Stock Market Tips, Snapdeal board set to unlock Flipkart deal


After months of Snapdeal being a buy-out target in the volatile e-commerce market, sources close to the development have told Business Standard that the deal has not progressed, as Bengaluru-based Flipkart hasn’t yet got access to the financial books and key data related to the Kunal Bahl-led firm.  But, things could possibly change, as the Snapdeal board is set to meet this week in a bid to clear the roadblocks for the biggest consolidation in the sector, it is learned.

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