The Snapdeal board wants the opinion of shareholders, which includes Ratan Tata and Azim Premji's PremjiInvest, on the Flipkart buyout offer
1 min read30 Jul 2017Board-level talks on Snapdeal sale to Flipkart will begin on Monday, which will be followed by a shareholder vote on the buyout offer
2 min read27 Jul 2017What explains Flipkart's generous offer to Snapdeal? In a word, SoftBank
2 min read19 Jul 2017As part of the buyout offer, Flipkart has offered to pay Snapdeal $650-700 million in stock immediately and another $150 million at a later date
2 min read18 Jul 2017Flipkart is yet to respond to Snapdeal's demand but the e-commerce firm will send a new buyout offer this week higher than the previous bid of $700-750 million
2 min read13 Jul 2017Negotiations for a buyout, however, will continue between Flipkart and Snapdeal but the differences over valuation will delay the process
2 min read5 Jul 2017After bankers' approval on the proposal, Diamond Power Infrastructure will be able to issue shares aggregating to at least 51% of the firm's equity to Jiangsu Longzhe
1 min read24 Aug 2016Last month, Vedanta revised the terms of an offer aimed at buying out the minority stake in Cairn India
1 min read19 Aug 2016Fox estimates that the combined company could achieve as much as $1.5 billion in cost savings
2 min read16 Jul 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared