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Flipkart Rewards Staff With $50M Stock Buyback as IPO Valuation Targets $70B

With distributions planned for August 2025, Flipkart has launched a $50 million employee stock buyback that will enable between 7,000 and 7,500 worker

With distributions planned for August 2025, Flipkart has launched a $50 million employee stock buyback that will enable between 7,000 and 7,500 workers to sell up to 5% of their vested ESOPs at a price of $174.32 per share. Aiming for a valuation of $60–70 billion, Flipkart is scheduled to go public in 12–15 months. CEO Kalyan Krishnamurthy highlighted the businesss impressive ecommerce and rapid commerce results, and he alluded to the possibility of another liquidity event in early 2026 provided certain objectives are fulfilled. Currently worth $36 billion, Flipkart is also moving its parent firm from Singapore to India. Flipkarts goal to retain talent, reward contributions, and raise morale in the face of growing competition from Amazon and other quickcommerce companies is reflected in the repurchase. Read More..

B2B Tech News | 3 months ago        

India and U.S. Target $500B Trade by 2030 Amid WTO Clashes Over Tariffs and Market Access

A complex trade relationship characterised by dualtrack diplomacy is being navigated by the United States and India. The two countries are at odds bef

A complex trade relationship characterised by dualtrack diplomacy is being navigated by the United States and India. The two countries are at odds before the WTO in Geneva while negotiators meet in Washington to finalise an interim trade agreement that aims to increase bilateral commerce by $500 billion by 2030. U.S. access to Indias dairy and agricultural industries is a contentious topic, as India opposes it because of domestic sensitivities. India is also defending its dairy import certification standards and contesting U.S. steel and auto parts levies. India will not accept deals under duress to meet deadlines, stressed Commerce Minister Piyush Goyal. Indias changing trade posture is reflected in this strategic duality cooperation in Washington and assertion in Geneva, while remaining unyielding to national interests. Read More..

B2B Tech News | 3 months ago        

Musk Rules Out Tesla–xAI Merger, But Shareholders Will Vote on Investment

Despite mounting rumours, Elon Musk has openly denied a merger between Tesla and xAI, his AI business that created the Grok chatbot. Musk merely repli

Despite mounting rumours, Elon Musk has openly denied a merger between Tesla and xAI, his AI business that created the Grok chatbot. Musk merely replied "No" to the suggestion of combining the two businesses in response to a user post on X. "Its not up to me," he said, confirming intentions to hold a vote among Tesla shareholders regarding the EV giants decision to invest in xAI. SpaceX has committed $2 billion to the business, which is seeking capital at a valuation of up to $200 billion as it integrates Grok into Tesla vehicles. Musk continues to balance leadership among SpaceX, xAI, Tesla, and X, indicating a preference for cooperation over consolidation. Read More..

B2B Tech News | 3 months ago        

EU, South Korea Race to Seal U.S. Trade Deals Before August 1 Tariff Deadline

In order to avert the imposition of high tariffs that are scheduled to take effect on August 1, 2025, the European Union and South Korea are negotiati

In order to avert the imposition of high tariffs that are scheduled to take effect on August 1, 2025, the European Union and South Korea are negotiating trade agreements with the United States rapidly. As tensions over international trade rise, President Donald Trump has proposed a 25% tariff on South Korean exports and a 30% duty on the majority of imports from the EU and Mexico. While Yeo Hankoo, the trade minister of South Korea, indicated a willingness to agricultural concessions, EU Trade Commissioner Maros Sefcovic cautioned that such levies might severely harm transatlantic activity. Should negotiations fail, Italy has planned €21 billion in punitive levies. Market responses have been subdued, but sectors like spirits and cars are preparing for the effect. Both areas want to avert economic disruption by reaching inprinciple agreements prior to the deadline. Read More..

B2B Tech News | 3 months ago        

Foreign Investors Repatriate Record $97.7B From India Amid FDI and Debt Gains

A record $97.7 billion was returned by foreign investors from Indian investments in FY25, up from $87.5 billion in FY24, thanks to robust FDI inflows

A record $97.7 billion was returned by foreign investors from Indian investments in FY25, up from $87.5 billion in FY24, thanks to robust FDI inflows and gains from loan instruments. Investments in overseas portfolios increased when Indian debt was added to the JPMorgan bond index. By deploying foreign exchange reserves, the RBI also made $21.7 billion, which helped close the investment income shortfall to $52.6 billion. Along with increasing overseas investments, Indian businesses balanced twoway flows. Private equity exits and dividend repatriation are major contributors to this trend, which experts say solidifies Indias position as a top international investment destination. The report shows a more balanced current account, indicating strong economic fundamentals as increased foreign revenue balances out withdrawals from foreign investors. Read More..

B2B Tech News | 3 months ago        

China’s Economy to Surpass $19.5 Trillion in 2025, Says State Planner Zheng Shanjie

In 2025, Zheng Shanjie, the president of the National Development and Reform Commission NDRC, estimated that Chinas GDP will be worth more than $19.5

In 2025, Zheng Shanjie, the president of the National Development and Reform Commission NDRC, estimated that Chinas GDP will be worth more than $19.5 trillion. China maintained a 5.4% average annual growth rate between 2021 and 2024, despite obstacles like COVID19 and trade concerns with the United States. Zheng outlined the 14th FiveYear Plans accomplishments, which included developments in green transformation, innovation, and manufacturing. The plan, which expires in 2025, set this years growth objective at 5%. Chinas drive for independence has been bolstered by international tech limitations, Zheng underlined. Although the next 15th FiveYear Plan was not disclosed, officials are giving household sector contributions top priority in order to maintain growth in the face of deflationary pressures and uncertainty in the global economy. Read More..

B2B Tech News | 3 months ago        

India to Assess Impact of U.S. Copper Tariff as Global Prices Surge 10%

The U.S. has slapped a 50% duty on copper imports, which India will evaluate, Mines Minister G. Kishan Reddy stated. As part of President Trumps large

The U.S. has slapped a 50% duty on copper imports, which India will evaluate, Mines Minister G. Kishan Reddy stated. As part of President Trumps larger reciprocal trade strategy, the levy produced a 10% increase in world copper prices, which had an impact on Indian stocks such as Vedanta and Hindustan Copper. Experts in the field, however, predict that India will not be much impacted because the nation lacks enough copper and only exports about 10,000 tonnes to the United States each year. India is still a net importer, despite growing domestic demand from industries like electric cars and renewable energy. By 2030, Reddys ministry intends to increase smelting and refining capacity in order to fulfil future demand and lessen strategic vulnerabilities. Read More..

B2B Tech News | 3 months ago        

EU Scrambles to Seal U.S. Trade Deal Before August 1 Tariff Deadline

Due to President Trumps threats of sweeping new tariffs, the European Union is rushing to complete a trade agreement with the United States before the

Due to President Trumps threats of sweeping new tariffs, the European Union is rushing to complete a trade agreement with the United States before the August 1 tariff deadline. Trump sent notifications to seven more nations, alluded to penalties on semiconductors and pharmaceuticals, and indicated plans to impose 50% tariffs on copper. According to reports, Trump claims that the EU has become "much more cooperative" and that talks are moving forward. The EU wants a framework deal, maybe in a few days, but Italy cautions that talks are still "very complicated." The proposed agreement may include a baseline tariff of 10%, followed by sectorspecific relief. Over $100 billion worth of U.S. goods might be the subject of punitive actions if negotiations fail. Read More..

B2B Tech News | 3 months ago        



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