The board is split in two, with one side agreeing to the deal and the other opposing. Opposing the deal include PremjiInvest, Ratan Tata an...

Public announcement on the fate of the one of the largest e-commerce deal, orchestrated by Snapdeal’s largest investor SoftBank, could be m...

Seeks 100% shareholder nod and may back Flipkart independently

This means a `yes' from the investors and founders on the board of Snapdeal alone would not be sufficient for the deal to close.

The new offer almost matches the initial asking price of $1 billion for acquisition of the beleaguered e-commerce marketplace, sources priv...

The new offer is likely to be closer to USD 1 billion mark, which was the initial asking price for acquisition of beleaguered e-commerce ma...

SoftBank, Snapdeal's largest investor, has been proactively mediating the sale for the past few months. The board also has representation f...

The e-commerce company will need to comply with RBI's rules on foreign exchange as its holding company is domiciled in Singapore.

Snapdeal, over the past many quarters, has seen exit of senior executives like Tony Navin, Sandeep Komaravelly, Anand Chandrasekaran, Abhis...

Snapdeal said payments to sellers are made 6-10 times a month and typically, sellers receive their payments within 3-5 days of the sale of ...

According to sources, if the deal goes through, the founders will give half of their payout (USD 30 million) for the proposed scheme which ...

What probably will help Flipkart in striking a ‘right’ deal would be much better bargaining power after its latest round of funding.

Snapdeal co-founder Rohit Bansal said its team met over 10,000 customers across the country to identify the key services they wanted from e...

Snapdeal doesn’t see the campaign as ambush advertising. Brand expert Desai says consumers are entertained only when such campaigns have an...

The rivalry between country's e-commerce poster boys Flipkart and Snapdeal has always kept the social media buzzing.

Amid all the cash burn and eye-popping valuations, early investors in India's burgeoning e-commerce sector are beginning to book profits.

Lenovo has issued an advisory cautioning consumers when buying from e-commerce cos like Snapdeal, Flipkart as they are not its authorised r...