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Flipkart, PhonePe Could Be $100 Billion Businesses in India, Claims Walmart CFO
Walmart's Flipkart marketplace and PhonePe payments business in India could be $100 billion (Rs. 8,19,750 crore) businesses buoyed by strong growth, the retailer's chief financial officer said on Wednesday at an investor conference. Walmart does not break out sales of Flipkart and PhonePe but over the past few months, executives have singled out th...
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Facing Unfair Competition From Big Tech, Indian Firms Said to Inform Parliamentary Panel
Domestic tech firms like Paytm, Ola, Make My Trip, Zomato, Swiggy, Flipkart and Oyo attended a meeting with a parliamentary panel on Thursday. Top executives from these firms deposed that they were facing unfair competition from big tech firms. Paytm founder Vijay Shekhar Sharma, Ola CFO Arun Kumar, Make My Trip Chairman and Chief Mentor Deep Kalra...
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Amazon Says Biggest Impact of Coronavirus on Its Business Globally Has Been in India
Amazon has seen the biggest impact of the COVID-19 spread on its business internationally in India, Chief Financial Officer (CFO) Brian Olsavsky has said during its first quarter earnings call.
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Flipkart Group Myntra-Jabong Fashion Unit CEO Ananth Narayanan Says to Continue in Role
The chief of Flipkart Group's Myntra-Jabong fashion business on Friday denied a media report that he will quit after a reshuffle in the ranks following the ouster of group CEO Binny Bansal.
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iPhone Sales Booming in India, Reliance Jio Starts Hurting Airtel, and More: Your 360 Daily
Read your 360 Daily for top tech news, such as booming iPhone sales in India, Jio's effect on Airtel profits, Flipkart losing its CFO, and more.
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Flipkart CFO Sanjay Baweja Resigns
A Flipkart spokesman said December 31 would be Baweja's last day at the company and the search for a replacement had begun.
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Flipkart Appoints S Venkataraman as CFO for Commerce Platform
Sriram, as the finance lead for the commerce platform (CP), will head all aspects of the finance function for commerce platform.
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Flipkart in No Rush to Go Public
CFO Baweja said Flipkart wasn't ready yet for the stock market and that an IPO was not part of its current three-to-five year business plan.
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Flipkart Recasts Top Management, CFO Krishamurthy Quits
In significant top management level changes at Flipkart, interim CFO Kalyan Krishnamurthy is leaving the firm and Fashion Head Mukesh Bansal will now be the marketing chief of the home grown e-commerce major.
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Flipkart, PhonePe Could Be $100 Billion Businesses in India, Claims Walmart CFO
Walmart's Flipkart marketplace and PhonePe payments business in India could be $100 billion (Rs. 8,19,750 crore) businesses buoyed by strong growth, the retailer's chief financial officer said on Wednesday at an investor conference. Walmart does not break out sales of Flipkart and PhonePe but over the past few months, executives have singled out th...
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Facing Unfair Competition From Big Tech, Indian Firms Said to Inform Parliamentary Panel
Domestic tech firms like Paytm, Ola, Make My Trip, Zomato, Swiggy, Flipkart and Oyo attended a meeting with a parliamentary panel on Thursday. Top executives from these firms deposed that they were facing unfair competition from big tech firms. Paytm founder Vijay Shekhar Sharma, Ola CFO Arun Kumar, Make My Trip Chairman and Chief Mentor Deep Kalra...
-
Amazon Says Biggest Impact of Coronavirus on Its Business Globally Has Been in India
Amazon has seen the biggest impact of the COVID-19 spread on its business internationally in India, Chief Financial Officer (CFO) Brian Olsavsky has said during its first quarter earnings call.
-
Flipkart Group Myntra-Jabong Fashion Unit CEO Ananth Narayanan Says to Continue in Role
The chief of Flipkart Group's Myntra-Jabong fashion business on Friday denied a media report that he will quit after a reshuffle in the ranks following the ouster of group CEO Binny Bansal.
-
iPhone Sales Booming in India, Reliance Jio Starts Hurting Airtel, and More: Your 360 Daily
Read your 360 Daily for top tech news, such as booming iPhone sales in India, Jio's effect on Airtel profits, Flipkart losing its CFO, and more.
-
Flipkart CFO Sanjay Baweja Resigns
A Flipkart spokesman said December 31 would be Baweja's last day at the company and the search for a replacement had begun.
-
Flipkart Appoints S Venkataraman as CFO for Commerce Platform
Sriram, as the finance lead for the commerce platform (CP), will head all aspects of the finance function for commerce platform.
-
Flipkart in No Rush to Go Public
CFO Baweja said Flipkart wasn't ready yet for the stock market and that an IPO was not part of its current three-to-five year business plan.
-
Flipkart Recasts Top Management, CFO Krishamurthy Quits
In significant top management level changes at Flipkart, interim CFO Kalyan Krishnamurthy is leaving the firm and Fashion Head Mukesh Bansal will now be the marketing chief of the home grown e-commerce major.
