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  Walmart may approach I-T dept to determine tax liability in Flipkart deal

  Business | August 09, 2018 16:35 IST

  Flipkart had shared share purchase agreement with tax authorities in May, and I-T department is currently calculating the tax rate that would be applicable for investors in Flipkart who are selling the shares to Walmart. Significant shareholders like SoftBank, Naspers, venture fund Accel Partners and eBay, have agreed to sell their shares.

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  Walmart India to create 30,000 jobs in Uttar Pradesh

  Business | July 27, 2018 17:50 IST

  In the UP Investment Summit held earlier this year, Walmart India had signed a memorandum of understanding (MoU) with the state government to open 15 wholesale Cash and Carry stores. 

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  Walmart expands Microsoft partnership to boost digital footprint

  Business | July 17, 2018 14:05 IST

  Under the partnership, Walmart and Microsoft engineers will collaborate on the assessment, development and support phase of moving hundreds of existing applications to Cloud native architectures. 

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  Walmart expects to close Flipkart deal by the end of this year

  Business | June 05, 2018 20:57 IST

  According to a regulatory filing with Securities and Exchange Commission (SEC), Walmart said the ongoing operations of Flipkart are expected to impact the US company's income negativel

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  Flipkart-Walmart deal good for better economic stability, job creation: Walmart CEO

  Business | May 10, 2018 17:35 IST

  "It's pretty clear that this deal is good for customers and would create jobs and help society", said Walmart chief executive Doug McMillon.

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  Flipkart's journey: Start-up worth Rs 4 lakh to e-commerce giant valued at Rs 1.47 lakh cr | All you need to know

  Business | May 10, 2018 14:48 IST

  The deal, under which co-founder Sachin Bansal and Japan's Softbank Corp Group are exiting, values Flipkart at USD 20.8 billion. It is the biggest M&A deal in India this year.

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  Walmart-Flipkart deal: Indian retail giant's co-founder Sachin Bansal pens letter to employees before exit

  Business | May 10, 2018 13:06 IST

  In his letter, Flipkart co-founder Sachin Bansal said it was time for him to hand over the baton and focus on finishing a few personal projects.

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  US retailer Walmart acquires 77% stake in Flipkart for $16 billion in its biggest acquisition till date

  Business | May 09, 2018 21:26 IST

  The reports say the deal values Flipkart, the 11-year old Indian e-commerce company, at $20.8 billion.

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  From 'holding' firm, Flipkart turns into 'private' firm for buyout by Walmart

  Business | May 04, 2018 23:28 IST

  Flipkart, in a regulatory filing, informed ACRA that it concluded a second buyback of shares from a set of its investors for $350.46 million in a transaction that closed on April 27.

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  Flipkart co-founder Sachin Bansal likely to quit after Walmart takeover, say reports

  Business | May 04, 2018 11:21 IST

  Earlier, in a 15 billion US dollar deal signed on Thursday, Walmart decided to buy 73 per cent of the Indian e-commerce giant.

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  Amazon may offer to buy Flipkart to rival Walmart's bid: Reports

  Business | April 04, 2018 13:54 IST

  Launched in 2007, Flipkart has, so far, raised more than $6 billion. The firm controls nearly 40 per cent of India's online retail market, ahead of Amazon.

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  Colorado shooting: Two dead and one injured at Walmart in Thornton

  News | November 02, 2017 10:00 IST

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  Colorado shooting: 'Multiple people shot' at Walmart in Thornton

  News | November 02, 2017 7:33 IST

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  Google, Walmart float new e-commerce venture

  August 23, 2017 14:21 IST

  The new e-commerce firm is likely to give a tough fight to online shopping giant Amazon.

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  Walmart eyes 50 new stores; 20 of them in UP, Uttarakhand

  March 27, 2017 10:00 IST

  Global retail giant Walmart is planning to open 50 new stores in India, half of which will be located in Uttar Pradesh and Uttarakhand.

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  Walmart may help Flipkart take the fight to Amazaon with Rs 66,000 crore investment

  September 28, 2016 18:36 IST

  World's biggest retailer Walmart Stores is looking to buy a small equity in Indian e-commerce giant Flipkart.

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  Texas: Armed worker at Walmart takes hostage, shot dead

  World | June 15, 2016 6:56 IST

  Amarillo: Police say a suspect has been shot and is apparently dead after officers responded to a reported shooting inside a Wal-Mart store in Amarillo, Texas. The Amarillo Police Department released a brief statement saying

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  Alibaba’s business hits $463 bn mark, slated to pip Walmart as world's top retailer

  March 22, 2016 14:18 IST

  Marking a significant development in the e-commerce market, Chinese giant Alibaba has on Monday said it has crossed a major milestone, hitting the 3 trillion RMB ($463 billion) in trade volume transacted over its China retail marketplaces in under a

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  Walmart in talks with Baba Ramdev to sell Patanjali products

  January 26, 2016 13:48 IST

  New Delhi : With the growing demand for Patanjali products from its wholesale buyers, India unit of world's largest retailer, Wal-Mart, is talking to Yoga guru Baba Ramdev  to sell his firm's products across its

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  Wal-Mart to shutter 269 stores, 154 of them in US

  January 18, 2016 11:53 IST

  New York: Wal-Mart is doing some rare pruning. The world's largest retailer is closing 269 stores, including 154 in the U.S. that includes all of its locations under its smallest-format concept store called Wal-Mart Express.