Following the stake sale, shares of CE Info Systems plunged 9.39% to settle at Rs 1,768.75 apiece on the BSE. The shares were ...

PhonePe, a subsidiary of Walmart-controlled Flipkart, sold a 5% stake in CE Info Systems, MapmyIndia's parent company, for Rs ...

Walmart Inc. WMT is reshaping its growth strategy by doubling down on high-margin revenue streams — namely, advertising, ...

According to the RBI's approval letter, Flipkart submitted its application for the licence in 2022. The RBI has not yet ...

Analysts at Bank?of?America reiterated their “Buy” rating on Walmart?Inc. (NYSE:?WMT), raising no doubts about the retail ...

More than a year ago, when we unpacked Flipkart’s fintech ambitions, we never expected this new vertical to become the focal ...

Bank of America has reaffirmed its bullish outlook on Walmart Inc. (NYSE:WMT), maintaining a Buy rating with a $120 price ...

Flipkart just scored a major financial industry first. The Reserve Bank of India (RBI) granted the e-commerce leader a Non-Banking Financial Company (NBFC) license. Now, Flipkart has become India's ...

Walmart’s WMT success continues to be powered by its strong omnichannel strategy, which blends physical stores with digital ...

Flipkart has obtained a non-banking finance company (NBFC) licence from the Reserve Bank of India, allowing it to issue loans ...

Walmart-owned Flipkart has secured regulatory approval from the Reserve Bank of India to operate as a non-bank finance company (NBFC), allowing it to offer loans directly to customers and sellers.

Evercore ISI analysts raised the price target on Walmart Inc. (NYSE:WMT) from $105 to $107 and kept an “Outperform” rating.