Sankalp Phartiyal
Stories by Sankalp Phartiyal
Amazon India set to take on Flipkart in small towns through Hindi website
The move to launch a Hindi app and website could give Amazon access to tens of millions of new customers in India’s small towns and villages.
India: Paytm Mall set to partner BigBasket to take on Flipkart, Amazon
Paytm Mall is also open to buying a stake in another retailer or selling a stake in Paytm Mall if a “strategic alignment” is needed.
Amazon offers to buy 60% stake in India’s Flipkart: Report
Amazon is also learnt to have offered Flipkart a breakup fee of $2 billion.
Flipkart could sell controlling stake to Walmart as early as this week
The US retail giant has been in talks with Flipkart for months to acquire a controlling stake in the firm as it looks to take on rival Amazon.com Inc
Walmart likely to clinch deal for majority stake in India’s Flipkart by June
Japan's SoftBank Group, which owns roughly one-fifth of Flipkart via its Vision Fund, is unlikely to sell any of its shares due to the low price being
Walmart completes due diligence for buying into India’s Flipkart
Walmart is looking to shell out about $10b-$12b for the stake that would value Flipkart at roughly $20 billion
India’s Paytm gets regulatory approval to sell investment products
The approval makes Paytm the first digital payments firm to sell products such as insurance and mutual funds in India.
India: Ride-hailing firm Ola eyes Australia to take on global rival Uber
Ola, founded in 2011, has been locked in a fierce battle with Uber for a bigger piece of India’s $12 billion taxi market.
India: Bharti Airtel unit selling $400m Infratel unit stake
As of end-September, Nettle owned 7.7% of Bharti Infratel, while Bharti Airtel owned 50.3% of the tower operator.
HDFC Life’s $1.3b Indian IPO nearly five times subscribed
This was the fourth billion dollar-plus IPO in India this year.
