Business Wise Exclusive Columns Indian Government Business Today
Business Wise by Rajeev Dubey
Deals with eBay, Snapdeal reflect Flipkart's desperation to counter Amazon

Sheer desperation of a likely loser, and the anxiety of enormous cash burn, have driven Flipkart into two incredibly bad M&A deals: Monday's announcement of acquisition of eBay India as part of a $1.4 billion funding round from Tencent Holdings, Microsoft and eBay; and, the ongoing discussion with Snapdeal for a probable acquisition/merger.

 
 
Political pundits and analysts have grossly under-estimated the SP scion's popularity among the youth, women folk.
With the Insolvency and Bankruptcy Act, 2016 becoming a law, Mallya has a momentous opportunity to clean up his slate by declaring Kingfisher bankrupt.
In the midst of what was one of India's biggest natural disasters, some of biggest airlines were insensitively profiteering from the tragedy.
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