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Walmart evaluating FDI guidelines on food retail in India: CEO

Walmart evaluating FDI guidelines on food retail in India: CEO

Walmart India is "evaluating" foreign direct investment (FDI) guidelines for the food retail space in India as the government has permitted 100 percent FDI in the sector.

Demonetisation, GST to help retail sector: Walmart India CEO

Demonetisation, GST to help retail sector: Walmart India CEO

 Demonetisation, series of structural reforms and the implementation of Goods and Service Tax will propel the retail sector into the modern economy, and help attract significant foreign investment, Walmart India CEO, Krish Iyer said today.

Walmart says to create 10,000 jobs, invest $6.8 bn in US; Donald Trump takes credit

Walmart says to create 10,000 jobs, invest $6.8 bn in US; Donald Trump takes credit

Walmart announced on Tuesday it will invest $6.8 billion in the United States and create 10,000 jobs in stores and e-commerce, a move for which President-elect Donald Trump quickly took credit.

Central Vigilance Commission​ declines to share details of probe against Walmart, Mondelez

Central Vigilance Commission​ declines to share details of probe against Walmart, Mondelez

 The Central Vigilance Commission (CVC) has declined to share details of probe against US-based world's biggest retailer Walmart and confectionery giant Mondelez, maker of Cadbury chocolates, saying it will impede the process of investigation and apprehension and prosecution of offenders.

Walmart to invest $1 billion in Flipkart to take on Amazon

Walmart to invest $1 billion in Flipkart to take on Amazon

Amazon has committed about USD 5 billion towards its Indian business and is aggressively ramping up its supply and delivery operations.

Top 50 US companies including Apple, Walmart, Google stashed $1.4 trillion in tax havens

Top 50 US companies including Apple, Walmart, Google stashed $1.4 trillion in tax havens

As many as top 50 US companies, including the likes of Apple, Walmart, General Electric, Microsoft, Google and Coca-Cola have a whopping $1.4 trillion stashed in offshore tax havens, an Oxfam report has revealed.

Alibaba likely to surpass Walmart as world's top retailer

Alibaba likely to surpass Walmart as world's top retailer

An official announcement by Alibaba Group Holding Ltd expected to be made at the end of this fiscal year on March 31.

Wal-Mart to shut 269 locations, to affect 16,000 employees

Wal-Mart to shut 269 locations, to affect 16,000 employees

The move includes Wal-Mart`s largest-ever single culling in the United States, where the company is closing 154 stores. The other 115 stores are in Latin America, including 60 in Brazil. 

Madhya Pradesh firm to cough up over Rs 65 lakh for using pirated software

An Indian textile company has been ordered to pay a USD 100,000 penalty within 30 days by a US court to settle charges of using pirated software that gave it competitive advantages over American businesses.

Rapper's album taken off Walmart due to anti-Donald Trump lyrics

Rapper's album taken off Walmart due to anti-Donald Trump lyrics

 Republican presidential frontrunner Donald Trump may affect the sales of rapper Rick Ross`s "Black Market" album.

'Wal-Mart paid millions of dollars in bribes in India': Report

'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 The Wall Street Journal

Walmart India expects 90% of biz to be digitally-influenced

"4G from every single prospective is good for e-commerce. It becoming a reality would benefit a lot in terms of connectivity and it's a great enabler," Iyer said.

RIL, Tata Motors, SBI  among world's 500 largest companies list

RIL, Tata Motors, SBI among world's 500 largest companies list

Seven Indian companies, including Reliance Industries and Tata Motors, are among the world's 500 largest companies.

Walmart's all cash and carry stores integrated online

Retail major Walmart, which operates cash and carry stores under the Best Price brand in India, Monday said all its 20 stores in the country have been integrated online via omni channel.

Facebook now worth more than Walmart on stock market

The world's biggest online social network knocked the world's largest retailer out of the top 10 list of the highest-valued companies in the Standard & Poor's 500 index on Monday and the gap widened Tuesday.

Facebook worth more than Walmart!

Believe it or not, Facebook is now worth more than the world`s largest retailer, Walmart.

Walmart pulls Confederate flag merchandise after Charleston attack

Walmart pulls Confederate flag merchandise after Charleston attack

The move by the world`s largest retailer came on the heels of a call by the governor of South Carolina for the contentious Civil War battle flag to be removed from its state house grounds.

Walmart leads Fortune 500 as Facebook surges in rankings

Walmart kept its lock on the top ranking of the Fortune 500 annual list of the largest US companies Thursday, while Apple was the most profitable and Facebook the most upward-bound, Fortune Magazine announced.

Walmart, Metro withdraw Maggi from wholesale stores in India

Walmart and Metro AG have withdrawn Nestle's Maggi noodles from their wholesale stores in India in the wake of food safety issues pertaining to the brand.

Walmart to open two wholesale stores in Andhra, Punjab

Continuing with its measured expansion of wholesale stores in India, US retail giant Walmart plans to open two more outlets -- in Visakhapatnam, Andhra Pradesh and Ludhiana, Punjab.