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Sunday, July 30, 2023

'Walmart buys out $1.4 billionTiger Global stake in Flipkart'

The transaction brings the value of the e-commerce firm to $35 billion from nearly $38 billion after it sold its shares to Japan's SoftBank, US retailer Walmart and other investors in 2021, the report said.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/hwqp57c

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Reinsurance buffers crash claim, Tata AIG logs Rs 1,008 crore profit

The General Insurance Corporation had estimated claims of over $400 million last year from the Air India Ahmedabad crash. Since then, reinsu...