Friday, August 14
Walmart announced a series of executive changes on Friday as John Furner prepares to take over as CEO of the world's largest retailer on February 1, replacing Doug McMillon.The moves aim to maintain the Bentonville, Arkansas-based retailer's growth momentum and bellwether position in the industry by promoting four longtime executives and expanding their responsibilities.David Guggina will become CEO of Walmart's largest division, Walmart U.S., replacing Furner in that role. Currently serving as chief e-commerce officer of Walmart U.S., Guggina has spent nearly eight years at the retailer in various positions, including executive vice president of supply chain operations. The U.S. CEO position is highly coveted, as Walmart typically promotes leaders from this division, which generates aroun
Mumbai: After a sweeping victory for the BJP-Sena's Mahayuti in the Brihanmumbai Municipal Corporation (BMC) elections in Maharashtra, Mumbai is witnessing power-play and hotel politics as Shiv Sena has moved all its newly elected corporaters in a hotel in Bandra, sources said.According to sources, the Shinde Sena is likely to demand the Mayor post in India's richest municipal corporation as it celebrates the centenary year of its founder, Bal Thackeray, as a befitting tribute to him on his 100th birthday on January 23.The undivided Shiv Sena had controlled the BMC for the longest time before the party split into two factions in 2022.The BMC elections saw the BJP-Shiv Sena alliance emerge as the single largest bloc, beating the Thackeray brothers. According to official figures, the BJP eme
Cricketer Virat Kohli and actor Anushka Sharma have acquired a large land parcel in beach town Alibag, with the two adjoining plots together measuring over 5.19 acres. The couple has acquired the plots in Zirad village in Raigad district, for a total consideration of Rs 37.86 crore.This is the second land parcel acquired by them in the coastal town. In 2022, Kohli and Sharma had acquired an around 8-acre land parcel here to build their farmhouse.The latest transaction was registered on Tuesday, and involved stamp duty payments of about Rs 2.27 crore, showed documents accessed through CRE Matrix, a realty data analytics platform.One of the plots acquired by the couple measures around 3.6 acres, while the second spans 1.55 acres. The purchase adds to the growing list of large-ticket resident
