Swiggy CEO on failed shareholder vote; Indian firms brace for MythosHappy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in toda...
Swiggy says failed shareholder resolution aimed at governance, not founder controlIn an exchange filing, the company said the proposed amendments were designed to create a governance structure suited to a company without ...
ETtech Explainer: How Swiggy’s failed bid to become an Indian firm matters for InstamartSwiggy's bid to become an Indian-owned-and-controlled company (IOCC) has been delayed after shareholders failed to approve changes to its a...
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 and controlled company under FEMA rulesSwiggy is set to revamp its board structure, aiming to establish itself as a wholly Indian concern. This evolution, motivated by inquiries ...
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...
Paytm’s cap table turns Indian: What changes now?Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...
Air India appoints Vikram Dayal as new head of IOCC following Choorah Singh's resignationAir India has appointed Vikram Dayal as the new Head of its Integrated Operations Control Centre, succeeding Choorah Singh. Meanwhile, Air ...
Air India senior VP & IOCC head Choorah Singh, named in DGCA notice, quitsChoorah Singh, Air India's Senior Vice President and Head of IOCC, has resigned to pursue opportunities in Ireland. Vikram Dayal has been a...
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...
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)...
Apollo Hospitals to hive-off pharmacy, digital health businessesApollo Hospitals Enterprise has announced the separate listing of its omnichannel pharmacy and digital health businesses within 18-21 month...
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...
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...
Report directly to me: Air India CMD asks its operations control centre to cut flight delaysAir India CMD Campbell Wilson has asked the airline's integrated operations control centre (IOCC), which is the "nerve centre" of any carri...
Over 760 Air India flights cancelled in past six monthsMinister of State for Civil Aviation Mahesh Sharma said, Air India cancelled 75 flights in June, 178 in July, 347 in August, 189 in Septemb...