Flipkart
ITAT backs Flipkart, says discounts are deductible expense
26 Apr 2018
In a ruling that has wide ramifications especially for ecommerce, the Income Tax Appellate Tribunal has rejected the revenue department’s stand that discounts given by Flipkart should be reclassified as capital expenditure and taxed as such
Walmart, eBay to hold talks over Flipkart; SoftBank holding out
18 Apr 2018
Walmart might have to negotiate with eBay, which holds a 5 per cent stake in Flipkart, to thrash out merchandising issues. Meanwhile SoftBank, which owns 20 per cent of Flipkart, is said to be holding out for a better price
Walmart-Flipkart deal almost through
12 Apr 2018
Walmart completed its due diligence on Flipkart and has proposed acquiring 51 per cent of the stocks for between $10 billion and $12 billion
Walmart finishes due diligence on Flipkart, may pay $10-12 bn for stake
07 Apr 2018
US retail giant Walmart has completed due diligence as it looks to take a stake of 51 per cent or more in the Indian company. Amazon too is reportedly weighing a rival offer, but Walmart appears a more likely suitor
Amazon may make rival bid to buy Flipkart: report
04 Apr 2018
Online retail giant Amazon may submit an offer to buy Indian e-commerce firm Flipkart, which is currently in talks with Walmart Inc for a stake sale
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