Swiggy's parent Bundl Technologies invests Rs 31.2 crore in Mumbai-based ready-to-cook food brand Fingerlix
Founded in 2014, Swiggy currently connects consumers to over 60,000 restaurant partners across more than 80 cities
Flipkart-Walmart deal: Sachin Bansal pays Rs 699 cr advance tax for Q1 FY19; Binny Bansal yet to disclose capital gains
In May, Bentonville, Arkansas-based Walmart Inc acquired 77 percent stake in Flipkart for about $16 billion in its biggest acquisition till date.
Walmart paid Rs 7,439 cr tax on Flipkart deal; did not deduct taxes from 34 shareholders, say officials
In case of the Walmart-Flipkart deal, the withholding tax pertains to the capital gains made by the shareholders of Flipkart.
Walmart-Flipkart deal: Income Tax Department asks US retail giant to pay tax arising out of acquisition by 7 September
Following the CCI nod to the Walmart-Flipkart deal, the I-T department expects Walmart to approach it under Section 197 of the Income Tax Act.
Walmart-Flipkart deal: SoftBank undecided on selling stake, CEO Masayoshi Son to take a call in 7-10 days
SoftBank is figuring out the tax liability that would arise if it sold its shares to Walmart less than a year after investing in Flipkart
Flipkart-Walmart deal: Charting the journeys of a home-grown behemoth and a US retail giant in India
The deal's highlights of the Indian e-commerce giant Flipkart, in which US-based Walmart has bought 77 percent stake for $16 billion:
Flipkart, Bansals' e-commerce bet finally has paid off big time and set the 2018 M&A counters ringing with US retailer Walmart buying about 77 percent stake in Flipkart for $16 billion.
In India, Walmart-Flipkart combine will have to battle America's Amazon and China's Alibaba
Flipkart's, the decade-old firm, first buyback of shares was on 7 December, 2017 when it spent a whopping $869.15 million to buy 72,83,175
Since 1956, IFC has invested in over 400 companies in India, providing $17 billion in financing to the private sector.
Rovio saw rapid growth after the 2009 launch of the original “Angry Birds” game, in which players use a slingshot to attack pigs that steal birds’ eggs.
Rovio Entertainment Ltd said on Tuesday its sales in the first half of the year almost doubled following the success of "The Angry Birds Movie."
The Mumbai-based firm will use the proceeds to strengthen its international presence as well as ramp up offerings in the domestic market.
Startup India: UrbanClap's focus on local services benefitting both customers and service professionals
It was the strong emphasis on innovation and improvement that led the team to realise that iOS users formed a large part of its core target group
Swiftkey is in talks with handset makers in the country to pre-embed its keyboard app on devices as the UK-based firm eyes aggressive expansion in one of the world's largest smartphone market.
HolidayIQ said it will raise fresh round of funds from its existing investors, Tiger Global Management and Accel Partners for expanding its base in the mobile app segment.
In a statement on Tuesday, News Corp announced that it was acquiring the stake in PropTiger for $30 million which roughly works out to about Rs 185.6 crore.
Dropbox has raised $257 million to date and it looks like it now wants to double that entire amount. Reports have hinted at the fact that the cloud storage