Cash-strapped AMC Entertainment Holdings Inc. took advantage of the frenzy in the shares to complete an at-the-money offering, while GameStop Corp.'s reserves are large enough that it hasn't had to tap into investors' enthusiasm to sell new stock, Bloomberg's Bailey Lipschultz tells Katie Greifeld on "Bloomberg Markets." (Source: Bloomberg)
Tata Digital chief executive Naveen Tahilyani has restructured the leadership team for the Neu superapp. This scoop and more in today’s ETtech Top 5.Also in the letter:■ Climate tech attracts investors■ TCS employees upskill■ Govt panel on FAME misuseExclusive: Tata Digital CEO Naveen Tahilyani sets up new team 110276467Tata Digital CEO Naveen TahilyaniTata Digital’s new CEO Naveen Tahilyani has fully revamped the executive team for the Neu superapp. We have the details on the new...
Happy Monday! Ecommerce major Flipkart is in discussions to shift its domicile from Singapore to India. This scoop and more in today’s ETtech Morning Dispatch.Also in the letter:■ Q-commerce sales on Mother’s Day high■ Govt portal for digital public goods■ New investment trends in D2C spaceFlipkart’s talks to move domicile from Singapore to India gain momentum 110066108Kalyan Krishnamurthy, CEO, FlipkartFlipkart–India’s largest consumer internet company—is planning to move its domicile to...
Flipkart has begun active discussions to move its domicile back from Singapore to its country of origin, said people aware of the matter. The 17-year-old company is the country’s biggest consumer internet firm with a foreign domicile.The homecoming for India’s best-known technology startup, which is now valued at around $33 billion, could also potentially deliver a handsome tax gain for the Indian government. Flipkart Pvt Ltd is the holding company based in Singapore. 110061104Challenging...