Tag: Walmart-Flipkart deal

Flipkart's Jabong may lay off 50 percent employees

Flipkart’s Jabong may lay off 50 per cent employees

Nothing seems to have been going right for the Walmart acquired multi-billion Dollar e-commerce giant Flipkart. Soon after Binny Bansal stepped down from his post of the chief executive over allegations of “personal misconduct”, reports have emerged that Jabong may lay off up to 50 per cent of its employees. Arecibo[Read More…]

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

CCI nod for Walmart-Flipkart deal, traders’ body to move court

New Delhi: Fair trade watchdog Competition Commission of India (CCI) has approved the acquisition of e-commerce major Flipkart by Wal-Mart International Holdings. However, a traders’ body said that it will move the court against the approval. @CCI_India approves proposed acquisition of Flipkart Private Limited by Wal-Mart International Holdings, Inc, CCI[Read More…]

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