Walmart seen staying put in India despite new FDI norms
Walmart is invested in India via Flipkart and an exit is not completely out of question but is unlikely, says report
BY VARSHA B ANSAL
Even as the new foreign direct investment (FDI) in e-commerce guidelines increase the cost of doing business and add uncertainty over Flipkart’s losses, a Morgan Stanley report indicates that Walmart is not considering walking away from its investment...
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