Flipkart’s recent acquisition of Walmart India is facing a big challenge as the All India Online Vendors’ Association (AIOVA) has approached the Competition Commission of India (CCI) against this deal...
Flipkart partners Cleartax to connect sellers with CAs
Flipkart, India’s largest e-commerce marketplace, has partnered with Cleartax, a leading online tax and investing platform, to help sellers connect with specialist chartered accountants (CAs), offering various tax and...
Flipkart-eBay India merger done; sellers can now take products global
Flipkart, India’s largest e-commerce marketplace said it will begin offering the global inventory of eBay to Indian consumers while taking the products of thousands of sellers in the country to eBay’s...
Why is Warranties & Indemnities Insurance Important for Buyers and Sellers?
In the last article, we have discussed why Warranties & Indemnities (W&I) Insurance is important. We now will discuss the products features, its uses and advantages. One of the leading insurers for this line of...
Agricultural merger mania fuels fears among small seed sellers
The U.S. Justice Department is looking into concerns that global consolidation among major seed and agricultural chemical companies may squeeze supplies of the building blocks for widely used genetically modified seeds...
Lucas Energy anticipates by end of Q2, it will close its pending acquisition of assets from various sellers
Lucas Energy Inc * Says anticipates that by end of its q2 of fiscal 2017, it will close its pending acquisition of assets from various sellers * Operating undergoing concern since December 31, 2014, which corresponded...
IKAV, VTTI buy majority stake in Italy’s biggest LNG terminal
Dutch infrastructure group VTTI and German asset manager IKAV have teamed up to buy a majority stake in Italy’s biggest liquefied natural gas terminal, VTTI said on Wednesday. Under the deal, ExxonMobil will sell...
Omkara ARC acquires Park Hyatt Hyderabad’s bad loans at 34% discount
Manish Lalwani-promoted Omkara ARC has acquired Park Hyatt Hyderabad’s loans for ₹300 crore from lenders at a 34% discount from sellers that included BlackRock and JM Financial. The all-cash deal involved Omkara...
ITC share price falls over 2% as BAT looks to sell a ‘small part’ of its stake as soon as this week
ITC share price fell over 2% in early trade on Monday after reports that British American Tobacco Plc was looking to sale of part of its stake in the Indian partner as soon as this week. ITC shares fell as much as 2.46%...
Vertoz Ventures into the CloudTech Sector through the Strategic Merger
While the Company already specializes in MadTech solutions with its diverse platforms and services that facilitate a wide range of digital marketing and advertising technology, this amalgamation will add a plethora of...
Wipro picks minority stake in SDVerse with nearly $6-million investment
IT services and consulting major Wipro said on Tuesday it has invested $5.85 million (Rs 48.5 crore) to acquire a 27% stake in SDVerse, an automotive software marketplace, along with General Motors (GM) and Magna...
Chalet Hotels acquires Courtyard by Marriott Aravali for Rs 315 crore
Chalet Hotels Limited (CHL) said on Friday it has executed ‘definitive’ agreements for the acquisition of the 158-room Courtyard by Marriott Aravali resort. The resort is spread over 14 acres of land. CHL...