Intentar ORO - Gratis

Tiger Global’s Flipkart stake sale taxable: SC

Financial Express Lucknow

January 16, 2026

Ruling extends applicability of anti-abuse provisions

- KULDEEP SINGH

THE SUPREME COURT on Monday ruled that private equity firm Tiger Global is required to pay capital gains tax in India for its 2018 stake sale in Indian e-commerce firm Flipkart to American retailer Walmart, setting aside an August 2024 Delhi High Court verdict.

Esta historia es de la edición January 16, 2026 de Financial Express Lucknow.

Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.

¿Ya eres suscriptor? Iniciar sesión

MÁS HISTORIAS DE Financial Express Lucknow

Ver todo

Financial Express Lucknow

Assessment proceedings in Tiger Global case to revive soon, say CBDT sources

WITH THE SUPREME Court’s landmark judgment delivered on January 15, ruling that capital gains from Tiger Global's 2018 stake sale in Flipkart (as part of Walmart's acquisition) are taxable in India, the assessment proceedings for the concerned firms for 2019-20, which had effectively remained in abeyance due to litigation, will now revive swiftly, sources from the Central Board of Direct Taxes (CBDT) said on Friday.

1 min

January 17, 2026

Financial Express Lucknow

Grasim names Sachin Sahay as CEO of Birla Opus

GRASIM INDUSTRIES ON Friday named Sachin Sahay as the new chief executive officer of its paints business, Birla Opus.

1 min

January 17, 2026

Financial Express Lucknow

RIL misses Street’s profit estimates

THE COMPANY SAID favourable ethane cracking economics and domestic market placements helped sustain petrochemical profitability amid mixed demand conditions.

1 mins

January 17, 2026

Financial Express Lucknow

Sometimes, the badge isn't enough

A MECHANICALLY FLAWLESS JAPANESE CAR, BUT IS SOMEHOW STUCK IN THE PAST

2 mins

January 17, 2026

Financial Express Lucknow

Central Bank profit up 32%

REPORT CARD

1 mins

January 17, 2026

Financial Express Lucknow

‘We’ll invest ₹800 crore to expand manufacturing’

American bathroom fixtures maker Kohler, which completed 20 years in India this year, plans to invest ₹800 crore over the next three financial years to expand its manufacturing and engineering capacity, while also growing its retail presence.

2 mins

January 17, 2026

Financial Express Lucknow

'Betting on disciplined retail growth'

L&T Finance posted an 18% year-on-year growth in net profit for the third quarter, with its retail book expanding 21% to ₹1.11 lakh crore.

2 mins

January 17, 2026

Financial Express Lucknow

PM: Startup momentum accelerating

1 min

January 17, 2026

Financial Express Lucknow

Just 19% of insolvency cases reach resolution

OUT OF THE total 2,896 corporate insolvency resolution processes (CIRPs) that were closed till Sept 30, 2025 (beginning from Dec 2016), only 1,300, or just 19.2%, have ended in approval of resolution plans.

1 min

January 17, 2026

Financial Express Lucknow

Sony Pictures rejigs leadership, may lay off 120 employees

SONY PICTURES’ NETWORKS India (SPNI) on Friday announced a leadership rejig under a new operating model that aims to be platform-agnostic.

1 min

January 17, 2026