Flipkart's IPO plans; windfall for India's super-richFlipkart CEO Kalyan Krishnamurthy said at a recent offsite that the company was looking at an IPO around this time next year.
17 Dec, 2021, 06.29 AM IST
Flipkart's sweet Diwali; chatbot firms cheer 'WhatsApp commerce'The Flipkart Group, including fashion portal Myntra, bagged a market share of around 60% during this year's Diwali sales, according to data...
10 Dec, 2021, 12.37 AM IST
Walmart CFO says open to Flipkart IPO, but sets no specific timelineFlipkart has been weighing an IPO in the US.
08 Dec, 2021, 06.00 AM IST
Ad giants' grip loosens; Indian VCs bet big on Web3Alphabet and Meta's local units accounted for more than 85% of the equalisation levy collected by India in the financial year 2020.
08 Dec, 2021, 05.56 AM IST
Global capex booms as companies prepare for post-pandemic eraGlobally, corporate capital expenditure, or capex, will jump by 13% this year, according to S&P Global Ratings, with growth in all regions ...
12 Sep, 2021, 10.11 AM IST
Walmart's investment year will hold back profit growth; shares slideThe world's biggest retailer, which employs 1.5 million people in the United States, also said it is raising wages to more than $15 per hou...
18 Feb, 2021, 11.26 PM IST
Monthly active users for Flipkart, PhonePe at 'all-time high': WalmartIn a statement, Walmart said its 'international' segment's net sales were at USD 29.6 billion, an increase of 1.3 per cent, and that change...
18 Nov, 2020, 11.35 AM IST
Walmart takes a $290 million impairment on JabongFlipkart has been struggling to figure out a definitive long-term strategy for the fashion portal.
15 Nov, 2019, 09.12 AM IST
Walmart CEO writes to PM, seeks stable business environmentChanges in foreign direct investment rules for e-commerce marketplaces late last year had upset Walmart-owned Flipkart and rival Amazon, an...
22 Oct, 2019, 01.04 PM IST
First-quarter results: Flipkart shakes Walmart's global earnings cartUS giant's gross profit rate, operating income drop due to Flipkart's inclusion in this year's financial performance.
17 May, 2019, 08.08 AM IST
Walmart disappointed with FDI norm change soon after Flipkart dealEcommerce firms were asked to provide services such as warehousing, logistics and advertising to all sellers in a fair manner.
07 Mar, 2019, 07.16 AM IST
Walmart expected regulatory changes, but disappointed it happened quickly: Brett Biggs, CFOWalmart entered India in 2008 by setting up a joint venture with Bharti Enterprises, an Indian conglomerate, to open wholesale stores.
06 Mar, 2019, 03.13 PM IST
Walmart shares plunge 4% after Flipkart deal; m-cap down by $10 billionThe world’s largest retailer will acquire a 77% holding in Flipkart Group for $16 billion.
09 May, 2018, 08.54 PM IST