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Walmart Confirms It Paid Most of $1 Billion Tax to Move PhonePe Headquarters to India
Walmart said on Wednesday that it had paid the Indian government most of the $1 billion (roughly Rs. 8,300 crore) tax after it shifted the headquarters for PhonePe from Singapore to India. The US retail giant said last month it had completed the separation of PhonePe from Flipkart, adding that it would remain a majority stakeholder in both firms.
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Flipkart's Digital Payments Arm PhonePe To Raise $700 Million From Investors
PhonePe, the digital payments unit of Walmart's e-commerce arm Flipkart, said on Thursday it would sell a stake to existing investors for $700 million
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Walmart Reviews Its Gun Sales Policy, Raises Minimum Age For Buying Firearms To 21
US retail giant Walmart announced Wednesday that it was raising to 21 its minimum age to buy firearms and ammunition, the latest US company to recalibrate its stance on weapons after a deadly Florida school shooting.
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Walmart Confirms It Paid Most of $1 Billion Tax to Move PhonePe Headquarters to India
Walmart said on Wednesday that it had paid the Indian government most of the $1 billion (roughly Rs. 8,300 crore) tax after it shifted the headquarters for PhonePe from Singapore to India. The US retail giant said last month it had completed the separation of PhonePe from Flipkart, adding that it would remain a majority stakeholder in both firms.
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Flipkart's Digital Payments Arm PhonePe To Raise $700 Million From Investors
PhonePe, the digital payments unit of Walmart's e-commerce arm Flipkart, said on Thursday it would sell a stake to existing investors for $700 million
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Walmart Reviews Its Gun Sales Policy, Raises Minimum Age For Buying Firearms To 21
US retail giant Walmart announced Wednesday that it was raising to 21 its minimum age to buy firearms and ammunition, the latest US company to recalibrate its stance on weapons after a deadly Florida school shooting.
