Infosys among IT Vendors Picked by Wal-Mart for Multi-Million Dollar Contracts
The world's largest retailer, Wal-Mart, according to Business Standard, has picked India based Infosys Technologies as one of the 3 IT vendors for contracts worth a total of $600 Million, which will...
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Merchandising Chief of Wal-Mart to Leave
Chief Merchandising Officer of Wal-Mart Stores Inc., John Fleming has submitted his resignation which makes it the third upper level change in the retailer’s executives in under a week’s time. Fleming...
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Trade Ministry to Discuss Allowing Entry of Wal-Mart, Carrefour into India
Stake holders had been asked to chip in their views and suggestions by India’s trade ministry on allowing retailers, dealing in multi brands like Wal-Mart Stores Inc. and Carrefour SA to open stores in...
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Wal-Mart’s Lumia 710 price-reduction triggers apprehensions about Nokia’s...
The recent announcement by retail giant Wal-Mart, that it will be offering the new Nokia Lumia 710 for free, with a two-year T-Mobile contract, has triggered apprehensions among tech writers and...
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Walmart India CEO reportedly shown the exit door
Walmart International senior vice-president Ramnik Narsey will function as the interim CEO of Walmart India as CEO Raj Jain has quit the company.While Walmart officials have claimed that Mr. Jain has...
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Walmart-Bharti JV break up puts question mark on thousands of employees’ future
The break up of Bharti and WalMart's joint venture (JV) in the cash-&-carry space has put a question mark on the future of as many as 4,000 employees.While the US retail giant has assured that it...
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Govt. refuses to reduce mandatory local sourcing norm to 15%
US-based retail giant Walmart might have suffered a jolt after the government turned down its request to reduce the mandatory local sourcing norm from 30 per cent to 15 per cent.Walmart had requested...
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Wal-Mart to set up 50 new cash & carry stores in next 4-5 years
Wal-Mart India, the wholly-owned Indian arm of U. S. retail giant, has announced its decision to set up 50 new cash & carry stores/wholesale outlets in the country over the next four to five...
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