DSIJ Mindshare

Walmart's big bet on India: USD 1.4 billion deal to buy out Tiger Global's stake in Flipkart

Walmart increased its influence over Indian e-commerce company Flipkart by purchasing Tiger Global's remaining shares, valuing the Indian business at around USD 35 billion.

Ashwin Urkude 1 1028 Article rating: 5.0

Walmart increased its influence over Indian e-commerce company Flipkart by purchasing Tiger Global's remaining shares, valuing the Indian business at around USD 35 billion.

Market Wrap: Benchmark indices close on a lower note while Broader market indices close higher!

On July 31, foreign institutional investors (FII) sold shares worth Rs 701.17 crore, while domestic institutional investors (DII) bought shares worth Rs 2,488.07 crore.

Siddharth Mane 0 753 Article rating: 5.0

On Tuesday, the broader index, GIFT Nifty, is expected to open flat, showing a marginal gain of 0.03 per cent. The futures are at 19,892 points.

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