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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

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

Walmart, in battle with Amazon, completes $16B investment in FlipKart

Walmart Inc. has completed its $16 billion investment in Indian e-commerce company Flipkart. Arkansas-based Walmart (NYSE: WMT) said it now owns 77 percent of Flipkart as it ramps up its worldwide online selling battle with rival Amazon.com Inc. .....»»

Category: topSource: bizjournalsAug 21st, 2018

Walmart, in battle with Amazon, completes $16B investment in India"s FlipKart

Walmart Inc. has completed its $16 billion investment in Indian e-commerce company Flipkart. Arkansas-based Walmart (NYSE: WMT) said on Saturday, Aug. 18, that it now owns 77 percent of Flipkart as it ramps up its worldwide online selling battle .....»»

Category: topSource: bizjournalsAug 21st, 2018

SoftBank boost earnings with tech investment sales

Japan’s SoftBank reported a near 50 percent jump in quarterly profit, boosted by the sale of its stake in Indian e-commerce giant Flipkart and most of the company's Chinese operations of ARM Holdings. Thuy Ong reports......»»

Category: videoSource: reutersAug 6th, 2018

SoftBank"s Operating Profit Jumps 49%, Boosted by Vision Fund

Rising valuations on investments in startups such Indian e-commerce company Flipkart and U.S. shared-office firm WeWork gave Softbank’s quarterly operating profit a lift......»»

Category: smallbizSource: wsjAug 6th, 2018

"Walmart Go Back": India"s mom-and-pop stores protest Flipkart deal

India's shopkeepers took to the streets on Monday to protest Walmart's $16 billion takeover of Indian e-commerce leader Flipkart......»»

Category: topSource: moneyJul 2nd, 2018

Study: Boston ranks as fifth most expensive, but here"s why it"s worth it

Boston ranks as the fifth-most expensive city among 40 global cities, according to a comparison of the cost of doing business for the banking and financial services industry. But banks and financial services firms are prioritizing technologies such as.....»»

Category: topSource: bizjournalsJun 18th, 2018

Indian trader group objects to Walmart-Flipkart deal

MUMBAI (Reuters) - An Indian trader body has raised objections to Walmart Inc's $16 billion acquisition of e-commerce firm Flipkart, though lawyers and sources said the complaint to the country's antitrust regulator is unlikely to threaten the deal......»»

Category: topSource: reutersMay 28th, 2018

Indian traders" group files objection to Walmart-Flipkart deal

MUMBAI (Reuters) - The Confederation of All India Traders (CAIT) has filed an objection to Walmart Inc's $16 billion merger with e-commerce company Flipkart with the country's competition watchdog, it said on Monday......»»

Category: topSource: reutersMay 28th, 2018