Walmart likely to announce Flipkart deal before end of week
Walmart and Google parent Alphabet Inc will buy up to 75 percent of Flipkart, the two sources familiar with the matter said, declining to be named as the talks are private.
May 08, 2018, 10:02 AM ISTSellers on Flipkart jittery ahead of deal with Walmart: AIOVA
These sellers are demanding clarity on the way forward on the grounds that they too need to prepare their business plans accordingly, in light of the deal that is likely to value Flipkart at about USD 20 billion.
May 04, 2018, 17:36 PM ISTFlipkart co-founder Sachin Bansal likely to quit company board: Report
US-based retail behemoth Walmart, is eyeing a majority or controlling equity stake in it to foray into the multi-billion dollar Indian retail space.
May 04, 2018, 10:56 AM IST