Alphabet gets CCI's clearance to acquire stake in Flipkart
New Delhi, Nov 26 (PTI) The Competition Commission on Tuesday granted approval to Alphabet’s arm Shoreline International Holdings LLC to acquire a stake in Walmart group firm Flipkart. Shoreline International Holding is a wholly-owned subsidiary of ...
Alphabet gets fare trade regulator's clearance to acquire stake in Flipkart
Flipkart is a subsidiary of Walmart Inc and ultimately belongs to the Walmart Group. It is primarily engaged in the business of wholesale cash and carry of goods and providing marketplace-based e-commerce platforms to facilitate trade between customers and sellers in India.
Alphabet Acquires Stake in Flipkart Amid Competitive Marketplace Strategies
The Competition Commission approved Alphabet's Shoreline International Holdings LLC's stake acquisition in Flipkart, a Walmart group firm. This involves share subscription, further cementing Alphabet's investment strategy in Indian e-commerce.
Competition commission approves Alphabet’s stake acquisition in Walmart-owned Flipkart
The CCI stated that the deal includes an investment in Flipkart Pvt Ltd and an arrangement between an affiliate of Alphabet and Flipkart's subsidiary for specific service provisions.
CCI greenlights Google parent Alphabet-owned entity investment in Flipkart
The CCI has approved a significant transaction involving Flipkart Private Limited, a Walmart Group company, and Shoreline International Holdings LLC, an Alphabet Inc.
Alphabet's Shoreline International Holdings gets approval from CCI for Flipkart stake acquisition
In May, Google became a minority investor in Flipkart's extended funding round, joining Walmart in providing $350 million. This investment brought the domestic marketplace's total funding to $950 million,
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Justice Served: Flipkart Ordered to Compensate ₹10,000 for Refusing Return of Defective Product
A Mumbai consumer successfully challenged Flipkart's "no return policy," leading to a ₹10,000 compensation for selling a ...
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Consumer Court Slaps Rs 10-K Cost On Flipkart For Refusal To Accept Return
A consumer court in Mumbai has directed the e-commerce platform Flipkart India and a seller on it to pay Rs 10,000 to woman ...
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Flipkart Ordered To Pay Rs 10,000 Over Refusing Return of Fake Product
A District Consumer Disputes Redressal Commission in Mumbai (Suburban) has ordered Flipkart to pay Rs. 10,000 to a buyer, ...
Flipkart Black Friday sale 2024 is live: Apple iPhone 15, Galaxy S23, Realme P1, Vivo T3 and other phones selling at a discount
If you are planning to buy a new smartphone this Black Friday sale, here are the top 10 hand-picked deals for you.
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Flipkart’s Black Friday Sale 2024: Get Huge Discount On iPhone 15 Series, Samsung Galaxy S23, Pixel 9, And More
Black Friday is the time to shop for your loved ones for the holiday season. Read on to discover the highlights of Flipkart’s ...
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Flipkart ordered to pay ₹10,000 for not allowing return of 'substandard' product
Flipkart and the seller were then told to refund her ₹4,641 along with 9% interest from October 21, 2023. In addition, they ...
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CCI approves Google's investment in Walmart-backed Flipkart
Google joined Flipkart's captable as a minority investor in May earlier this year with an infusion of $350 million to expand ...
Flipkart co-founder Binny Bansal leaves PhonePe’s board
Flipkart co-founder Binny Bansal has stepped down from Indian fintech PhonePe's board of directors, three quarters after ...
Flipkart Black Friday Sale | Apple, Google, Samsung, Realme, and Nothing phone deals on offer
Flipkart’s Black Friday sale that runs between November 24 and November 29 is a good time to see whether any devices that are ...
Flipkart Found Guilty Of Unfair Trade Practice Over Poor Product Quality
A consumer disputes redressal commission here found Flipkart guilty of unfair trade practice for not accepting the return of ...