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      Question

      Walmart has increased its stake in Flipkart as it paid

      _______to acquire shares from its non-controlling interest holders in six months.
      A USD 2,7 million Correct Answer Incorrect Answer
      B USD 3.5 million Correct Answer Incorrect Answer
      C USD 4.1 million Correct Answer Incorrect Answer
      D USD 5.4 million Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Walmart has increased its stake in Flipkart as it paid USD 3.5 billion (around Rs 28,953 crore) to acquire shares from its non-controlling interest holders in six months. After this, Walmart’s total holding in the Indian e-commerce player Flipkart would increase to 80.5 percent.

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