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Wal-Mart India FY22 Loss Widens To Rs 299 Crore Despite Revenue Going Up
Wal-Mart India Pvt Ltd, which operates Best Price Flipkart wholesale stores, has witnessed its loss widening to Rs 299.01 crore in FY22 despite its revenue from operations going up.
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Walmart In Talks To Buy Minority Stake In Flipkart: Report
Walmart could buy a 15 per cent to 20 per cent stake in Amazon.com Inc's main competitor in India, the newspaper said, citing two anonymous sources.
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Wal-Mart Said to Be in Talks to Invest Up to $1 Billion in Flipkart
Flipkart is the largest online retailer in India, but its lead has been under assault as Amazon steps up investments in the country.
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Wal-Mart In Talks To Invest Up To $1 Billion In India's Flipkart
Wal-Mart Stores Inc. is in advanced discussions to invest as much as $1 billion into India's Flipkart Online Services Pvt, as the two companies battle Amazon.com Inc. in e-commerce, according to a person familiar with the matter.
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Welspun India Recovers After Slumping 5% As Wal-Mart Pulls Out Products
Welspun India shares pulled back after slumping 5 per cent to Rs 54 at days lows. In noon trade, shares of Welspun India were up 1.3 per cent at Rs 57.50.
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Wal-Mart Stops Selling Egyptian Cotton Sheets Made By Welspun
Wal-Mart Stores Inc said it will stop selling Egyptian cotton sheets made by Welspun India after the Indian manufacturer was unable to assure them the products were authentic.
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Wal-Mart Reviewing Cotton Certification Records Of Welspun
Global retail giant Wal-Mart is reviewing cotton certification records of Welspun India in the wake of Target Corporation's decision to terminate contract with the Gujarat-based textiles maker over alleged lapses in products supplied to it.
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After Target, Wal-Mart, JC Penny Review Welspun Products; Shares Extend Slide
Welspun India shares were locked down in lower circuit for the third straight session on Wednesday, though in some relief for investors, the stock fell 10 per cent today, following the revision in circuit limit from 20 per cent to 10 per cent.
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Central Vigilance Commission Examines Wal-Mart's Top Executives Over Corruption Charges
Top executives of the US-based world's biggest retailer Wal-Mart have been examined by Central Vigilance Commission (CVC) amid allegations that the company gave bribes to government officials to get customs clearances and obtain permits to set up stores in India.
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Central Vigilance Commission to Probe Bribery Charges Involving Wal-Mart
America's multinational retail corporation, Wal-Mart has come under scanner of the Central Vigilance Commission (CVC) which has summoned country head of the retailer amid allegation that it gave bribes to government officials to get customs clearances and obtain permits to set up stores in India.
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Congress has 'Shamed' India Abroad: BJP on Wal-Mart Bribe Report
BJP today latched on to reports of American multinational retail corporation, Wal-Mart, paying "suspected bribery" in India to attack Congress saying the party continues to shame India abroad while Prime Minister Narendra Modi was working hard to present a "shining India" to the world.
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Wal-Mart Paid Millions of Dollars in Small Bribes in India: Report
A US government investigation is said to have found evidence of Wal-Mart Stores Inc allegedly paying "thousands of small bribes to local officials" in India to get customs clearances and obtain real-estate permits, the Wall Street Journal reported on Monday.
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Wal-Mart Paid Millions of Dollars in Bribes in India: Report
America's multinational retail corporation Wal-Mart is suspected to have paid bribes worth millions of dollars in India, according to a media report.
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HBO Goes to Trial for Libel over 'Hoax' Child Labour Report
Jury selection is expected to kick off today in a trial in which Home Box Office Inc faces libel claims over a report linking British sporting goods company Mitre Sports International to child labour in India.
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Wal-Mart India Appoints Murali Lanka Operations Chief
The appointment of Lanka, who will report to Wal-Mart India Chief Executive Krish Iyer, is effective December 1, the company said in a statement on Friday.
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Wal-Mart India FY22 Loss Widens To Rs 299 Crore Despite Revenue Going Up
Wal-Mart India Pvt Ltd, which operates Best Price Flipkart wholesale stores, has witnessed its loss widening to Rs 299.01 crore in FY22 despite its revenue from operations going up.
-
Walmart In Talks To Buy Minority Stake In Flipkart: Report
Walmart could buy a 15 per cent to 20 per cent stake in Amazon.com Inc's main competitor in India, the newspaper said, citing two anonymous sources.
-
Wal-Mart Said to Be in Talks to Invest Up to $1 Billion in Flipkart
Flipkart is the largest online retailer in India, but its lead has been under assault as Amazon steps up investments in the country.
-
Wal-Mart In Talks To Invest Up To $1 Billion In India's Flipkart
Wal-Mart Stores Inc. is in advanced discussions to invest as much as $1 billion into India's Flipkart Online Services Pvt, as the two companies battle Amazon.com Inc. in e-commerce, according to a person familiar with the matter.
-
Welspun India Recovers After Slumping 5% As Wal-Mart Pulls Out Products
Welspun India shares pulled back after slumping 5 per cent to Rs 54 at days lows. In noon trade, shares of Welspun India were up 1.3 per cent at Rs 57.50.
-
Wal-Mart Stops Selling Egyptian Cotton Sheets Made By Welspun
Wal-Mart Stores Inc said it will stop selling Egyptian cotton sheets made by Welspun India after the Indian manufacturer was unable to assure them the products were authentic.
-
Wal-Mart Reviewing Cotton Certification Records Of Welspun
Global retail giant Wal-Mart is reviewing cotton certification records of Welspun India in the wake of Target Corporation's decision to terminate contract with the Gujarat-based textiles maker over alleged lapses in products supplied to it.
-
After Target, Wal-Mart, JC Penny Review Welspun Products; Shares Extend Slide
Welspun India shares were locked down in lower circuit for the third straight session on Wednesday, though in some relief for investors, the stock fell 10 per cent today, following the revision in circuit limit from 20 per cent to 10 per cent.
-
Central Vigilance Commission Examines Wal-Mart's Top Executives Over Corruption Charges
Top executives of the US-based world's biggest retailer Wal-Mart have been examined by Central Vigilance Commission (CVC) amid allegations that the company gave bribes to government officials to get customs clearances and obtain permits to set up stores in India.
-
Central Vigilance Commission to Probe Bribery Charges Involving Wal-Mart
America's multinational retail corporation, Wal-Mart has come under scanner of the Central Vigilance Commission (CVC) which has summoned country head of the retailer amid allegation that it gave bribes to government officials to get customs clearances and obtain permits to set up stores in India.
-
Congress has 'Shamed' India Abroad: BJP on Wal-Mart Bribe Report
BJP today latched on to reports of American multinational retail corporation, Wal-Mart, paying "suspected bribery" in India to attack Congress saying the party continues to shame India abroad while Prime Minister Narendra Modi was working hard to present a "shining India" to the world.
-
Wal-Mart Paid Millions of Dollars in Small Bribes in India: Report
A US government investigation is said to have found evidence of Wal-Mart Stores Inc allegedly paying "thousands of small bribes to local officials" in India to get customs clearances and obtain real-estate permits, the Wall Street Journal reported on Monday.
-
Wal-Mart Paid Millions of Dollars in Bribes in India: Report
America's multinational retail corporation Wal-Mart is suspected to have paid bribes worth millions of dollars in India, according to a media report.
-
HBO Goes to Trial for Libel over 'Hoax' Child Labour Report
Jury selection is expected to kick off today in a trial in which Home Box Office Inc faces libel claims over a report linking British sporting goods company Mitre Sports International to child labour in India.
-
Wal-Mart India Appoints Murali Lanka Operations Chief
The appointment of Lanka, who will report to Wal-Mart India Chief Executive Krish Iyer, is effective December 1, the company said in a statement on Friday.
