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www.businesstoday.in
May 16, 2018



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.


Goutam Das
New Delhi, May 11, 2018
The Walmart statement on its Flipkart purchase made all the right noises. It would create jobs and support 'Make in India'. The statement also mentions the humble kirana: \"Among other initiatives, Walmart will partner with kirana owners and members to help modernise their retail practices and adopt digital payment technologies.\"


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.


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.


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.


www.businesstoday.in
May 9, 2018



www.businesstoday.in
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
New Delhi, May 9, 2018
Walmart will pay $16 billion for an initial stake of 77 per cent in Flipkart, valuing the e-tailer close to $20 billion. The remainder of the business will be held by some of Flipkart's existing shareholders.


Joe C Mathew
New Delhi, May 9, 2018
RSS affiliate Swadeshi Jagran Manch (SJM) has opposed the takeover of home grown Flipkart by US retail major Walmart. In a letter to Prime Minister Narendra Modi, SJM alleged that the approval for the takeover is in violation of existing laws.


BusinessToday.In
New Delhi, March 23, 2018
Most jobs are in the data science and analytics team in order to push its AI-for-India programme and also counter; Flipkart had cut down its hiring drive in 2016


www.businesstoday.in
New York, August 16, 2013
Walmart Stores Inc. cut its annual profit and revenue outlook as the world's largest retailer continues to deal with a tough economy at home and abroad.


www.businesstoday.in
Washington, October 11, 2012
Hundreds of Walmart workers rallied across a dozen cities in the US, protesting against low wages and alleged unjust labour practices and have threatened to go on a nationwide strike on November 23.


www.businesstoday.in
Hyderabad, September 27, 2012
Walmart, the world's largest retailer, is firming up plans to open its first store in India in about 18 months from now, boosted by the government's move to allow FDI in retail.


www.businesstoday.in
New Delhi, September 24, 2012
Allaying fears that opening up of the retail sector for FDI will hurt small kirana (grocery) shops, Plan Panel Deputy Chairman Montek Singh Ahluwalia said modern retail is an expanding segment and it would more than double in a very short time.


www.businesstoday.in
New Delhi, September 11, 2012
The government is likely to announce an FDI package within the next fortnight, which could include allowing foreign investment in multi-brand retail and the civil aviation sector.


www.businesstoday.in
New York, April 7, 2012
The 'Women in Factories' programme is a five-year initiative that will be implemented in collaboration with local NGOs and teach \"critical life skills\" related to communication, hygiene, reproductive health, occupational health and safety and gender sensitivity.


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