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Flipkart IPO: Walmart says open to Flipkart IPO but no specific timeline yet

“We will do it (Flipkart IPO) when it s time for the business, it s not an output, its not a target for us to do that,” Walmart International President Judith McKenna says. ....

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ETtech Morning Dispatch on Feb 19, 2021: NPCI rival worries FinMin, WhatsApp nudges users

ETtech Morning Dispatch on Feb 19, 2021: NPCI rival worries FinMin, WhatsApp nudges users
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/ Morning Dispatch
Good morning,
India’s three largest retail banks SBI, HDFC Bank and Bank of Baroda have been planning to form a consortium that would rival the
National Payments Corporation of India (NPCI) for a few months now. The three banks are also a part of the consortium that is
NPCI.
See the problem here?
It’s no surprise the finance ministry isn’t a big fan of the idea, especially given the involvement of two large public sector banks. It has raised concerns about a conflict of interest and is worried the proposed entity could turn into a monopoly and damage flagship NPCI projects such as UPI and RuPay. ....

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