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Walmart deal will be cancerous to retail trade, says CAIT

Walmart deal will be cancerous to retail trade, says CAIT

The Walmart-Flipkart deal will be cancerous for the Indian retail industry, the Confederation of All India Traders (CAIT) has...
CAIT threatens nationwide agitation over Walmart-Flipkart deal

CAIT threatens nationwide agitation over Walmart-Flipkart deal

Retail trader body Confederation of All India Traders (CAIT) has threatened nationwide agitation if the government clears US $16...
Competition Commission of India may suggest structural changes in Walmart-Flipkart deal

Competition Commission of India may suggest structural changes in Walmart-Flipkart deal

Fair trade regulator CCI might recommend structural changes to the proposed US $16 billion Walmart-Flipkart deal to address possible...
Flipkart's ecosystem true advantage to Walmart: Official

Flipkart’s ecosystem true advantage to Walmart: Official

Walmart believes Flipkart's 'ecosystem' of businesses, including Myntra-Jabong and PhonePe which are part of its mega US $16 billion...
Commerce ministry forwards complaint of FDI policy violation by e-comm companies to ED, RBI: CAIT

Commerce ministry forwards complaint of FDI policy violation by e-comm companies...

Traders' body CAIT on Thursday said the commerce and industry ministry has forwarded its complaint with regard to violation...
Advent International to acquire majority stake in Walmart Brazil

Advent International to acquire majority stake in Walmart Brazil

Walmart and Advent International, one of the largest and most experienced global private equity investors, announced that Advent has...
Walmart expects to close Flipkart deal by the end of 2018

Walmart expects to close Flipkart deal by the end of 2018

Walmart, the US retail giant which signed an agreement in May this year to acquire 77 percent stake in...
Walmart-Flipkart deal to endanger jobs, small businesses: Trader unions

Walmart-Flipkart deal to endanger jobs, small businesses: Trader Unions

Over 100 trader organisations on Monday opposed the US $16 billion Walmart-Flipkart deal stating it would cause "irreversible damage"...
Flipkart deal: Tax department will act once Walmart obtains regulatory nod

Flipkart deal: Tax department will act once Walmart obtains regulatory nod

Flipkart has shared 'some details' with the I-T authorities on its US $16 billion deal with US-based Walmart, but...
CAIT files complaint with ED against Flipkart, alleges FDI norms violation

CAIT files complaint with ED against Flipkart, alleges FDI norms violation

Traders' body CAIT has said it has filed a complaint against Flipkart with the Enforcement Directorate for alleged violation...