The Walmart-owned e-commerce firm also appointed Yogita Shanbhag as vice president, human resources, strengthening senior leadership across finance and people functions.
The apex court remitted the matter to the NCLAT for a fresh decision, asking it to reassess the issue without relying on findings that no longer hold the field.
Flipkart IPO | The move is the latest in high-level inductions by the Walmart-owned group as it strengthens its leadership pipeline ahead of its initial public offering.
The high-school STEM platform is live in India and the US and is currently free, as the founders test a mastery-first approach to AI-driven learning, Ranjan tells Moneycontrol
On Thursday, the top court ruled against Tiger Global in a landmark case, saying its $1.6 billion stake sale in Flipkart to Walmart in 2018 should be taxed
The judgment by the Indian Supreme Court underscores how investors and the business community may need to evaluate governance and substance alongside formal documentation
The top court on January 15 said that capital gains arising out of the US-based investment firm’s exit from Flipkart are taxable under domestic laws
The revenue department will initiate action to recover taxes, a finance ministry official said Friday
Many FPIs set up shop in Mauritius or Singapore to avail zero tax on derivative market gains and these structures need to be revisited post apex court verdict
In his argument, Bansal had also stated that since he has lived in Singapore, and not India, he is not liable to pay capital taxes on the income he earned by selling his shares in Flipkart.
If you are planning to buy a new phone, Flipkart’s Republic Day Sale 2026 starting January 17 could bring big discounts on iPhone 16, iPhone 15, Samsung phones, and other popular gadgets.
The appointment follows a series of senior hires across finance, governance, technology and category leadership at Flipkart, and comes weeks after the company received regulatory approval to shift its domicile back to India ahead of a potential public listing.
Kapooria, appointed around October 2024, was Blinkit's first full-time CFO since 2022. He has now quit to rejoin Flipkart, marking his third stint with the e-commerce major, just ahead of its IPO, sources told Moneycontrol
The approval clears a key regulatory hurdle in Flipkart’s move to shift its holding company domicile from Singapore to India, as the Walmart-owned e-commerce major prepares for a potential domestic IPO.
Dan Neary has been appointed at a time when Flipkart is preparing to IPO some time next year.
Authorities will continue monitoring grievance channels such as the national consumer helpline. If complaints pour in, punitive action could follow.
Backed by Flipkart and Eight Roads, the logistics firm has turned profitable ahead of its Rs 2,000-crore IPO but high client dependence, rising lease costs and gig workforce challenges could test its delivery on the bourses
Kunal Gupta, Vice President at Flipkart, will now lead Flipkart Minutes to ensure a seamless continuation of the business and operations. Gupta has been with Flipkart for over a decade.
From WhatsApp boutiques to a billion orders, Vidit Aatrey’s Meesho cracked India’s value-conscious market. It will be the first major horizontal e-commerce platform to go public in India.
The option was given by the Enforcement Directorate to Flipkart last week under the compounding rules of FEMA
Flipkart & Amazon have taken several communication and tech enhancement measures to ensure that the GST reductions are passed on to customers.
GST reforms, early access deals and a surge in Gen Z spending have turbocharged demand across categories, from smartphones to appliances.
Launched less than a year ago, Supermoney has quickly become India’s fifth-largest UPI app, handling about 257 million transactions a month, according to data from the National Payments Corporation of India.
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