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Flipkart gets nod for India residency, one hurdle left

Mint Chennai

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December 16, 2025

Walmart-controlled Flipkart received a key approval to shift its domicile back to India, a prerequisite for a local listing, in a move that also reflects a shift in India-US economic ties amid prolonged bilateral trade negotiations.

- Dhirendra Kumar

Flipkart gets nod for India residency, one hurdle left

The National Company Law Tribunal (NCLT) approved the re-domiciling scheme on Friday, according to an order reviewed by Mint.

‘The restructuring is fair and not prejudicial to the interests of shareholders or creditors, the tribunal said, while clearing India-based Flipkart Internet Pvt. Ltd’s intra-group amalgamation scheme involving eight Singapore-incorporated entities. The combined entity will be called Flipkart Internet Pvt. Ltd.

Mint Chennai'den DAHA FAZLA HİKAYE

Mint Chennai

Mint Chennai

RS nods 100% insurance FDI

The Rajya Sabha on Wednesday passed the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 to raise the foreign direct investment (FDI) limit in the insurance sector to 100% from 74% earlier, a day after the lower house of parliament approved it.

time to read

1 mins

December 18, 2025

Mint Chennai

India tops world doping body Wada's cheating charts in '24

France recorded the second highest number of dope positives behind India at 91

time to read

1 mins

December 18, 2025

Mint Chennai

Mint Chennai

Spooked by AI and layoffs, white-collar workers see their security slip away

Office workers are filled with anxiety.

time to read

5 mins

December 18, 2025

Mint Chennai

Russian oil imports show resilience

India’s Russian oil imports are poised to top 1 million barrels per day in December, traders and refiners informed of the matter said, defying expectations for a sharp decline as refiners have resumed buying from non-sanctioned entities offering deep

time to read

1 min

December 18, 2025

Mint Chennai

Mint Chennai

6 GHz showdown: Jio picks holes in Meta's $3 tn math

The debate over how India should allocate the highspeed 6 gigahertz (GHz) spectrum is only getting shriller as the auctions are expected next year.

time to read

1 mins

December 18, 2025

Mint Chennai

Mint Chennai

Adulteration war may spur premium dairy boom in cities

A renewed crackdown on adulterated dairy products, combined with a shift among urban consumers towards farm-to-table food, is reshaping the dairy market in the world's largest producer of milk.

time to read

1 mins

December 18, 2025

Mint Chennai

Sebi slashes broker fees for mutual funds by half

Extra levy on exit load scrapped; criteria to identify qualified brokers simplified

time to read

1 min

December 18, 2025

Mint Chennai

Mint Chennai

Panel wants bankruptcy appeals to be decided in three months

National Company Law Appellate Tribunal (NCLAT) should decide appeals filed before it in bankruptcy cases within three months, as timely decision-making at the appellate level is crucial for rapid resolution of distressed companies, the Lok Sabha select committee that reviewed the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 has said.

time to read

1 min

December 18, 2025

Mint Chennai

Mint Chennai

SUZLON AND INDIA'S NEW WIND ORDER

As Adani enters turbine manufacturing with characteristic scale and speed, the pioneer finds itself at a crossroads

time to read

7 mins

December 18, 2025

Mint Chennai

India summons B'desh envoy over security concerns in Dhaka

India on Wednesday summoned Bangladesh envoy Riaz Hamidullah and lodged its protest over plans by certain extremist elements to create a security situation around the Indian mission in Dhaka.

time to read

1 min

December 18, 2025

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