Jack Ma wants Alibaba to surpass Walmart in 10 years

Last Updated: Friday, January 23, 2015, 20:47

Looking to provide a platform to millions of small businesses globally, Alibaba's founder Jack Ma wants his e-commerce company to surpass brick-and-mortar retail giant Walmart in sales in next 10 years.

Difficult to do business in India, government needs to change it: Walmart

Last Updated: Friday, January 16, 2015, 23:08

The world's largest retailer also said its arm, Walmart India will focus on wholesale cash and carry business in the country currently and is not looking at multi-brand segment, where foreign investors are not allowed beyond 51 percent.

Walmart to open new store in India after 2-year gap

Last Updated: Monday, December 22, 2014, 16:00

After a gap of two years, US retail major Walmart will open a new cash and carry store in Agra as it returns focus on India.

Walmart to extend reach of its online wholesale platform

Last Updated: Monday, December 1, 2014, 13:49

Walmart India on Monday extended the reach of its online wholesale platform to its members in Rajahmundry in Andhra Pradesh.

Walmart to incur higher charges on India joint venture split

Last Updated: Sunday, February 2, 2014, 14:28

Various charges, including that related to India joint venture, would also be impacting its quarterly as well as full-year earnings, according to the retailer.

Apple, Walmart join Obama`s pledge on long-term jobless

Last Updated: Friday, January 31, 2014, 05:29

"We know that one of the biggest problems right now in the jobs market is the long-term unemployed," Obama told CNN.

Walmart seeks more clarity on FDI rules for multi-brand entry

Last Updated: Friday, January 24, 2014, 14:37

Eyeing India as a long-term growth market, US-based retail giant Walmart says it is currently focussing on expanding its wholesale retail business in the country and would wait for further clarity on rules for entering the multi-brand retail business.

Global retailer Wal-Mart sets up new company in India

Last Updated: Sunday, January 19, 2014, 17:25

Global retail giant Wal-Mart has registered a new company in India as it prepares to enter the country's lucrative multi-brand retail market with a new partner.

US labour board files complaint on Walmart violations

Last Updated: Thursday, January 16, 2014, 06:14

The US National Labor Relations Board has issued a formal complaint against giant retailer Walmart, saying it violated labour rules by threatening and punishing workers who joined pro-union protests.

US labour board files complaint on Walmart violations

Last Updated: Thursday, January 16, 2014, 04:17

The US National Labor Relations Board has issued a formal complaint against giant retailer Walmart, saying it violated labour rules by threatening and punishing workers who joined pro-union protests.

McDonald's, Walmart among most hated cos in America

Last Updated: Monday, January 13, 2014, 18:20

McDonald's and Walmart are part of the worst companies list as employees and some customers have protested the low wages at these companies - low enough to put workers below the poverty line.

Walmart wants mandatory local sourcing level reduced to 15%

Last Updated: Sunday, January 12, 2014, 13:33

"The company had said that it cannot meet the mandatory 30 percent sourcing norm and can procure only about 20 percent from small units. But it has asked to reduce it to 15 percent," sources said.