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Area Sales Manager-Agency | Life Insurance-Thanjavur
Permanent · Thanjavur
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Area Sales Manager-Agency | Life Insurance-Karjat
Permanent · Karjat
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Area Sales Manager-Agency | Life Insurance-Darjeeling
Permanent · Darjeeling
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Area Sales Manager-Agency | Life Insurance-Ankleshwar
Permanent · Ankleshwar
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Area Sales Manager-Agency | Life Insurance-Pali
Permanent · Pali
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Area Sales Manager-Agency | Life Insurance-Kurseong
Permanent · Kurseong
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Area Sales Manager-Agency | Life Insurance-Kumbakonam
Permanent · Kumbakonam
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Area Sales Manager-Agency | Life Insurance-Dausa
Permanent · Dausa
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Area Sales Manager-Agency | Life Insurance-Siana
Permanent · Siyana
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Area Sales Manager-Agency | Life Insurance-Tirupur
Permanent · Tiruppur
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Area Sales Manager-Agency | Life Insurance-Kashipur
Permanent · Kashipur
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Area Sales Manager-Agency | Life Insurance-Dibrugarh
Permanent · Dibrugarh
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Area Sales Manager-Agency | Life Insurance-Aurangabad
Permanent · Aurangabad
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Area Sales Manager-Agency | Life Insurance-Palitana
Permanent · Palitana
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Area Sales Manager-Agency | Life Insurance-Rajgir
Permanent · Rajgir
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Area Sales Manager-Agency | Life Insurance-Gandhidham
Permanent · Gandhidham
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Area Sales Manager-Agency | Life Insurance-Tirupati
Permanent · Tirupati
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Area Sales Manager-Agency | Life Insurance-Lonavala
Permanent · Lonavala
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Area Sales Manager-Agency | Life Insurance-Durgapur
Permanent · Durgapur
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Area Sales Manager-Agency | Life Insurance-Balasinor
Permanent · Balasinor
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Area Sales Manager-Agency | Life Insurance-Panhala
Permanent · Panhala
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Area Sales Manager-Agency | Life Insurance-Ranchi
Permanent · Ranchi
By
Reuters
Published
May 7, 2018
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Flipkart approves $15 billion stake sale to Walmart-led group

By
Reuters
Published
May 7, 2018

Indian e-commerce firm Flipkart’s board has approved a deal to sell an equity stake of about 75 percent in the company to a group led by Walmart Inc for about $15 billion, Bloomberg reported on Friday, citing unnamed sources.

Reuters


SoftBank will sell its 20-plus percent stake as part of the deal, Bloomberg said, adding Google’s parent Alphabet Inc was likely to participate in the investment with Walmart.

A final close of the deal is expected within 10 days, although deal terms could still change and a deal isn’t certain, Bloomberg reported.

Flipkart and Alphabet did not immediately respond to requests for comment. Walmart and SoftBank declined to comment.

Earlier this week, Indian TV channel CNBC-TV18 reported that Amazon.com Inc has made a formal offer to buy 60 percent of Flipkart. Amazon, which is Flipkart’s biggest rival in India, declined to comment on that report.

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