Walmart will pay $16 billion for a roughly 77 percent stake in Indian e-commerce firm Flipkart. It is the largest-ever deal by the U.S. retailer's as it competes with Amazon in an important growth market.
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On Saturday, Dec 02, 2017 Infosys appointed Salil S. Parekh as the Chief Executive Officer & Managing Director (CEO & MD) of the Company effective January 2, 2018. This put an end to the extensive search for a CEO continuing since a couple of months. Here are five things you need to know about Salil S. Parekh’s appointment at Infosys:
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FCA (Fiat Chrysler Automobiles) Group has unveiled its much-anticipated SUV – the 2018 Jeep Wrangler at the LA Auto Show on November 29, 2017. To be available from January, highlights of 2018 Jeep Wrangler include better turning radius, stronger crawl ratio, new turbocharged four-cylinder engine option, added technology for infotainment and safety, and upcoming diesel and hybrid-electric powertrain options.
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An Indian business magnate, Mukesh Dhirubhai Ambani is the chairman, managing director and largest shareholder of Reliance Industries Limited. He resides at the Antilia Building, one of the most expensive private residences in the world. BW Businessworld has compiled some surprising facts about Mukesh Ambani, have a look:
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The line between Real and Virtual world is fading as the concept of Augmented Reality is gaining momentum across the country. Mobile applications and e-commerce websites are investing heavily on this key technology to increase their customer reach and satisfaction levels. BW BusinessWorld highlights 5 applications of 5 different sectors that have escalated the reach of Augmented Reality stepping ahead of gaming zone.
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Once a land cited as a cross cultural hub, India today is also seen as an economic haven. A large chunk of this paradigm shift is because of many Indian-origin chief executive officers (CEOs) heading the biggest global firms. The prominent five among them being:-
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Real Madrid made history by becoming the first team to successfully defend its Champions Title by beating Juventus 4-1 in the final since the event was reinvented in 1992. UEFA had announced several major changes ahead of the 2016-17 Champions League season including increase in the prize money. Out of the total revenue of $ 2.64 billion, UEFA Champions League is the highest paying league in the world with the total prize money of $ 1.48 billion. Let’s take a look at the top five earning teams in the Champions League.
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Kabaddi is gaining huge popularity in India and auction for the fifth season of Pro Kabaddi League 2017 on 22 May 2017 (Day 1) threw up something similar. The fifth season is scheduled to be played in July 2017. Earlier, Vivo had signed a five-year deal approximately worth Rs 300 crore, making the league second richest in India in terms of sponsorship money. Here are top buys from the first day’s auction:
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