Giant e-commerce companies, Flipkart and Amazon likely to be hit.
Kalyan Krishnamurthy will continue to be CEO of Flipkart.
Sachin Bansal exited Flipkart after leaving his 5.5% shareholding to Walmart.
The Flipkart Big billion Day sale begins from October 10 to 14.
It will be introduced at a price of Rs 6,999.
Honor 9N has been launched in India at a starting price of Rs.11,999 for 3GB RAM and 32 GB storage.
Flipkart co-founder Sachin Bansal will exit the company
The US e-commerce giant Walmart will acquire about 75 percent stake of the Flipkart for $15 billion
Amazon is also seeking a non-compete agreement with Flipkart’s founders
Walmart has completed a due diligence on Flipkart