Walmart

Walmart-backed PhonePe targets up to $10.5-bn valuation in IPO: Report

Walmart will trim its stake in PhonePe by ‌about 12% in the firm's initial public offering, while Tiger Global and Microsoft plan to exit their stakes, according to the firm's IPO filing

Walmart-owned Flipkart kickstarts early discussions with i-banks for India IPO

US retail giant Walmart , which became the first traditional retailer to hit a $1 trillion market valuation in early February, holds a substantial majority stake in Flipkart and the firm’s cap table also includes marquee names like Softbank, Google and Canadian Pension Plan Investment Board ( CPPIB)

Amazon dethrones Walmart as world’s biggest company by sales

Amazon and Walmart compete head-to-head for shoppers’ dollars.

Walmart outlines big AI ambitions as it reports mixed results

Fresh off achieving a $1 trillion market value earlier this month, Walmart reported solid fourth-quarter results, but projected lower earnings per share in this year's first quarter

UP govt ties up with Walmart to boost MSME exports, e-commerce integration

Under the collaboration, MSMEs across the state will receive structured capacity building support, including training in digital enablement, e commerce preparedness, packaging, quality standards, certifications and market access.

SC's Tiger Global tax verdict on investments via Mauritius rattles global investors

On Thursday, the top court ruled against Tiger Global in a landmark case, saying its $1.6 billion stake sale in Flipkart to Walmart in 2018 should be taxed

Not all disputes can be termed as tax terrorism: Tax dept clarifies after SC's Tiger Global verdict

The top court on January 15 said that capital gains arising out of the US-based investment firm’s exit from Flipkart are taxable under domestic laws

Centre to start recovery of taxes from Tiger Global after SC verdict

The revenue department will initiate action to recover taxes, a finance ministry official said Friday

Supreme Court rules against Tiger Global in 2018 Walmart deal tax case

Tiger Global had been locked in a legal tussle with Indian tax authorities over the 2018 stake sale, a deal that was part of U.S. retail giant Walmart's $16 billion acquisition of Flipkart.

SC to rule on Tiger Global's 2018 deal with Walmart in landmark tax case today

The ruling will have implications for how India applies tax principles in cross-border deals.

Google teams up with Walmart, other retailers to enable shopping within Gemini AI chatbot

The role of artificial intelligence in e-commerce and its impact on consumer behavior are expected to dominate the three-day event

Walmart CEO set to retire soon makes Rs 1.4 lakh every 30 minutes amid pay gap debate

As Doug McMillon steps down at the end of this month, his compensation highlighted the vast gaps between top executives and ordinary workers in the US.

Walmart to join Nasdaq 100 on January 20 as AstraZeneca exits

Walmart’s addition follows its move last year to shift its stock listing from the New York Stock Exchange to Nasdaq, the largest exchange transfer on record.

Waltons stay world’s richest family: Who they are and how they built a $513 billion fortune

Walmart, founded in 1962 in Rogers, Arkansas, has grown into the world’s largest retailer by revenue, clocking $681 billion in annual sales.

Walmart-owned Flipkart appoints former Meta executive Dan Neary to company board

Dan Neary has been appointed at a time when Flipkart is preparing to IPO some time next year.

Walmart-owned Myntra to expand to Malaysia, UAE and Australia months after Singapore foray

Myntra’s chief Nandita Sinha had earlier told reporters the company sees over 30,000 customers visit its platform from Singapore each month

Walmart jumps to Nasdaq in biggest exchange transfer on record

Nasdaq said last year that some 40 members of the S&P 500 have migrated, with 24 of those companies now in the Nasdaq-100 index.

Walmart CEO McMillon to retire in January, US operations chief Furner will take over

McMillon's retirement is effective Jan 31, 2026. Furner will start as CEO the next day.

General Atlantic pumps $600 mn into PhonePe ahead of IPO

The latest round, aimed at helping employees meet ESOP-related tax obligations, doubles General Atlantic’s stake to 9% as PhonePe gears up for a $1.35 billion public listing.

Walmart owned PhonePe files for mega IPO of around Rs 12,000 crore via confidential route

The proposed IPO is a pure OFS or offer for sale with participation from Walmart and investors Tiger Global and Microsoft

Walmart-backed Flipkart invests $30 million in fintech arm Supermoney

Launched less than a year ago, Supermoney has quickly become India’s fifth-largest UPI app, handling about 257 million transactions a month, according to data from the National Payments Corporation of India.

PhonePe to file for IPO via confidential route by September-end

IPO likely to be sized at Rs 10,000–13,000 crore ($1.2–1.5 billion) and will be a mix of fresh issue and offer for sale. Walmart, Tiger Global and General Atlantic likely to be among the key investors who might seek part-monetisation via the IPO

Walmart HR head says she 'never believed in the term work-life balance'

For Walmart’s chief people officer Donna Morris, the key is flexibility. She believes that rigid boundaries between work and personal life are not always realistic, especially in leadership roles.

Indian GCCs power Agentic AI, core infrastructure for global operations: Walmart CTO

Walmart employs millions worldwide, and while acknowledging that roles will evolve, Suresh Kumar, Chief Technology Offier and Chief Development Officer, highlighted that the company expects headcount to remain stable.

Walmart to appoint Flipkart senior vice president Bharath Reddy to its Global Tech Team

Reddy is an alumnus of IIT Bombay and IIM Calcutta. Flipkart is in the process of appointing a new leader for its IT & InfoSec functions, CEO Krishnamurthy told employees in an internal email.