Tag: Morgan Stanley

Walmart may exit Flipkart due to new FDI rules: Morgan Stanley

Walmart may exit Flipkart due to new FDI rules: Morgan Stanley

New Delhi: Retail giant Walmart may exit Flipkart after India’s new Foreign Direct Investment (FDI) norms for e-commerce companies came into force, US investment banker Morgan Stanley has warned. “An exit is likely, not completely out of the question, with the Indian e-commerce market becoming more complicated,” the report by[Read More…]

India least exposed to Brexit: Morgan Stanley

Morgan Stanley says India will be one of the least affected countries in Asia after Britain’s decision to depart from the European Union. The immediate impact in the country will be seen through volatility in exchange rate and capital-market flows, the financial services company added. “Increased uncertainty in the external[Read More…]

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