This photo taken on May 8, 2018 shows the logo of e-commerce company Flipkart at its headquarters in Bangalore. US retail behemoth Walmart is expected to announce May 9 that it is to buy a majority stake in India's largest e-commerce company Flipkart for around $15 billion. Walmart CEO Doug McMillon arrived in Bangalore, the Flipkart headquarters, to announce the deal which media reports said would see the American firm acquire around 70 percent of the Indian e-tailer. / AFP PHOTO / -
Flipkart has signed a Memorandum of Understanding (MoU) with the Department of Micro, Small & Medium Enterprises (MSME) and Mines of Government of Karnataka to promote the arts, crafts and handloom sector of Karnataka.
About Memorandum of Understanding (MoU):
What is Samarth Programme of Flipkart:
Flipkart’s Samarth works with Non-governmental organisations(NGOs) and government bodies to support a large number of entrepreneurs in the rural areas, enterprises led by women, differently-abled people, artisans and weavers with the issues related to the access of working capital, poor infrastructure and training. The programme supports more than 5lakh artisans, weavers, and MSME units across the nation.
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