bansal to join board of fintech companyFlipkart co-founder Binny Bansal will join PhonePe's board of directors, along with the fintech company's co-founders Sameer Nigam and Rahu...
- Google, Walmart help drive India payments past 1 billion transactionsIndian digital payments took off when the govt pushed demonetization in 2016, invalidating most of the country’s high-value currency notes ...
- Wipro arm invests Rs 9.78 crore in big data startup AltizonWipro Ventures has picked up a minority stake in Pune-based big data startup Altizon Systems for Rs 9.78 cr as part of a Series A funding r...
- Wipro invests in Pune-based big data startup AltizonAltizon has raised about $4 mn as part of this round that Wipro Ventures led, with other investors such as Lumis Partners, The Hive and Inf...
- Qatar's investor Hassad Food acquires majority equity interest in India's Bush Foods OverseasHassad Food, Qatar's premier investor in the agriculture and livestock sectors has acquired a majority equity interest in India-based Bush ...
- Retail stocks end higher; market hopes for more reformsRetail stocks such as Pantaloon, Trent, Provogue closed higher after govt won the approval of allowing FDI in multi-brand retail.
- SUNDAY ET: Walmart's self-reporting on corruption is a indictment of India's graft-ridden systemWalmart's reporting to the US authorities of possible wrongdoing by its joint venture with Bharti in India highlights the power of governan...
- Quintegra acquires two firms for $10.5 mnThe co has acquired ValleyUS of the US and Jadelite Technologies of Singapore.
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