Walmart

Walmart in talks to buy more than 40% stake in Flipkart: Sources

Walmart in talks to buy more than 40% stake in Flipkart: Sources

The deal with Walmart will give Flipkart much needed muscle in its fight against Amazon, which has committed to invest $5 billion in India.

Feb 16, 2018, 18:29 PM IST
Walmart in talks to buy minority stake in Flipkart: Report

Walmart in talks to buy minority stake in Flipkart: Report

The US retailer can acquire a stake of 15% to 20% in e-commerce firm Flipkart.

Jan 31, 2018, 16:23 PM IST
3 dead, 1 injured in Denver Walmart shooting: Police

3 dead, 1 injured in Denver Walmart shooting: Police

About an hour after the initial alert, police said on Twitter that the threat of gunfire had ended at the store

Nov 02, 2017, 08:51 AM IST
Multiple people down in shooting at Colorado Walmart: Police

Multiple people down in shooting at Colorado Walmart: Police

Multiple people were shot on Wednesday inside a Walmart in a Denver suburb, local police said.

Nov 02, 2017, 06:59 AM IST
Walmart to open 50 new stores in India soon

Walmart to open 50 new stores in India soon

It will invest $10 to $12 million in each store, which would create direct and indirect employment for 2,000 people.

Apr 29, 2017, 17:13 PM IST
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.

Apr 13, 2017, 17:08 PM IST
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.

Jan 31, 2017, 19:22 PM IST
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.

Jan 17, 2017, 21:15 PM IST
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.

Oct 16, 2016, 11:25 AM IST
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.

Sep 28, 2016, 16:49 PM IST
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.

Apr 14, 2016, 23:09 PM IST
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.

Mar 22, 2016, 09:00 AM IST
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. 

Jan 16, 2016, 10:13 AM IST

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.

Dec 29, 2015, 14:05 PM IST
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.

Dec 22, 2015, 07:10 AM IST
'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

Oct 19, 2015, 11:47 AM IST

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.

Aug 16, 2015, 13:44 PM IST
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.

Jul 23, 2015, 12:52 PM IST

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.

Jul 20, 2015, 21:26 PM IST

US policeman buys nappies, shoes for homeless mother caught shoplifting

A US police officer, called to a Walmart store to investigate a woman caught shop-lifting, shelled out own cash to buy diapers and shoes for the homeless mother of six.

Jul 12, 2015, 18:35 PM IST