India TV Business Desk | Jul 26, 2017, 02:55 PM ISTFlipkart’s plans now have to clear the hurdle of getting Snapdeal shareholders on board with the deal, including PremjiInvest which ticked off the Snapdeal board over differential payments
India TV Business Desk | Jul 05, 2017, 12:25 PM ISTFlipkart's fresh offer of $800 million for acquiring Snapdeal is significantly lower than its opening bid of $1 billion, a steep markdown from the company’s peak valuation of $6.5 billion last year
India TV Business Desk | Jun 23, 2017, 05:13 PM ISTAzim Premji’s family office is opposed to differential payments which were proposed in a bid to win over larger Snapdeal investors and the founders who have agreed to a deep cut in valuation, a media...
India TV Business Desk | Jun 13, 2017, 03:42 PM ISTThe issuance of shares by Flipkart’s Singapore-based holding company to the Indian shareholders of Snapdeal may be construed as breach of FEMA rules and would require special permission from the RBI
India TV Business Desk | May 15, 2017, 10:58 AM ISTSnapdeal, one of India’s largest online e-commerce portals, may offer a Rs 193 crore bonanza to its staff if the firm is taken over by its larger rival Flipkart.
India TV Business Desk | May 12, 2017, 02:23 PM ISTOne of the preconditions that Flipkart had set to agree to the acquisition was that Snapdeal founders Kunal Bahl and Rohit Bansal will not be involved in the merged entity in any capacity