Friday, 1 July, 2022
TopicWalmart Inc.

Topic: Walmart Inc.

Now Walmart to build massive warehouse in India with billionaire Gautam Adani

The partnership marks the entry of Adani into the three-way fight for domination of India’s online shopping space. Up against the Walmart-Adani alliance is Amazon & Reliance Industries.

New lobby group rises to push Amazon, e-commerce sites to tackle sale of counterfeit goods

The group, which includes companies like Walmart & Target, is looking to back legislation that would require digital marketplaces to verify information about third-party merchants.

A ‘post-chemical world’ is building as agribusinesses go green

Pressure for less chemical-intensive farming methods is coming from retailers like Walmart, who are throwing more dollars toward organic foods with environmental claims.

Walmart to take on Amazon in India with Flipkart’s free video streaming service

Flipkart, owned by Walmart, plans to roll out a video streaming service for its loyalty program members by September.

Walmart to pay $282 million to end 7-year probe over deals in India, China, Brazil & Mexico

The US Securities and Exchange Commission faulted Walmart over payments made to fast-track store openings in India, Mexico, China, and Brazil.

War to dominate India’s tech sector to see more billion dollar acquisition deals

Global technology companies are being drawn to do deals in India as mobile internet penetration increases & digital payments boost consumer spending.

Mergers & acquisitions in India cross a blockbuster $100 billion in 2018

With more deal-making expected, the tally is likely to surpass $100 billion in 2019 too.

Amazon India goes where no retailer has gone before for endangered art

After Walmart's $16 billion investment in Flipkart, the largest internet retailer's move of recruiting these unlikely suppliers is a sign of the fierce battle raging globally. 

On Camera

YourTurn

Representational image | Islam devotees offer Friday prayers during Ramadan, Patna, April 2022 | PTI

Quran says no one can limit others’ freedom. Udaipur killing violates Islam’s golden rule

Throughout history, Islamic scholars have uniformly agreed that respecting and obeying the law of the land is an essential aspect of faith.
The Reserve Bank of India logo | Photo: Suraj Singh Bisht | ThePrint

RBI intervenes with multi-pronged strategy in battle against rupee fall

The Reserve Bank’s challenges include crashes in forward dollar premiums to rising open interest in futures that adds to pressure on the currency.

Defence

National Security Adviser Ajit Doval | File photo: ANI

At 1st Maritime Security Group meet, NSA chief Doval stresses on coordination among stakeholders

Meeting chaired by Vice Admiral (retd) G. Ashok Kumar, India’s 1st national maritime security coordinator. ‘Crucial policy issues’ such as ‘blue economy initiative’ also discussed.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
×