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Walmart-backed PhonePe's losses shrink ahead of anticipated listing

Finance

22 September, 2025

Walmart-backed PhonePe's losses shrink ahead of anticipated listing

Walmart-backed fintech firm PhonePe's losses narrowed in the year ended March 2025 to Rs 17.2 billion ($194.78 million), the company ......

Trump's H-1B visa crackdown upends Indian IT industry's playbook

TMT

22 September, 2025

Trump's H-1B visa crackdown upends Indian IT industry's playbook

India's $283 billion information technology sector will have to overhaul its decades-old strategy of rotating skilled talent into U.S. projects ......

ED investigates Walmart's Myntra for breaching foreign investment rules

Consumer

23 July, 2025

ED investigates Walmart's Myntra for breaching foreign investment rules

Walmart's Indian fashion arm Myntra is being investigated for allegedly breaching rules that ban foreign-funded wholesale retailers from selling directly ......

Amazon to invest $233 mn in India to expand operations infrastructure, improve tech

Consumer

19 June, 2025

Amazon to invest $233 mn in India to expand operations infrastructure, improve tech

Amazon will invest more than Rs 20 billion ($233 million) in India in 2025 to expand and update its operations ......

Walmart-backed PhonePe makes partial exit from MapMyIndia

TMT

12 June, 2025

Walmart-backed PhonePe makes partial exit from MapMyIndia

Walmart-owned fintech firm PhonePe sold a part of its stake in digital mapping firm MapmyIndia’s parent CE Info Systems Ltd on Thursday, ......

Flipkart secures RBI licence to start NBFC for direct lending

Finance

05 June, 2025

Flipkart secures RBI licence to start NBFC for direct lending

Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer loans ......

Walmart-backed Flipkart to shift base back to India from Singapore

TMT

22 April, 2025

Walmart-backed Flipkart to shift base back to India from Singapore

Flipkart will shift its holding company from Singapore to India, the e-commerce company said on Tuesday, as its parent Walmart ......

Walmart boosts tech presence in India with Chennai office deal

Infrastructure

16 April, 2025

Walmart boosts tech presence in India with Chennai office deal

Walmart has signed a deal for a second office space in the southern Indian city of Chennai, which is fast ......

Walmart-backed PhonePe prepares for stock market debut

TMT

20 February, 2025

Walmart-backed PhonePe prepares for stock market debut

Walmart-backed Indian fintech firm PhonePe is beginning preparatory steps for a public listing on the country's stock exchanges, the company said ......

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Top MNCs in India: Americans dominate but Russian at top, Chinese out of the picture

General

24 January, 2025

Top MNCs in India: Americans dominate but Russian at top, Chinese out of the picture

India has been one of the most sought-after destinations for multinational companies ever since the economy opened nearly three-and-a-half decades ......

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