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OPPO Find X8 Series Launched in India: Check price, camera specs and other details

OPPO Find X8 Series Launched in India: Check price, camera specs and other details

Thu, Nov 21, 2024

Oppo has announced the launch of the Oppo Find X8 Series in India. The Series has two models and they both are powered by flagship MediaTek Dimensity 9400 SoC. Both models are built with Gorilla Glass 7i protection and Armour Shield Design with IP68 and IP69 certifications.

iPhone 15 available at Rs 27,960 discount on THIS platform: Find ways inside to get it

iPhone 15 available at Rs 27,960 discount on THIS platform: Find ways inside to get it

Thu, Nov 14, 2024

iPhone 15 sports a 6.1-inch Super Retina XDR OLED display with a resolution of 2556×1179 pixels.

Amazon and Flipkart sellers under spotlight as ED starts search operations against them at 20 locations

Amazon and Flipkart sellers under spotlight as ED starts search operations against them at 20 locations

Thu, Nov 07, 2024

The search operation is being conducted in New Delhi, Hyderabad, Bengaluru, and Mumbai.

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Massive setback to Flipkart-Walmart $16 bn pact; will it kill the deal?

Massive setback to Flipkart-Walmart $16 bn pact; will it kill the deal?

Fri, May 11, 2018

Walmart has bought 77 per cent of Flipkart in a deal valued at $16 bn and yet, today a deal killer has emerged on the horizon! It has so transpired that Japan's SoftBank Group Corp has reportedly not yet decided to sell its 20-22 per cent stake in Flipkart to US retailer Walmart Inc.

Emotional Sachin Bansal takes to Facebook to bid adieu to Flipkart staff, says his 'work here is done'

Emotional Sachin Bansal takes to Facebook to bid adieu to Flipkart staff, says his 'work here is done'

Thu, May 10, 2018

Sachin and Binny began by selling books when they founded Flipkart, and then expanded to sell music, movies, games, electronics and mobiles. The first book the company sold was John Wood’s Leaving Microsoft to Change the World. Then, the e-commerce company launched logistics arm Ekart.

Contours of the Flipkart-Walmart deal

Contours of the Flipkart-Walmart deal

Thu, May 10, 2018

India's very own whizkids, Sachin Bansal and Binny Bansal have turned billionaires after selling their stake in India's top e-retailer Flipkart to US retail giant Walmart in a transaction dubbed as world's largest e-commerce deal valued at $16 bn.

Walmart's India Deal Is Admission of Defeat

Walmart's India Deal Is Admission of Defeat

Thu, May 10, 2018

Walmart Inc. might want to portray its $16 billion purchase of India's largest e-commerce firm, Flipkart Group, as a brilliant strategic move, but the truth is that the deal represents a second-best outcome- if that for Walmart as well as for Indian consumers and farmers.

Day after buying Flipkart, Walmart says will open 50 new stores in India in 4-5 yrs

Day after buying Flipkart, Walmart says will open 50 new stores in India in 4-5 yrs

Thu, May 10, 2018

A day after announcing USD 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, adding 50 new stores in the next four-five years. "We currently have 21 stores and plan to open 50 stores in 4 to 5 years. Plans are on track,"

Here is what Binny Bansal has to say about Sachin Bansal’s exit from Flipkart

Here is what Binny Bansal has to say about Sachin Bansal’s exit from Flipkart

Thu, May 10, 2018

After moving to Bangalore, Sachin joined Amazon and recommended Binny, earning an employee recommendation bonus. He, however, had to soon return it as Binny left Amazon in just 8 months.

Sachin Bansal, Binny Bansal join Mukesh Ambani, Azim Premji in billionaires club; check India's top 5 list

Sachin Bansal, Binny Bansal join Mukesh Ambani, Azim Premji in billionaires club; check India's top 5 list

Thu, May 10, 2018

India's very own whizkids, Sachin Bansal and Binny Bansal have turned billionaires after selling their stake in India's top e-retailer Flipkart to US retail giant Walmart in a transaction dubbed as world's largest e-commerce deal valued at $16 bn.

eBay to sell Flipkart stake for about $1.1 bn; relaunch eBay India

eBay to sell Flipkart stake for about $1.1 bn; relaunch eBay India

Thu, May 10, 2018

In exchange of an equity stake in Flipkart, eBay had made a cash investment of USD 500 million and sold its eBay.In business to the Bengaluru-based e-commerce major.

Who is Binny Bansal, the man who just sold Flipkart to Walmart; check in 5 slides

Who is Binny Bansal, the man who just sold Flipkart to Walmart; check in 5 slides

Thu, May 10, 2018

Binny Bansal, the poster boy of India's e-commerce revolution, has just sold his firm Flipkart, he is a co-founder alongside Sachin Bansal, to US retail giant Walmart in a deal valued at $16 bn. It has boosted Flipkart valuation to $21 bn (Rs 1,35,000 crore).

Awesome Flipkart-Walmart deal may get big slap in face in India

Awesome Flipkart-Walmart deal may get big slap in face in India

Thu, May 10, 2018

As per the proposed deal, Walmart is expected to acquire shares of the Singapore-registered Flipkart. In the normal case, capital gains will not arise. But India had introduced an amendment to nullify the Vodafone Judgment by taxing indirect transfers. On account of indirect transfer, this transaction could get taxed, because of the change in shareholding at the Singapore entity.

Flipkart-Walmart deal done; now, this big problem raises its head

Flipkart-Walmart deal done; now, this big problem raises its head

Thu, May 10, 2018

"I believe it (the deal) will create a rumble in the industry. Whenever there is an M&A, a little bit of shiver is felt, but that does not shake up sturdy businesses. I am a very strong believer of the fact that the Indian market is so large that nobody can say it will saturate," Anil Talreja said.

Walmart buys Flipkart: Great discounts coming for buyers soon

Walmart buys Flipkart: Great discounts coming for buyers soon

Thu, May 10, 2018

Flipkart-Walmart deal: US firm's $16 billion majority stake acquisition in Flipkart is set to make shopping much more rewarding for the Indian online consumers. With Jeff Bezos promoted Amazon India challenging Flipkart’s leadership position, the latter is left with no option but to do everything under the sun and maintain/ grow its market share in the $17.8 billion Indian e-commerce industry.

Sachin Bansal, Binny Bansal success story; this is how it began

Sachin Bansal, Binny Bansal success story; this is how it began

Thu, May 10, 2018

With Walmart acquiring Flipkart, the latter is now valued at over $20 billion and the two founders are multi-billionaires. When they started out, their parents gave them Rs 10,000 a month as allowance for almost 18 months. They had invested Rs 2 lakh each from their savings. It was in their two-bedroom flat in, Bengaluru that the duo, who share a common interest in computer science, built the first version of the site, with just two computers. People who know them say they have different temperaments.

This is what world's biggest e-commerce deal is all about

This is what world's biggest e-commerce deal is all about

Thu, May 10, 2018

In the biggest deal in e-commerce space globally, retail giant Walmart picked up 77 per cent stake in Flipkart on Wednesday. Walmart is paying $16 million in a combination of secondary ($14 billion) and primary ($2 billion) transactions. The deal is yet to get regulatory approvals in India.

RSS wing: Walmart making back-door entry into India with Flipkart deal; calls on PM Modi to intervene

RSS wing: Walmart making back-door entry into India with Flipkart deal; calls on PM Modi to intervene

Thu, May 10, 2018

The Swadeshi Jagran Manch, which is the economic wing of the Sangh, claimed that Walmart is using e-commerce route to circumvent existing rules which bar foreign companies in multi-brand retail and dubbed its acquisition of Flipkart a "back-door entry" into Indian market.

Sachin Bansal, Binny Bansal turn India's newest billionaires, but there is a big disappointment in store

Sachin Bansal, Binny Bansal turn India's newest billionaires, but there is a big disappointment in store

Thu, May 10, 2018

Both Sachin Bansal and Binny Bansal owned about 5 per cent of the company they co-founded. But post-sale Sachin Bansal will cut all links to the company, while Binny Bansal will not only be retained, he will also keep a part of his shareholding.

Flipkart sale: Get discounts on mobiles, other items; check cashback offers

Flipkart sale: Get discounts on mobiles, other items; check cashback offers

Wed, May 09, 2018

The Flipkart sale will go until May 16, 2018. The e-commerce giant will offer huge discounts on smartphones, electronic gadgets and accessories, TV and appliances, clothing, footwear, home appliances and furniture. Flipkart will also give 10 per cent discount on purchases done using HDFC Bank credit and debit card

Walmart will bag these investors shares in Flipkart; set to hold 77% stake in e-commerce giant

Walmart will bag these investors shares in Flipkart; set to hold 77% stake in e-commerce giant

Wed, May 09, 2018

After Flipkart deal, Walmart, which failed to make an entry in India in offline retail space with any kind of success, can now sell its products online to 1.3 billion population of the country.

Post Flipkart transaction, here is how Walmart may suffer; all details here

Post Flipkart transaction, here is how Walmart may suffer; all details here

Wed, May 09, 2018

For Amazon things are going to change now for the worse. It was facing stiff competition from Flipkart as it is and now, the Indian e-retailer will be backed by US retail giant Walmart.

World’s largest e-commerce deal! Walmart buys Flipkart, here's what US retailer's vision in India is

World’s largest e-commerce deal! Walmart buys Flipkart, here's what US retailer's vision in India is

Wed, May 09, 2018

Walmart has acquired 77% stake in Bengaluru-based online shopping portal Flipkart for a valuation of around $21 billion.

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