Ahmedabad-based Infibeam says its board approves acquisition of the entire share capital of Unicommerce from existing shareholdersJasper Infotech, which operates Snapdeal
2 min read8 May 2018Hong Kong-listed FIH Mobile, which is 64%-owned by Foxconn's flagship unit Hon Hai , was forced to write off $160 million or 80% of its of stake in Snapdeal back in May
2 min read14 Aug 2017A Snapdeal sale to Flipkart leaves Nexus Venture Partners with little choice but to walk away from what could have been its most lucrative bet
11 min read25 May 2017Wall Street Journal newspaper reported that Alok Sama, SoftBank president , and former president Nikesh Arora received kickbacks in connection to its India investments
2 min read19 May 2017Snapdeal board meeting sees three key shareholders remaining at odds with SoftBank on the terms of a possible sale of Flipkart
2 min read3 May 2017SoftBank, the largest shareholder in Snapdeal, has been successful in getting Kalaari to agree to the deal but is yet to get Nexus Venture on board for the same, says a report
1 min read24 Apr 2017SoftBank is believed to be re-working its plan for sale of e-commerce platform Snapdeal and a final decision is likely to be made in the next few weeks
1 min read5 Apr 2017Snapdeal investors SoftBank, Kalaari and Nexus take steps towards resolving their rift, a move that could lead to a potential sale to Flipkart or Paytm
2 min read5 Apr 2017Lydia Bly Jett's appointment is the third board movement from SoftBank to Snapdeal since February
2 min read4 Apr 2017Snapdeal investor SoftBank is leading the sale talks with Flipkart and Alibaba-backed Paytm E-commerce to strike a $1.5-1.8 billion deal
2 min read22 Mar 2017The 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