Walmart Acquires Flipkart

Mukesh Ambani led Reliance Industries Ltd., the largest conglomerate of India has decided to step into the online retail sector and this has created a wave of tension in the Walmart owned Flipkart and Amazon. What we know of Reliance…

Flipkart has landed itself in troubled waters, as evident from Walmart’s decision to set up an internal investigation to examine the alleged reports of ‘regulatory and compliance lapses’ which happened during the time when Flipkart…

After months of speculations and uncertainties, today, Walmart has formally announced Flipkart's acquisition where they have paid $16 billion for a 77 percent stake in one of India's largest e-commerce companies.