Page 2 - Walmart Flipkart Deal

Flipkart acquisition likely to impact net income this fiscal, FY20: Walmart

Beginning in the third quarter of fiscal 2018, Walmart will consolidate the financial statements of Flipkart using a one-month lag

Tencent has first right to buy Flipkart share sale in future: Walmart

Tencent a minority shareholder in Flipkart, hold around five per cent share of the company

Have complied with all obligations, paid govt tax: Walmart on Flipkart deal

However, the company did not disclose the tax amount deposited with the I-T authorities

Traders call Bharat Bandh on September 28 against Walmart-Flipkart deal

CAIT will approach govt to annul the Walmart-Flipkart deal as it violates press note 3 of 2016, which clearly says that FDI will be allowed in e-commerce

Traders to launch 90-day protest from Sep 15 against Walmart-Flipkart deal

The association has also called for a 'Bharat Trade Bandh' on September 28

I-T Department to wait till Sept 7 for Walmart to pay tax on Flipkart deal

US-based retail giant Walmart Inc had completed the acquisition of 77 per cent stake in Flipkart for about $16 billion deal in mid-August

Income Tax dept asks Walmart to pay Flipkart deal tax by September 7

Estimates peg the tax value at $2 billion; govt to assess liability based on multiple seller details

CAIT files plea in NCLAT against CCI's approval to Walmart-Flipkart deal

The traders' body says it had filed detailed objection against this deal before the CCI on several grounds

Traders protest Walmart-Flipkart deal, call for Bharat Bandh on Sep 28

Walmart Inc on Saturday said it has completed deal with Flipkart and now holds 77 per cent stake in the Indian e-commerce major

Walmart completes acquisition of majority stake in Flipkart for $16 bn

Flipkart's current management, led by Kalyan Krishnamurthy, will continue to lead the e-commerce firm

Walmart completes deal to acquire 77% stake in Flipkart, to invest $2 bn

Flipkart's financials will be reported as part of Walmart's International business segment

Flipkart's discounting practice already prevalent, not under our ambit: CCI

The Walmart-Flipkart deal has triggered opposition from several quarters including traders lobby groups and the Swadeshi Jagaran Manch and several of them had submitted their complaints to the CCI

Flipkart deal: Taxman expects Walmart's withholding tax filing in 15 days

Development follows CCI nod to Flipkart-walmart deal; US retail giant will have to withhold a part of its payment for 77% stake purchase, and deposit the amount so withheld as capital gains tax

Walmart-Flipkart deal will create jobs, support 'Make in India': USISPF

USISPF is a new organisation set up to enhance business relations between India and the US

Big payday ahead for investors as CCI approves Walmart-Flipkart deal

The Competition watchdog has investigated the deal for three months which included studying the concerns of organisations such as CAIT and Swadeshi Jagran Manch, among others

Walmart-Flipkart deal worth $16 bn gets CCI nod, traders' body protests

The approval comes less than three months after the announcement of the deal

Govt not evaluated direct impact of Walmart-Flipkart deal on small traders

In its biggest takeover till date, Walmart Inc recently announced their acquisition of 77% stake in Bengaluru-based e-commerce major Flipkart in a deal valued at $20.8 billion

Traders body CAIT to launch naitionwide stir against Flipkart-Walmart deal

CAIT demanded that the government scrap the deal and immediately formulate a policy on e-commerce as well as constitute a regulatory authority to monitor the sector

Walmart to boost Flipkart's e-play; plans 50 B2B stores across the country

The company, which has 21 stores in India, is likely to close the year with around 25 stores

Walmart expects timely clearance from CCI for Rs 16 bn Flipkart deal

In May this year, Walmart had announced a mega deal to pick up 77 per cent stake in Flipkart to strengthen presence India and take on Amazon