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After Walmart deal, Flipkart plans expansion into other categories
It took a $16-billion stake sale, a change in the top management, and an entry of the largest retail giant in the world for Flipkart to alter its game plan. Read more
Higher crude prices threaten govt's dividend income from oil PSUs
Rising crude oil prices are not only bad for India's currency and current account deficit, but could also negatively impact the government’s income from central public sector enterprises by drying up the dividend bonanza from oil companies. Read more
Govt may relax clause that dissuaded foreign firms
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