Retail giant Walmart has reportedly paid $1.4 billion to acquire VC form Tiger Global's remaining shares in the e-commerce major.According to a report in Wall Street Journal, Walmart has paid the money to boost Flipkart's stake."Purchase of .
Myntra trims workforce amid restructuring yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
There are also chances that some of the impacted employees will be given a job at one of the Flipkart companies, in which case the number of people being affected will be lower. Myntra, Flipkart Wholesale, Flipkart Health+ and Cleartrip are all brands under the Flipkart umbrella.
Myntra to remove around 50 jobs in a restructuring move - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
About two-thirds of shopping for groceries and daily essentials are done by men in the country, contradicting the notion that women typically buy household products from neighbourhood stores, according to a study by Kirana Club, which has one million kirana stores in its network.