Myntra swings to net loss of Rs 579 crore in FY26, revenue drops 13%Myntra was the only profitable unit within the Flipkart group in FY25. The company saw a leadership change in 2026, when CEO Nandita Sinha ...
Flipkart Internet’s revenue falls 19% YoY to Rs 16,295 crore in FY26Meanwhile rival Amazon India’s marketplace entity Amazon Seller Services reported a 15% increase in operating revenue to Rs 34,966.8 crore ...
Flipkart Internet’s sales surge 18%, losses shrink as the e-commerce giant eyes a public listingFlipkart Internet achieved an 18% increase in revenue to Rs 1,45,880 crore in FY26. The company's net loss decreased by Rs 178 crore to Rs ...
Former Dyson India MD Ankit Jain launches home appliances venture with Rs 12 crore fundingThe Gurugram-based startup will use the capital to develop proprietary technology for its first range of kitchen appliances, which it plans...
Influential Hindu group urges India to block Starlink amid Musk-Ambani feudAn influential Hindu nationalist group close to India's ruling party urged the government on Tuesday to block Elon Musk's Starlink from lau...
Billionaire is building $500 billion modern Eden in American southwest: The city will have self-driving cars, flying vehicles, drought-resistant water systems and moreAn American billionaire entrepreneur is reportedly building a modern-day Eden in Southwest America. Named Telosa, the city has received $50...
Kroger to cut 3,000 corporate jobs as CEO Greg Foran launches sweeping restructuring to take on rivals in the battle for cheaper groceriesKroger is embarking on a major restructuring by cutting around 3,000 corporate roles to boost operational efficiency. This strategic decisi...
Overseas buyers from 100 countries to engage with 3,000 exhibitors at 62ndIHGF Delhi Fair this weekIndia’s handicraft sector is looking to strengthen its global reach as the 62nd IHGF Delhi Fair brings together over 3,000 exhibitors and b...
Zetwerk IPO eyes big returns; Flipkart alumni seek Esop buybackZetwerk’s early investors are poised for big gains as the platform prepares to go public. This and more in today’s ETtech Top 5.
In 1966, Walmart bought George Washington’s Virginia farm. But locals raised $2.2 million to save his childhood home. Now, it stands as a historic landmarkFerry Farm, the childhood estate of George Washington, faced potential demolition for a Walmart in Virginia. In response, local residents r...
The ET Startup Awards 2026 specialHappy Monday! The Economic Times Startup Awards (ETSA) 2026 ceremony brought together the country’s top founders, investors, and policymake...
Former Flipkart group employees launch petition seeking inclusion in proposed $2 billion Esop buybackOn October 10, a group of former executives launched a petition aiming to bring together 20,000-30,000 former employees of Flipkart and its...
Andhra factory makes 3 million tea bags daily for global giants Walmart, Aldi and CarrefourEverton Tea India thrives in Tirupati, manufacturing a whopping three million flavored tea bags each day for international markets. Since i...
M&M’s Marvel candy returns ahead of ‘Avengers: Doomsday’: Prices, Walmart exclusive and where to buyUS fans can experience the collaboration with seven limited-edition collectible mash-up packs. In this packet, M&M's Spokescandies, dressed...
Flipkart alumni seek Esop buyout; Local sourcing for ISM 2.0Former Flipkart executives are seeking a full cash-out of vested Esops. This and more in today’s ETtech Top 5.
ET Exclusive: Flipkart’s former suites write to Walmart board, seek fair treatment and full cash out of vested ESOPsA group of former senior Flipkart executives has urged Walmart to buy back their vested stock options. This request comes after the company...
Meet world’s richest woman: Alice Walton got $33 billion richer without running Walmart, is building a $250 million tuition-free medical schoolAlice Walton, the world’s richest woman and Walmart heiress, saw her fortune rise by $33 billion in one year even though she does not run t...