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Flipkart India widened its consolidated losses to Rs 5,189 crore in FY25 despite revenue growth, while Flipkart Internet narrowed its losses, highlighting mixed financial performance amid rising expenses and finance costs

The move, coming at a time when the Indian digital economy is growing at a much faster pace, is subject to receipt of regulatory and other customary approvals by both parties, the homegrown e-commerce firm said in a statement.

Furthermore, in the six-month period ending on July 31, the company secured $0.7 billion in fresh equity funding for its majority-owned subsidiary, PhonePe.

Saudi state-run oil giant Aramco reported net income of USD 30 billion, compared to USD 48 billion in the second quarter of 2022, a decline of 37.8 per cent

As per a Wall Street Journal report, Walmart has made the payment to increase its stake in Flipkart.

MoU between Swasti and Telangana government's Industries and Commerce Department will facilitate the development of local Micro, small and medium-sized enterprises (MSMEs)

According to Chesapeake police, a call reporting the shooting came in at 10.12 p.m. on Tuesday, reports Xinhua news agency.

New Delhi: Retail giant Walmart on Thursday said that it is now offering manufacturers and trading firms in India to reach a growing market of more than 120 million US consumers each month. As part of its efforts to expand sourcing from India to $10 billion a year by 2027, Walmart, along with Flipkart and […]

Walmart's trademark filings indicate that the company is looking to establish its own NFTs (non-fungible tokens) and cryptocurrency, reports CNBC.

Sources said the notice was issued after completion of investigation and the charges include violation of the foreign direct investment (FDI) rules and those that regulate multi-brand retail.

Reliance took a beating on the rankings as revenues dropped owing to the COVID-19 pandemic. This is its lowest ranking since 2017.

The investment values the Group at USD 37.6 billion (about Rs 2.79 lakh crore) post-money, Flipkart said in a statement.

The transaction - which may also see participation from Singapore's sovereign wealth fund GIC and Canadian pension fund CPPIB - could value Flipkart between USD 30-32 billion.

These are being sourced globally and will be donated to hospitals and NGOs in India for distribution as the country gasps for oxygen amid the lethal second Covid wave.

Walmart said the robots save time since employees don't have to walk store aisles to find items.

This first-of-its-kind livestream shopping experience will take place on Friday at 8 p.m. EST on the Walmart profile page on TikTok, the company said on Thursday.

India is already one of Walmart’s top sourcing markets, with annual exports worth about $3 billion

The expansion in sourcing will include helping develop new suppliers in categories such as food, pharmaceuticals, consumables, health and wellness, and general merchandise, along with apparel homeware and other key Indian export categories.

KKR & Co, a global investment firm, will purchase a 65% stake, while Japanese online retailer Rakuten will acquire a 20% stake from Walmart,

This second round of funding comes at a time when Flipkart is focusing on growing its Supermart (grocery) and Flipkart Quick (hyperlocal business).