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Morning Brief: Top Financial Stories Dominating on Tuesday, June 14

Tencent Buys $264M Stake In Walmart's Indian Unit

Tencent Buys $264M Stake In Walmart's Indian Unit

Chinese tech conglomerate Tencent Holdings Ltd. (OTC: TCEHY) has bought a $264 million stake in Walmart Inc (NYSE: WMT)-owned Indian e-commerce firm Flipkart, Press Trust of India

Spices Board to enable market access to farmers through Flipkart

Spices Board to enable market access to farmers through Flipkart

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Walmart Confirms IPO Plans For Indian E-Commerce Arm

Walmart Inc (NYSE: WMT), confirming the initial public offering plans for its Indian arm Flipkart, said the company has managed to live up to its expectations ever since it took over the business four years ago.

Government's Plan To Tackle Amazon, Walmart Dominance In India Begins To Take Shape

In a bid to break Amazon Inc (NASDAQ: AMZN) and Walmart Inc's (NYSE: WMT) duopoly in the country's e-commerce sector, India is lining up banks and other key players to set up its own "buyer platforms.&quo

Kudumbashree’s CLCs tie up with Flipkart

Fillip to online marketing of products made by Kudumbashree microenterprises

In India's Mobile-Payments Boom, Even Beggars Get QR Codes

A beggar in the eastern Indian state of Bihar strolled through a train station one recent weekday, toting a metal pail for cash and a tablet computer with a QR code stuck on the back.

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Flipkart offers to support FPOs

Flipkart offers to support FPOs

Metropolis Healthcare in talks with Amazon, Flipkart & Apollo Hospitals to sell stake

Metropolis Healthcare in talks with Amazon, Flipkart & Apollo Hospitals to sell stake

NEW DELHI: Metropolis Healthcare, a medical diagnostics chain with operations in India, Africa and the Middle East has held initial discussions with several companies including Flipkart, Amazon and Chennai-headquartered Apollo Hospitals to sell a significant minority stake.

The Times of India

Diagnostic Chain With Indian Presence Looks To Raise Over $300M, In Talks With Walmart, Amazon

Diagnostic Chain With Indian Presence Looks To Raise Over $300M, In Talks With Walmart, Amazon

Metropolis Healthcare Ltd diagnostics chain operating in India and Africa, is looking to raise over $300 million and grab a strategic partner by selling a minority stake, Bloomberg reports. Walmart Inc (NYSE:WMT)-owned retailer Flipkart and healthcare chain Apollo Hospitals Enterprise Ltd were among potential strategic investors of Metropolis Healthcare Ltd. Amazon.com Inc (NASDAQ:AMZN) has…

SERP-Flipkart tie-up mooted in Jangaon district

SERP-Flipkart tie-up mooted in Jangaon district

Flipkart to promote Narayanpet handlooms, handicrafts

Flipkart to promote Narayanpet handlooms, handicrafts

Partnership with Aarunya to enable local artisans, handicraft makers market their hallmark products pan-India

Walmart-Owned Indian E-tailer Flipkart Looking Into Metaverse, Web3 Foray

Walmart-Owned Indian E-tailer Flipkart Looking Into Metaverse, Web3 Foray

American retail giant Walmart Inc.'s (NYSE: WMT) Indian e-commerce arm Flipkart has launched an in-house innovation unit called 'Flipkart Labs' to explore ways to expand into the Metaverse and Web3.

Business: India opts for e-commerce for growth in post-pandemic era

Business: India opts for e-commerce for growth in post-pandemic era

The E-commerce industry is changing the way business is done in India. Further details on Dynamite News:

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Morning Brief: Top Stories Dominating Financial Media on Thursday, April 7

Reuters Here’s Why HP Shares Are Trading Higher Premarket

India's Tata Group Goes Head On With Amazon, To Roll Out New Super App For All Shopping Needs

The Indian conglomerate Tata Group will roll out an all-in-one e-commerce app allowing users to buy everything from apparel to airline tickets, Bloomberg reported. Mumbai-based Tata Digital Pvt’s digital services platform, Tata Neu, will go live to consumers on April 7. The report noted Tata Neu is expected to give more power to…

Walmart's Indian E-Commerce Arm Flipkart Boosts IPO Valuation: Reuters

Walmart Inc (NYSE:WMT) owned Indian e-commerce company Flipkart has boosted its IPO valuation to $60 billion - $70 billion from the previous $50 billion, Reuters reported. Also, Flipkart has postponed its plans for the U.S. listing to 2023 instead of 2022. The report noted that the Indian company has decided to wait…

The Times of India

Flipkart issues apology over its Women's Day message promoting kitchen appliances

NEW DELHI: Flipkart has been facing huge backlash over its International Women's Day promotional message.

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Cleartrip Picks Yatra As Supplier Of Choice For Domestic Hotels

Yatra Online Inc (NASDAQ:YTRA) is partnering with Cleartrip, owned by the Flipkart Group, part of Walmart Inc (NYSE:WMT). Under the agreement, Cleartrip customers will have access to Yatra.com's Indian inventory of 94,000 hotels and homestays. The partnership is expected to expand and increase opportunities for the hotel partners while enabling both domestic and international travelers…

Serving creativity: The Chaiwala who has written over twenty five books

In front of Hindi Bhawan at ITO, one of the busiest localities of Delhi, you will always find a crowd of people gathered around a small shack on the footpath to have a cup of the famous tea made by Laxman Rao, the most popular tea seller of the area.But…

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