Bengaluru based firm – Flipkart has offered a revised sum of $ 900 – 950 million to acquire Snapdeal. The deal is still under discussion and yet to be finalized. Snapdeal’s board is very likely to accept the revised offer as reported. Snapdeal had earlier rejected the earlier deal which amounted up to $800-850 million. In case the Snapdeal board accepts the new offer from Flipkart, the two parties will negotiate a sale and purchase agreement (SPA). The final amount would be subject to minor adjustments for cash and equivalent assets. The deal between Snapdeal and Flipkart, if completed, would mark the biggest acquisition in the Indian e-commerce space.
A day before the Ram Mandir bhoomi pujan in Ayodhya Uttar Pradesh Congress leader Priyanka Gandhi has issued a statement in support of the ceremony saying the event can be a celebration of national unity in India along with friendship and brotherhood among all In a statement on Tuesday Priyanka Gan
Japanese startup Donut Robotics has developed a smart mask that connects to the users smartphone or tablet through an app via Bluetooth Once connected it can be used to make calls and send texts remotely without accessing the smartphone and can also translate from Japanese into eight other languages
NEW DELHI The Indian Premier League Governing Council IPL GC met today via videoconference to decide on the issues concerning the VIVO IPL 2020 edition Taking note of the prevailing COVID19 situation in India the IPL GC decided to stage the tournament in the United Arab Emirates UAE and the matches
NewDelhi Home Minister Amit Shah took to Twitter to reveal he has tested positive for coronavirus My health is fine but Im being admitted to the hospital on advice of doctors he added I request that all of you who have come in contact with me in the last few days please isolate yourself and get your
NewDelhi Former Samajwadi Party leader and sitting Rajya Sabha MP Amar Singh has passed away today in Singapore He was 64 and had been hospitalised for a long time Amar Singh had been battling health issues for several years In 2015 he was once rushed to the Fortis Hospital in New Delhi after he c