snapdeal

Snapdeal's earliest investor Kenneth Glass has come out in support of CEO Kunal Bahl over the decision to call off merger talks with larger rival Flipkart. According to a PTI report: Glass, a former Microsoft executive, has written an email...

Having dumped the US $950-million takeover offer from Flipkart, Snapdeal founders Kunal Bahl and Rohit Bansal said that the online market place can survive on the money made from sale of assets like Freecharge and will make a gross...

E-commerce major Snapdeal on Monday revealed that it is facilitating a major layoff in the company, with an agenda to cut down 80 percent of its employee strength. According to a ANI report: A senior official of the company told...

Leading e-tailer Snapdeal on Monday said it was terminating strategic discussions to sell its stake, ostensibly to rival Flipkart, as it had decided to pursue an independent path. "As we have been exploring strategic options over the months, we have...

Snapdeal is likely to send Flipkart's US $900-950 million buyout proposal to its shareholders this week to seek their views on the plan, according to sources close to PTI. The Board wants to get the shareholders' opinion on the proposed...

The sale of Freecharge to Axis Bank will provide Snapdeal the "necessary boost in resources" to continue its e-commerce journey, Snapdeal CEO Kunal Bahl said. According to a PTI report: Just hours after the deal was announced, Bahl wrote to...

Digital payments major Paytm may join forces with its investor Alibaba to pick up a minority stake in online grocery retailer BigBasket for about US $200 million, according to sources close to PTI. According to a PTI report: The companies...

Changing lifestyles, the comfort seeking middle class with high disposable income, and increasing urbanization has lead to casualization of both men and women’s wardrobes in India. As the segment continues to grow further, Amit Gugnani, Senior Vice President -...

Yoga guru Ramdev promoted Patanjali Ayurved has been featured among the top 10 most influential brand in India. Home grown Patanjali bagged the fourth position, Ipsos said in its report of most influential brands. Interestingly, Patanjali made an impressive entry as...

The Goods and Service Tax (GST) rollout from July 1, 2017 ushered in pre-GST sales as many retailers anticipated a higher tax rate under the new system. CashKaro.com, India’s largest cashback and coupons website, dug up some information to...