Store operator Walmart (WMT) had encountered multiple challenges before making a full-fledged entry into the Indian market earlier this year. Statistics show the $16-billion buyout of local e-commerce firm Flipkart, the biggest acquisition ever by Walmart, could have long-term financial implications for the retail giant. The investment in Flipkart, combined with potential tax obligations, is … Continue reading Walmart feels the pinch of Flipkart deal, sees softer earnings growth next year