21 Jan 2021Flipkart
India's planned foreign investment policy changes could hurt Amazon
Sources informed Reuters of Indian government's plans to change foreign investment policies that could impact the e-commerce giants like Amazon and Walmart.
20 Sep 2020Donald Trump
ByteDance values TikTok at $60 billion for US deal
Chinese giant ByteDance is said to have valued TikTok at an approximate $60 billion.
20 Sep 2020Donald Trump
End of TikTok's woes? Trump approves Oracle's bid for TikTok
TikTok finally appears to be finalizing a way to prevent itself from getting banned in the United States.
16 Sep 2020Flipkart
Chinese giant Tencent pumps money into Flipkart: Details here
Chinese tech giant Tencent is pumping money into Flipkart, India's leading online shopping platform.
30 Aug 2020Microsoft
#WeeklyRecap: Apple bans Epic, Zoom's outage, TikTok's crisis, and more
This week, a number of developments were reported in the world of technology, including a few interesting hardware launches and some rather concerning security issues, outages, and data leaks.
28 Aug 2020Facebook
NewsBytes Briefing: Walmart-Microsoft team up for TikTok deal, and more
In the updates since last night, TikTok, the current talk of the town, got Walmart as the latest bidder for its business.
23 Jul 2020Flipkart
Flipkart buys Walmart India, foraying into online wholesale
In a major move, homegrown e-commerce giant Flipkart has acquired Walmart India.
09 Jul 2020Amazon
Now, Walmart is bringing an Amazon Prime-like membership service
More than 15 years after the launch of Amazon's Prime subscription service, its competitor Walmart is set to bring its own membership - Walmart+.
16 Mar 2020Twitter
Ahead of launch, Apple's Powerbeats 4 earbuds hit the shelves
Apple's Powerbeats 4 seems to have gone on sale even before its official launch. The still-unannounced earbuds were spotted for sale at a Walmart store in Rochester, New York.
13 Jan 2020Reuters
Walmart India fires over 50 employees, including top executives
In a major shocker, Walmart Inc., the largest retailer in the world, has taken the decision to lay off more than 50 of its employees in India, including a bunch of senior-to-mid level executives.
04 Aug 2019Ohio
Ohio mass shooting: 9 killed, 16 injured in Dayton
At least nine people have been killed and 16 injured in a mass shooting outside a bar in the Dayton city of Ohio in the US.
04 Aug 2019Texas
Texas Walmart Mass Shooting: 20 killed in suspected hate crime
At least 20 people have been killed and 26 others injured in a mass shooting at a packed Walmart store in the El Paso city of Texas in the US.
29 Jan 2019Flipkart
Worried Flipkart wants six-month delay in implementing new e-commerce rules
American retail giant Walmart-owned Flipkart has written to the government that it faces "the risk of significant customer disruption" if the deadline for implementing the new e-commerce curbs, which could cause huge disruption in the space, isn't extended by six months.
14 Jan 2019Flipkart
Myntra and Jabong CEO Ananth Narayanan resigns; may join Hotstar
After some rounds of speculation, it has been confirmed that Ananth Narayanan, CEO of Flipkart-owned Myntra and Jabong, has left his post in pursuit of other opportunities.
14 Nov 2018India
Binny Bansal out of Flipkart: Some conjectures, many unanswered questions
In more ways than one, Flipkart is India's biggest start-up success story. The company and its founders are (still) the quintessential Indian dream - owners' pride, and everyone else's envy.
14 Nov 2018Flipkart
Why co-founder Binny Bansal resigned from Flipkart
Flipkart's co-founder Binny Bansal stepped down from the Walmart-owned company on Tuesday, and now a report claims an investigation into the accusations of misconduct found that he had a consensual affair with the woman.
13 Nov 2018Flipkart
Binny Bansal resigns as CEO of Flipkart Group: Details here
Flipkart co-founder Binny Bansal has resigned as the CEO of the Flipkart Group, following an investigation into allegations of "serious personal misconduct" against him.
11 Oct 2018Sachin Bansal
Reportedly, Flipkart co-founder Sachin Bansal to invest $100mn in Ola
In what could mark the largest personal investment in the Indian internet space, Flipkart co-founder Sachin Bansal is reportedly in the process of finalizing a whopping $100mn (around Rs. 740cr) investment in ride-hailing start-up Ola Cabs.
24 Sep 2018Flipkart
Flipkart might replace Binny Bansal as group CEO
Walmart-owned Flipkart is contemplating separating the responsibilities of chairman and group CEO, and is likely to replace Flipkart co-founder Binny Bansal as the group CEO.
19 Aug 2018India
Walmart completes acquisition of Flipkart, pumps in $2bn
On Saturday, Walmart announced that it had completed its $16bn acquisition deal with Flipkart.
27 Jul 2018Flipkart
Walmart India expects to create 30,000 jobs in Uttar Pradesh
Walmart India, which had signed MoU with UP government to open 15 wholesale Cash and Carry stores, said it expects to create at least 30,000 local jobs from these stores.
02 Jul 2018Flipkart
10 lakh traders to protest against Flipkart-Walmart deal today
Around 10 lakh traders are launching a country-wide protest against the multibillion dollar deal between Indian e-commerce giant Flipkart and US-based retail giant Walmart.
06 Jun 2018India
After Flipkart acquisition, Walmart to work with local kirana stores
Just a month after acquiring India's largest start-up and e-commerce platform Flipkart, Walmart is now planning to take hold of the country's kirana store business.
30 May 2018India
Business Roundup: Here are today's top 5 business news
Today the business space remained rocked up with a lot of happenings.
12 May 2018Flipkart
Amid landmark Walmart-Flipkart deal, many fear for survival
This week saw one of the most important acquisitions in Indian history, as Walmart poured in $16bn into Flipkart for a 77% stake.
10 May 2018Binny Bansal
Really sad to see Sachin leave Flipkart: Co-founder Binny Bansal
They were considered the "Jai-Veeru" of the Indian start-up panorama, and when one decided to finally exit the company they founded 11 years ago it was really a sad moment for the other.
10 May 2018Flipkart
Walmart-Flipkart deal turns many employees crorepatis: Details here
Walmart's $16bn buyout of Flipkart has brought cheer not only to India's iconic start-up, but also to 3,000 of its current and former employees who hold shares with the company.
09 May 2018India
Walmart buys 77% stake in Flipkart for $16 billion
The cat is finally out of the bag - Walmart Inc. has announced its acquisition of India's leading e-commerce platform, Flipkart, for a whopping $16bn, taking 77% stake. This makes it the world's most expensive e-commerce acquisition, so far.
04 May 2018Flipkart
The love triangle of Amazon, Flipkart, and Walmart
Here's the story: Basically, the two US retail rivals Walmart and Amazon are both attempting to buy Flipkart, which is the best start-up India has produced in over a decade.
09 Apr 2018Flipkart
Flipkart opens new consolidated office space in Bengaluru
Flipkart has opened a new office space in Embassy Tech Village, Bengaluru, which is a consolidation of all of its previous 11 campuses in the city.
04 Apr 2018India
Amazon planning to buy Flipkart to prevent rival Walmart bid
According to reports, Amazon might make an offer to buy India's largest e-commerce platform Flipkart.
01 Mar 2018Florida
Walmart raises minimum age to buy firearms, ammunition to 21
After the deadly Florida school shooting that killed 17, US retail giant Walmart on Wednesday announced it was raising the minimum age to buy firearms and ammunition to 21 years.
17 Feb 2018Flipkart
Walmart may soon buy more than 40% of Flipkart: Reports
In a direct attack on Amazon, American retailer Walmart may soon buy more than 40% of India's e-commerce giant Flipkart. The talks are to begin from next week, Reuters reported on Friday.
31 Jan 2018India
Walmart to acquire minority stake in Flipkart, compete with Amazon-India
The world's largest retailer, US-based Walmart Stores, is in advanced discussions to buy a significant minority stake in India's leading e-commerce company Flipkart, reported Economic Times.
13 Nov 2017Consumer Court
US man wins $7.5mn verdict against Walmart over watermelon injury
An Alabama man recently won a $7.5 million verdict against Walmart over a hip injury he suffered while buying watermelons at the global retail giant in 2015.
02 Nov 2017Colorado
Another shooting in the US: 2 killed inside Colorado's Walmart
In yet another shooting incident in the US, 2 people have reportedly been killed in a Walmart store in Colorado.
12 Jul 2017India
Walmart may soon enter India's e-commerce market via partnerships
American retailing multinational Walmart has been trying to dip its toe into the online market for some time now.
27 Mar 2017India
Walmart to open 50 stores in India
Global retail giant Walmart is looking at increasing its footprint in India, by setting up several stores across Uttarakhand and Uttar Pradesh.
23 Nov 2016India
Indian family businesses: Only 15% have succession plans
Reports revealed that just about 15 percent of the country's family businesses have a robust plan for succession.
23 Sep 2016India
Walmart to enter food retailing as government allows 100% FDI
Walmart India is reportedly evaluating policy guidelines to enter into processed food retailing as the government has relaxed food store rules allowing 100% Foreign Direct Investment in the sector.