Myntra to stay independent: Walmart’s Judith McKenna to staff
The Myntra-Jabong combine has witnessed restructuring of its top deck since November 2018, leading to the departure of its CEO Ananth Narayanan.
Piyush Goyal, Walmart CEO discuss local sourcing, Make in India
The FDI rules for e-commerce do not allow foreign investment in the inventory...
Walmart to help Flipkart leverage its global scale
The company reiterated that the change in earning guidance, which was notified when the Fl...
Flipkart employees meet new bosses in townhall meeting
Bansal and McKenna jointly introduced the newly-appointed Flipkart Group’s chief financial officer Emily McNeal, who has been Walmart’s M&A head.
Walmart founder's grandson to join Flipkart board?
Walmart International president Judith Mckenna and Dirk Van den Berghe, executive VP and regional CEO, Walmart Canada and Asia, are also expected to become directors.
Ecommerce firms submitting companies details to government
This is first such instance of the govt seeking such a clarification on the way these internet cos function.
Flipkart charts roadmap for US listing by 2022
CEO Krishnamurthy tells top team to focus on compliance and profitability.
Walmart to invest Rs 180 cr to improve farmers' livelihood
Walmart has stores in 28 countries, employing more than 2.3 million associates and doing business with thousands of suppliers who, in turn, employ millions of people.
Walton’s Grandson Steuart Walton on Flipkart Board?
Walmart India CEO Krish Iyer is likely to be the part of integration team from Walmart that will work on the transition of management.
Walmart may get financial investors for Flipkart
We are committed to Flipkart being successful in India. This is not a short-term investment. We have already shown commitment and we believe that’s the right thing to do.
Walmart is now the largest shareholder of Flipkart
Moving forward, Flipkart's financials will be reported as part of Walmart's International business segment.
Walmart team meets UP CM Yogi Adityanath; discusses agri, food processing
At the meeting, the UP chief minister spoke about focussing on agriculture sourcing, food processing industry and One District One Product (ODOP) to support local traditional art forms.
Flipkart's ecosystem true advantage to Walmart: Official
Judith McKenna, Executive VP, President and CEO of Walmart International, on a recent investor call has said the e-commerce market in India, while it is still nascent at 2 per cent penetration, is forecast to grow rapidly.
Walmart founder's grandson, two others to join Flipkart board
Doug McMillon made the announcement in a townhall on Thursday, a day after the US retailer announced a $16-billion deal to acquire 77% stake in Flipkart.
Binny Bansal filed police complaint against woman who alleged misconduct
Binny’s decision to approach the the police came last week, after he stepped down as the Group CEO.
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