Mon, Feb 24, 2020
Government likely to bring new rules for e-commerce players by 1 April, sources tell Zee Business' Sameer Dixit. Move to protect consumer interests
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Sun, Feb 02, 2020
Further tightening the noose on global ecommerce giants like Amazon and Walmart-owned Flipkart, the Indian government has announced mandatory TDS deduction on e-commerce transactions for the participants on the e-marketplaces
Mon, Dec 09, 2019
Walmart introduces Supplier development program for MSMEs in India, named as Vridhi scheme.
Tue, Dec 03, 2019
This HDFC Bank credit card is meant exclusively for members of Walmart India's Best Price stores across the country. Around one million members are now being introduced to this co-branded card with benefits like rewards and cashbacks on all purchases and savings of up to 6% on annual spends.
Wed, Oct 30, 2019
India is among the last frontiers for Amazon and a crucial market for growth. Founder Jeff Bezos has committed to spending more than $5 billion for the Indian market, where Amazon is locked in a battle with Walmart Inc-owned Flipkart.
Sat, Sep 21, 2019
Walmart Inc told staff on Friday it was discontinuing the sale of e-cigarettes and electronic nicotine delivery products at its U.S. stores.
Mon, Jun 24, 2019
Binny Bansal, co-founder of India's leading e-tailer Flipkart, sold around 54 lakh of his equity shares valued at $76 million (Rs 531 crore) to world's retail giant Walmart`s Luxembourg entity FIT Holdings SARL, business intelligence platform Paper.vc said on Monday.
Fri, Jun 21, 2019
International retail giant Walmart Thursday agreed to pay over USD 282 to various US bodies to settle charges of violating anti-corruption regulations while conducting its business in India, China, Brazil and Mexico.
Tue, Jun 04, 2019
An Indian startup's legal challenge against a Walmart unit claiming losses caused by sharp discounting of its products is winning support from other online sellers, in what is shaping as a key test of how the giant retailer operates in the country.
Wed, May 29, 2019
Walmart has appointed Suresh Kumar, an IIT Madras graduate and former Google executive, as its new chief technology officer and chief development officer.
Thu, May 16, 2019
US stock indexes rose 1% on Thursday and were on pace to extend a two-day winning streak, lifted by better earnings from Cisco and Walmart, and robust economic data.
Sat, May 04, 2019
Flipkart Chief Executive Kalyan Krishnamurthy said the e-tailer`s partnership with Walmart was helping the group to serve customers better and accelerate its growth with products and solutions.
Fri, Apr 12, 2019
Sachin Bansal has been a busy man since quitting Flipkart after Walmart picked up 77 per cent stake in the Indian e-commerce company for $16 billion.
Amazon has raised its minimum wage to $15 per hour for US employees from November, giving in to critics of poor pay and working conditions at the company.
Fri, Apr 05, 2019
In a recent Linkedin survey, Walmart-owned Flipkart is ranked as the most sought after company to work for in India.
Fri, Mar 08, 2019
"The Indian e-commerce and consumer internet sector has seen significant inflow of capital in 2018, making India one of the most exciting destinations to invest in across the globe," said Ankur Pahwa, Partner and National Leader E-Commerce and Consumer Internet, EY India.
Wed, Feb 20, 2019
We hope to have an effective, productive dialogue as it relates to future changes that happen
Thu, Feb 14, 2019
Garrick Clark, a 44-year-old driver making deliveries for Walmart in Alpharetta, said he would prefer dropping packages for Amazon over delivering groceries for Walmart because Amazon pays $18 to $24 an hour for similar deliveries.
Wed, Feb 13, 2019
The new policy has come into effect from February 01, 2019. Few notable norms are - 100% FDI under automatic route is permitted in marketplace of e-commerce.
Thu, Feb 07, 2019
The revised FDI norms in e-commerce, however, have tightened the noose around the businesses of the country's leading e-tailers - Walmart-owned Flipkart and Indian arm of American e-commerce giant Amazon.
Amazon was forced to remove hundreds of thousands of items sold by top vendors Cloudtail and Appario as it indirectly held 49 percent equity stakes in both firms
Wed, Feb 06, 2019
Walmart last year in May, gave the world its largest-ever e-commerce deal by buying Flipkart for about $16 billion for an initial stake purchase of 77%.
Morgan Stanley, in a report titled 'Assessing Flipkart Risk to Walmart EPS' dated February 4, claimed that "an exit is likely, not completely out of the question, with the Indian e-commerce market becoming more complicated."
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![Walmart introduces Supplier development program "Vridhi scheme''](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2019/12/09/00000003_10.jpg?itok=voVgVTfZ "Walmart introduces Supplier development program "Vridhi scheme''")
