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Major News and Events of 28 March 2017

What Happened on 28 March 2017


SoftBank Pushes for a Merger Between Flipkart and Snapdeal

As per reports, Japanese giant SoftBank has called for a merger between Flipkart and Snapdeal. SoftBank is likely to acquire around 15% shares in the merged entity of Snapdeal and Flipkart. SoftBank currently owns 30% shares in Snapdeal being the largest investor. Flipkart which is based out of Bangalore is estimated to be valued at $10-11 billion.

Flipkart would be getting a strong anchor investor in form of SoftBank’s arrival giving it the required footing to battle Amazon.

Fire at Pune's National Chemical Laboratory Leads to Property Loss

As per reports, massive fire broke out at Pune’s National Chemical Laboratory in Pashan area on late Monday evening and led to the loss of property. However, casualties or injuries were not reported.

The reason of the blaze is still unknown; however, a committee has been set up to probe the reason of the fire.

10 fire tenders and 50 jawans rushed to the spot and fought fire for around an hour.




FAQs and Answers on Indian History and Geography
Which Are The Worst Polluted Indian Cities? India for years has been striving to improve its air quality in urban areas, which takes a massive toll on the health of millions of its residents. Every year, a number of its cities… Read More...
Which state of India has given maximum number of Indian cricket captains? The state of Maharashtra has seen the maximum number of players went onto represent India. Maharashtra has been a home to many famous Bollywood celebrities but this state… Read More...
Which State Has Given the Highest Number of Prime Ministers? Uttar Pradesh has given India the maximum number of Prime Ministers. There have been 14 Prime Ministers of the country so far, and eight of them have been from Uttar Pradesh… Read More...



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