Posted inAT Finance, China, India, Indonesia, Iran, Middle East, South Asia

Walmart-Flipkart deal could upset the entire Indian market

The Competition Commission of India (CCI) on Thursday gave its approval to Walmart International Holdings’ purchase of a 77% stake in Flipkart, the Indian e-commerce giant. Coming only 10 days after the government proposed a draft e-commerce policy, the CCI decision opens a Pandora’s box of uncertainty and political risk. Critics claim it could affect […]

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