Walmart says its business model and activities in India were different of Flipkart's.
02 Oct 2018 7:40 PM
It will get access to advanced data science-based intelligent solutions through the acquisition.
25 Sep 2018 7:36 PM
Co-founder and current group CEO Binny Bansal is not actively involved in daily operations.
24 Sep 2018 11:31 AM
The new store simultaneously got integrated with the B2B e-commerce platform.
22 Sep 2018 5:31 PM
The letter comes days after US President Donald Trump slapped tariffs on $200 billion worth of Chinese goods.
21 Sep 2018 9:22 AM
Walmart is legally not required to withhold tax on payments made to foreign shareholders with a stake of less than 5 per cent.
16 Sep 2018 1:07 PM
The US retail giant had last month said it completed the acquisition of 77 per cent stake in Flipkart Group.
09 Sep 2018 1:58 PM
The company did not disclose the tax amount deposited with the I-T authorities.
07 Sep 2018 7:34 PM
It has also asked trader's body CAIT to file its understanding over the Walmart's business model in India.
07 Sep 2018 4:03 PM
The association has also called for a 'Bharat Trade Bandh' on September 28.
05 Sep 2018 4:28 PM
Walmart Inc had completed acquisition of 77 per cent stake in Flipkart for about USD 16 billion.
02 Sep 2018 5:40 PM
The traders' body will also hold a mega rally here on December 16 to protest "discriminatory treatment against traders.
21 Aug 2018 8:59 AM
Walmart said its investment includes $2 billion of new equity funding to help accelerate the growth of the Flipkart business.
19 Aug 2018 4:28 AM
In its detailed order clearing the deal, the CCI has said it is "not likely" to have an appreciable adverse effect on competition in India.
12 Aug 2018 1:26 PM
Walmart last month assured the I-T department that it will fulfil all tax obligations.
09 Aug 2018 1:08 PM
Walmart-Flipkart combination would create unfair competition and drive local convenience stores out of business.
09 Aug 2018 8:30 AM
In May, the US-based retailer Walmart Inc announced acquisition of 77 per cent stake in Flipkart in its biggest takeover till date.
06 Aug 2018 5:49 PM
SoftBank said it estimates that the sale of Flipkart shares will occur within 24 months of the inception of the investment.
06 Aug 2018 5:33 PM
Indian Oil Corp with 23 per cent rise in revenues at USD 65.9 billion was ranked 137th from 168th position.
01 Aug 2018 12:56 PM
National e-commerce policy aims to level playing field.
31 Jul 2018 12:47 AM