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Alibaba CEO Zhang to succeed Jack Ma as Chairman

Chinese e-tailer Alibaba Group's Chief Executive Daniel Zhang will be the new chairman, succeeding its co-founder Jack Ma from September 10, 2019, the global...

Jack Ma to step down as Alibaba chief, to pursue philanthropy

In a surprising move, China's richest man, Jack Ma, has revealed plans to step down as the Executive Chairman of e-commerce giant Alibaba on...

Luxury perfume brand Creed to launch in India

London's 250-year-old perfume brand Creed will be launched in India.Its maiden store is being launched in the country in partnership with Berkeley Beauty Brands...

P C Chandra Jewellers signs Kriti Kharbanda as brand ambassador

PC Chandra Jewellers has signed actress Kriti Kharbanda as brand ambassador.The actress will endorse the brand across India.Kriti said in a statement: "PC Chandra...

Sooraj Pancholi to launch active wear brand

Actor Sooraj Pancholi will be launching his own active clothing brand next year.A production company has approached Sooraj to launch his own line of...

Orient Electric eyes over 50 pc market share in premium fans segment

The Orient Electric Ltd., part of the diversified CK Birla Group, is planning to clock over 50 percent market share of the premium fans...

Flipkart unveils Indian version of eBay for refurbished goods

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...

Snapdeal increases authorised capital to Rs 15 crore

Jasper Infotech-owned leading e-tailer Snapdeal increased authorised capital from initial capital of Rs 10 lakh to Rs 15 crore by issuing an additional 8.82-crore...

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...

Walmart’s share price soars due to strong revenue gains

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...

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