Retail
Walmart-Flipkart deal: RBI, ED to look into alleged FDI rule violation
02 Jun 2018
The commerce ministry has asked the Reserve Bank of India and the Enforcement Directorate to look into the alleged violation of FDI rules in the $16-billion Walmart-Flipkart deal
Walmart will kill India’s domestic retail trade, warns CAIT
26 May 2018
Comparing Walmart to The East India Company, the Confederation of All India Traders says Walmart will penetrate retail trade through e-commerce, and indulge in predatory pricing and deep discounting, creating an uneven playing field for others
Amazon eyes Future Retail stake as Walmart pockets Flipkart
23 May 2018
Amazon, which lost out to Walmart in acquiring Flipkart, is reported to be in talks to acquire a 10-per cent stake in Future Retail Limited, the company which owns Big Bazaar and Easy Day
SoftBank still undecided on sale of Flipkart stake to Walmart
11 May 2018
Despite earlier statements treating the Flipkart-Walmart deal as final, SoftBank’s Masayoshi Son is now reported to be having second thoughts on selling his company's stake in the ecommerce firm
For $16 bn Walmart bags Flipkart
10 May 2018
The acquisition of the majority stake makes the $500-billion Walmart the largest shareholder of the Flipkart group and help it emerge the undisputed leader in ecommerce