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TCS CEO on Q1 performance; B Capital on India’s IPO marketHappy Monday! TCS top deck told us that the coming quarters will see macroeconomic pressures ease and AI deals swell. This and more in toda...
ET Graphics: Domestic investors overtake foreign funds at Swiggy in a show of home advantageDomestic investors now hold majority stakes in Swiggy, reducing foreign holdings. Several foreign institutional investors have significantl...
Flipkart faces sellers' heat; Zetwerk IPO gets Sebi nodA sellers' body has filed a complaint against Flipkart, alleging unfair business practices. This and more in today's ETtech Top 5.
ETtech Explainer: Has Swiggy become Indian-owned after a drop in foreign ownership?The IOCC status will allow Swiggy’s quick commerce arm Instamart to own inventory, thereby improving margins and supply chain control. Howe...
Sellers file anti-trust complaints against Flipkart with CCIFiled by the Forum for Internet Retailers, Sellers and Traders (FIRST) on July 6, the complaint has sought an investigation into Flipkart, ...
Google Cloud’s big India AI bet; Swiggy crosses key ownership thresholdGoogle Cloud is supercharging its India bet with a local AI play and a potential manufacturing push. This and more in today’s ETtech Mornin...
Retailer body seeks government action over Amazon, Flipkart's quick commerce pushThe All India Consumer Products Distributors Federation (AICPDF) said foreign-backed marketplace platforms must operate strictly within Ind...
Zepto’s ops structure sparks regulatory fear ahead of IPOUnlike Blinkit's inventory-led model or Swiggy-owned Instamart's marketplace structure, Zepto combines wholesale operations with a marketpl...
WhatsApp usernames’ India hiccup; Zepto’s unusual legal structureWhatsApp’s big bet on usernames has hit a regulatory speed bump in India. This and more in today’s ETtech Morning Dispatch.
Amazon will look at acquisitions, continue to work with govt on expanding AI capabilities: Andy Jassy, CEOAmazon is significantly boosting its India investment, committing an additional $48 billion by 2030, bringing the total to nearly $90 billi...
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...
For FDI, E-comm exports must be in separate cartIndia is considering allowing FDI in inventory-based e-commerce exclusively for exports. This move aims to boost outbound shipments without...
Panel to discuss FDI in ecommerce tomorrowHe explained that since there were no plans to introduce FDI in the regular retail sector, there were no plans to allow FDI for the sale of...
DIPP rules out 49% FDI plan in inventory modelThe department of commerce had in its recent draft ecommerce policy mooted up to 49% FDI in inventory-based ecommerce for 100% locally made...
Has no info on firms running e-comm sites in India, says DIPP in a RTI replyThere is “no information to furnish on the matter” with regard to three questions asked, DIPP said in response to queries filed under RTI.
Madhya Pradesh, Karnataka, Goa back FDI in B2C e-commerceWhile Goa also pitched for FDI in ecommerce, it wants effective control in online retail companies to remain in Indian hands by capping the...