Flipkart deal opens opportunity for 1 cr jobs: Walmart CEO
After acquiring 77% stake in Flipkart, Walmart's CEO Doug McMillon has said the deal opened an opportunity to generate 1 crore jobs over a period of years in India. McMillon had earlier said the decision to acquire the stake in Flipkart was among the best decisions Walmart has ever made. Walmart will pay $16 billion for the stake.