Flipkart
Retail
‘Flipkart founders may be liable for 20 pc capital gains tax after stake sale to Walmart’
Flipkart founders Sachin and Binny Bansal may have to pay 20 percent capital gains tax if they sell their shares in the company as part of the proposed deal with US retail giant Walmart, say tax experts.According to a...
Retail
Amazon invests Rs 2,600 crore more in India to take on Walmart
IANS -
World's largest e-commerce player Amazon has invested an additional Rs 2,600 crore in its India operations ahead of the US retail giant Walmart taking over the country's e-tail major Flipkart."The Amazon board has accorded consent to allot 260 crore...
Retail
Walmart moves closer to clinching a deal with Flipkart
The world's largest retailer Walmart Inc is close to clinching a deal to buy a majority stake in Flipkart for roughly US $15 billion, according to sources close to PTI.According to a PTI report: The deal, which will see...
Retail
CAIT demands scrutiny of proposed Flipkart-Walmart deal
Traders' body CAIT has demanded scrutiny of the proposed US $12-billion Flipkart-Walmart deal, claiming that it will promote loss funding and predatory pricing in e-commerce sector.It is really unfortunate that in spite of having a clear FDI policy, foreign...
Retail
Walmart’s whopping US $12 bn acquisition of Flipkart to be announced soon
US retail giant Walmart’s US $12 billion acquisition of India’s biggest e-commerce firm Flipkart is in the final stages and a deal is likely to be announced in the next few days, according to sources close to PTI.According to...
Retail
Flipkart turns into private firm for buyout by Walmart
IANS -
India's e-tailer major Flipkart has turned into a private company from a holding firm, ostensibly for a strategic buyout soon by the world's largest retail giant Walmart Inc, according to documents it filed for regulatory approvals."Documents filed by Flipkart...
Research
Indian e-commerce market sees M&A deals worth US $2.1 bn in 2017
As much as US $2.1 billion worth of M&A (merger and acquisition) transactions were inked in 2017 in the booming Indian e-commerce industry, which may soon witness its largest-ever deal - the proposed Flipkart-Walmart nuptial.According to a PTI report:...
Retail
Sellers on Flipkart jittery ahead of deal with Walmart: AIOVA
The under-works US $12-billion Flipkart-Walmart deal has left merchants selling products through the e-commerce platform jittery as they claim to be clueless about the ongoing negotiations and its possible impact on their business.According to a PTI report: These sellers...
Retail
Walmart inches closer to sealing deal with Flipkart
Global retail giant Walmart is inching close to sealing the deal to buy a majority stake in Flipkart for as much as US $12 billion, even though rival Amazon is still jostling to turn the deal in its favour.According...
Retail
Flipkart buys back US $350 mn worth shares
IANS -
Indian e-tailer major Flipkart completed another round of buyback of its shares valued at US $350 million (Rs 2,275 crore) from its investors, according to its regulatory filing on Thursday.The Chennai-based business intelligence platform Paper.vc, which sourced the filing...
- Advertisement -
Latest News
Reliance Retail Q1 profit rises 4.6 % to Rs 2,549 crore
The retail behemoth also recorded 18.87% increase in number of footfalls at its stores at 296 million in the...
- Advertisement -