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Total 13 results found. Search for [ Binny Bansal sells stake in Flipkart ]

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July 15, 2019
This development comes on the heels of the Flipkart co-founder's collective investment of around Rs 700 crore in three NBFCs, Altico Capital, IndoStar Capital Finance and Northern Arc Capital, in just five months

New Delhi, June 25, 2019
BSNL begs again, says no funds to pay June salary to 1.76 lakh employeesState-owned telecom firm Bharat Sanchar Nigam Limited (BSNL) has sought immediate fund infusion from the government as the telecom firm is struggling to run its operations, including paying Rs 850 crore worth of salaries before June. The public sector company has nearly Rs 13,000 crore as outstanding liabilities that have made running the business difficult.Indians' unaccounted wealth abroad at $216-490 billion, say Studi...

New Delhi, June 24, 2019
Bansal's stake in Flipkart has reduced to 3.52 per cent from 3.85 per cent earlier. Last year, he had sold a small portion of his minority holding in the company to world's retail giant Walmart

Goutam Das & Rukmini Rao
New Delhi, November 26, 2018
How can Walmart correct the wobble in India's best known start-up?

May 10, 2018
A day after announcing $16 billion investment in India's largest online retailer Flipkart, Walmart Inc today said it will continue to grow its wholesale cash-and-carry business, taking the total number of stores to 50 in the next four-five years.

New Delhi, May 9, 2018
Flipkart is expected to sell 70-75 per cent stake to the Bentonville-based retail major but the final contours of the deal will be announced today evening. Bansal, who's also the executive chairman of Flipkart, will step down from its board after the final deal is through.

May 9, 2018
According to tax experts, there are two taxation angles to the Walmart-Flipkart deal, if it goes through.

May 4, 2018
After months of negotiations, it appears that Walmart may have finally trumped Amazon in the race to buy Flipkart. The brick-and-mortar retailer has reportedly outrivalled the global online retail behemoth to acquire around 75 per cent stake in India's largest e-commerce platform.

April 11, 2018
The US e-commerce major is keen on buying Flipkart at a time when it is closing in on a $21-billion deal with US retail giant Walmart Inc.

by Rajeev Dubey
Delhi, December 26, 2017
They were all part of the fabled $1 billion plus valuation club. Now they have run into trouble.

November 21, 2016
Flipkart chief executive Binny Bansal said fashion will remain Flipkart's best selling category for the next few years, but he sees online groceries as having the potential to grow as big as fashion and electronics in the next six to eight years.

By Goutam Das
Delhi, April 6, 2016
The investment momentum in Indian start-ups rocketed over the past five years. PE activity in 2015 touched an all-time high - investments totalled 1,049, over 600 of them in start-ups. The stars of Indian e-commerce became super stars.

New Delhi, March 30, 2016
Leading e-retailers, including Snapdeal, today welcomed the government's decision to open e-commerce market place for 100 per cent FDI, even as IT industry body Nasscom termed 25 per cent cap on sales from a single vendor or group entities as \"restrictive\".