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 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
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.
The ruling will have implications for how India applies tax principles in cross-border deals.
The role of artificial intelligence in e-commerce and its impact on consumer behavior are expected to dominate the three-day event
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’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.
Walmart, founded in 1962 in Rogers, Arkansas, has grown into the world’s largest retailer by revenue, clocking $681 billion in annual sales.
Dan Neary has been appointed at a time when Flipkart is preparing to IPO some time next year.
Myntra’s chief Nandita Sinha had earlier told reporters the company sees over 30,000 customers visit its platform from Singapore each month
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.
McMillon's retirement is effective Jan 31, 2026. Furner will start as CEO the next day.
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.
The proposed IPO is a pure OFS or offer for sale with participation from Walmart and investors Tiger Global and Microsoft
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.
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
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.
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.
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.
Walmart is betting big on 15-minute fulfilment in India, even as rising infrastructure and discounting costs test the profitability of its international arm
Donna Morris spoke about red flags in employees that can erode trust and limit career growth.
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.
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.
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