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Tag: Competition Commission of India

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CAIT approached CCI against Walmart’s deal with Flipkart

The US-based retail giant Walmart has recently acquired a major stake in Indian e-retailer Flipkart by investing 16 billion US Dollar. This deal astonished everyone in the Industry. In India, the leading advocate for small traders and retail business, The Confederation of All India Traders (CAIT) has alleged against this deal to a statutory body […]

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May 23, 2018
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Apparel and Textile News Retail News

Future Lifestyle Fashion Deal Okayed By CCI

Future Lifestyle Fashions Ltd (FLFL) would transfer a section of its apparel marketing business, operated under the ‘Lee Cooper’ brand, to its indirect wholly-owned subsidiary Future Speciality Retail Ltd (FSRL). The deal has been approved by the Competition Commission of India (CCI). FSRL is a wholly-owned subsidiary of Future Trendz Ltd (FTL), which is a […]