The world’s largest retailer Walmart has said that both gross profit and operating income in its international business fell, primarily due to Flipkart where it acquired 77% stake last year for $16 billion.
Rupee hits near 12-week high on easing crude pricesOil prices fell after US crude inventories swelled to their highest since December, stoking concerns about a global glut but OPEC talk of an output re… Read MoreGovernment plans interim budget next yearGovernment sources said in the past, only interim budgets were presented in Parliament ahead of polls, along with a demand for grants, which helps the… Read MoreNissan ousts Carlos Ghosn after shock arrest
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via IFTT… Read MoreAsset sales better for resolving bankruptcy: Liberty chief
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via IFTT… Read MoreEasing oil helps rupee gain 220 paise in 7 daysAccording to Care chief economist Madan Sabnavis, the rupee’s weakening trend reversed after the US granted India a six-month waiver on Iran sanctions… Read More
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