Recent Highlights
All Stories for Doug Mcmillon
Walmart appoints IIT Madras graduate and former Google executive Suresh Kumar as chief technology officer
• 6 years agoUS-based retail chain Walmart on Tuesday said it has appointed Suresh Kumar, an IIT Madras graduate and former Google executive, as chief technology officer and chief development officer
Walmart CEO Doug McMillon says committed to Indian market; expresses satisfaction in Flipkart’s progress
• 6 years agoAccording to sources, McMillon expressed satisfaction at the progress made by Flipkart and said Walmart is aggressive on the Indian market given the size of the opportunity.
Walmart tilts at windmills: Blames strict enforcement of marketplace model for its travails
Muralidharan • 6 years agoIn hindsight, Walmart's acquisition of Flipkart for $16 billion, for a company whose balance sheet is bleeding, is way above any sensible valuation
Flipkart acquisition: Walmart founder's grandson Steuart Walton, two others to join e-retailer's board
Fp Staff • 7 years agoJudith McKenna, the president at Walmart International, and Dirk Van den Berghe, regional CEO of Walmart Canada and Asia, will also join Flipkart's Board.
'Walmart Go Back': RSS' economic wing protests against US retail giant; wants Flipkart deal to be scrapped
• 7 years agoA day after Walmart struck a deal with Flipkart, a right-wing Hindu group that fears small traders will suffer staged a protest in New Delhi
Walmart buys 77% stake in Flipkart for $16 bn: Here is the full text of the official statement
Fp Staff • 7 years agoIn India, Walmart-Flipkart combine will have to battle America's Amazon and China's Alibaba
Narendra Modi in Washington: Three-day tour to include meet with top American CEOs, Indian diaspora
• 8 years agoModi will meet top American CEOs to discuss issues ranging from visas, investment and job creation
Narendra Modi arrives in Washington; Donald Trump to meet PM for the first time
• 8 years agoModi on Sunday arrived on the second leg of his 3-nation tour for his first bilateral meeting with Trump, as the two leaders are set to hold discussions on a set of issues
Wal-Mart to buy Jet.com for $3 billion to lift online sales, battle Amazon
• 9 years agoIn June, Wal-Mart said it sold its Chinese online grocery store in return for a stake in JD.com Inc, China's 2 e-commerce firm.
Wal-Mart CEO steps down; Doug McMillon is successor
Fp Archives • 11 years agoDoug McMillon, head of Wal-Mart's international division, will succeed CEO and President Mike Duke, 63, when he steps down on Feb 1 after five years in those roles.