Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 1513)

2017-06-16 Business

1513.

With Flipkart which company received approval from the Competition Commission of India (CCI)?

Snapdeal

EBay

Amazon

WalMart

Answer: Option

Explanation:

Flipkart and eBay India approved by the Competition Commission of India (CCI) for subscription of Flipkart's shares issued by its Singapore-headquartered entity. In April, eBay Inc. had invested $500 million into Flipkart and sold its India business to the company to pick up a stake in Flipkart.