Walmart Aims To Source $10 Billion Annually From India, Says Global CEO Doug McMillon
On June 24, 2025, Walmart CEO Doug McMillon reaffirmed the company’s commitment to India, setting a $10 billion annual sourcing target.
PhonePe Dives Into Stock Broking With Launch Of ‘Share.Market’ App
PhonePe has entered the stock broking sector with the introduction of its new app called "Share.Market."
Walmart Looking At Sourcing Toys, Shoes, Bicycles From India
"Together, we'll continue to support the country's manufacturing growth and create opportunity," McMillon was quoted as saying in a tweet by Walmart Inc.
Top Executives Quit Retail Giant Flipkart Amid Management Reshuffle
E-commerce behemoth Walmart-owned Flipkart is undergoing a mega reshuffle at its top management level.
PhonePe Raises Another $200 Million From Its Largest Shareholder Walmart
The investment will be used to launch and grow new enterprises in the areas of account aggregators, lending, wealth management, insurance, and stockbroking
