<h1>CCI Approves Flipkart's Acquisition of 7.8% Stake in Aditya Birla Fashion by Walmart Group Subsidiary.</h1> The Competition Commission of India has approved the acquisition of a 7.8% minority stake in Aditya Birla Fashion and Retail Limited by Flipkart Investments Private Limited, a subsidiary of Flipkart Private Limited, which is part of the Walmart Group. The Walmart Group operates in India through various business activities, including e-commerce and digital payments. Aditya Birla Fashion and Retail is involved in manufacturing and retailing branded apparel, footwear, and accessories across multiple retail platforms in India. The acquisition will be executed through the subscription of equity shares, with a detailed order from the CCI forthcoming.