The regulator said, "@CCI_India approves proposed acquisition of Flipkart Private Limited by Wal-Mart International
Holdings, Inc." Mergers and acquisitions beyond a certain threshold require the approval of the Competition Commission of India (CCI).
Holley served in various roles in Wal-Mart International
from 1994 through 2002.
Ramnik Narsey, then a senior vice-president at Wal-Mart International
, was appointed interim CEO.
will drive growth, will drive aggressive growth," Doug McMillon, Wal-Mart's CEO of International Operations, said at a meeting for analysts that was held in Bentonville in October.
In a statement, Doug McMillon, president and chief executive of Wal-Mart International
, made clear his company is pursuing a regional strategy.
president and chie f executive Doug McMillon warned trading conditions were likely to remain tough.
president and chief executive Doug McMillon yesterday warned trading conditions were likely to remain tough.
The Wal-Mart International
Division was formed in 1993, with Bobby Martin as its president.
in April 2003 and became vice chairman and head of Wal-Mart International
in September 2005.
Beyond steering the international business with a sure hand as vice chairman of Wal-Mart International
, Duke brings to the chief executive officer spot wide-ranging retail experience, analysts said.
Prior to joining, Vukich held positions at Dell and Wal-Mart International
. Joe McKie, Winn-Dixie's vice president of corporate brands, is responsible for overseeing all aspects of the company's corporate brands initiatives, including the redesign and relaunch of Winn-Dixie's private-label products.
will be offset by increases at Wal-Mart International
. The retailer projects worldwide spending of $14 to $15 billion in each of the next two years, with a focus on emerging markets.