Flipkart Approved for India Domicile Shift

Flipkart, a big online shopping company, has gotten permission from a court in India to move its main office back from Singapore to India.

This is part of their plan to get ready for a big event where they sell parts of their company to the public, called an IPO.

The court said yes to combining some of Flipkart's companies in Singapore with their main company in India.

They still need to finish some legal steps to make this happen.

Flipkart has been doing well financially, with more money coming in and fewer losses compared to last year.

Many big companies own parts of Flipkart, like Walmart, Google, and SoftBank.