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  • SC's Tiger Global tax verdict on investments via Mauritius rattles global investors

    SC's Tiger Global tax verdict on investments via Mauritius rattles global investors

    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

  • Not all disputes can be termed as tax terrorism: Tax dept clarifies after SC's Tiger Global verdict

    Not all disputes can be termed as tax terrorism: Tax dept clarifies after SC's Tiger Global verdict

    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

  • Centre to start recovery of taxes from Tiger Global after SC verdict

    Centre to start recovery of taxes from Tiger Global after SC verdict

    The revenue department will initiate action to recover taxes, a finance ministry official said Friday

  • Supreme Court rules against Tiger Global in 2018 Walmart deal tax case

    Supreme Court rules against Tiger Global in 2018 Walmart deal tax case

    Tiger Global had been locked in a legal tussle with Indian tax authorities over the 2018 stake sale, a deal that was part of U.S. retail giant Walmart's $16 billion acquisition of Flipkart.

  • SC to rule on Tiger Global's 2018 deal with Walmart in landmark tax case today

    SC to rule on Tiger Global's 2018 deal with Walmart in landmark tax case today

    The ruling will have implications for how India applies tax principles in cross-border deals.

  • Google teams up with Walmart, other retailers to enable shopping within Gemini AI chatbot

    Google teams up with Walmart, other retailers to enable shopping within Gemini AI chatbot

    The role of artificial intelligence in e-commerce and its impact on consumer behavior are expected to dominate the three-day event

  • Walmart CEO set to retire soon makes Rs 1.4 lakh every 30 minutes amid pay gap debate

    Walmart CEO set to retire soon makes Rs 1.4 lakh every 30 minutes amid pay gap debate

    As Doug McMillon steps down at the end of this month, his compensation highlighted the vast gaps between top executives and ordinary workers in the US.

  • Walmart to join Nasdaq 100 on January 20 as AstraZeneca exits

    Walmart to join Nasdaq 100 on January 20 as AstraZeneca exits

    Walmart’s addition follows its move last year to shift its stock listing from the New York Stock Exchange to Nasdaq, the largest exchange transfer on record.

  • Waltons stay world’s richest family: Who they are and how they built a $513 billion fortune

    Waltons stay world’s richest family: Who they are and how they built a $513 billion fortune

    Walmart, founded in 1962 in Rogers, Arkansas, has grown into the world’s largest retailer by revenue, clocking $681 billion in annual sales.

  • Walmart-owned Flipkart appoints former Meta executive Dan Neary to company board

    Walmart-owned Flipkart appoints former Meta executive Dan Neary to company board

    Dan Neary has been appointed at a time when Flipkart is preparing to IPO some time next year.

  • Walmart-owned Myntra to expand to Malaysia, UAE and Australia months after Singapore foray

    Walmart-owned Myntra to expand to Malaysia, UAE and Australia months after Singapore foray

    Myntra’s chief Nandita Sinha had earlier told reporters the company sees over 30,000 customers visit its platform from Singapore each month

  • Walmart jumps to Nasdaq in biggest exchange transfer on record

    Walmart jumps to Nasdaq in biggest exchange transfer on record

    Nasdaq said last year that some 40 members of the S&P 500 have migrated, with 24 of those companies now in the Nasdaq-100 index.

  • Walmart CEO McMillon to retire in January, US operations chief Furner will take over

    Walmart CEO McMillon to retire in January, US operations chief Furner will take over

    McMillon's retirement is effective Jan 31, 2026. Furner will start as CEO the next day.

  • General Atlantic pumps $600 mn into PhonePe ahead of IPO

    General Atlantic pumps $600 mn into PhonePe ahead of IPO

    The latest round, aimed at helping employees meet ESOP-related tax obligations, doubles General Atlantic’s stake to 9% as PhonePe gears up for a $1.35 billion public listing.

  • Walmart owned PhonePe files for mega IPO of around Rs 12,000 crore via confidential route

    Walmart owned PhonePe files for mega IPO of around Rs 12,000 crore via confidential route

    The proposed IPO is a pure OFS or offer for sale with participation from Walmart and investors Tiger Global and Microsoft

  • Walmart-backed Flipkart invests $30 million in fintech arm Supermoney

    Walmart-backed Flipkart invests $30 million in fintech arm Supermoney

    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.

  • PhonePe to file for IPO via confidential route by September-end

    PhonePe to file for IPO via confidential route by September-end

    IPO likely to be sized at Rs 10,000–13,000 crore ($1.2–1.5 billion) and will be a mix of fresh issue and offer for sale. Walmart, Tiger Global and General Atlantic likely to be among the key investors who might seek part-monetisation via the IPO

  • Walmart HR head says she 'never believed in the term work-life balance'

    Walmart HR head says she 'never believed in the term work-life balance'

    For Walmart’s chief people officer Donna Morris, the key is flexibility. She believes that rigid boundaries between work and personal life are not always realistic, especially in leadership roles.

  • Indian GCCs power Agentic AI, core infrastructure for global operations: Walmart CTO

    Indian GCCs power Agentic AI, core infrastructure for global operations: Walmart CTO

    Walmart employs millions worldwide, and while acknowledging that roles will evolve, Suresh Kumar, Chief Technology Offier and Chief Development Officer, highlighted that the company expects headcount to remain stable.

  • Walmart to appoint Flipkart senior vice president Bharath Reddy to its Global Tech Team

    Walmart to appoint Flipkart senior vice president Bharath Reddy to its Global Tech Team

    Reddy is an alumnus of IIT Bombay and IIM Calcutta. Flipkart is in the process of appointing a new leader for its IT & InfoSec functions, CEO Krishnamurthy told employees in an internal email.

  • Quick commerce investments in Flipkart, Myntra pressure Walmart International’s profit margins

    Quick commerce investments in Flipkart, Myntra pressure Walmart International’s profit margins

    Walmart is betting big on 15-minute fulfilment in India, even as rising infrastructure and discounting costs test the profitability of its international arm

  • Walmart HR head says 'nobody' will want to hire employees who 'bring the problem, never the...'

    Walmart HR head says 'nobody' will want to hire employees who 'bring the problem, never the...'

    Donna Morris spoke about red flags in employees that can erode trust and limit career growth.

  • Flipkart’s Kanchan Mishra to take over Mobiles business after VP Smrithi Ravichandran quits

    Flipkart’s Kanchan Mishra to take over Mobiles business after VP Smrithi Ravichandran quits

    With the new role, Mishra will become a key person at Flipkart as she will overlook the operations of up and coming Minutes, the quick commerce arm of Flipkart and Mobiles, a key revenue driver for the company.

  • Early Diwali for Flipkart employees as it completes $50 million ESOP buy back from over 7,000 staffers

    Early Diwali for Flipkart employees as it completes $50 million ESOP buy back from over 7,000 staffers

    The ESOP liquidity event comes at a time when a growing list of companies such as Blinkit, Swiggy, Zepto and several others are poaching from Flipkart.

  • Walmart’s PhonePe is said to seek $1.5 billion for India IPO: Report

    Walmart’s PhonePe is said to seek $1.5 billion for India IPO: Report

    The deal would value the fintech company at about $15 billion, and PhonePe is planning to submit a draft red herring prospectus for the listing by as early as August, says report

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