Deccahorns are private firms whose value exceeded over ten billion USD. Recently Swiggy has become the fourth Indian company to earn the tag. The other three companies that hold the tag already are Paytm, a FinTech, Oyo (a hotel aggregator) ..
Category: Economy & Banking Current Affairs - 2024
Reliance Industries, headed by the Indian Billionaire Mukesh Ambani, has jumped 10 places to break into the world’s top 100 companies on the Fortune Global 500 list. Reliance is ranked 96th in the 2020 ranking released by Fortune. This is ..
Walmart-owned Flipkart has stated that it supports over six lakhs artisans, craftsmen and weavers in the country through its Samarth Program and it is also working on onboarding more such sellers to the said platform. Launched last year, Samarth platform ..
The poster-boy of the Indian startup ecosystem, Flipkart has decided to enter the hyperlocal space with delivery service within 90 minutes. The new entity, to be known as Flipkart Quick, will be different from the existing players in this arena ..
Month: Current Affairs - July, 2020
The Indian arm of then US-based retailer Walmart recently announced the appointment of Sameer Aggarwal as the Chief executive officer of its Best Price Modern Wholesale stores in India. Sameer Aggarwal is promoted as CEO and will replace Krish Iyer, ..
E-Commerce major Flipkart recently shut down its Jabong- lifestyle and fashion e-commerce portal. The users are being redirected to the website of its another fashion company, Myntra. Flipkart, which is now owned by Walmart, had acquired Jabong for $70 million ..