Continuing its protest against Flipkart-Walmart deal, the CAIT wrote to Prabhu expressing concerns that Walmart might adopt predatory pricing and deep discounting, which will kill the trade.
Target Corp shares pared losses to trade down 5% as investors weighed a lower-than-expected quarterly profit against the retailer’s unchanged full-year outlook.
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 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 expects its 'Perfect Homes' to account for almost half its revenues in the furniture category by next March as it expands the product range.
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’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 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 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, 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.
Bags EPC packages of Purvanchal Expressway in Uttar pradesh of Rs 1738 Cr
Approved buyback of 29 Lk shares amounting Rs 200.2 Cr
Tamil Nadu Pollution Control Board ordered disconnection of electricity
Disconnection is applicable for copper smelter unit-I at Thoothukudi district
Order requires closure of unit with immediate effect
Thoothukudi copper smelter unit has not been operating since Mar 27
Launched Silver Options, Total Traded Contract Value at Rs 34.36 Cr
Option Positions are physically settled & are European Style Options
Enters into merger talks with NSE For Universal Exchange Framework: Business Standard Reports
R Damani sells 0.8% Stake at Rs 1360.2/Sh
Deal Value at Rs 643 Cr