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June 1, 2020 04:39 am GMT

India rejects Walmart-owned Flipkarts proposed foray into food retail business

The Indian government has rejected Flipkarts proposal to enter the food retail business in a setback for Walmart, which owns majority of the Indian e-commerce firm and which recently counted its business in Asias third-largest economy as one of the worst impacted by the global coronavirus pandemic. The Department for Promotion of Industry and Internal […]

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