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Walmart May Exit Flipkart Over New FDI Norms, Claims Morgan Stanley | Read

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  • Published On: February 06, 2019
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Retail giant Walmart may exit Flipkart after India's new Foreign Direct Investment (FDI) norms for e-commerce companies came into force, US investment banker Morgan Stanley has warned. According to the report, Walmart-Flipkart saga might turn out to similar to what happened with Amazon in China in late 2017.
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