India Digest: Walmart looks to invest in Flipkart; ChrysCapital eyes stake in Federal Bank arm

India Digest: Walmart looks to invest in Flipkart; ChrysCapital eyes stake in Federal Bank arm

A customer pushes a shopping cart at a Walmart store in Chicago, Illinois, U.S. November 23, 2016. REUTERS/Kamil Krzaczynski

While global retail giant Walmart is in talks to invest in Flipkart, domestic private equity fund ChrysCapital is looking to acquire 26 per cent stake in Fedbank Financial Services, a wholly-owned unit of Federal Bank.

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