Current rules stipulate that e-commerce players can't source more than 25% of products sold from a single seller
The confederation has "filed its objection petition in CCI against the Walmart-Flipkart deal
The e-commerce giant to break out of smartphone shell
In their meeting with CCI member Sudhir Mittal, the officials of the two companies briefly explained about their individual businesses, development programmes and other activities
Tiger Global and Walmart have had at least five rounds of discussions with Alphabet to convince it to make an investment to the tune of $1-2 billion
Amazon India head Amit Agarwal even gave interviews when the Walmart-Flipkart talks were at their peak, saying the deal would be good for e-commerce and called the Bansals 'missionary entrepreneurs'
By betting big on an India and Flipkart whose losses are in excess of $1 billion annually, Walmart is setting itself up for huge writeddowns
Some of the country's top wealth managers offer advice on how Bansal should invest the $1 billion that he could get for his 5.5% stake in Flipkart to earn the next billion, or billions
Despite being a large multinational corporation, Walmart has struggled to grow beyond its somewhat insular roots in its Bentonville, Arkansas HQ
The weak margins overshadowed strong first-quarter results and progress in Walmart's efforts to keep pace with rivals like Amazon.com Inc
On the deal with Flipkart in India, Walmart President and CEO Doug McMillon said e-commerce in India is growing rapidly and it expects the segment to grow at four times the rate of overall retail
Will the protagonists in the $16-billion deal answer these 10 questions please?
Will the protagonists in the $16-billion deal answer these 10 questions please?
According to an official, the tax department will seek the share purchase agreement from Flipkart to assess the tax liability and to find out if GAAR can be invoked
Experts share insights into the tax implications for the online retail major and its employees
Avoid making big decisions too quickly, said Shiv Gupta, CEO, Sanctum Wealth Management
To ascertain the exact tax liability, the revenue department will write to Flipkart seeking the share purchase agreement
Experts also say that the country's top business groups prefer to retain the ownership of their new ventures
The IPO should be done at no less a valuation than that at which Walmart invested in the Indian e-commerce firm, says Walmart filling