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Nikesh Arora's two-year stay cost SoftBank $300 mn

TMT

28 July, 2016

Nikesh Arora's two-year stay cost SoftBank $300 mn

SoftBank Group Corp said on Thursday it has booked as much as 6.8 billion yen ($65 million) in expenses related ......

Flipkart's Myntra to acquire main rival Jabong for $70 mn

TMT

26 July, 2016

Flipkart's Myntra to acquire main rival Jabong for $70 mn

Flipkart-owned Myntra has agreed to acquire main competitor Jabong from Global Fashion Group for $70 million (Rs 470 crore) in ......

Snapdeal, Paytm & other ecom players help NCR become FDI capital of India

General

20 July, 2016

Snapdeal, Paytm & other ecom players help NCR become FDI capital of India

The National Capital Region (NCR) may have truly established itself as the preferred destination for foreign direct investment (FDI) into ......

Den hikes stake in TV commerce JV with Snapdeal to 82.87%

TMT

18 July, 2016

Den hikes stake in TV commerce JV with Snapdeal to 82.87%

Cable television distributor Den Networks Ltd said on Monday it has agreed to increase its stake in a TV shopping ......

Alibaba, Abof, Future Group join race to acquire Jabong

TMT

04 July, 2016

Alibaba, Abof, Future Group join race to acquire Jabong

Chinese e-commerce giant Alibaba, Aditya Birla's new e-commerce venture Abof along with homegrown e-commerce companies Myntra and Snapdeal, besides brick-and-mortar ......

Nikesh Arora resigns from SoftBank

General

21 June, 2016

Nikesh Arora resigns from SoftBank

SoftBank Group Corp said on Tuesday president and chief operating officer Nikesh Arora has decided to resign from the company, ......

Premium
Housing courts Chinese investors; merger talks with Snapdeal on hold

TMT

15 June, 2016

Housing courts Chinese investors; merger talks with Snapdeal on hold

SoftBank-backed Internet companies Snapdeal and Housing have put their merger talks on the back burner and the real estate portal ......

Amazon to invest $3 bn more in India

TMT

09 June, 2016

Amazon to invest $3 bn more in India

Amazon.com Inc plans to invest $3 billion more in India, founder and CEO Jeff Bezos said, as the US e-commerce ......

BCCL's Brand Capital in talks to pick small stake in Flipkart

TMT

04 June, 2016

BCCL's Brand Capital in talks to pick small stake in Flipkart

In what could be the third ad-for-equity deal for Bennett, Coleman and Company Ltd (BCCL) in Indian technology unicorns, the ......

Snapdeal chief product officer Anand Chandrasekaran quits within a year

Technology

24 May, 2016

Snapdeal chief product officer Anand Chandrasekaran quits within a year

Anand Chandrasekaran has quit as the chief product officer at Snapdeal after less than a year with the e-commerce company ......