{"id":824825,"date":"2024-06-22T09:29:01","date_gmt":"2024-06-22T03:59:01","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=824825"},"modified":"2024-06-22T09:56:03","modified_gmt":"2024-06-22T04:26:03","slug":"softbank-signs-indemnity-clause-over-unicommerce-promoter-tag","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/22\/softbank-signs-indemnity-clause-over-unicommerce-promoter-tag\/","title":{"rendered":"SoftBank signs indemnity clause over Unicommerce &#8216;promoter&#8217; tag"},"content":{"rendered":"<p>SoftBank has entered into an indemnity agreement with Snapdeal founders &#8212; Kunal Bahl and Rohit Bansal &#8212; after markets regulator Securities and Exchange Board of India (Sebi) classified the Japanese investment major as the \u201cpromoter\u201d of IPO-bound Unicommerce eSolutions. <\/p>\n<p>The move by SoftBank is aimed at protecting its executives from future liabilities arising out of the responsibilities of being deemed a promoter of Unicommerce, a Snapdeal-backed software-as-a-service companny<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SoftBank has entered into an indemnity agreement with Snapdeal founders &#8212; Kunal Bahl and Rohit Bansal &#8212; after markets regulator Securities and Exchange Board of India (Sebi) classified the Japanese investment major as the \u201cpromoter\u201d of IPO-bound Unicommerce eSolutions. The move by SoftBank is aimed at protecting its executives from future liabilities arising out of the responsibilities of being deemed a promoter of Unicommerce, a Snapdeal-backed software-as-a-service companny<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-824825","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/824825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=824825"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/824825\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=824825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=824825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=824825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}