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Snapdeal files IPO papers to raise Rs 1,250 croreSnapdeal's IPO consists of a fresh issue of shares worth Rs 1,250 crore and an offer for sale of 30.77 million shares, according to its dra...- Tiger mints another unicornAlso in today's ETtech Top 5 newsletter: Chargebee becomes unicorn after Tiger Global funding; Mobile Premier League buys GamingMonk in onl...
- Expect Paytm Mall biz to break even in a year: Vijay Shekhar Sharma"Paytm Mall business is close to break-even, USD 3 million EBIDTA loss a month and USD 1.2-1.3 billion run rate. In a day, we do 275,000-30...
- Walmart submits to I-T dept details of tax deducted from each Flipkart investorWithholding tax, or retention tax, is an income tax to be paid to the government by the payer of the income rather than by the recipient of...
- 'Walmart paid Rs 7,439 crore tax on Flipkart deal; did not deduct taxes from 34 shareholders'US retail giant Walmart Inc had on September 7 said it has complied with the tax obligations of its $16 bn acquisition of India's largest o...
- Have complied with tax obligations in Flipkart deal: WalmartOf the 44 shareholders of Flipkart who have sold stake to Walmart, the significant ones include SoftBank, Naspers, venture fund Accel Partn...
- IT dept to wait till September 7 for Walmart to pay tax on Flipkart dealAs per the provisions of the I-T law, Walmart has to deduct withholding tax on payments made to sellers and deposit it with the Indian auth...
- Walmart may approach income tax department to determine tax liability in Flipkart dealIn May, the I-T department had written to Walmart, saying that the US company can seek guidance about the tax liability under Section 195 (...
- Flipkart deal: Tax department will act once Walmart obtains regulatory nodThe department is currently studying the details received from the company, the official said, adding that they can issue notices seeking d...
- View: Walmart's big Flipkart deal is an admission of defeatWalmart would’ve struggled to open its own e-commerce business as well, given that India doesn't permit foreign investment in online retail...
- SoftBank fund is said to be in talks to invest $2 billion in FlipkartThe fund is looking at putting between $1.5 billion and $2 billion into the largest Indian e-commerce operator within the next two months, ...
- Flipkart-Snapdeal pact may need approvals from Premji, TataFlipkart-Snapdeal combination is aimed at creating a stronger local competitor to battle Amazon, that has become the fourth-most valuable c...
- Battle of billionaires as Son set to clash with Bezos in IndiaTo get the merger done, Son is willing to cut Snapdeal's valuation 85% to $1 billion, said the people, asking not to be named because the t...
- Flipkart said to raise $1 billion with plans for $1 billion moreThe 10-year-old startup is fighting for its life against Amazon.com Inc. and other rivals looking for a piece of the fast-growing India mar...
- Newspapers to offer CouponDunia discount coupons in Mumbai, Delhi and BengaluruThe coupons will be against 40 brands. To avail the discounts, consumers need to cut out the coupons and redeem it at CouponDunia's partner...
- Ecommerce sites altering policies to avoid low returnsAvanni’s increasing appetite for shopping online 20 times a month on average should delight electronic marketplaces such as Flipkart and Am...
- Flipkart can acquire fashion portals like Zovi, YepMeAmong the companies most likely to be under consideration are two fashion portals, Zovi and YepMe, which sell exclusively on the web.
- Warburg Pincus leads $32 million investment in QuikrWarburg Pincus has led a $32 million investment round in internet and mobile based classifieds venture, Quikr, the company's CEO Pranay Chu...
- SC stays proceedings against eBay, its chiefThe Supreme Court today stayed the proceedings against auction portal eBay India Pvt Ltd and its chief Avinash Bajaj for allegedly permitti...
- MMS case: HC offers partial relief to website's ex-MDThe Delhi High Court today declined to quash the entire chargesheet against a website's former MD filed for allegedly displaying a MMS clip...
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