Walmart may face backlash in India; massive protests planned on July 2

Ever since the deal was announced of Walmart spending over $16 bn for a 77 per cent stake in Flipkart, the road to the takeover of India's biggest online marketplace has been quite bumpy

In a recap of what happened more than a decade ago to global retail giant Walmart Inc. in India, as many as 700,000 traders, workers, farmers and political outfits might take to the streets in a nationwide protest on July 2, against the Walmart-Flipkart deal.

Ever since and even before the deal was announced of Walmart spending over $16 billion for a 77 per cent stake in Flipkart, the road to the takeover of India’s biggest online marketplace has been quite bumpy. While back in Bentonville, Walmart's senior management immediately started feeling the heat of its decision to spend billions