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FLIPKART SINGAPORE
Global creditors drag Udaan's parent to bankruptcy court in Singapore after $170-million bond defaultInsolvency petition filed this week, A&M appointed as liquidator of B2B commerce company. Ten year old co has seen valuations crash 70% as ...- Critical Stage: India's concert boom has a venue problemIndia's booming live entertainment scene, evidenced by massive ticket sales for global and local artists, faces a critical hurdle: a severe...
- Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.
- Zepto shares crash 30% in unlisted market despite Sebi nod for IPO. What's cooking?Zepto’s unlisted shares have dropped sharply despite Sebi approval for its IPO, signalling investor caution in a volatile market. The decli...
- SC quashes CCI’s Rs 202 crore penalty on Amazon over Future Coupons dealThe Supreme Court has overturned a Rs 202-crore penalty imposed on Amazon by the Competition Commission of India. This penalty was related ...
- Udaan in talks to raise $50-60 million from existing backers Lightspeed, M&G: sourcesThe Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated a...
- Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
- Flipkart pauses IPO discussions amid rising volatility in marketsWalmart-owned Flipkart has indefinitely paused its IPO plans due to rising market volatility and a crowded pipeline of upcoming public issu...
- Sebi approves over $1 billion Zepto IPO; 5 other companies also get nodSebi has approved Zepto’s IPO, paving the way for a potential Rs 12,000 crore listing in 2026. The quick commerce startup aims to strengthe...
- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- IPO-bound Flipkart elevates Minutes head Kunal Gupta to SVP amid quick commerce pushFlipkart’s quick commerce arm, Minutes, has elevated Kunal Gupta to Senior Vice President (SVP) from Vice President (VP), according to an i...
- Flipkart may launch standalone app for quick commerce business MinutesFlipkart is preparing to launch a dedicated app for its quick commerce service, Flipkart Minutes. This move aims to boost visibility and br...
- Exclusive: IPO-bound Flipkart completes reverse flip; shifts domicile from Singapore to IndiaFlipkart has completed its reverse flip, moving its domicile from Singapore back to India after receiving approvals, including from the NCL...
- Govt may land $1 billion in taxes from PhonePe’s India shift, new raiseThis is due a long-term capital gains tax payout that will be made to the government as PhonePe is raising fresh capital from investors at ...
- Sachin Bansal pays Rs 699 crore advance tax on gains from Flipkart saleThis includes capital gains tax from his income on sale of Flipkart stake to US retail giant Walmart.
- Tax department rejects exemption plea in Flipkart-Walmart dealTax officials are inquiring into the mismatch between lower losses booked by the e-retailer in earlier years compared to the loss of Rs 46,...
- Tax department to seek share purchase pact from Flipkart to ascertain tax liabilityTo ascertain the exact tax liability, the revenue dept will write to Flipkart seeking the share purchase agreement that the company had ent...
- How Softbank could dodge the tax bullet on its Flipkart stakeS'pore & Jersey have a tax treaty may have also been a factor in SoftBank’s decision to invest in Flipkart S'pore via Jersey. India does no...
- 'Flipkart founders may be liable for 20% capital gains tax after stake sale to Walmart'Walmart is likely to buy stakes of multiple Flipkart investors, including that of Tiger Global and Japanese conglomerate Softbank, to end u...
- Flipkart’s Snapdeal acquisition may face Fema bumpThe e-commerce company will need to comply with RBI's rules on foreign exchange as its holding company is domiciled in Singapore.
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