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Snapdeal files papers with Sebi to raise funds via IPO

E-commerce platform Snapdeal has filed preliminary documents with markets regulator Sebi to raise funds through an initial public offer (IPO), joining the league of internet-led businesses looking......

Snapdeal plans $250 mn IPO in H1 2022: Sources

E-commerce platform Snapdeal is looking at filing its Draft Red Herring Prospectus (DRHP) in the next few weeks to launch an initial public offering in first half of next year, according to......

Taxation issues in the $16 bn Walmart-Flipkart deal under lens

As many as 44 shareholders of Flipkart sold their holdings to Walmart. The income tax law requires the buyer to withhold tax while making payment to the sellers, in case they are not exempted from......

Walmart's $16 bn Flipkart buy is the biggest deal this year

Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company US retailer Walmart's buying 77 per cent stake in Flipkart for $16 billion is the biggest acquisition......

eBay India hopes to win war after losing ecommerce battle

US major lost its first mover advantage, now wants to secure its investments in the country. Relevance is what US e-commerce major eBay will gain from giving its India business to online......

Sales of new Nike shoe cause fights, arrests

Police in several cities around the United States on Friday were called to stores to manage unruly shoppers seeking Nike's new Air Jordan athletic shoes. In cities from Charlotte, North Carolina,......

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India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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