Walmart, Flipkart invest in Ninjacart

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Walmart, Flipkart invest in Ninjacart

NEW DELHI: US retail giant Walmart and Flipkart on Wednesday said they will jointly invest in Bengaluru-based business-to-business (B2B) supply chain company, Ninjacart. The three partners aim to help ensure better access to high-quality fresh produce …
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Yes Bank slips 12% as board delays decision on new investors

Shares of Yes Bank Ltd on Wednesday fell 12% to hit an eight-week low after two large brokerages to raise questions about the future of the lender after its board further delayed decision on new investors. The stock touched a low of ₹44 and fell as much as …
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Prosus to take Takeaway's place in Amsterdam's blue chip index

Meal delivery company Takeaway will be demoted to Amsterdam’s Midkap index during the end of year reshuffle, and its place will be taken by arch rival Prosus, the Financieele Dagblad said on Wednesday. The two companies are currently embroiled in a …
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Saudi Aramco Shares Climb 10% in Pre-Market Auction

Bids for Saudi Aramco's shares in the pre-market auction are at 35.2 riyals, according to data on Bloomberg. That's an increase of 10%, the daily limit.
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Opening Quote: Saga hires old hand for group turnround

Euan Sutherland, former boss of Superdry, is a glutton for punishment. Eight months after quitting the clothing retailer after losing a tussle for control with founder Julian Dunkerton, the Scot has taken up the top job at Saga. The …
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