Walmart-Backed Flipkart’s Food Retail Plan Hits A Regulatory Hurdle
The signage for Flipkart is displayed outside the company’s headquarters in Bengaluru, India. (Photographer: Namas Bhojani/Bloomberg)

Walmart-Backed Flipkart’s Food Retail Plan Hits A Regulatory Hurdle

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Flipkart Group said India has rejected Walmart-owned online retailer’s plan to sell food, fruits and vegetables through a new local unit.The Department for Promotion of Industry and Internal Trade ...