Alphabet, Flipkart and CCI

Alphabet gets fair trade regulator's clearance to acquire stake in Flipkart
Flipkart is a subsidiary of Walmart Inc and ultimately belongs to the Walmart Group. It is primarily engaged in the business of wholesale cash and carry of goods and providing marketplace-based e-commerce platforms to facilitate trade between customers and sellers in India.
Google parent Alphabet gets CCI's clearance to acquire stake in Flipkart, here's what the order says
India's Competition Commission (CCI) has approved Google parent Alphabet's investment in Flipkart. Alphabet's Shoreline International Holdings will ac
CCI greenlights Google parent Alphabet-owned entity investment in Flipkart
The CCI has approved a significant transaction involving Flipkart Private Limited, a Walmart Group company, and Shoreline International Holdings LLC, an Alphabet Inc.
Competition commission approves Alphabet’s stake acquisition in Walmart-owned Flipkart
The CCI stated that the deal includes an investment in Flipkart Pvt Ltd and an arrangement between an affiliate of Alphabet and Flipkart's subsidiary for specific service provisions.
Alphabet's Shoreline International Holdings gets approval from CCI for Flipkart stake acquisition
In May, Google became a minority investor in Flipkart's extended funding round, joining Walmart in providing $350 million. This investment brought the domestic marketplace's total funding to $950 million,
Alphabet arm gets CCI's clearance to acquire stake in Walmart's Flipkart
The Competition Commission on Tuesday granted approval to Alphabet's arm Shoreline International Holdings LLC to acquire a stake in Walmart group firm Flipkart.
Alphabet Inc (GOOG) Unveils AlphaQubit: AI Breakthrough in Quantum Computing
We recently published a list of 15 AI News Updates Investors Should Not Miss. In this article, we are going to take a look at ...
DOJ proposing forced sale of Google Chrome, could fetch $20 billion if judge OKs: Report
Bloomberg reported the U.S. Justice Department aims to force Google to sell Chrome, which could fetch as much as $20 billion.
Weekly market wrap: Call to sell off web browser costs Google parent Alphabet $120B
The wipe out came after the U.S. Department of Justice called for divestiture of Chrome in a bid to curb Google's search and ...
Here’s Why Alphabet (GOOG) is on the Bottom Contributors List of the Parnassus Core Equity Fund
Parnassus Investments, an investment management company, released the “Parnassus Core Equity Fund” third quarter 2024 ...
Alphabet stock shrugs off report that the DOJ wants Google to sell off its Chrome browser
Being forced to sell off Chrome would mark a seismic shift for the search giant and its digital ads business, but such a move ...
New startup named /dev/agents led by Ex-Google, Meta tech leaders raises $56M for AI agents
A new artificial intelligence startup co-founded by former Google LLC, Stripe Inc. and Meta Platforms Inc. executives named ...
Alphabet Inc. (GOOG): Google Tests New AI Text Selection Feature for Enhanced AI Overview
We recently compiled a list of the 15 AI News Updates You Might Have Missed. In this article, we are going to take a look at ...
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Google parent gets CCI clearance to pick Flipkart stake
Flipkart is a subsidiary of Walmart Inc and ultimately belongs to the Walmart Group. It is primarily engaged in the business ...