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According to Walmart’s filing to the US Securities and Exchange Commission, they could invest $3 billion more in Flipkart.
Charles Fishman, an American journalist, has been closely tracking Walmart in the United States for over a decade.
According to Masayoshi Son, the chief executive of SoftBank, they are expecting returns of about $4 billion from the Flipkart-Walmart deal.
On May 8th, Andrew Henshaw, a British high court judge, ruled that an Indian judgement against Mallya can legally be enforced against the assets
Walmart has been trying to capture major share in Indian markets for a long time, at last they succeeded through the deal with Flipkart.