business news in context, analysis with attitude

• Interesting story in the Economic Times, which reports that Walmart Labs in India “has poached Gunaranjan Pemmaraju of to head its upcoming technology center in the country.”

Walmart is setting up a 200-person tech team in India, to complement its 80-person team in the US.
KC's View:
It’d be a pretty fair guess that Walmart has its checkbook open for the acquisition of tech experts who can take its internet business to the next level ... especially if those people have been instrumental in Amazon’s success.