New Delhi, March 9 Flipkart, which is set to go public, has shifted its domicile to India, having secured government approval for an internal restructuring that now makes Flipkart Internet the holding entity of the Group.The e-commerce giant, backed by Walmart, said it looks forward to the...
company structure
e-commerce
financial performance
flipkart
government approval
gross merchandise value (gmv)
india
initial public offering (ipo)
leadership appointments
national company law tribunal (nclt)
restructuring
revenue
singapore
walmart
workforce reduction
Mumbai, March 5 UPL Ltd announced on Thursday that after restructuring, it will continue to generate revenue from its specialty chemical arm, Superform, and formulations, ensuring that it remains a strategic operating holding entity with significant scale and size.The company added that UPL...
New Delhi, February 18 – Plagued by chronic losses and mounting debt, state-owned enterprises (SOEs) in Pakistan have for years drained public funds that could have been spent on sectors such as healthcare and education. Frequent equity injections, subsidies, loans, and sovereign guarantees have...
central monitoring unit
circular debt
debt
equity injections
financial losses
fiscal support
governance
imf programs
liabilities
pakistan
power sector
restructuring
soes
state-owned enterprises
tax revenue
New Delhi, February 15 Religare Enterprises Ltd (REL), backed by the Burman family, has approved a plan to separate its financial services and insurance businesses into two separate, publicly listed entities. This move aims to unlock shareholder value and sharpen strategic focus.This is the...