Walmart-Flipkart deal to get govt $2 billion

Walmart’s acquisition of majority control in Indian e-commerce player Flipkart in a $16-billion deal is expected to help the government rake in up to Rs 13,000 crore, following the global retailer’s discussions with income tax authorities.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2vwOnHs
via IFTTT