Walmart
General
Foreign investors hope PM Modi dials back policy shocks after big election win
Foreign companies in India have welcomed Prime Minister Narendra Modi’s election victory for the political stability it brings, but now ......
Finance
Private markets investment management firm Adams Street looks to expand India footprint
Adams Street Partners LLC, a US-based private markets investment management firm, may weigh the possibility of making direct venture-style bets ......
Consumer
Spencer's Retail to buy Nature's Basket for $43 mn
Spencer's Retail Ltd, part of RP Sanjiv Goenka Group, has agreed to acquire upmarket grocery chain Nature's Basket from Godrej ......
Finance
Citigroup looks to expand India retail banking business with Paytm tie-up
India’s top digital payments firm Paytm on Tuesday launched a credit card with Citigroup, widening its financial product base while ......
TMT
Amazon feels little impact of compliance with new Indian e-tail rules as profit soars
Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two ......
TMT
Amazon to shut local marketplace in China as it continues India expansion
Amazon.com Inc said it will shut its China online store by July 18, as the U.S. e-commerce giant focuses on ......
Finance
Emily McNeal to head Flipkart's $60-100 mn startup fund
Homegrown e-commerce giant Flipkart, one of the storied companies built through venture capital funding till its acquisition by Walmart Inc. ......
Economy
Trump plans to end India's preferential trade treatment
U.S. President Donald Trump looked set to open a new front in his trade wars on Monday with a plan ......
TMT
Reliance to pick up majority stakes in Grab, C-Square
Mukesh Ambani-led Reliance Industries Limited (RIL) has agreed to acquire an 83% majority stake in Mumbai-based hyperlocal delivery platform Grab. In ......
TMT
Ola bags $92-mn cheque from Flipkart co-founder Sachin Bansal
Flipkart co-founder Sachin Bansal has invested Rs 650 crore ($92 million) in ANI Technologies Pvt. Ltd, which operates cab-hailing app ......