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Flipkart CEO dismisses Morgan Stanley report on Walmart exit
short by Pragya Swastik / on 06 Feb 2019,Wednesday
Flipkart CEO Kalyan Krishnamurthy in a letter to employees dismissed Morgan Stanley report which said Walmart may likely exit Flipkart due to India's new FDI rules for e-commerce. "The report couldn't be further than the truth," said Krishnamurthy. "Walmart remains extremely confident about the potential of the Indian market and in Flipkart's ability to lead the e-commerce space," he added.
short by Pragya Swastik / 04:34 pm on 06 Feb
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