Walmart reduces import dependence on China and shifts focus to India

30 Nov 2023

Walmart, the world's largest retailer, has significantly increased its imports from India while decreasing its reliance on China.

Flipkart to acquire majority stake in Sastasundar to boost healthcare portfolio

12 Nov 2021

Flipkart, founders could face Rs10,000-cr fine for flouting FDI rules, say reports

09 Aug 2021

Flipkart acquires 7.8% stake in Aditya Birla Fashion for Rs1,500 cr

26 Oct 2020

With a network of 3,004 stores, presence across approximately 23,700 multi-brand outlets with 6,700+ point of sales in department stores across India, Aditya Birla Fashion and Retail Limited is India’s largest pure-play fashion and lifestyle company

Flipkart to offer 90-minute deliveries in India

29 Jul 2020

CCI probes alleged anti-trust practices by Amazon, Flipkart

14 Jan 2020

The anti-trust regulator has ordered a probe into allegations of exclusive sales, deep discounts and preferential treatment to certain sellers by the two e-commerce firms

Govt seeks details of top 5 sellers on Amazon, Flipkart

21 Oct 2019

Traders body CAIT alleges an unholy nexus among e-commerce firms like Amazon and Flipkart, brands, particularly in mobile, FMCG, electronics, electrical appliances, footwear, garments and various banks that tend to distort prices of different products on online portals

Flipkart partners NSDC to impart supply chain skills to 20,000

13 Aug 2019

Binny Bansal sells 0.33% in Flipkart to Walmart for $76.4 million

24 Jun 2019

Binny Bansal, who had earlier also sold a small portion of his residual stake in Flipkart, owned 3.52 per cent stake in Flipkart before the latest sale of 5,39,912 shares to Walmart

Flipkart launches online grocery store ‘Supermart’ In Mumbai

09 May 2019

Flipkart Supermart promises free delivery on orders above Rs600, the best prices on top brands, and an easy returns policy on delivery itself

New FDI rules could force Walmart to exit Flipkart: Morgan Stanley

05 Feb 2019

Effective 1 February, e-commerce platforms cannot sell their own products or brands that are directly or indirectly owned by them or make more than 25 per cent of their sales from private labels

Govt now says Flipkart and Amazon can sell own private labels

04 Jan 2019

Flipkart parent gets a Rs2,190-cr equity boost from Walmart

12 Dec 2018

The fresh infusion of funds by Walmart comes amidst reports that Flipkart may invest in or partner with offline retailers in groceries and furniture to take on arch rival Amazon in India

Flipkart is now 81.3% Walmart

21 Nov 2018

The move, amidst a controversial exit of co-founder Binny Bansal and an expected rise in annual earnings of Flipkart, leaves the remaining shareholders with a mere 18.639 per cent stake

Binny Bansal resigns as chairman and CEO of Flipkart group

14 Nov 2018

With both co-founders - Sachin Bansal and Binny Bansal - out of power, Flipkart, India’s largest and most popular e-commerce firm, will now be a Walmart show

Walmart sees a $740 mn hit on quarterly profit on Flipkart acquisition

17 Oct 2018

Flipkart launches own platform for refurbished goods, ends tie-up with eBay

23 Aug 2018

Traders plan nationwide bandh against Walmart’s Flipkart buy

21 Aug 2018

Walmart’s acquisition of Flipkart unlikely to impact competition: CCI

13 Aug 2018

Flipkart-Walmart deal gets regulatory approval

09 Aug 2018

While the Flipkart-Walmart alliance aims to fend off competition from e-commerce giant Amazon, the US retail giant announced plans to hire 1,000 professionals and also projected creation of 30,000 direct and indirect jobs through new cash-and-carry shops

SoftBank sees 50-fold rise in net profit at $2.8 bn on back of Flipkart deal

07 Aug 2018

SoftBank showed a gain of around $1.48 billion on its balance sheet due to an increase in the fair value of its stake in Flipkart, translating to a 60-per cent return on its investment ahead of its sale to Walmart

Flipkart to take on Amazon with launch of customer loyalty programme

01 Aug 2018

Traders threaten to fight Flipkart-Walmart deal in Supreme Court

03 Jul 2018

India currently allows 100-per cent foreign direct investment in e-commerce firms that operate on an online marketplace-based model and most analysts and experts expect the deal to go through

Flipkart unearths Rs1.56 cr ‘returns’ fraud, files plaint

09 Jun 2018

Walmart to take kirana stores into confidence ahead of Flipkart buy

06 Jun 2018

Walmart is planning to open its second fulfilment centre in India as part of its kirana store programme, called 'Mera Kirana', which tries to empower and train local kirana stores