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Walmart acquires 77 percent stake in Flipkart Group

Retail giant Walmart Inc. on Saturday acquired approximately 77 percent stake in e-commerce major Flipkart.According to a statement, Walmart now holds approximately 77 percent of Flipkart, while the remainder of the business is held by other shareholders, including Flipkart...

Microsoft Partners Amazon India for its Interactive Entertainment Business ((IEB)

Microsoft  has recently announced that the entire range of its Interactive Entertainment Business (IEB) portfolio would be available in India exclusively on Amazon.in beginning September 1, 2014. This will include Xbox One, Xbox 360, Kinect, Xbox Live, Xbox Accessories...

UK retailers to get Microsoft’s push for rapid online growth

Microsoft Corp announced recently that the Shop Direct Group has embraced the Windows 7 operating system to support its ambitious online growth plans for 2011. Shop Direct Group is one of the largest online and shop-at-home retail companies in...
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Indus Valley Cosmetics to Invest ₹40 Crores in R&D

The brand aims to enhance the visibility of its flagship product ‘Organic Gel Hair Colour’ through nationwide advertising and...
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