Flipkart-Walmart deal

Binny Bansal resigns from Flipkart: A Timeline of events

Walmart acquired Flipkart in May this year.

Nov 13, 2018, 18:02 PM IST

Flipkart Group CEO Binny Bansal resigns with immediate effect

Walmart had acquired 77 percent of Flipkart for $16 billion in May.

Nov 13, 2018, 17:21 PM IST

Flipkart-Walmart deal: CAIT fears predatory pricing by Walmart

In its second letter to Prabhu, the traders' lobby referred to Walmart as "the US version of The East India Company", and also asked for a thorough investigation of the Walmart-Flipkart deal.

May 25, 2018, 17:41 PM IST

Flipkart's stake acquisition 'credit positive' for Walmart: Moody's

On May 9, Walmart Inc said it is buying a 77 percent stake in Indian e-commerce retailer Flipkart for about USD 16 billion, but it is yet to disclose financing plans.

May 14, 2018, 15:43 PM IST

SoftBank undecided on exiting Flipkart

Walmart had on Wednesday announced that it will pay about USD 16 billion to buy 77 percent stake in Flipkart.

May 11, 2018, 12:19 PM IST

Walmart to open 50 new stores in India in 4-5 years

Flipkart gives Walmart an online presence.

May 10, 2018, 12:50 PM IST

Factbox: Deals and investments made by Walmart in last 20 years

Walmart notched biggest foreign investment with $16 billion Flipkart deal.

May 10, 2018, 12:46 PM IST

Flipkart co-founder Sachin Bansal quits after Walmart deal, writes emotional post on Facebook

Sachin had once categorically said in an interview that he will never sell Flipkart.

May 10, 2018, 10:34 AM IST

Walmart CEO addresses Flipkart staff; says deal among best decisions

In the biggest M&A deal in the booming e-commerce sector, Walmart announced buying 77 percent stake in Flipkart for about USD 16 billion (Rs 1.05 lakh crore).

May 10, 2018, 10:07 AM IST

Walmart shares tumble over 4%; m-cap falls nearly $10 bn

The deal values Flipkart at USD 20.8 billion.

May 10, 2018, 10:06 AM IST

Sachin, Binny journey: From Kart to Mart

After working for e-c0mmerce giant Amazon, the two friends set up Flipkart.

May 10, 2018, 10:05 AM IST

eBay to sell stake in Flipkart for about USD 1.1 billion; to relaunch eBay India

Only last year, Flipkart group raised USD 1.4 billion from global technology majors eBay, Tencent and Microsoft.

May 10, 2018, 10:02 AM IST

Traders oppose Walmart-Flipkart deal, industry gives thumbs up

The Confederation of All India Traders (CAIT) said the deal is nothing but a clear attempt to control and dominate the retail trade in India by Walmart through e-commerce in the long run.

May 10, 2018, 10:01 AM IST

Flipkart: A timeline of milestones

Sachin Bansal and Binny Bansal set up Flipkart in 2007 in Bengaluru.

May 09, 2018, 17:48 PM IST

Flipkart: From modest start to Walmart nuptial and everything in between

From a modest two-bedroom apartment in Koramangala, the Bengaluru-headquarted company now has multiple offices across the country.

May 09, 2018, 17:37 PM IST

Walmart buys controlling stake in Flipkart for $16 billion

Sachin Bansal, who had co-founded Flipkart with Binny Bansal 11 years ago, will make his exit from the company by selling his entire stake (over 5 percent) to Walmart.

May 09, 2018, 16:40 PM IST

Walmart reaches final agreement with Flipkart, official announcement expected soon

Walmart will likely end up with upto 80 percent of Flipkart, valuing the company at about USD 20 billion.

May 09, 2018, 15:20 PM IST

'Flipkart founders may be liable for 20% capital gains tax after stake sale to Walmart'

The Indian e-commerce major is in discussions to sell majority holding to Walmart and an announcement to this effect is likely to be made soon.

May 09, 2018, 09:56 AM IST

Walmart to announce Flipkart deal today: 10 major developments

Walmart will likely end up with upto 80 percent of Flipkart, valuing the company at about USD 20 billion.

May 09, 2018, 09:46 AM IST

Flipkart co-founder Sachin Bansal to sell his entire stake to Walmart: Report

Walmart is likely to announce its deal to buy a controlling stake in Flipkart before the end of this week.

May 08, 2018, 10:19 AM IST