May 15th, 2018E-commerce Unicorn Flipkart has announced a repurchase ESOP's offer for its employees at a share price ranging from USD 125-129. The offer from the Bengaluru headquartered company comes in the wake of the completion of company's acquisition by US retailer Walmart for roughly USD 16 billion.
According to one of the sources familiar...
May 15th, 2018Post mega Flipkart-Walmart Acquisition, the e-commerce world has been buzzing with speculations all around as to how the mammoth deal will shape the coming scenario. Now, there is a new dimension that has come into play regarding SoftBank unwilling to sell its stakes to Flipkart.
If SoftBank was to sell its 22.3% stake in Flipkart...
May 10th, 2018Indian market bolted a notch higher when a speculated news regarding World's biggest brick and mortar, Future Group selling its 10 stakes to a leading global retailer surfaced in mid-afternoon today.
Meanwhile, within stock market to the company witnessed a gain of 5 percent. The scrip which was at 12 percent at 10:02 am rose by 6.60...
