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Walmart in preliminary talks to invest $1 billion in Flipkart

Indiaretailing Bureau -
Walmart Stores Inc. is in advanced discussions to invest as much as $1 billion into India’s Flipkart Online Services Pvt. Ltd in exchange for a minority stake in the Bengaluru-based e-commerce company, according to several reports. The move is being widely...
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Flipkart valuation marked up 10 pc by investor Valic

Indiaretailing Bureau -
After facing a successive markdown in the past few months by its investors, the valuation of India's largest e-commerce firm, Flipkart has been marked up by Valic Co., a mutual fund investor in the firm. Valic has marked up the...
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Morgan Stanley Fund cuts Flipkart valuation again by 15.5 pc

Indiaretailing Bureau -
Morgan Stanley Mutual Fund Trust, a mutual fund investor in Flipkart Ltd, has lowered its estimate of the online retailer’s valuation to $9.39 billion. This is the second consecutive markdown by Morgan Stanley, after it had marked it down...
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In FocusAbhisar Narula -

The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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