News digest: Karnataka exit polls, Flipkart IPO, Indian B-schools and more

  Walmart may bring an IPO to make Flipkart public in as little as 4 years

Nearly 70 per cent of the 49.6 million electorate in Karnataka voted on Saturday to elect a new Assembly. As the voting ended at 6:30 in the evening, four of the seven polling agencies predicted in their exit polls that the Bharatiya Janata Party (BJP) would emerge the single-largest party when votes are counted on Tuesday. Read more
 
Karnataka poll: 4 of 7 exit polls bet on BJP; counting of votes on May 15

US retail giant Walmart is looking to retain Flipkart co-founder Binny Bansal and other minority investors such as Tiger Global for at least four years, promising that it will protect the valuation of their shareholding and offer them the potential upside of taking the company public. Read more

 
Future imperfect? Indian B-schools face dearth of students, quality faculty

About a year ago, Apollo Institute of Management in Durg, Chhattisgarh, was about to release newspaper advertisements announcing its management programme. But it had to shelve the plan. The mandatory cap on annual fees made it financially unviable to run the college. Read more
 
 Nasa wants to send a mini-helicopter to explore secrets of the Red Planet

NASA currently has two cars roaming Mars — the Opportunity and Curiosity rovers. But the next one it will send there will carry a vehicle with a new approach for planetary exploration: A helicopter. Read more