Walmart India, Flipkart top executives meet CCI

May 23 2018

Top executives of Walmart India and Flipkart met fair trade regulator CCI to explain their activities in the country.

SoftBank says selling its entire Flipkart stake to Walmart

May 23 2018

SoftBank Group Corp (9984.T) said it is selling its roughly 20 percent stake in Indian e-commerce firm Flipkart [IPO-FLPK.N] to Walmart Inc (WMT.N).

iVOOMi's 'Full View' display smartphone in India for Rs 7,499

May 22 2018

Chinese electronics company iVOOMi on Tuesday launched "i2" with 3D mirror finish for Rs 7,499 in India.

CAIT to move CCI on Walmart-Flipkart deal

May 21 2018

CAIT said it will move fair trade regulator CCI to file objections on the proposed Walmart-Flipkart deal, claiming that the agreement would lead to an uneven playing field and massive job losses.

Finmin ties up with 40 entities to extend funding under Mudra scheme

May 21 2018

The finance ministry has tied up with 40 entities for extending loans to small entrepreneurs under the Mudra scheme.

Flipkart deal may negatively impact EPS by $0.25-0.30: Walmart

May 18 2018

Walmart today said its USD 16 billion investment in Flipkart may negatively impact EPS by USD 0.25-0.30 in fiscal year 2019.

India Weekahead: Time to invest in mid-cap and small-cap stocks

May 14 2018

It’s time to invest in mid-cap and small-cap segments because some of the stocks are quoting at levels as if the Nifty is below 9,500.

Walmart may launch IPO for Flipkart in as early as four years

May 12 2018

Walmart Inc said in a filing with a US regulator that it may take India’s Flipkart public in as early as four years

Japan's SoftBank undecided on exiting Flipkart

May 11 2018

SoftBank Group Corp has not yet decided to sell its 20-22% stake in Flipkart to Walmart Inc, sources with knowledge of the development said.

NITI welcomes $16 bn Walmart-Flipkart deal

May 10 2018

The USD 16 billion (Rs 1.05 lakh crore) Walmart-Flipkart deal will have a positive impact on India's foreign investment inflows, NITI Aayog Vice Chairman Rajiv Kumar said.

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