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IPO-bound Flipkart gains key approvals to relocate to India

Flipkart is in the advanced stages of securing regulatory approvals to shift its headquarters from Singapore to India, with the transition targeted for later this year, TechCrunch has learned, as the Walmart-owned e-commerce giant prepares for an Indian IPO next year. The redomiciling process has received in-principle approvals from a Singapore court, while several hearings … Read more

BCG modelled plan to ‘relocate’ Palestinians from Gaza

Boston Consulting Group modelled the costs of “relocating” Palestinians from Gaza and entered into a multimillion-dollar contract to help launch an aid scheme for the shattered enclave, a Financial Times investigation has found. The consulting firm helped establish the Israel- and US-backed Gaza Humanitarian Foundation and supported a related security company but then disavowed the … Read more

Flipkart to relocate HQ to India ahead of IPO

Flipkart, the Walmart-owned Indian e-commerce startup that closely fights Amazon in the South Asian market, is preparing to shift its headquarters back to India from Singapore as the company prepares to file for an IPO on Indian stock exchanges. On Monday, Flipkart said the move “represents a natural evolution, aligning our holding structure with our … Read more

Share of U.S. companies in China looking to relocate hits a record high, survey finds

Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — A record share of U.S. companies in China are accelerating their plans to relocate manufacturing or sourcing, according to a business survey released Thursday. About … Read more

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