News

Flipkart's Freedom Sale is set to begin next month, offering significant discounts on smartphones, ACs, TVs, and ...
Foreign companies operating in India's booming e-commerce sector face many regulatory and legal challenges from authorities ...
Walmart has spent $3.5 billion this year to acquire shares from certain Flipkart stakeholders and resolve liabilities with some PhonePe ... Walmart’s ownership in Flipkart now stands at about 80%.
India's financial crime watchdog filed a complaint against Walmart-backed Myntra, alleging the company violated foreign investment rules by channeling over $191 million through a related-party scheme.
Walmart stock ($WMT) was looking shabbier today after a financial crime investigation into its fashion business Myntra ...
India's financial crime agency said on Wednesday an investigation had found that Walmart's fashion business Myntra Designs breached laws prohibiting foreign wholesalers from selling to consumers.
Walmart bought majority stake in Flipkart for USD 16 billion last week. CIOIndia spoke to industry veterans and analysts to understand what works and what does not work in the deal.
Walmart's (WMT.N) Flipkart should not be treated the same as rival Amazon (AMZN.O) in an Indian antitrust probe as the evidence against the two firms was "qualitatively different", ...
Walmart Inc. recently paid $1.4 billion to buy out the shares of Flipkart held by another large investor, increasing its control over the Indian e-commerce company.
Walmart’s deal for Flipkart, one of the largest and riskiest in its history, follows a pattern of purchases over the past 18 months as it expands its footprint beyond box stores.