Page 5 - Walmart Flipkart Deal

Mystery surrounds Walmart-Flipkart deal as Softbank's Son in wait mode

Why was the deal announced in a hurry if SoftBank was yet to take a call on selling its stake, especially if it wanted 10 more days for a decision, asked another analyst

Flipkart deal: CBDT seeks tax details from US retail giant Walmart

The letter lists three sections of the Income Tax Act under which the deal is liable to be taxed

SoftBank dilly-dallies on Flipkart stake sale after Walmart acquisition

The tax SoftBank has to pay on profits it would earn from such share sale

Walmart-Flipkart $16 bn deal: All your important questions answered here

How big is the deal, who will benefit, who is opposed it, and what comes next? Business Standard answers key questions on the Walmart-Flipkart deal

Walmart gobbling up Flipkart means the dream of an Indian Alibaba is dead

Nowhere has the promise of India's booming middle class proven to be more hollow then when it comes to how e-commerce sales have panned out

$16-billion deal: Walmart effect on Flipkart from second quarter of 2019

Currently, Walmart India operates 21 cash and carry or wholesale stores across 19 cities

Walmart-Flipkart deal a betrayal by Modi government, says CPI (M)

The party said that the $16-billion acquisition of e-retailer Flipkart by Walmart facilitates the "backdoor entry" of foreign capital to take over India's huge multi-crore retail trade sector

After Walmart deal, start-up ecosystem to cash in on Flipkart millionaires

The Bengaluru-based company, as part of the $16 billion investment by Walmart, has earmarked around $500 million towards buying back employee stock options

Won't run Flipkart from US, says Walmart CEO Doug McMillon

The retail giant is relying on Flipkart's strong base of 35,000 engineers, backend technology, including artificial intelligence, data and consumer profile to fight Amazon on the home turf

Walmart-Flipkart deal: When Sachin Bansal had to return his referral bonus

Sachin's decision to exit Flipkart after its takeover by Walmart was a very emotional moment, said Binny

Walmart-Flipkart deal: Retail sector continues to attract investors

Flipkart had seen the highest investment in terms of number of investments and value infused in the last four years, followed by Snapdeal, Paytm and Big Basket

Letter to BS: Why Walmart-Flipkart deal is admission of defeat in India

The potential of biogas in India is 29-48 billion m3/year, while the actual utilisation is 2 billion m3/year

Newsmaker: Walmart President Doug McMillon, the out of the box thinker

The informal chief of the world's largest retailer, which just bought Flipkart, has been making an energetic transition to e-commerce in the past few years

Walmart-Flipkart deal to have a positive impact on foreign investment: Niti

Walmart Inc acquisition of 77 per cent stake in Flipkart will give US retailer access to the Indian online market that is estimated to grow to USD 200 billion within a decade

Walmart to comply with tax rule on Flipkart deal: CEO Doug McMillon

CEO McMillon says the retailer plans to run its cash-and-carry business and online retail separately for some time

What's next for Walmart after buying Flipkart and selling its UK stake

Walmart has agreed to cede control of its British business to a competitor and spend $16 billion to acquire Flipkart

Walmart-Flipkart deal to hit Indian retail, needs govt scrutiny, says CAIT

After assessing the deal, we will either represent to government or to the Competition Commission, or we will go to court, says CAIT Secretary General

Flipkart deal wrapped, Walmart now eyeing deals in Brazil and Japan

The wheeling and dealing show how McMillon is focusing on high-potential markets like China and India, finding partners to help it battle online and cutting loose middling businesses.

Flipkart-Walmart deal: The common idea that binds the Bansals together

With Walmart acquiring a majority stake in Flipkart, in one of the biggest e-commerce transactions the world has seen, its founders did something right

Flipkart-Walmart deal: Union of e-commerce giants unlikely to deter Bezos

As early as July 2015, Jeff Bezos, CEO of Amazon, had said that he would even sink $40 billion into winning in India