Aditya Birla Fashion to sell 7.8 per cent stake to Flipkart Group for Rs 1,500 crore
By
Biju Kumar
BENGALURU: Walmart-backed e-commerce giant Flipkart will acquire a 7.8 per cent stake in Aditya Birla Fashion Retail Limited (ABFRL) for Rs 1,500 crore in a move to strengthen its presence in the apparel fashion segment.