Friday, 11 August 2017

Complexity of deal derailed Flipkart-Snapdeal talks: Sources


NEW DELHI: Snapdeal-Flipkart merger talks hit a dead end for a variety of reasons, including the complex structure of the deal that would have placed millions of dollars worth of tax liability on many of Snapdeal's investors, according to sources.

You can read more here: Complexity of deal derailed Flipkart-Snapdeal talks: Sources

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Narayana Murthy never doubted Vishal Sikka's performance: V Balakrishnan, former CFO, Infosys

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