Retailers to move CCI against WalmartFlipkart

6 days ago
Retailers have joined hands to approach fair trade regulator CCI against USD 16 billion WalmartFlipkart deal as they apprehend that the it would lead to massive job loss and be a "nightmare for retail trade" of the country. Traders body CAIT in a ... ...

Startups see WalmartFlipkart deal as big booster

2 weeks ago
After going through funding winter in 2016 and a volatile investment environment in 2017, the WalmartFlipkart deal has brought warmth to the domestic startup universe. Arjun Zacharia, CEO at startup online store Wooplr, is seeing the $16million deal  ... ...

FlipkartWalmart deal: Tax dept grapples with Tiger Global's liability

2 weeks ago
Tiger Global is set to make over $3 billion from the $16billion WalmartFlipkart deal. Taxing the windfall the venture capital fund makes, however, is going to be tricky for India. With funds registered in Mauritius, Tiger Global has offices in ... ...

'Walmart can infuse $3 bn in Flipkart'

2 weeks ago
May also consider a public listing for Indian etailer in four years, world's largest retailer tells SEC. Walmart has an option to invest an extra $3 billion in ecommerce company Flipkart, according to a regulatory filing by the world's largest Walmart l ... ...

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