Google parent Alphabet gets CCI's clearance to acquire stake in Flipkart{br} https://ift.tt/F9eQcgp

India's Competition Commission (CCI) has approved Google parent Alphabet's investment in Flipkart. Alphabet's Shoreline International Holdings will acquire a stake in the Walmart-owned e-commerce giant. The deal, part of a nearly $1 billion funding round, includes a $350 million investment from Google and values Flipkart at $35-36 billion.

from Times of India https://ift.tt/xRHJQ3E

Comments

Post a Comment

Popular posts from this blog

'A hard goodbye with...': Pathirana to CSK and Dhoni{br} https://ift.tt/vpqjikg

Chennai Super Kings' pacer Matheesha Pathirana's participation in the current IPL season seems to be over as he returns to Sri Lanka to recuperate from a hamstring injury. The right-arm fast bowler appeared in six matches this IPL season, claiming 13 wickets with an economy rate of 7.68. Pathirana's final game for CSK was their 78-run win against Sunrisers Hyderabad, where he bowled two overs and took the wickets of Aiden Markram and Heinrich Klaasen. from Times of India https://ift.tt/YwB9gnD
Read more