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CCI Puts Stamp Of Approval On Flipkart- Walmart Deal

CCI Puts Stamp Of Approval On Flipkart- Walmart Deal

Traders' Confederation Cait Criticise Nod, To Move Court

New Delhi : The competition commission of india (cci) on wednesday cleared the proposed acquisition of homegrowne-tailer flipkart by global retailer walmart. The bentonville - headquartered company had announced in may that it would acquire 77% stake in flipkart for $16 billion. "Flipkart is a prominent player in india with a strong, entrepreneurial leadership team that is a good cultural fit with walmart. 
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