23 Jul 2020
Flipkart buys Walmart India, foraying into online wholesale
In a major move, homegrown e-commerce giant Flipkart has acquired Walmart India.
15 Jul 2020
NewsBytes Briefing: UK bans Huawei, WhatsApp goes down, and more
In the last few hours, a lot has happened in the world of technology.
09 Jul 2020
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+.
31 May 2020
Work from home: The new reality of the 'post-coronavirus world'
In the new "upside-down" world, masks and gloves have replaced hugs and handshakes. Courtesy coronavirus, there's uncertainty, fear, anxiety, and most importantly distancing.
16 Mar 2020
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.
14 Mar 2020
Trump declares national emergency in US as coronavirus crisis deepens
After worrying and angering his countrymen with his lax approach towards the coronavirus problem, United States President Donald Trump on Friday declared a national emergency.
13 Jan 2020
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.
19 Dec 2019
#FinancialBytes: Smart tips and tricks to save money while shopping
Almost everyone loves shopping as well as saving some money on it.
11 Dec 2019
Digital payments giant PhonePe raises $82.5 million: Details here
PhonePe, a Flipkart-owned company that offers a payment platform to transfer money instantly, has raised $82.5 million in funding.
14 Sep 2019
The six highest-paid actresses in the world right now
A few weeks back, Forbes released the list of the highest-paid actresses in the world, which was topped by our very own Black Widow aka Scarlett Johansson.
01 Sep 2019
Texas mass shooting: 5 dead, 21 injured in West Texas
At least five people have been killed and 21 injured in a mass shooting in the state of Texas in the US. The incident took place near the twin cities of Midland and Odessa in West Texas.
10 Aug 2019
Texas shooting: Trump criticized for thumbs up photo with orphan
Recently, United States President Donald Trump visited El Paso, Texas, where a gunman killed 22 people in a reported hate crime against immigrants on Saturday.
04 Aug 2019
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 2019
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.
19 Feb 2019
Flipkart co-founder Sachin Bansal invests Rs. 650cr in Ola
Indian ride-hailing start-up Ola is currently in the midst of an ongoing financing round and, in a major boost, has received Rs. 650cr (around $92mn) from Flipkart co-founder Sachin Bansal.
29 Jan 2019
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 2019
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.
20 Dec 2018
What should be the resolutions of tech companies
When the year ends, you think about your regrets, your failures and how you will conquer the new year.
16 Nov 2018
Days after Binny Bansal's exit, Myntra CEO and CFO quit
A few days after Flipkart co-founder Binny Bansal resigned from the company on charges of personal/sexual misconduct, Myntra CEO and CFO have quit.
14 Nov 2018
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 2018
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 2018
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 2018
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 2018
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 2018
Walmart completes acquisition of Flipkart, pumps in $2bn
On Saturday, Walmart announced that it had completed its $16bn acquisition deal with Flipkart.
27 Jul 2018
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 2018
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.
11 Jun 2018
Business Roundup: Here are today's top 5 Business news
Here's your daily dose of top five business news.
06 Jun 2018
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 2018
Business Roundup: Here are today's top 5 business news
Today the business space remained rocked up with a lot of happenings.
12 May 2018
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 2018
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 2018
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 2018
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.
09 May 2018
The Flipkart dream: Move aside, make room for nerds
When as a child you were told by your parents to chase the IIT dream, they were not wrong.
04 May 2018
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 2018
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 2018
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 2018
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 2018
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.