UPSC CAPF AC 2018 Paper

US retail giant Walmart Inc, in May 2018, announced to pick up a 77% stake in India’s largest online retailer Flipkart for $ 16 billion, successfully concluding more than 20 months of talks. It will create the country’s largest acquisition and the world’s biggest purchase of an e-commerce company. The deal valued Flipkart at $20.8 billion