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Total 106 results found. Search for [ Flipkart CEO news ]

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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...


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...


BusinessToday.In
New Delhi, May 10, 2018
On Wednesday, US retailer giant Walmart Inc acquired 77% stake in home-grown Flipkart for USD 16 billion.


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.


BusinessToday.In
May 8, 2018
Walmart is expected to buy 70-75 per cent stake in the homegrown e-tailer Flipkart along with Google parent Alphabet for about $15 billion.


BusinessToday.In
New Delhi, May 7, 2018
Paytm, Flipkart effect! E-commerce market sees M&A deals worth $2.1 bn in 2017According to data from Grant Thornton, India's e-commerce industry inked as much as 2.1 billion dollars worth of merger and acquisition transactions in 2017. The e-commerce industry saw 21 deals worth 2,112 million dollars in 2017 with participation from players like Paytm and Flipkart. However, number of transactions and value was lower compared to 2016 which witnessed deals worth 2,224 million doll...


BusinessToday.in
New Delhi, May 1, 2018
Why duty-free shops at Indian airports may not offer the cheapest rates in futureAuthority for Advance Ruling (AAR) threatened to implement GST on duty-free shops. According to a representative of Flemingo, the largest operator of duty-free shops in India, if the AAR decision is implemented, the price of duty-free goods other than liquor could go up by 9-14%.GoAir sues former MD for allegedly stealing sensitive info, sharing with rival IndiGo: ReportLow-fare airline GoAir has report...


BusinessToday.In
New Delhi, April 30, 2018
The entry of Walmart into the picture would change the shareholding structure of the company but the top management would see no change.


Sonal Khetarpal
New Delhi, April 17, 2018
The first smartphone under this partnership will be the ZenFone Max Pro with Snapdragon 636 -- it will be launched on April 23, 2018 on Flipkart.


BusinessToday.in
New Delhi, April 17, 2018
World Bank forecasts 7.3 per cent growth for India in FY 2018The World Bank on Monday forecast a growth rate of 7.3 per cent for India this year and 7.5 per cent for 2019 and 2020, and noted that the country's economy has recovered from the effects of demonetisation and the Goods and Services Tax. \"Growth is expected to accelerate from 6.7 in 2017 to 7.3 per cent in 2018 and to subsequently stabilise supported by a sustained recovery in private investment and private consumption,...


BusinessToday.in
New Delhi, April 12, 2018
Tata Group may not bid for Air India as terms not favourableTata Group is unlikely to consider a bid for Air India as the government's terms are just too onerous, Reuters reported today. The report suggests three terms - merger with existing airline, job security of staffs and ownership of debts - that may have deterred the Tata Group from buying the national carrier. Tata Group till few months ago was seen as a potential bidder for the national airline. Last month, the government...


BusinessToday.In
April 9, 2018
The investors are worried about value erosion in the bank as uncertainties cloud its operations and potential liabilities make future earnings unpredictable.


BusinessToday.in
February 2, 2018
Eyebrows were raised last December when it was widely speculated that Alibaba, China's largest e-commerce firm, was going to invest big time in BigBasket, the hyperlocal grocery delivery company. There was even news of it seeking approval of the Competition Commission of India.


PTI
January 26, 2018
Future Group Founder and Chairman Kishore Biyani said in a statement that through Vulcan, the company plans to boost its last mile capabilities and also offer state-of-the-art solutions to its e-commerce and retail clients.


PTI
January 26, 2018



BT Online
New Delhi, September 25, 2017
Flipkart also claimed to have sold 1.3 million smartphones in the first 20 hours of their sale.


BT Online
New Delhi, May 31, 2017
Seth was heading strategy and corporate functions along with Flipkart's logistics unit Ekart.


Goutam Das
New Delhi, June 1, 2017
As automation spreads, millions of jobs could be on the block. What's the way out?


PTI
April 17, 2017
In a case of mistaken identity, many people downgraded and uninstalled the mobile application of e-commerce platform 'Snapdeal' instead of social networking app 'Snapchat' to mark their protest against certain unverified comments of Snapchat CEO about the Indian market.


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