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After Flipkart, Tiger Global banks on other Indian e-commerce firms

Firms like Ola, Freshworks, CarTrade, PolicyBazaar may provide Tiger Global's next exits from India.....»»

Category: topSource: business-standardMay 16th, 2018

After Flipkart, Tiger Global to make decent returns on other Indian bets

Firms like Ola, Freshworks, CarTrade, PolicyBazaar may provide Tiger Global's next exits from India.....»»

Category: topSource: business-standardMay 17th, 2018

News digest: Karnataka exit polls, Flipkart IPO, Indian B-schools and more

US retail giant Walmart is looking to retain Flipkart co-founder Binny Bansal and other minority investors such as Tiger Global for at least four years.....»»

Category: topSource: business-standardMay 12th, 2018

Hyundai Motor, Kia to invest $300 million in India"s Ola

South Korean automakers Hyundai Motor Co and Kia Motors Corp will together invest $300 million in Indian ride-hailing platform Ola, playing catch-up in the global race to invest in mobility firms......»»

Category: topSource: reutersMar 19th, 2019

Exclusive: Indian antitrust watchdog raids Glencore business, others over pulse prices - sources

India's antitrust watchdog raided units of global commodities trader Glencore and two other firms in Mumbai on Saturday in an inquiry into alleged collusion on the price of pulses, four sources with knowledge of the raids told Reuters......»»

Category: topSource: reutersMar 16th, 2019

Exclusive: Indian steel firms seek higher duties on steel imports as prices drop

Indian steel firms are putting pressure on the nation's government to impose higher duties on imports as trade disputes and a global economic slowdown divert surplus Asian steel stocks to India, industry executives and government sources said......»»

Category: topSource: reutersFeb 5th, 2019

Walmart, Amazon scrambling to comply with India"s new e-commerce rules

Walmart Inc-owned Flipkart and Amazon.com Inc's Indian unit are rushing to rejig ownership structures and rework some key vendor relationships, as they seek to comply with new Indian e-commerce curbs without disrupting their businesses......»»

Category: topSource: reutersJan 31st, 2019

Exclusive: Walmart"s Flipkart warns of major "customer disruption" if new India rules not delayed

Walmart Inc's online retailer Flipkart has told the Indian government the company faces the risk of "significant customer disruption" if the implementation of new curbs for e-commerce is not delayed by six months, a source told Reuters......»»

Category: topSource: reutersJan 29th, 2019

Here are the finance firms cutting jobs amid 2019 market turmoil

Asset managers and banks are under pressure as volatility roils global markets and investors pile into passive, low-fee funds......»»

Category: topSource: moneycentralJan 11th, 2019

Global banks chase Asia techs transaction business, as trade war rumbles

Global lenders including Citigroup and HSBC are stepping up efforts to sell day-to-day banking services to Asia's fast-growing new technology firms, amid growing competition for more traditional transaction banking......»»

Category: topSource: reutersDec 20th, 2018

When It Comes to China, Global Banks Better Hurry Up and Wait

Wall Street firms have been clamoring for access to the mainland market. There could be good reason to pause......»»

Category: topSource: washpostNov 27th, 2018

What Did Walmart Know and When Did It Know About Allegations Against Flipkart CEO?

Binny Bansal, co-founder and CEO of Flipkart, resigned Tuesday effectively immediately. Walmart, which controls the Indian e-commerce giant, had investigated an allegation of personal misconduct that........»»

Category: blogSource: 247wallstNov 13th, 2018

Walmart Says Flipkart CEO Out After Misconduct Allegations Probe

The giant's $16 billion acquisition is providing drama. Walmart said on Tuesday that the co-founder and CEO of Indian e-commerce leader Flipkart Group has stepped down in the wake of allegations of “serious.....»»

Category: europeSource: fortuneNov 13th, 2018

The CEO of the Indian e-commerce giant that Walmart bought a $16 billion stake in has resigned amid an allegation of personal misconduct (WMT)

AP Flipkart Group CEO Binny Bansal has resigned following an allegation of "serious personal miscondu.....»»

Category: topSource: businessinsiderNov 13th, 2018

Walmart says Flipkart CEO has resigned after misconduct investigation

The co-founder and chief executive officer of Indian e-commerce company Flipkart Group has resigned after an investigation into allegations of “serious personal misconduct,” owner Walmart Inc. said......»»

Category: topSource: moneycentralNov 13th, 2018

Walmart says Flipkart CEO has resigned after misconduct investigation

The co-founder and chief executive officer of Indian e-commerce company Flipkart Group has resigned after an investigation into allegations of “serious personal misconduct,” owner Walmart Inc. said......»»

Category: topSource: moneycentralNov 13th, 2018

Walmart lowers earnings outlook to account for Flipkart acquisition

Walmart Inc lowered its earnings forecast for the year on Tuesday to include the impact from its acquisition of Indian e-commerce company Flipkart, and said its e-commerce growth next year will be slower than the current fiscal year......»»

Category: topSource: reutersOct 16th, 2018

Finance CEOs pull out of Saudi ‘Davos in the Desert’ over Khashoggi, risking lucrative role in kingdom’s economic reforms

Global banks and investment firms have been earning large fees from Saudi Arabia — and stood to earn even more if the kingdom made good on plans to privatize its oil industry......»»

Category: topSource: washpostOct 15th, 2018

Beware The Zombies: BIS Warns That Non-Viable Firms Are Crippling Global Growth

Ten years after central banks unleashed a period of record low interest rates, the central banks' central bank is warning that this may not have been the smartest move. In the latest quarterly review from the Bank of International S.....»»

Category: blogSource: zerohedgeSep 23rd, 2018

China commerce minister says U.S. unilateralism, protectionism will hurt global economy

China's commerce minister told representatives of foreign firms on Monday that the United States' unilateralism and protectionism will impact both U.S. and China's interests and hurt the global economy......»»

Category: topSource: reutersSep 17th, 2018

How Will Walmart"s Flipkart Acquisition Impact Investors?

Walmart closed its acquisition of the Indian e-commerce company earlier this month......»»

Category: topSource: foxnewsAug 21st, 2018