Walmart buys way into India wealth management to take on Amazon


Walmart buys way into India wealth management to take on Amazon

PhonePe will buy WealthDesk for about $50 million and OpenQ for nearly $25 million, two sources directly aware of the matter said on Tuesday, declining to be named as the specifics are private.

"The time is now for the central government to collaborate with states to cut taxes to decrease the price impact on common man & businesses and reduce inflation. In the medium term, we have to diversify our sources and streamline laws to make setting up renewable energy projects more attractive."


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