Tuesday, May 28, 2024 | Last Update : 02:58 AM IST

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Amazon jumps out ahead of its rivals and raises wages to $15

The online giant also said it will push Congress to increase the federal minimum wage, now at $7.25.

03 Oct 2018 8:35 AM

CAIT to NCLAT: Walmart may repeat 'predatory behaviour' in India as well

Walmart says its business model and activities in India were different of Flipkart's.

02 Oct 2018 7:40 PM

Flipkart acquires Israel's Upstream Commerce

It will get access to advanced data science-based intelligent solutions through the acquisition.

25 Sep 2018 7:36 PM

Flipkart may appoint new group CEO in place of Binny Bansal

Co-founder and current group CEO Binny Bansal is not actively involved in daily operations.

24 Sep 2018 11:31 AM

Walmart India opens 22nd Cash and Carry store in India

The new store simultaneously got integrated with the B2B e-commerce platform.

22 Sep 2018 5:31 PM


Walmart warns Trump tariffs may force price hikes: letter

The letter comes days after US President Donald Trump slapped tariffs on $200 billion worth of Chinese goods.

21 Sep 2018 9:22 AM

'Walmart paid Rs 7,439 crore tax on Flipkart deal'

Walmart is legally not required to withhold tax on payments made to foreign shareholders with a stake of less than 5 per cent.

16 Sep 2018 1:07 PM

Flipkart acquisition may impact net income this fiscal, says Walmart

The US retail giant had last month said it completed the acquisition of 77 per cent stake in Flipkart Group.

09 Sep 2018 1:58 PM

Have complied with tax obligations in Flipkart deal: Walmart

The company did not disclose the tax amount deposited with the I-T authorities.

07 Sep 2018 7:34 PM

NCLAT wants to know India business models from WalMart and Flipkart

It has also asked trader's body CAIT to file its understanding over the Walmart's business model in India.

07 Sep 2018 4:03 PM


Walmart-Flipkart deal: Traders to launch 90-day protest from September 15

The association has also called for a 'Bharat Trade Bandh' on September 28.

05 Sep 2018 4:28 PM

IT department to wait till Sept 7 for Walmart to pay tax on Flipkart deal

Walmart Inc had completed acquisition of 77 per cent stake in Flipkart for about USD 16 billion.

02 Sep 2018 5:40 PM

Traders to shut shops on Sept 28 against Walmart-Flipkart deal

The traders' body will also hold a mega rally here on December 16 to protest "discriminatory treatment against traders.

21 Aug 2018 8:59 AM

Walmart seals deal to acquire majority stake in Flipkart

Walmart said its investment includes $2 billion of new equity funding to help accelerate the growth of the Flipkart business.

19 Aug 2018 4:28 AM

Walmart-Flipkart deal: CCI says no bar on it to probe discounting practice

In its detailed order clearing the deal, the CCI has said it is "not likely" to have an appreciable adverse effect on competition in India.

12 Aug 2018 1:26 PM


Walmart may approach I-T dept to determine tax liability in Flipkart deal

Walmart last month assured the I-T department that it will fulfil all tax obligations.

09 Aug 2018 1:08 PM

CCI clears Walmart's USD 16 billion acquisition of Flipkart

Walmart-Flipkart combination would create unfair competition and drive local convenience stores out of business.

09 Aug 2018 8:30 AM

Depictions against Flipkart-Walmart deal sent to concerned department

In May, the US-based retailer Walmart Inc announced acquisition of 77 per cent stake in Flipkart in its biggest takeover till date.

06 Aug 2018 5:49 PM

SoftBank profit up 49 per cent on Flipkart, ARM stake sales

SoftBank said it estimates that the sale of Flipkart shares will occur within 24 months of the inception of the investment.

06 Aug 2018 5:33 PM

IOC tops 7 Indian firms on Fortune 500 list, RIL jumps 53 places

Indian Oil Corp with 23 per cent rise in revenues at USD 65.9 billion was ranked 137th from 168th position.

01 Aug 2018 12:56 PM