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Total 31 results found. Search for [ Doug McMillon ]

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PTI
November 15, 2018



BusinessToday.In
November 15, 2018
It took about 24 hours for Binny Bansal to go from Group CEO and Chairman of Flipkart to being forced to step down following allegations of personal misconduct.


BusinessToday.In
New Delhi, November 14, 2018
Allegations were made by a former woman employee of Flipkart in 2016, who had already left the company in 2012.


BusinessToday.In
New Delhi, May 14, 2018
Walmart CEO Doug McMillon has said that India is a growth market when it comes to e-commerce and that the brand is eyeing to expand in large scale in the future.


Anilesh S Mahajan
New Delhi, May 11, 2018
According to some sources, close to the Prime Minister, he avoided meeting the CEO because of the ongoing proceedings against the global retail company in the US. In 2015, the reports suggested that Walmart paid bribes -from $5 to $200, totally millions - to push their goods and real estate permits.


BusinessToday.In
New Delhi, May 11, 2018
Flipkart co-founder Sachin Bansal bids adieu in emotional Facebook postNews of Flipkart co-founder Sachin Bansal's exit from the company had surfaced even before the Walmart deal was finalised. Now, with the Walmart-Flipkart deal following through, Sachin Bansal has put up an emotional post on Facebook. \"Sadly my work here is done and after 10 years, it's time to hand over the baton and move on from Flipkart. But I'll be watching and cheering from the outside - Flipsters, you bet...


Mail Today Bureau
May 11, 2018
US retail giant Walmart Inc on Thursday tried to allay fears over its USD 16 billion acquisition of Flipkart, saying the deal is good for India as it will help create millions of jobs and give a fillip to the economy through local sourcing of goods by the company.


Dipak Mondal
New Delhi, May 10, 2018
The tax on the deal arises due to indirect transfer provisions of Indian income tax laws. The tax provisions say income arising out of transfer of share of a company registered outside India is taxable in India, if such shares derive substantial value from assets located in India.


BusinessToday.In
New Delhi, May 10, 2018
Reports of offline retail major Future Group looking for a global retail major to sell at least 10 per cent of its stake have surfaced. The Indian offline retail major has reportedly talked to Amazon and Walmart in relation to the deal.


BusinessToday.In
May 10, 2018
Four of Flipkart's biggest investors had agreed to sell their stakes to Walmart, but the newest and biggest investor, SoftBank, which invested $2.5 billion in the company, will take away a bigger pie - $4 billion - out of the mega-deal.


BusinessToday.In
New Delhi, May 10, 2018
Walmart to pay $16 billion for control of FlipkartWalmart Inc said on Wednesday it will pay $16 billion for a roughly 77 percent stake in Indian e-commerce firm Flipkart, the U.S. retailer's largest-ever deal as it competes with Amazon.com Inc in an important growth market. Walmart's acquisition opens a new front in its battle with Amazon, which had expressed interest in making a competing offer. Amazon holds about 27 percent of India's burgeoning e-commerce market, according to...


Rajeev Dubey
May 10, 2018
Prime Minister Narendra Modi rarely misses an opportunity to meet with visiting CEOs of global companies. It's not just a photo-op but also helps build personal equation with the global honchos or founders of large companies.


Prosenjit Datta
May 10, 2018
Now that the Flipkart-Walmart deal has been announced, it is very clear what Flipkart is getting out of the deal. But it is not very clear what Walmart gains after paying $16 billion to take over the majority stake.


PTI
May 10, 2018
A day after announcing $16 billion investment in India's largest online retailer Flipkart, Walmart Inc today said it will continue to grow its wholesale cash-and-carry business, taking the total number of stores to 50 in the next four-five years.


BusinessToday.In
May 10, 2018
Just hours after announcing Walmart's acquisition of Flipkart in the biggest e-commerce deal in the history, Walmart President and CEO, Doug McMillon sent out his remarks to Flipkart employees saying that the acquisition was the best decision they have ever made.


PTI
May 9, 2018



PTI
May 9, 2018



Rajeev Dubey
New Delhi, May 10, 2018
Walmart CEO Doug McMillon has said that the Flipkart-Walmart deal will create around 10 million jobs in India. This includes both direct and indirect jobs.


BusinessToday.In
May 9, 2018
The Flipkart-Walmart deal involves the world's biggest company by revenue buying around 77 per cent stake in the Indian e-commerce market leader for $16 billion.


Rajeev Dubey
New Delhi, May 9, 2018
Walmart's global CEO Doug McMillon arrived in Delhi late Tuesday night to sign off on the Flipkart deal.


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