SoftBank may keep its Flipkart shares until 2019 to save tax
SoftBank is planning to retain all of its shares in Flipkart until next year to avoid paying a large tax, according to reports. SoftBank is yet to decide when and how much of its 20-21% holding in the homegrown e-commerce firm it will sell, reports claimed. "We are open to good offers for Flipkart," SoftBank CEO Masayoshi Son said earlier.