Page 3 - Walmart Flipkart Deal

Traders body CAIT to launch naitionwide stir against Flipkart-Walmart deal

CAIT demanded that the government scrap the deal and immediately formulate a policy on e-commerce as well as constitute a regulatory authority to monitor the sector

Walmart to boost Flipkart's e-play; plans 50 B2B stores across the country

The company, which has 21 stores in India, is likely to close the year with around 25 stores

Walmart expects timely clearance from CCI for Rs 16 bn Flipkart deal

In May this year, Walmart had announced a mega deal to pick up 77 per cent stake in Flipkart to strengthen presence India and take on Amazon

Walmart assures I-T dept to fulfill tax obligations in Flipkart deal

Walmart has replied to the letter saying they will fulfill all tax obligations: an official said.

Traders' body holds nationwide protest against Walmart-Flipkart deal

According to the Confederation of All India Traders (CAIT), protests were held at several commercial markets in Delhi, along with Mumbai, Ahmedabad, Bhopal, Chennai, Hyderabad and Lucknow

Traders likely to move Supreme Court over $16-billion Walmart-Flipkart deal

In the next phase of the protest, the traders plan to go to the Supreme Court against the deal

Walmart defends Flipkart deal, says in line with govt's FDI policy

CAIT has been demanding the govt to scrap the deal and constitute a regulatory authority to regulate and monitor the country's e-commerce market

Shopkeepers, traders to protest Walmart's Flipkart buy across India today

Walmart in May announced it was acquiring roughly 77% of Flipkart, a deal which now awaits the approval of the Competition Commission of India

1 mn traders to protest across India against Walmart-Flipkart deal: CAIT

The e-commerce market place has been vitiated to a great extent in past years by several leading e-commerce companies by indulging into all kinds of malpractices including predatory pricing, deep disc

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

Flipkart, investors await CCI approval for Walmart deal

After closure of the deal, Flipkart was supposed to invest in a slew of companies and had planned to keep aside a war chest of a billion dollars for the same

Walmart kicks off mega bond deal to help finance Flipkart acquisition

The mega bond issue follows a $15 billion offering from Bayer AG, which priced the second-largest bond sale of the year on Monday to help fund its acquisition of Monsanto Co.

Walmart-Flipkart deal will be cancerous for Indian retail industry: CAIT

The e-Commerce spectrum will also be vitiated to a great extent, it added.

Last mile hiccups

Many recent partnerships and business proposals are facing viability questions as well as suggestions for restructuring

Walmart, Flipkart are facing roadblocks after a month of signing deal

Walmart has faced severe shareholder concern over its decision to acquire a loss-making e-commerce company in India

Trade regulator CCI may suggest structural changes to Flipkart-Walmart deal

CCI might also take cues from a ruling in South Africa with respect to Walmart- Massmart deal, which was announced in 2010

Deals with Premjis, Amazon to help Biyani grow business, unlock value

Future Group is reportedly in talks with PremjiInvest for a $250 mn infusion in its flagship, and also seeks to sell 10% stake to Amazon

Walmart expects to close 77% Flipkart stake sale by the end of 2018

Speaking at an investors meet, Walmart Inc President, CEO and Director, Douglas McMillon, said they were learning about retail ecosystems and how they work around the world

The Walmart effect on economy

Quality is the only area where the competitors of Walmart are able to succeed

Flipkart deal: Tax dept will act once Walmart obtains regulatory nod

Last month, the tax department had written to Walmart saying that the US company can seek guidance about the tax liability under Section 195 (2) of the I-T Act