E-tail policy hasn’t shaken confidence, says Walmart

Walmart CEO Doug McMillon has said the changes in India’s FDI policy for the e-commerce sector have been “disappointing”, but they haven’t shaken Walmart’s “confidence and excitement” about Flipkart, where it acquired a 77% stake for $16 billion in August last year.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2IpYkQ1

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