Walmart
What is a Deccahorn?
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) ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs
Reliance Industries at 96th rank in Fortune Global 500 list
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 ..
Month: Current Affairs - August, 2020
Flipkart’s Samarth supports 6 lakh artisans in India
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 ..
Month: Current Affairs - August, 2020
Flipkart Enters into Hyperlocal Service Space with Flipkart Quick
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
Walmart appoints Sameer Aggarwal as CEO of Best Price Modern Wholesale stores in India
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, ..
Flipkart shuts down Jabong
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 ..
Mihir Dalal authors book “Big Billion Startup: The Untold Flipkart Story”
The book titled “Big Billion Startup: The Untold Flipkart Story” has been authored by Mihir Dalal. It will recount the story of how the IIT graduates Sachin and Binny Bansal built Flipkart and how internet entrepreneurship was made a desirable ..
Amazon its opens largest centre in India
The global e-commerce giant, Amazon, has opened its largest center in the world in Hyderabad. This campus will house over 15,000 members out of the 62,000 members of the Amazon India group. Why is this significant? The latest development by ..