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Walmart Falls After $16 Billion Flipkart Deal

Walmart Falls After $16 Billion Flipkart Deal

Walmart Inc.’s deal to buy a controlling stake in India’s biggest online seller is meeting skepticism on Wall Street. Walmart shares dropped as much as 4.2 percent to $82.12 as of 10:28 a.m. in New York -- the lowest intraday price since October. The company’s stock was already down 13 percent this year through Tuesday’s close.

Rajesh Srivastava
Life At God's Own Kampus - IIM Kozhikode

Life At God's Own Kampus - IIM Kozhikode

Coming to IIMK with great trepidation, the institute was an enigma for me. Countless stories and anecdotes from friends and acquaintances, painted a picture of a place so beautiful, yet exhausting; so collaborative yet competitive. On reaching the Kampus, I could subdue all the canned thoughts and buck fever, for the Kampus is exceedingly great for its zealous surfeit of wisdom and beyond.

Jitha Johnny
MBA Student | InsideIIM