• Thursday, March 28, 2024

Business

Lobby group rallies support against Flipkart deal

By: Eastern Eye Staff

INDIAN shopkeepers and traders affili­ated to a local lobby group held sit-in protests across the country on Monday (2) against Walmart Inc’s proposed $16 billion (£12bn) acquisition of e-com­merce firm Flipkart. The Confederation of All India Traders (CAIT) had hoped to gather one million protesters to oppose the deal, but the numbers were far fewer, witnesses said. “This is the first phase of our protest. And if the government doesn’t listen, we will decide our future course of action at our national convention in Delhi later this month,” Praveen Khandelwal, the CAIT secretary general told said. The group says the…

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