Walmart to sell China online unit to JD.com

Walmart Stores Inc said on Monday it plans to sell its Chinese e-commerce business Yihaodian to Chinese online retailer JD.com Inc for a 5% equity stake in JD.com, a strategic alliance that

Umang Bedi as new India MD appoints by Facebook

Facebook has appointed Umang Bedi as managing director India, where he will lead in building and maintaining strategic relationships with top clients and regional agencies in the country. He will take over

RJio, RCom spectrum sharing get government nod

Department of Telecom has approved the spectrum sharing deal between Ambani brothers-led telecom firms, Reliance Jio Infocomm Ltd and Reliance Communications. “We wish to inform that Department of Telecommunications (DoT) has taken