The all cash deal is expected to close by the end of next month.
Under Project Udaan, Amazon has appointed offline associates across retail points like kirana stores, medical stores and mobile shopping outlets
The service in US is available for Rs. 6,700 annually but in India the price will be much lower
Flipkart’s shares which was earlier valued at $103.97 per share as of December 2015, is now marked down at $87.9 per share as of March 2016.
The company will remotely continue to operate in the markets from India headquarters.
If the company fails to raise a fresh funding soon, the company may even shut down a few offices in the next six months.
Helpchat recently removed its chat feature from the app, which raised many questions. Ankur Singhal, Founder and CEO of Helpchat has finally put his case to rest and why he decided to pivot the company from a chat based model to a personal assistant one.
It is a Microsoft Venture’s alumni who has their India operations out of Indore.
This package makes him one of the top paid executives in the world for the second year in a row.
Flipkart has assured that all the students will be recruited but no extra compensation will be given as asked by the institute.
The All-IITs Placement Committee which comprises of all the placement cell heads across all IITs, will meet soon
The AC first class passengers will be charged with the same fare while AC II passengers will be charged AC II fares plus Rs 1,500.