Swiggy becomes majority Indian-owned as foreign shareholding drops below 50%The shift is significant for the food delivery and quick commerce major. In May, its shareholders had failed to pass a resolution to classi...
Swiggy shares jump 7% as foreign ownership falls below 50%. What this means quick commerce giant?Swiggy shares rallied sharply on Tuesday after foreign ownership fell below 50%, taking the company closer to qualifying as an Indian-owned...
Swiggy CEO on quick commerce space; India’s data centre surgeIn an interview, Swiggy group CEO Sriharsha Majety explained the outlook for the quick commerce industry and the shareholder vote hurdle, a...
ETtech Interview | Quick commerce industry unlikely to sustain as many players as today: Swiggy's Sriharsha MajetySwiggy CEO Sriharsha Majety believes the quick commerce market is overpopulated and prioritises long-term economics over market share battl...
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...
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 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 ...
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...
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...