Connect with us

Business

Walmart to open 50 new stores soon in India

Published

on

Walmart, India, Retail store, Business news

Hyderabad: American multinational Retailing Corporation and global retail giant Walmart will set up 50 new stores across India over the next three to four years, a top company official said today.

The new stores would include 10 in Telangana, for which the US retailer signed a Memorandum of Understanding (MoU) with the state government.

 

 

It will invest $10 to $12 million in each store, which would create direct and indirect employment for 2,000 people.

Walmart currently has 21 stores in India, including one in Hyderabad.

Walmart executives and Telangana government officials signed the MoU in the presence of state Industries Minister K.T. Rama Rao, President and CEO, Walmart Canada and Asia, Dirk Van den Berghe and President and CEO Walmart India, Krish Iyer.

 

 

Talking to reporters on the sidelines, Rajneesh Kumar, Senior Vice President and Head Corporate Affairs, Walmart India, said their focus in South India would be on Telangana and Andhra Pradesh.

The company has already signed a MoU with Andhra Pradesh.

In north India, Walmart is focusing on Uttar Pradesh, Haryana and Punjab. It already has MoUs with Haryana and Punjab.

 

 

Maharashtra is another state that Walmart will be focusing on for its expansion plans.

Krish Iyer said four of the 10 new stores planned in Telangana would come up in Hyderabad.

Walmart is looking at tier-II cities like Warangal, Karimnagar and Nizamabad to open the new stores.

 

Business

Apple is giving a huge discount on its gadgets: Details inside

Published

on

If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

Continue Reading

Trending