Category: Business and Finance

World’s largest eCommerce deal – Flipkart-Walmart Deal confirmed

flipkart-walmart deal

The much-awaited Flipkart-Walmart deal is now official. US retail giant Walmart has picked up  77 percent stake in Flipkart for $16 billion, valuing it at $20 billion. With this move, it becomes the world’s largest retail deal. The Flipkart-Walmart investment also includes $2 billion of new equity funding. While the remaining stake will be held …

Continue reading

[Analysis] The Flipkart Deal – Is it going to be Flipkart-Walmart or Flipkart-Amazon ?

flipkart-walmart deal

India’s most valued startup and largest eCommerce player, Flipkart, currently valued at $12 billion, is already in the news for sometime regarding the ‘Flipkart-Walmart’ deal. Flipkart was founded in 2007 by former Amazon employees, Binny Bansal and Sachin Bansal (not related).  As per various Media reports, Walmart, world’s largest offline retailer is interested to purchase …

Continue reading

GST : A quick guide

GST

The GST (Goods and Services Tax) regime is all set to unify and simply the Indian taxation structure will be implemented from July 1, 2017. The Government has already announced the taxation rates on various categories. It is going to be a four tier taxation structure – 5, 12, 18 and 28 percent, with cess …

Continue reading

GST Impact on IT and E-Commerce Sector

GST

The GST (Goods and Services Tax) regime is all set to unify and simplify the Indian taxation structure will be implemented from July 1, 2017. GST will subsume 17 different taxes, 33 different cesses and six surcharges. The Government has already announced the taxation rates on various categories. It is going to be a four-tier …

Continue reading

Visit blogadda.com to discover Indian blogs