walmart

 

SoftBank says selling its entire Flipkart stake to Walmart

May 23 2018 | 33 mins ago

SoftBank Group Corp (9984.T) said it is selling its roughly 20 percent stake in Indian e-commerce firm Flipkart [IPO-FLPK.N] to Walmart Inc (WMT.N).

CAIT to move CCI on Walmart-Flipkart deal

May 21 2018

CAIT said it will move fair trade regulator CCI to file objections on the proposed Walmart-Flipkart deal, claiming that the agreement would lead to an uneven playing field and massive job losses.

Flipkart to ramp up product range, partners for Perfect Homes

May 21 2018

Flipkart expects its 'Perfect Homes' to account for almost half its revenues in the furniture category by next March as it expands the product range.

UK competition regulator seeks comment on Sainsbury's/Asda deal

May 18 2018

Britain’s competition regulator invited all interested parties in the proposed deal to combine Sainsbury’s with Walmart’s Asda to comment on the impact it could have.

Wall Street slips as Cisco drags, bond yields rise

May 17 2018

Wall Street’s main indexes dropped on Thursday as U.S. bond yields climbed to a seven-year high and Cisco’s forecast disappointed, while looming Sino-U.S. trade talks added to the jitters.

Walmart's US e-commerce growth rebounds, shares rise

May 17 2018

Walmart Inc (WMT.N), the world’s biggest retailer, posted a rebound in its U.S. e-commerce business on Thursday and beat profit and revenue expectations, lifting its shares in premarket trade.

Walmart's US e-commerce growth rebounds, shares rise

May 17 2018

Walmart Inc, the world’s biggest retailer, posted a rebound in its US e-commerce business on Thursday and beat profit and revenue expectations, lifting its shares in premarket trade.

Asda's sales rise for fourth straight quarter

May 17 2018

Asda, that is set to be acquired by Sainsbury’s, reported a 4th straight quarter of underlying sales growth, showing a recovery under new management is gaining momentum.

Flipkart India trims losses to Rs 244.7 cr in FY17

May 16 2018

Flipkart India has halved its standalone losses to Rs 244.7 crore during the 2016-17 fiscal from Rs 544.5 crore in the previous year, according to regulatory documents.

'Flipkart-Walmart deal circumvents laws; may seek legal recourse'

May 16 2018

CAIT alleged the USD 16 billion Flipkart-Walmart deal circumvents laws, and said it will seek legal recourse on the matter.

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Stocks In News

 

CADILA HEALTH

To Consider Fund Raising Via Shares, Bonds On May 24

RUCHI SOYA

Adani-Wilmar JV Competes Patanjali To Buy Entire Stake Of Co

Deal Valued At Around Rs 5,000 Cr

Economic Times Reports

FORTIS HEALTH

Fortis Faces MCA Probe ahead of EGM

Director General to look into mismanagement charges

3 Directors nominated by promoters to quit the Board on May 22

Govt may take over the co if mismanagement reported

Business Standard Reports

BHARTI AIRTEL

Bharti's Cedar Svcs May Sell Stake Of 9.23% In Future Retail & Ent

Deal Size Valued At Rs 2,500 Cr

Economic Times Reports

FUTURE RETAIL

Acquires Foodworld Supermarkets At Rs 40 Cr

Foodworld OSouthern India

Expects acquisition to be completed within 10-12 weeks

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