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India's financial crime watchdog filed a complaint against Walmart-backed Myntra, alleging the company violated foreign ...
Foreign companies operating in India's booming e-commerce sector face many regulatory and legal challenges from authorities ...
India's financial crime agency said on Wednesday it was investigating Walmart's fashion business Myntra Designs for allegedly ...
Walmart declined to comment, while Flipkart did not respond to a request for comment. Related: India's Flipkart now has a $4 billion war chest to take on Amazon Amazon ( AMZN ) could yet spoil the ...
Walmart has spent $3.5 billion this year to acquire shares from certain Flipkart stakeholders and resolve liabilities with some PhonePe ... Walmart’s ownership in Flipkart now stands at about 80%.
Walmart bought majority stake in Flipkart for USD 16 billion last week. CIOIndia spoke to industry veterans and analysts to understand what works and what does not work in the deal.
Walmart Inc. recently paid $1.4 billion to buy out the shares of Flipkart held by another large investor, increasing its control over the Indian e-commerce company.
Walmart's (WMT.N) Flipkart should not be treated the same as rival Amazon (AMZN.O) in an Indian antitrust probe as the evidence against the two firms was "qualitatively different", ...
Walmart’s deal for Flipkart, one of the largest and riskiest in its history, follows a pattern of purchases over the past 18 months as it expands its footprint beyond box stores.
Walmart's Indian fashion arm Myntra is being investigated for allegedly breaching rules that ban foreign-funded wholesale ...
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