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Walmart-Flipkart deal News

12 Nov 2018

Walmart-Flipkart deal: NCLAT adjourns hearing over CCI's approval for December

Earlier on October 5 also, the matter was adjourned for November 12 for next hearing by the appellate tribunal.

27 Sep 2018

'Bharat Bandh' on Friday to protest against Walmart-Flipkart deal, e-pharmacie

About 7 crore small businesses all over the country will participate in the Bharat Bandh on Friday.

07 Sep 2018

Traders call nationwide strike on September 28 against Walmart-Flipkart deal

Retailers association CAIT has called for nationwide traders' strike on September 28 to protest against acquisition of Flipkart by US retail giant Walmart, the traders' body said Thursday.

09 Aug 2018

Walmart may approach I-T dept to determine tax liability in Flipkart deal

Following CCI's nod to the Walmart-Flipkart deal, the I-T department expects Walmart to approach it under Section 197 of the Income Tax Act within a fortnight.

Walmart-Flipkart deal

08 Aug 2018

Competition Commission clears $16 billion Walmart-Flipkart deal

In May, Walmart announced acquisition of 77 per cent stake of Flipkart in its biggest takeover till date.

02 Jul 2018

`Flipkart-Walmart combine to create India’s leading e-commerce platform`

It is the biggest M&A deal in India this year.

Walmart-Flipkart deal

05 Jun 2018

Walmart expects to close Flipkart deal by the end of 2018

According to a regulatory filing with Securities and Exchange Commission (SEC), Walmart said the ongoing operations of Flipkart are expected to impact the US company's income negatively.

Income Tax Dept

13 May 2018

I-T dept to seek share purchase pact from Flipkart to ascertain tax liability

In the Walmart-Flipkart deal, the revenue department will go through the share purchase agreement to ascertain the purpose of investment and the emanating gains.

24 Jun 2018

I-T department writes to Walmart, Flipkart on tax liability

Walmart runs 21 Best Price wholesale stores in India that sell everything from fast-moving consumer goods to furniture to other retailers and institutions.

Walmart-Flipkart deal

09 May 2018

5 big mergers and acquisition deals by Indian companies

The USD 12.7 billion Idea Cellular-Vodafone India deal was the largest transaction in 2017.

Walmart-Flipkart deal

03 May 2018

Amazon makes bid to spoil Walmart-Flipkart deal: Report

The news underscores how Amazon is focused on winning India`s fledgling e-commerce market, and the offer could be a ploy to block Walmart from bringing its expertise in logistics and supply chain management to Flipkart, people familiar with the matter said.

Walmart-Flipkart deal

31 Jan 2018

Walmart in talks to buy minority stake in Flipkart: Report

The US retailer can acquire a stake of 15% to 20% in e-commerce firm Flipkart.

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