The world's biggest retailer, Walmart, is keen to bring in strategic investors for the Indian e-commerce company but is also open to selling to large pure-play investment firms.
The funding round saw the participation of sovereign wealth and pension funds and included Walmart, SoftBank Tencent Holdings & Blackstone Group-backed Antara Capital among others.
India's e-commerce market is going through significant changes, particularly through the impending merging of online and offline retail with Big Tech investments.
Walmart Inc., the world’s largest retailer, could be forced to publicly list its newly acquired Indian e-commerce company, Flipkart Group, within four years at the request of a small minority of Flipkart shareholders, a public filing shows.
Considering the fact that Walmart has failed to build up its own Indian business in 11 years, the deal represents a second-best outcome at most.
Walmart...
In May 1974, RSS chief Madhukar Dattatraya Deoras spoke at a lecture series in Pune about caste-based discrimination and social equality within the Hindu fold.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
While the IAF remains committed to the Tejas programme and has placed orders for 180 Tejas Mk1A, the force is eagerly waiting for the Tejas Mk 2 version.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
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