Flipkart turns to India for manufacturing its private labeled brands

Walmart-owned Flipkart has reportedly shifted a significant portion of manufacturing and sourcing for its in-house brands to India. The homegrown e-commerce major has been sourcing products for its brands... Read more »

Walmart infuses Rs 763 crore in Flipkart-owned PhonePe to counter Amazon, Google

Bengaluru-based digital wallet PhonePe had made waves in October 2017 when its parent Flipkart had announced a $500 million funding commitment to scale up its operations. Incidentally, PhonePe is... Read more »

7 Indian firms in Fortune 500 list, IOC tops, RIL up 53 ranks

Seven Indian companies feature in the US magazine Fortune 500 list of the world’s largest firms, with state-run Indian Oil Corp (IOC) remaining the top-ranked Indian company in the... Read more »