Walmart India

Walmart-owned PhonePe launches UPI SIP for investing in 24K gold

Setting up a gold SIP on PhonePe is a one-time, hassle-free process and all subsequent investments are completely automated

India e-commerce rules cast cloud over Amazon, Walmart and local rivals

New Indian e-commerce rules will raise costs for all online retailers but particularly Amazon and Walmart's Flipkart as they may have to review their business structures, senior industry sources said

In final stages of consolidating Walmart India: Flipkart Wholesale

In July, Flipkart announced the acquisition of Walmart India for an undisclosed amount, and launched 'Flipkart Wholesale'

Can a Tata vs Ambani 'super-app' battle make them India's Alibaba-Tencent?

The 152-year-old Tata Group is talking to Walmart Inc. for a $25 billion investment in a "super-app," a multipurpose online platform

Walmart in talks to invest $25 bn in Tata Group's 'super app': Report

According to ongoing discussions between the two companies, the super app could be launched as a joint venture between Tata and Walmart

Flipkart Wholesale's first-ever festive season sale for fashion retailers

Flipkart Wholesale's 'Big Festival Month' would offer a wide range of products in categories

Flipkart eyes alcohol delivery market with Diageo-backed startup: Report

West Bengal and Odisha governments have said that Flipkart can be associated as a technology service provider of Diageo -backed HipBar, an Indian alcohol home delivery mobile app

Sellers body moves CCI against Flipkart's acquisition of Walmart India

Says a few sellers will get preferential treatment, Flipkart will engage in deep discounting in groceries

Flipkart acquires Walmart India's wholesale biz to help transform kiranas

Flipkart says it would leverage the strong wholesale capabilities of the company and enable growth for kiranas and MSMEs

Top headlines: BPCL bidding extended, Flipkart acquires Walmart India

Here are the top headlines of the day

Lockdown to change consumers habits; drive e-comm growth: Walmart India

With muted economic sentiment, we expect that customers will move towards more value purchases, Walmart India Best Price CEO Sameer Aggarwal said

Govt may soon incentivise kiranas for joining e-commerce ecosystem

The special package of incentives for the smaller format mom and pop stores is likely to be a part of the e-commerce policy being drafted by the Commerce and Industry Ministry

Walmart hand-holds small Indian firms reinventing themselves amid pandemic

As the Coronavirus outbreak hits small enterprises, many of them are pivoting businesses to tap new opportunities in the post-Covid-19 world

Back to the future

Privileging physical retail over e-commerce is risky

Covid-19: Walmart, Flipkart commit Rs 46 cr to donate PPEs, support SMEs

Walmart Inc and e-commerce major Flipkart will spend Rs 38.3 crore towards in-kind donations into India to help with the front-line response efforts, a statement said.

Sameer Aggarwal elevated to Walmart India CEO, takes charge on April 1

This is his third promotion in the two years since he joined the company in April 2018 as Exec Vice President; taking over from Krish Iyer

Strong show in India, US increase Walmart's international sales by 2.8%

Walmart said the return on assets (RoA) was 6.7% and 3.4% for the financial years ended January 31, 2020, and 2019, respectively

Walmart sees slowing online sales growth after lackluster holiday quarter

Holiday sales for brick-and-mortar retailers were disappointing as 2019 saw a majority of shoppers switch to online buying, helping Amazon report "record" sales for the period

Walmart India lays off 56 employees in corporate restructuring exercise

The employees laid off include those in real estate and sourcing, industry sources said, as Walmart increasingly focuses on its online operations in India

Walmart sacks 56 executives in India as part of restructuring

The firings mostly affected executives in the company's real estate division because the growth in the wholesale model has not been that robust