Walmart’s big Flipkart deal is an admission of defeat Walmart Inc. might want to portray its $16 billion purchase of India’s largest e-commerce firm, Flipkart Group, as a brilliant strategic move, long-planned in secret, that would allow the U.S. retail giant to manage the transition away from big-box stores globally. Yet, the truth is that Read more about No more discounts, Indian startups get set for the big-bucks journey[…]