Flipkart Walmart Deal News
Global VC funding stays flat as Asia lags others in dealmaking
The slowdown in Asia was led by reduced deal-making in China. However, funding in India continues to remain strongInvestments in the US, Europe and Asia totalled $53 billion for the June quarter
1 min read22 Jul 2019The great Indian startup battle: Founders vs Investors
Founders of Indian startups are increasingly challenging the power of large investors in order to retain control over their firmsBut the relatively small size of startup successes in India means that investors are likely to continue to be in the ascendant
8 min read27 Feb 2019Binny Bansal breaks his silence after Walmart ouster, wants to help other startups
’I’m looking forward to the next chapter of my life,’ Binny Bansal said in his first interview after Walmart ousterBinny Bansal’s new company xto10x Technologies will build technology tools to help startups grow
3 min read5 Feb 2019Ever thought about what will happen to your loved ones in your absence?
Update KYC status of assets, nominations, beneficiary information and Will regularly
4 min read14 Jan 2019Venture capital exits climb to a record $165 billion in 2018
Venture capital investments too had a record 2018, with 14,889 VC deals adding up to $274 billion, a 42% jump from the $192 billion in 2017
2 min read10 Jan 2019CCI flagged offline retailers’ concerns while clearing Flipkart sale
The CCI had declined to look into complaints of alleged predatory pricing and preferential treatment
2 min read31 Dec 2018Flipkart conducts first major management reshuffle since Walmart buyout
The Flipkart management reshuffle has seen several top executives moved to new roles, while others have been swapped with those at Myntra
2 min read7 Dec 2018Amazon is adding more India retailers to its shopping cart
Amazon’s bite-sized purchases into smaller traditional retailers will help it gain greater access to smaller cities and offline consumers in a country where it’s betting $5 billion to expand aggressively
1 min read27 Nov 2018Tax dept seeks details of income earned by Sachin, Binny Bansal from Walmart deal
As per the Income Tax laws, both Sachin and Binny Bansal, being Indian residents, would be liable to pay 20 per cent income tax on the capital gains made from the Walmart deal
2 min read22 Nov 2018Myntra will remain separate firm, says Ananth Narayanan
Myntra CEO Ananth Narayanan dismisses rumours, says he will continue as head of Myntra-Jabong
1 min read16 Nov 2018Popular Topics
Budget
The 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