Flipkart CEO Kalyan Krishnamurthy says the company will cut back on dealmaking and hiring as losses mount, amid fierce competition from Amazon and Reliance (Financial Times)

Financial Times:
Flipkart CEO Kalyan Krishnamurthy says the company will cut back on dealmaking and hiring as losses mount, amid fierce competition from Amazon and Reliance  —  CEO Krishnamurthy insists country's ecommerce sector remains ‘vibrant’  —  Flipkart's chief executive says the Walmart-owned ecommerce group …