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ETERNAL IOCC
Swiggy fails to clear shareholder hurdle in bid to recast itself as Indian-owned companyIn an exchange filing on Thursday, Swiggy stated that its resolution on the Amendment of Articles of Association received 72.36 per cent vo...
Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
Swiggy moves to become India-owned company, eyes fewer FDI restrictionsSwiggy has announced upcoming adjustments to its board nomination policies as part of its strategy to establish itself as an Indian owned a...
FII holding in Eternal declines for 7th straight quarter. Is recent correction a buying opportunity?Foreign institutional investor holding in Eternal has declined for seven consecutive quarters, falling from 54% to 36.2% due to a 49.5% for...
Swiggy’s Instamart rejig signals a move to inventory-led modelSwiggy has restructured Instamart into a step-down subsidiary, a move analysts say signals a potential shift to an inventory-led model once...
Amid shift to inventory model, Blinkit offers sellers waiver on fee for recall of unsold goodsThis comes at a time when Blinkit is transitioning to an inventory-led model from a marketplace model, following its parent Eternal becomin...
Blinkit & you miss it! FIIs said no to Eternal, retail said wait; who said yes?Eternal's Q1 results wowed investors, revealing Blinkit's impressive growth. While FIIs and retail investors sold off shares, mutual funds ...
Blinkit beats Zomato in NOV terms: 10 key takeaways from Eternal Q1 resultsEternal's Q1 results highlight Blinkit's rapid rise, with its quick commerce NOV overtaking Zomato's for the first time. While food deliver...
ETtech Explainer: Why Blinkit is shifting to an inventory-led modelBlinkit is transitioning to an inventory-led model as planned after its parent Eternal became an Indian-owned and controlled company (IOCC)...
Eternal shares rally 5% on Blinkit’s plans to switch to inventory-led modelEternal shares: Starting September 1, 2025, Gurugram-based Blinkit will shift to a new model in which it will directly purchase inventory f...
Blinkit plans transition to inventory led model from September 1; pings sellers to switchDuring the company’s January-March quarter earnings, Eternal’s chief financial officer Akshant Goyal had said that assuming Blinkit owned 1...
Eternal shares drop 4.5% on foreign shareholding capEternal's shares declined 4.5% due to the company's decision to limit foreign shareholding to 49.5%, potentially triggering significant sel...
Eternal shares could see $1.3 billion FII outflow, MSCI exclusion. Jefferies explains whyAs of the March quarter-end, foreign ownership in Eternal stood at 44.8%. Commenting on recent market activity, Vivek Maheshwari of Jefferi...
ETtech Explainer: Why Zepto founders are taking personal debt to boost Indian ownershipZepto's cofounders, Aadit Palicha and Kaivalya Vohra, are securing personal debt of Rs 1,500 crore to increase their stake by purchasing sh...
Zepto founders tap Edelweiss, others for Rs 1,500 crore structured debt to boost Indian ownershipZepto founders Aadit Palicha and Kaivalya Vohra are raising about Rs 1,500 crore through structured debt to boost Indian ownership ahead of...
Zomato and Blinkit parent Eternal's board clears plan to cap foreign ownership at 49.5%The company said that the Indian-Owned-and-Controlled Company (IOCC) will enable Blinkit to improve its margins -- particularly in fragment...
ETtech Explainer: Why is Zomato parent Eternal capping foreign ownership at 49.5%?By becoming a majority Indian-owned company, the parent of Zomato and Blinkit becomes an Indian-owned-and-controlled company (IOCC) under I...