Tag: tiger global management

India ended the tax-free system under the India-Mauritius treaty in 2017, but Tiger Global invested in Flipkart before that. (Reuters)
Posted in Business

Tiger Global ‘Flipkart tax’ seen reshaping M&A activity at India Inc.| Business News

Over decades, foreign investors have poured $180 billion into India via the tax haven of Mauritius. Now, an Indian court ruling is spooking investors as…

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Walmart acquired Flipkart for $37 billion in 2018 in what is still the largest e-commerce deal in India. (Reuters)
Posted in Business

Supreme Court rules against Tiger Global in Walmart-Flipkart deal tax case| Business News

Tiger Global’s $1.6-billion stake sale in Flipkart at the time of the Walmart-Flipkart acquisition deal in 2018 is subject to tax, the Supreme Court of…

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