Wednesday, August 4, 2021

Enforcement Directorate threatens Flipkart, founders with $1.35 billion fine

Enforcement Directorate threatens Flipkart, founders with $1.35 billion fine Walmart took a majority stake in Flipkart for $16 billion in 2018, its biggest deal ever. Sachin Bansal sold his stake to Walmart at the time, while Binny Bansal retained a small stake.

from Moneycontrol Business News https://ift.tt/2WNDK3o

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Bajaj Auto shares fall 2% as firm, subsidiary fall prey to ransomware attack

Bajaj Auto shares dipped 2% following a ransomware attack on its systems and subsidiary, Bajaj Auto Technology Ltd, on June 23, 2026. The co...