The global retail giant Walmart is geared up to boost its exports from India, aspiring to reach an annual revenue of USD 10 billion by 2027, according to the news agency PTI. It’s been reported that the organisation is seeking to source toys, shoes, and bicycles from Indian suppliers. Also, Walmart intends to establish new […]
Walmart is laying off more than 2,000 workers at five US warehouses that fulfill website orders, weeks after America’s largest private employer warned it’s in for a tough year ahead, CNN Business reported on Tuesday. The retail giant is cutting more than 1,000 jobs in Texas, 600 jobs in Pennsylvania, 400 in Florida and 200 […]
Citykart, a retailers focusing on family fashion retail in Tier-II, Tier-III and Tier IV towns North and East India, has appointed Ritesh Rathi as its President and COO. Ritesh joined Citykart in February 2023 and will oversee the Strategy, Retail Operations, HR, Marketing, Supply Chain Technology and overall Growth of the business. With more than […]
Walmart Inc. and other PhonPe shareholders will have to pay nearly USD 1 billion in taxes after the digital payments company relocated its headquarters to India, according to the media report. The bill is the result of the relocation and increase in value of PhonePe which Walmart acquired a majority stake in after acquiring parent […]
Connected lifestyle tech brand Noise has announced the appointment of Smeer Chopra as its Chief Financial Officer. In his new role, Chopra will lead the company’s strategic initiatives around financial advisory, optimising costs, establishing and strengthening process efficiency and driving fiscal and financial governance, the company said in a statement. Amit Khatri, Co-founder of Noise, […]
