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Reuters
September 8, 2018
Alibaba Group Holding Ltd's billionaire co-founder Jack Ma will announce a succession plan on Monday to hand the reins of his sprawling empire to a new generation of leaders but will remain executive chairman for the time being.


PTI
September 8, 2018
Flipkart's investor would have to give \"written notice of at least five business days prior\" to Tencent for such transfer or sale of share, according to the share issuance and acquisition agreement filed by Walmart with the US Security and Exchange Commission.


PTI
New Delhi, September 7, 2018
Founders Bhavish Aggarwal and Ankit Bhati, have sought CCI approval for increasing stake in ANI Technologies, which owns Ola


BusinessToday.In
New Delhi, September 4, 2018
This development comes a little over two months after Swiggy's $210 million Series G round in late-June, which propelled it into the much-coveted unicorn club.


BusinessToday.In
August 31, 2018
The buzz is that the Income Tax department stands to make a whopping $2 billion from the $16 billion Walmart-Flipkart deal.


PTI
August 19, 2018
The mega deal, announced in May this year, is the largest so far in the Indian retail space. This is also Walmart's biggest acquisition and will help it compete more aggressively with its US-based rival Amazon.


BusinessToday.In
August 10, 2018
The Walmart-Flipkart deal is expected to help the government rake in up to Rs 13,700 crore.


Reuters
August 4, 2018
Alphabet Inc's Google is in talks with Tencent Holdings Ltd, Inspur Group and other Chinese companies to offer its cloud services in the mainland. The talks began in early 2018 and the internet giant has narrowed partnership candidates to three firms.


BusinessToday.In
July 23, 2018
Just two months back, SoftBank pumped in $1.4 billion into Paytm - the largest fund infusion by a single investor in a homegrown start-up.


Reuters
July 10, 2018
A packed initial public offering (IPO) calendar in the coming months will include a $4 billion deal from online food delivery-to-ticketing services platform Meituan Dianping and an up to $10 billion IPO from China Tower, the world's largest mobile tower operator.


PTI
June 6, 2018



BusinessToday.In
New Delhi, May 31, 2018
The deal is getting heightened scrutiny because of the different types of taxes applicable on it as well as the ambiguity created by last year's changes to applicable bilateral tax treaties.


Dipak Mondal
New Delhi, May 28, 2018
The Walmart-Flipkart deal is a possible nightmare for the tax department given the complex holding structure of the Indian e-commerce giant.


Reuters
New Delhi, May 12, 2018
Minority investors holding 60 percent of Flipkart's shares \"acting together, may require Flipkart to effect an initial public offering\" (IPO) four years after the close of the Walmart-Flipkart transaction, the Arkansas-based retailer said in a regulatory filing.


BusinessToday.In
New Delhi, May 11, 2018
Amongst the ones turning millionaires are Sameer Nigam, CEO and founder of PhonePe, and Amod Malviya, former Chief Technology Officer.


BusinessToday.In
New Delhi, May 10, 2018
On Wednesday, US retailer giant Walmart Inc acquired 77% stake in home-grown Flipkart for USD 16 billion.


BusinessToday.In
May 10, 2018
Within a year after getting acquired by e-commerce giant Flipkart, eBay India said it is looking to sell its stake in Flipkart for about $1.1 billion.


BusinessToday.In
May 10, 2018
Just hours after announcing Walmart's acquisition of Flipkart in the biggest e-commerce deal in the history, Walmart President and CEO, Doug McMillon sent out his remarks to Flipkart employees saying that the acquisition was the best decision they have ever made.


Goutam Das
New Delhi, May 9, 2018
The Walmart deal is a sign things are changing. Flipkart's Japanese investor SoftBank has exited selling 20 per cent of its stake. Co-founder Sachin Bansal has exited as well. The 23 per cent remaining stake in Flipkart will now be held by co-founder Binny Bansal, Tencent Holdings Limited, Tiger Global Management LLC and Microsoft Corp.


PTI
May 9, 2018



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