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.
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.