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WALMART FLIPKART MERGER
PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
Flipkart Commerce general counsel quits; Walmart India's VP legal gets interim chargeWalmart India, vice president for Legal, Ethics and Compliance, Ashok Upadhya has been given the additional role of interim general counsel...
Flipkart Commerce general counsel quits; Walmart India's VP legal gets interim chargeWalmart India, vice president for Legal, Ethics and Compliance, Ashok Upadhya has been given the additional role of interim general counsel...
Myntra to stay independent: Walmart’s Judith McKenna to staffThe Myntra-Jabong combine has witnessed restructuring of its top deck since November 2018, leading to the departure of its CEO Ananth Naray...
With Binny Bansal gone, senior Flipkart executives start looking outBengaluru-based The Head Hunters India confirmed at least half a dozen early conversations with Flipkart executives in the past two days.
Walmart may repeat 'predatory behaviour' in India as well: CAIT to NCLATCAIT said that Walmart "may cause an appreciable adverse effect on competition" in the domestic market post combination as its "predatory t...
Four senior executives from Walmart join FlipkartWalmart's M&A head Emily McNeal will join the Flipkart Group as senior vice president and group chief financial officer, according to an em...
NCLAT wants to know India business models from Wal-Mart International and FlipkartNCLAT has asked Wal-Mart International Holdings Inc to file its reply before it by September 20, 2018.
Traders' body wants court to investigate Flipkart's business modelThe trade body, which represents 70 million small businesses, had filed a complaint against the ‘malpractices’ of Flipkart with the ED a fe...
CAIT files a writ petition against FlipkartThe Confederation of All India Traders (CAIT) has filed a writ petition in the Delhi high court to investigate the business model of online...
USISPF says Walmart-Flipkart deal will support 'Make in India'The deal will strengthen the agriculture supply chain and create new skilled jobs, the USISPF said in a tweet.
Competition Commission of India may suggest structural changes in Walmart-Flipkart dealThe Competition Commission of India (CCI) might also take cues from a ruling in South Africa with respect to Walmart- Massmart deal, which ...
CAIT files petition in CCI against Walmart-Flipkart dealThe Confederation of All India Traders (CAIT) said the deal would deny market access to non-preferred sellers and impact small traders on o...
Walmart can invest another $3 billion in Flipkart at the same valuationWalmart's additional $3 billion investment will up its shareholding by 10-12 per cent.
24 hrs after Flipkart deal, Softbank is having some serious second thoughts on stakeOn Wednesday, during presentation of results in Japan, Son had inadvertently disclosed the deal before Walmart and Flipkart could announce ...
Flipkart deal could give listed offline retail firms a lift, tooWalmart has acquired a 77 per cent stake in Flipkart for $ 16 billion.
Walmart acquires Flipkart for $16 billion in world’s largest ecommerce dealThe announcement culminates discussions between Walmart and Flipkart that began in September 2016 with Walmart’s plans to pick a minority s...
Walmart-Flipkart deal unlikely to face FDI hurdlesThe $16-billion deal will see only $2 billion in fresh inflow into the Indian company. India allows 100% FDI in e-commerce marketplace subj...
Indian e-commerce market sees M&A deals worth $2.1 bn in 2017In the January-April 2018 period, six transactions worth USD 226 million were seen, according to the data.
Flipkart can bring in muscle to save money, live betterThere's a lot that Flipkart could do with around $4 billion in cash. Having a giant like Walmart in its corner will go a long way toward fe...