India

SoftBank To Sell Stake In Flipkart To Walmart

SoftBank Group Corp said on Wednesday it is selling its roughly 20 percent stake in Indian e-commerce firm Flipkart to Walmart Inc , the first public dives...

Walmart May Launch IPO For Flipkart In As Early As Four Years

Walmart Inc said on Saturday in a filing with a U.S. regulator that it may take India's Flipkart public in as early as four years, detailing for the first...

Walmart To Buy Controlling Stake In India's Flipkart For $16bn

Walmart, Inc. will pay $16 billion for a roughly 77% stake in Indian e-commerce firm Flipkart – the US retailer's largest-ever deal – in an att...

Walmart Likely To Announce Flipkart Deal Before End Of Week

Walmart is likely to announce its much-anticipated deal to buy a controlling stake in Indian e-commerce player Flipkart before the end of this week, two so...

India's Flipkart Yet To Finalise Stake Sale Deal With Walmart: Sources

Indian e-commerce firm Flipkart's board is yet to finalise a deal to sell a stake to Walmart Inc., two sources with direct knowledge of the matter said on...

India's Flipkart Approves $15bn Stake Sale To Walmart-led Group: Bloomberg

Indian e-commerce firm Flipkart's board has approved a deal to sell an equity stake of about 75% in the company to a group led by Walmart Inc for about $15...

India Approves Subsidy For Cane Farmers To Help Sugar Mills: Source

On Wednesday, India's cabinet approved a proposal to help sugar mills by paying the cane farmers that supply them a subsidy for their produce, a government...

Walmart Completes Due Diligence For Buying Into India's Flipkart

Walmart completed a thorough due diligence process on e-commerce firm Flipkart this week, two sources said, as the US retail giant looks to take a con...