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SoftBank opens up wallet for Paytm; infuses Rs 9,000 crore

SoftBank opens up wallet for Paytm; infuses Rs 9,000 crore

Japanese conglomerate SoftBank has pumped in USD 1.4 billion (over Rs 9,079 crore) in Indian digital payments platform, Paytm, marking the largest fund infusion by a single investor in an Indian start-up.

Snapdeal woos customers with 'Dhamaka Sale'

Snapdeal woos customers with 'Dhamaka Sale'

Before its own possible sale to rival Flipkart, e-commerce firm Snapdeal has announced its 'Unbox Dhamaka Sale' offering customers huge discounts and attractive deals.

Snapdeal founders, Nexus reach deal with SoftBank for sale to Flipkart

Snapdeal founders, Nexus reach deal with SoftBank for sale to Flipkart

Nexus and Snapdeal founders have agreed to the terms of payment with SoftBank wherein Snapdeal founders would get $15 million each and Nexus would get $50 million to $60 million.

Impasse at Snapdeal board meeting, no decision on sale yet

Impasse at Snapdeal board meeting, no decision on sale yet

Japanese firm SoftBank on Tuesday could not manage a crucial nod from co-investor Nexus Venture Partners (NVP) for the sale of Snapdeal, possibly to Flipkart.

Snapdeal board to discuss likely sellout today

Snapdeal board to discuss likely sellout today

The board of Snapdeal is expected to meet on Monday to discuss the potential sale of India's third largest e-commerce firm to larger rival Flipkart.

Paytm in talks to raise over $1 bn funding from SoftBank

Paytm in talks to raise over $1 bn funding from SoftBank

SoftBank is the largest shareholder in Snapdeal, which is locked in an intense battle with Amazon India and Flipkart.

Netizens uninstall Snapdeal app instead of Snapchat

Netizens uninstall Snapdeal app instead of Snapchat

In a case of mistaken identity, many people downgraded and uninstalled the mobile application of e-commerce platform 'Snapdeal' instead of social networking app 'Snapchat' to mark their protest against certain unverified comments of Snapchat CEO about the Indian market.

Snapdeal to dole out up to 15% pay hike amid sell-off buzz

Snapdeal to dole out up to 15% pay hike amid sell-off buzz

E-commerce major Snapdeal will shell out an average pay hike of 12-15 percent as it looks to assure employees amid the online marketplace scouting for a potential buyer.

Flipkart raises $1.4 billion, acquires eBay business in India

Flipkart raises $1.4 billion, acquires eBay business in India

India's largest e-commerce firm Flipkart has raised $1.4 billion from Tencent Holdings, Microsoft Corp and eBay Inc amid speculation that the online marketplace is in talks to take over smaller rival Snapdeal.​

Snapdeal promises better salary structure to employees

Snapdeal promises better salary structure to employees. Watch the full segment for more details.

Snapdeal founders move to calm employees amid takeover speculation

Snapdeal founders move to calm employees amid takeover speculation

Snapdeal has so far declined to comment on sale talks and said that it remains focused on achieving profitability.

SoftBank in talks with potential suitors to sell FreeCharge?

SoftBank in talks with potential suitors to sell FreeCharge?

SoftBank is reportedly trying to sell FreeCharge separately for as low as $150-200 million.

SoftBank preps Snapdeal for sale, looks to buy Kalaari, Nexus stakes

SoftBank preps Snapdeal for sale, looks to buy Kalaari, Nexus stakes

At a board meeting of Jasper Infotech, SoftBank showed interest in buying a part of the stake owned by Kalaari and Nexus.

Micromax Spark Vdeo smartphone at Rs 4,499 available on Snapdeal from today

Micromax Spark Vdeo smartphone at Rs 4,499 available on Snapdeal from today

With a 4.5inch screen, Micromax Spark VDEO is coupled with a 5MP rear camera and a 2MP front camera.

Snapdeal says not in talks for sale

Snapdeal says not in talks for sale

Indian e-commerce marketplace Snapdeal on Wednesday denied it was in talks for a potential sale, after the Mint newspaper reported the company was in discussions with domestic rivals for a potential sale.

Snapdeal appoints Jason Kothari as CEO of FreeCharge

Snapdeal appoints Jason Kothari as CEO of FreeCharge

In addition to taking on the role of CEO, Jason will continue his key leadership role as Chief Strategy and Investment Officer at Snapdeal.

Snapdeal partners JETRO to showcase Japanese products

E-commerce major Snapdeal has partnered with Japan External Trade Organization (JETRO), to showcase popular Japanese SME products on the online marketplace.

Paytm hires Snapdeal, Stayzilla ex-staffers with generous job offers

Paytm hires Snapdeal, Stayzilla ex-staffers with generous job offers

With hundreds of employees being handed out pink slips by companies such as Snapdeal and Stayzilla, rival e-commerce firm Paytm is walking into the ring by offering generous job offers to laid-off staffers.

Snapdeal founders take 100% salary cut

Snapdeal founders take 100% salary cut

Snapdeal co-founders Kunal Bahl and Rohit Bansal have taken a 100 percent salary cut, while many others at the firm have "proactively" offered significant reduction in compensation.

 Snapdeal to lay off 600 people across e-commerce, logistics and payments operations over next few days

Snapdeal to lay off 600 people across e-commerce, logistics and payments operations over next few days

Around 600 people will be laid off by e-commerce major Snapdeal across its e-commerce, logistics and payments operations over the next few days.