Walmart: News
Meet Alice Walton, world's richest woman worth $102B
Alice Walton, the only daughter of Walmart founder Sam Walton, has been named the world's richest woman by Forbes.
PhonePe plans to raise $1.5B via IPO at $15B valuation
Walmart-backed PhonePe, India's leading digital payments company, is gearing up for an initial public offering (IPO) that could raise as much as $1.5 billion.
Forget banks! Flipkart can now lend you money directly
Walmart-owned Flipkart has secured a non-banking financial company (NBFC) license from the Reserve Bank of India(RBI).
Trump just got grilled on 'TACO' trade—He says 'nasty question'
The term "TACO" trade, coined by Financial Times columnist Robert Armstrong, has drawn the ire of US President Donald Trump.
Walmart: Laid-off employees can apply for new US, India jobs
Walmart, the world's largest retailer, is set to create "several hundred new roles" in the US and India.
'H1-B...complete fraud': Musician questions why Indians are employed at airports
A musician and builder, Sean Carpenter, has sparked controversy with his comments about Indians working at Washington DC airport.
Nike announces price hike—Here's what's getting more expensive
Nike has announced plans to hike prices of select products from June 1.
50% of US firms consider price hikes. Reason? Trump's tariffs
More than half of surveyed US companies intend to raise their prices due to tariffs imposed by President Donald Trump, a global survey by Allianz Trade found.
Trump urges Walmart to 'eat the tariffs,' not hike prices
US President Donald Trump has slammed retail giant Walmart for its plans to hike prices, owing to the government's import duties.
Walmart-owned Flipkart is facing senior leadership exodus: Report
E-commerce giant Flipkart, owned by Walmart, is witnessing a major churn in its senior management, as per Moneycontrol.
Ahead of IPO, PhonePe transitions from private to public company
PhonePe, one of the leading digital payments platforms in India, has transitioned from a private to a public limited company.
Apple continues to reign supreme as world's most valuable brand
Brand Finance, a UK-based brand valuation consultancy, has released its Global 500 list for 2025.
PhonePe hits 600M registered users, gains 100M in 16 months
PhonePe, one of the leading players in the fintech sector, has announced that it now has 600 million registered users.
Amazon workers in North Carolina say no to forming union
Amazon employees at a warehouse in Garner, North Carolina, have voted against unionization.
Mattel's stunning Lunar New Year Barbie Doll is here!
Mattel has unveiled a special Lunar New Year Barbie doll for 2025, following the brand's massive surge in popularity since 2023.
After Walmart, Meta ends programs aimed at diversifying workforce
Meta, the parent company of Facebook, has opted to dismantle its diversity, equity and inclusion (DEI) programs. It joins other corporate giants such as Ford, McDonald's and Walmart in scrapping such policies.
Swiggy and Flipkart-backer Accel raises $650M for 8th India-focused fund
Accel, a top global investment firm, has raised $650 million for its eighth India-focused fund.
Viral Stanley Cup scandal: 2.6M mugs recalled—what went wrong
Stanley, a popular maker of stainless steel travel mugs, has voluntarily recalled some 2.6 million of its Switchback and Trigger Action models.
'The Shining' turns 45: New 4K Steelbook features infamous ax
Stanley Kubrick's iconic horror film, The Shining, is all set to celebrate its 45th anniversary with a special release.
Walmart faces backlash for selling Lord Ganesha-printed underwear
United States retailer Walmart is facing severe criticism for selling products with prints of Hindu deity, Lord Ganesha.
Flipkart plans to launch IPO in 12-15 months: Report
India's leading e-commerce platform Flipkart is gearing up for an IPO in the next 12-15 months, according to The Economic Times.
Black Friday 2024: What is it, when is it
Black Friday 2024 will fall on November 29, unofficially kicking off the holiday shopping season.
After Ford and Harley-Davidson, Walmart rolls back its DEI policies
Walmart, the world's largest retailer, has announced a major rollback of its diversity, equity and inclusion (DEI) policies.
Who is Robby Starbuck: Architect of Walmart's 'woke policy' rollback
Walmart, the world's largest retailer, is overhauling its diversity, equity, and inclusion (DEI) policies.
No foul play in Indian found dead in Canada's Walmart
The Halifax Regional Police have determined that there was "no evidence of foul play" in the death of 19-year-old Gursimran Kaur, an Indian-origin woman who was found dead inside a walk-in oven at a Walmart store in Canada.
Disturbing details about Sikh found 'charred' in Walmart oven emerge
In a shocking incident, a 19-year-old Indian-origin woman was found dead inside a walk-in bakery oven at a Walmart store in Halifax, Nova Scotia, Canada.
19-year-old Sikh woman found dead inside oven at Canada Walmart
A 19-year-old Sikh woman was found dead inside a walk-in oven at a Walmart store in Halifax, Canada.
Blinkit imposes 2-month notice period policy to prevent employee poaching
Blinkit, a major player in the quick commerce space, has updated its employment contracts to include a notice period of up to two months for senior employees.
What happens when you shoot down delivery drones
A recent incident in Clermont, Florida has brought the legal implications of shooting down delivery drones into sharp focus.
Flipkart flips policy: Sellers back in driver's seat for pricing
After a 40-day suspension, e-commerce giant Flipkart has reinstated the option for sellers to change their product prices.
PhonePe now offers loan for bike, car, home, gold, education
PhonePe, a digital payments firm backed by Walmart, has introduced a range of secured lending products on its platform.
Dow Jones soars past 40,000 for the first time ever
The Dow Jones Industrial Average achieved a historic milestone on Thursday as it crossed the 40,000 level for the first time.
Walmart lays off hundreds of employees in shift toward automation
Walmart, the world's largest retailer and America's biggest private employer, is reportedly laying off hundreds of corporate jobs.
Flipkart plans to shift domicile from Singapore to India
E-commerce titan, Flipkart, is reportedly considering a shift of its domicile or holding company from Singapore to India.
Security flaws found in doorbell cameras sold on Amazon, Walmart
Doorbell cameras sold by major retailers like Amazon, Walmart, Shein, Sears, and Temu have been found to have security flaws, according to a recent investigation by Consumer Reports.
Why rappers Snoop Dogg and Master P are suing Walmart
Rappers Snoop Dogg and Master P are suing Walmart and food manufacturing company Post Consumer Brands for allegedly sabotaging their cereal brand, Snoop Cereal.
Flipkart co-founder Binny Bansal exits board over conflict of interest
Binny Bansal, the co-founder of Flipkart, has stepped down from the e-commerce giant's board.
Flipkart to lay off 1,000 employees in yearly restructuring move
Flipkart, an e-commerce giant owned by Walmart, is planning to lay off around 1,000 employees, which accounts for nearly 5% of its total workforce, as part of an annual restructuring effort.
Walmart's new AI offering can do your shopping for you
Walmart is stepping up its game with a new AI-powered feature for its InHome replenishment service in the US.
Walmart shifting from China to India over lower import costs
Walmart, the world's largest retailer, is increasingly importing goods from India to the US, reducing its dependence on China.
PhonePe's Indus Appstore might launch today; to challenge Google, Apple
Walmart-owned fintech company PhonePe is set to launch its own mobile app store, Indus Appstore, aiming to challenge the dominance of Google and Apple in mobile app distribution.
US stores are keeping toothpaste, deodorant in locks: Here's why
Major retailers in the United States (US), including Walmart, CVS, Target, Home Depot, Walgreens, and Foot Locker, have started locking up daily use products like toothpaste, chocolate, detergent powder, and deodorant due to an increase in petty theft and organized shoplifting, reported AFP.
Walmart invests $3.5 billion in Flipkart, stake rises to 80%
Walmart has invested $3.5 billion in the first half of 2023 to acquire shares from several non-controlling Flipkart stakeholders and settle liabilities with some PhonePe shareholders, it said in a Securities and Exchange Commission (SEC) filing.
Walmart buys Tiger Global's stake in Flipkart for $1.4 billion
Walmart has acquired Tiger Global's $1.4 billion stake in Indian e-commerce firm Flipkart.
Climate activists vandalize Walmart heiress' $300 million superyacht
A group of climate activists vandalized the $300 million superyacht "Kaos" of Walmart heiress Nancy Walton Laurie in Ibiza, a Spanish island in the Mediterranean Sea, on Sunday.
US: Shooting at Virginia Walmart store, up to 10 killed
Up to 10 people were killed and many others injured after a gunman opened fire inside a department store in Virginia, United States, on Tuesday night.
Rise and fall of Theranos CEO Elizabeth Holmes
The CEO and founder of the failed Silicon Valley start-up Theranos, Elizabeth Holmes, has been given a sentence of over 11 years in jail for duping investors.
Defence Ministry is world's biggest employer with 2.92 million people
India's Ministry of Defence is the biggest employer in the world with nearly 2.92 million employees working in various positions, according to report published on Statista.
Walmart joins metaverse bandwagon with virtual worlds on Roblox
Multinational retail giant Walmart has made its metaverse aspirations known with two new experiences on the online gaming platform Roblox.
LIC, Reliance among Indian companies in Fortune Global 500 list
The Fortune Global 500 is the list of the top 500 corporations in the world based on their revenue. In the 2022 edition of the list published by Fortune magazine, nine companies from India have found their place.
Rivaling Amazon, Walmart-backed PhonePe to buy two wealth management firms
Walmart-owned payments platform PhonePe is set to acquire two investment technology firms WelathDesk and OpenQ for a combined value of $75 million.