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WALMART MAURITIUS HOLDINGS
Rajasthan Royals' $1.63 billion buyout delayed on funding, legal hurdlesThe proposed $1.63 billion buyout of IPL franchise Rajasthan Royals has been delayed due to funding challenges, regulatory concerns and com...
I-T dept to proceed with Tiger Global's capital gains tax assessment in 2018 Flipkart-Walmart dealFollowing the Supreme Court's ruling, India’s tax department will resume assessing capital gains from Tiger Global’s 2018 Flipkart exit. Th...
SC rules against Tiger Global: A timeline of the tax battleIndia’s Supreme Court ruled Tiger Global must pay capital gains tax on its 2018 Flipkart exit, reshaping treaty interpretation. The court h...
SC rules Tiger Global must pay capital gains tax for 2018 Flipkart-Walmart deal: All you need to knowTiger Global and tax authorities have been locked in a legal tussle over its 2018 stake sale in Indian ecommerce company Flipkart to Walmar...
Supreme Court stays Delhi HC order exempting Tiger Global from capital gains tax in Flipkart-Walmart dealThe Supreme Court has suspended a Delhi High Court exemption that allowed Tiger Global to avoid capital gains tax on its Flipkart stake sal...
Delhi HC stays tax assessment proceedings against Tiger Global on Flipkart-Walmart dealThe Delhi High Court has issued notice to income tax authorities for filing a response within 10 weeks, and will hear the matter next on Ja...
Tiger Global moves High Court seeking stay against Flipkart-Walmart deal tax rulingAccording to people familiar with the matter, Tiger Global International IV Holdings has filed an appeal in the Delhi High Court where it h...
Tiger Global's tax dodge on Flipkart-Walmart deal is making Mauritius investors waryThree Mauritius-based investment arms of Tiger Global had approached the AAR after the Income Tax Department rejected their application see...
AAR order on Tiger Global to spur taxmen to assess location of 'head and brain' of an entity:ExpertsThe AAR, in its ruling, said the investment was routed through the Mauritius entity only to benefit from the India-Mauritius tax treaty whi...
Overseas sellers of Flipkart shares under I-T lensThe tax authorities want to ascertain if the withholding tax liability has been duly discharged.
All details in, taxmen begin solving the Walmart-Flipkart tax riddleI-T dept had written to Flipkart, prior to the deal’s announcement, seeking details of the transaction to examine the tax implications of t...
'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...
Walmart gets CCI's approval to buy Bharti's 50% stake in Indian JVWalmart has got fair trade regulator CCI's green signal for purchase of Bharti group's almost 50 per cent stake in their Indian joint ventu...
Walmart Stores unlikely to convert $100 mn loan into equity of Indian retail armWalmart had invested $100 mn via CCDs into Cedar Support Services, the holding firm of Bharti Retail, with an option to convert it into a 4...
Walmart's investment in Cedar violates FEMA, RBI rules: CBIThe CBI, in its letter, said the matter was "analysed" by the agency and it "revealed violations of RBI guidelines and FEMA regulations".
Rajan Mittal quit Bharti Retail after ED launched probeRajan Mittal resigned as director of Bharti Retail, barely weeks after ED launched a probe into a controversial investment by Walmart Store...
ED serves notice to Walmart, Bharti GroupThe government has recently said that the ED is probing whether Walmart flouted India's foreign exchange regulations while investing in Ced...
RBI not "taken on record" Walmart remittance into Bharti firmThe Reserve Bank has "not taken on record" the documents filed for investment of Rs 455 crore by Walmart into Bharti group firm Cedar Suppo...
PMO orders DIPP to examine allegations against WalMart bypassing norms to invest Rs 456 crore in BhartiPMO has directed DIPP to examine allegations that WalMart bypassed Indian norms to invest Rs 456 crore in Bharti Retail.
RBI has no FDI data of Wal-Mart's Rs 455 crore in Bharti unitWal-Mart Stores Inc has invested Rs 455.8 crore in a subsidiary of Bharti Ventures in 2010 via its Mauritius arm but the RBI has no FDI dat...