Flipkart back to the company for approximately US$1.1 billion, and re-launch its own Indian operations. The company stated that "there is huge growth potential for e-commerce in India and significant opportunity for multiple players to succeed in India's diverse, domestic market." Softbank Group also sold its entire 20% stake to Walmart, without disclosing terms of the sale. The acquisition was completed on 18 August 2018. Walmart also provided US$2 billion in equity funding to the company. On 13 November 2018, Flipkart CEO Binny Bansal resigned, after facing an allegation of "serious personal misconduct". Walmart stated that "while the investigation did not
Record Retailer recognises the listings compiled by "Record Retailer" as representing the official national chart. On 5 October 1967 the title reverted to "Record Retailer" and in January 1971 became "Record & Tape Retailer". The publication was relaunched on 18 March 1972 as "Music Week". Record Retailer Record Retailer was a trade newspaper for the UK record industry. It was founded in August 1959 as a monthly newspaper covering both labels and dealers. Its founding editor was Roy Parker (who died on 27 December 1964). The title changed to "Record Retailer and Music Industry News" shortly after launch. With its issue of