India

India's Flipkart Yet To Finalise Stake Sale Deal With Walmart: Sources

Indian e-commerce firm Flipkart's board is yet to finalise a deal to sell a stake to Walmart Inc., two sources with direct knowledge of the matter said on...

India's Flipkart Approves $15bn Stake Sale To Walmart-led Group: Bloomberg

Indian e-commerce firm Flipkart's board has approved a deal to sell an equity stake of about 75% in the company to a group led by Walmart Inc for about $15...

India Approves Subsidy For Cane Farmers To Help Sugar Mills: Source

On Wednesday, India's cabinet approved a proposal to help sugar mills by paying the cane farmers that supply them a subsidy for their produce, a government...

Walmart Completes Due Diligence For Buying Into India's Flipkart

Walmart completed a thorough due diligence process on e-commerce firm Flipkart this week, two sources said, as the US retail giant looks to take a con...

GlaxoSmithKline Announces 'Strategic Review' Of Horlicks Brand

GlaxoSmithKline is to undertake a 'strategic review' of its Horlicks brand, as well as its other consumer healthcare nutrition products, to support funding...

Sugar Bears Come Out To Play As Surplus Swells On Asia Crops

There’s about to be enough sugar piled up in warehouses to make three chocolate cakes for every person in the world, and that’s got the market...

Walmart Reportedly Set To Spend Billions For Flipkart Stake

Walmart Inc. is in discussions to pay several billion dollars for as much as 20 percent of India e-commerce leader Flipkart Online Services Pvt, according...