Supreme Court Upholds Tiger Global Tax Demand; Visa Delays Impact H-1B Holders; Pync Shuts Down

The Supreme Court upheld a Rs 14,500-crore tax demand on Tiger Global, denying it tax treaty protection related to Walmart's 2018 Flipkart acquisition, citing impermissible tax avoidance. Separately, Indian H-1B visa holders face prolonged US visa delays, risking tax liabilities due to extended stays in India. Meanwhile, instant house-help startup Pync is shutting down and merging with rival Snabbit amid rising market consolidation, while logistics firm Shadowfax shifts focus to smaller retailers and D2C brands to diversify revenue.