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International News
Walmart unboxes America’s best toy shop
When it comes to toys, Walmart is not playing around! Walmart has unboxed its plans for America’s Best Toy Shop: its destination for kids’ favorite products – toys! – in its stores and on Walmart.com. Walmart’s toy aisles are...
Retail
Flipkart unveils Indian version of eBay for refurbished goods
IANS -
Retail giant Walmart-owned leading e-tailer Flipkart on Wednesday unveiled a dedicated portal '2GUD' for refurbished goods, including mobile phones, laptops and tablets, a week after shutting its eBay India operations."The independent platform '2GUD' aims to bring affordability, accessibility and...
Retail
Walmart acquires 77 percent stake in Flipkart Group
IANS -
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...
Food
Shubh Food Products: Leading the Spice Race
Shubh Food Products has carved a name for itself in the past 18 years. Starting off with a simple spice product Asafoetida (hing), the company now boasts of numerous private label products under its belt. Founder Gaurav Gambhir once...
Food
Walmart’s share price soars due to strong revenue gains
IANS -
Walmart's share price soared on Thursday as investors focused on the retail giant's strong quarterly revenue gains and shrugged off a net loss linked to the sale of a majority stake in its Brazilian unit.The Bentonville, Arkansas-based company posted...
Food
Walmart India activates UPI for all its registered members
Walmart India, a wholly-owned subsidiary of Walmart Inc, on Thursday activated unified payments interface (UPI) for all its registered members.This payment solution will enable members, especially kiranas/resellers, who shop online at Walmart India's B2B e-commerce site bestprice.in, to make...
Retail
Traders’ body to move court against CCI nod for Walmart-Flipkart deal
IANS -
Fair trade watchdog Competition Commission of India (CCI) has approved the acquisition of e-commerce major Flipkart by Wal-Mart International Holdings.However, a traders' body said that it will move the court against the approval."@CCI_India approves proposed acquisition of Flipkart Private...
Retail
Walmart expects ‘timely approval’ for Flipkart deal
Walmart expects timely approval from authorities for its US $16 billion deal to acquire Flipkart, a top company official said.According to a PTI report: The company is awaiting approval from fair trade regulator CCI, where its mega deal to...
Food
Walmart to open 6 more stores in Uttar Pradesh soon
US retail major Walmart will open six more stores in Uttar Pradesh soon, taking the number of such outlets to ten, a top company official said."We have four stores at present - two in Agra, and one each in...
Food
Walmart to open 20 cash and carry stores in next three years
US Retail major Walmart will open 20 wholesale cash-and-carry stores in the next three years, a top company official said. The company, which opened its second fulfilment centre here, is also in the process of opening some more 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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