Walmart Flipkart Deal

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Zomato has reportedly reached an all-stock merger with Blinkit (formerly Grofers) that values the instant-delivery service between (roughly Rs. 5,350 crore) and $750 million (roughly Rs. 5,732 crore).

Tata Digital, a unit of Tata Sons, has acquired a majority stake in online grocery seller BigBasket, putting the Indian conglomerate in a direct race with e-commerce players Amazon, Walmart's Flipkart, and Reliance.

Salt-to-software conglomerate Tata Group is in talks with Indian online grocery startup BigBasket to buy a stake in the company, the Mint newspaper reported, citing people familiar with the matter.

Reliance denied a report Thursday that it was planning to sell a $20-billion stake in its retail business to US rival Amazon in a deal that could upend the country's hugely lucrative e-commerce sector.

Flipkart will host its Big Shopping Days 2020 sale later this week. The four-day sale will bring hundreds of deals on mobile phones, laptops, TVs, smart home products, and other electronics.

Walmart has laid off 56 of its India executives as it restructures business in the country. Walmart is looking for ways to operate more efficiently, which requires it to review its corporate structure "to ensure that we are organized in the right way", said Krish Iyer, president and CEO of the US-based retail major's India unit. The fired executive...

A potential partnership will help the duo counter Walmart, which last year invested $16 billion in Flipkart, in their battle for a bigger share of India's fast-growing e-commerce market.

When Walmart paid $16 billion for control of Flipkart it got a little-noticed digital payments subsidiary as part of the deal - PhonePe.

Amazon is fighting with Walmart Inc's Flipkart for market share in the country, while dealing with constantly changing government rules

According to the report, Walmart-Flipkart saga might turn out to similar to what happened with Amazon in China in late 2017.

Binny Bansal, Flipkart CEO and co-founder, resigned after an investigation into allegations of sexual assault, dealing a blow to owner Walmart Inc.'s ambitions in the country. Mr Bansal, 37, stepped down immediately following an independent probe into the allegations, which the executive denies, Walmart said.

The chief executive of Walmart's Flipkart Group, Binny Bansal, is stepping down amid an investigation into "serious personal misconduct," the retailer announced Tuesday.

Binny Bansal, 37, stepped down immediately following an independent probe into the allegations, which the executive denies, Walmart said. The U.S. retail giant completed its $16 billion purchase of the company in August in a deal that lifted Bansal's net worth to $1 billion.

In May, Walmart acquired Flipkart for $16 billion, its largest-ever deal, in order to compete with Amazon.com Inc in an important growth market.

Looking for the perfect microwave to enhance your cooking experience? Find the best deals on the latest models, packed with advanced features, and enjoy delicious meals made at home.

Zomato has reportedly reached an all-stock merger with Blinkit (formerly Grofers) that values the instant-delivery service between (roughly Rs. 5,350 crore) and $750 million (roughly Rs. 5,732 crore).

Tata Digital, a unit of Tata Sons, has acquired a majority stake in online grocery seller BigBasket, putting the Indian conglomerate in a direct race with e-commerce players Amazon, Walmart's Flipkart, and Reliance.

Salt-to-software conglomerate Tata Group is in talks with Indian online grocery startup BigBasket to buy a stake in the company, the Mint newspaper reported, citing people familiar with the matter.

Reliance denied a report Thursday that it was planning to sell a $20-billion stake in its retail business to US rival Amazon in a deal that could upend the country's hugely lucrative e-commerce sector.

Flipkart will host its Big Shopping Days 2020 sale later this week. The four-day sale will bring hundreds of deals on mobile phones, laptops, TVs, smart home products, and other electronics.

Walmart has laid off 56 of its India executives as it restructures business in the country. Walmart is looking for ways to operate more efficiently, which requires it to review its corporate structure "to ensure that we are organized in the right way", said Krish Iyer, president and CEO of the US-based retail major's India unit. The fired executive...

A potential partnership will help the duo counter Walmart, which last year invested $16 billion in Flipkart, in their battle for a bigger share of India's fast-growing e-commerce market.

When Walmart paid $16 billion for control of Flipkart it got a little-noticed digital payments subsidiary as part of the deal - PhonePe.

Amazon is fighting with Walmart Inc's Flipkart for market share in the country, while dealing with constantly changing government rules

According to the report, Walmart-Flipkart saga might turn out to similar to what happened with Amazon in China in late 2017.

Binny Bansal, Flipkart CEO and co-founder, resigned after an investigation into allegations of sexual assault, dealing a blow to owner Walmart Inc.'s ambitions in the country. Mr Bansal, 37, stepped down immediately following an independent probe into the allegations, which the executive denies, Walmart said.

The chief executive of Walmart's Flipkart Group, Binny Bansal, is stepping down amid an investigation into "serious personal misconduct," the retailer announced Tuesday.

Binny Bansal, 37, stepped down immediately following an independent probe into the allegations, which the executive denies, Walmart said. The U.S. retail giant completed its $16 billion purchase of the company in August in a deal that lifted Bansal's net worth to $1 billion.

In May, Walmart acquired Flipkart for $16 billion, its largest-ever deal, in order to compete with Amazon.com Inc in an important growth market.