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April 23, 2026
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Flipkart, owned by Walmart, is planning to expand into India’s fast-growing ticketing sector by offering movie and event bookings, according to sources. The move comes as demand for live entertainment surges across the country, driven by rising disposable incomes, large-scale concerts, and popular sporting events. The company is expected to launch the service as early […]Continue Reading
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Walmart-owned Flipkart has moved its holding company from Singapore to India, the company announced on Monday, as it prepares for a potential stock market listing in the country. The shift follows approval from the Indian government for its internal restructuring and marks the completion of the company’s redomiciliation to India. The move reflects a broader […]Continue Reading
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Indian apparel manufacturer Gokaldas Exports expects its operating margins to recover in fiscal 2027 following lower U.S. tariffs under the recent India–U.S. trade agreement. Managing Director Sivaramakrishnan Ganapathi said the company anticipates quarterly core profit margins to rise to early double digits, compared with 9.7% reported in the third quarter of fiscal 2026. Continue Reading
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Walmart, a leading global retailer, is strategically positioning India as a crucial export center to leverage its economic potential. With $30 billion in cumulative exports over the past two decades and a target of $10 billion annually by 2027, Walmart aims to expedite this growth. Jason Fremstad, Walmart’s Senior Vice-President of Supplier Development & Continue Reading
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Deciding to focus on the cash-and-carry segment in India, retail giant Wal-Mart plans to open 50 wholesale stores in the next four to five years to expand its footprint in the country, reports PTI. About six months after breaking up with the Bharti group, the Bentonville-based firm said today it is also strengthening compliance procedures […]Continue Reading
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