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Flipkart acquires Walmart India, to launch Flipkart Wholesale for B2B segment in August

July 23, 2020 4:33 pm

Flipkart Wholesale is a new digital marketplace focusing on addressing the business-to-business (B2B) segment in India.

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Walmart India elevates Sameer Aggarwal as CEO

March 25, 2020 6:06 pm

Aggarwal, who was elevated as Deputy CEO earlier in January this year, has now been promoted to Chief Executive Officer of Best Price, Walmart India, effective from April 1, Walmart said in a statement.

Flipkart-Walmart deal: Tax dept expects details from Walmart in a fortnight

CPI(M) opposes Walmart acquisition of 77 per cent stake in Flipkart

May 10, 2018 4:13 pm

The party condemned the move, by stating that the move would completely destroy India's retail trade that employs more than four crore people directly and nearly one-fifth of the population is dependent on their earnings.

Walmart sues to bar former tax exec from joining Amazon

Walmart India trimmed its losses after exiting Bharti joint venture

May 10, 2018 1:45 am

Walmart India had accumulated losses worth Rs 1,874 crore in the period between December 2009 and March 2016. The company entered India in 2007 via a joint venture with Bharti Enterprises.

Andhra: Walmart to set up retail stores

January 22, 2015 3:57 am

Walmart will procure agricultural and horticulture products, especially organically grown, from farmers and will export them to international markets.

‘Cash-and-carry, we discovered, is a great model for us in India’

June 16, 2014 12:50 am

Walmart India president and CEO, Krish Iyer, said the company, in the wake of the bribery allegations, has invested significantly on beefing up compliance.

Panel nails Walmart for evasive replies

June 22, 2020 2:44 pm

MCA, in its 31-page report, the panel has said that even the oral testimony of Scott Price, CEO of Walmart (Asia), was 'lacking in sufficient detail'.