PYMNTS

JULY 19, 2017

Flipkart, the Indian eCommerce company moved to raise its offer of to up to $950 million for Snapdeal, boosting the chances of the deal going through. A previous Reuters report pegged the price tag for the deal at between $800 million and $850 million, which Snapdeal’s board rejected. Snapdeal employs 1,500, noted the report.

eCommerce 40

eCommerce Valuation Planning Retail 40

PYMNTS

AUGUST 24, 2020

The news comes as a new Indian equalization measure came into existence in 2020 that puts a 2 percent tax on every digital transaction that foreign online shopping firms conduct. The services are not currently registered as distinct entities, although they are provided to users in the nation.

Compliance 61

Compliance eCommerce Retail Marketing 61

PYMNTS

OCTOBER 9, 2018

FinTech firm ToneTag said earlier this month that it has linked with First Abu Dhabi Bank, the largest bank in the United Arab Emirates (UAE). The FinTech firm — which offers software that enables sound-wave-based payments — is used by investors such as Amazon , Reliance Capital and Mastercard.

Communication 60

Communication Transportation Retail B2B 60

Barry Ritholtz

JULY 11, 2023

She’s been with the firm for decades. You were kind of young in the firm in ’92 when this took place. So we really left it standalone on the investment side and then integrated the rest of the firm. And then you … RITHOLTZ: And that’s going to create opportunities for firms that are filling that void.

Mergers and Acquisitions (M&A) 85

Mergers and Acquisitions (M&A) Investments Finance Technology 85

PYMNTS

FEBRUARY 10, 2020

firms operating on an international scale — is about to get more heated. The new TDS will apply to the gross amounts charged for sales or services done through eCommerce operators, indicating that platform firms are the intended payors (in addition to the firms on the platforms). ‘Rent-A-Bank’ Practices Examined.

eCommerce 70

eCommerce Banking Sales Retail 70

PYMNTS

FEBRUARY 26, 2020

As more financial service providers explore how to capitalize on corporates’ growing adoption of commercial cards, firms are looking at the card as a way to round out their products and services with a more holistic offering. Shell Combines Cards, Telematics for Indian Fleets. banking license, it said.

B2B 60

B2B Accounts Payable Securities Accounting 60

PYMNTS

AUGUST 4, 2016

” Though often attributed to Niccoló Machiavelli, the 2,400-year-old expression actually comes via Machiavelli’s Indian counterpart Kautilya, who first used the expression in his Sanskrit epic the Arthashastra in the 4th century BCE. On one hand, they are very different firms. “The enemy of my enemy is my friend.”

Valuation 40

Valuation eCommerce Retail Construction 40