Infibeam to buy Snapdeal's Unicommerce in Rs 120-cr deal

May 07 2018

Ahmedabad-based Infibeam today said it will acquire Snapdeal's subsidiary Unicommerce, which offers e-commerce enablement software, in a deal worth up to Rs 120 crore.

China Unicom targets fast profit growth after ownership reform

Mar 15 2018

Chinese telecom carrier China United Network Communications is targeting compounded annual profit growth of 68.7 percent through 2020, Chairman Wang Xiaochu said.

China will pull private capital into state-owned enterprises

Dec 28 2017

The private companies concerned will take comfort that cooperation could reduce political risk. But for the broader reform agenda, half-measures will likely be worse.

China Unicom's $12 bn ownership-reforms plan mired in confusion

Aug 18 2017

Telecoms group China Unicom's $11.7 billion ownership-reforms plan, billed as a model case for revitalizing Chinese state firms with private capital.

China Unicom to raise $12 billion from Alibaba, Tencent, others

Aug 16 2017

Telecoms group China Unicom is raising $11.7 billion from about a dozen investors including tech giants Alibaba Group and Tencent Holdings, as part of Beijing's push.

Flipkart revises Snapdeal buyout offer to $900-950 mn

Jul 18 2017

Online retailing major Flipkart is believed to have sent a revised offer of USD 900-950 million to buy smaller rival, Snapdeal, according to sources.

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