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INDIAN OWNED AND CONTROLLED COMPANY
Paytm remains majority Indian-owned for 2nd consecutive quarterPaytm's domestic ownership rose to 51.6 percent in the June quarter. This increase reinforces its status as an Indian-Owned and Controlled ...
Most Indian fathers know their son's salary, but not what is going on in the mind, says Gurgaon-based CEO. He shares 'failure of parenting' that damages father-son relationshipsGurgaon-based CEO and Knot Dating co-founder Jasveer Singh sparked debate after arguing that many Indian fathers know their sons' marks, jo...
IDBI Bank shares jump 3% as Fairfax set to make biggest foreign investment in Indian lender, buy stake worth Rs 53,000 crFairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be worth approximately Rs 53,000 cro...
You can’t spell chai latte without AI. That will hurt IndiaThe AI adoption craze is looming over what’s promising to be another lackluster earnings season for IT services exporters. Last week, Tata ...
ED arrests Ebix chairman in Mahadev betting app caseVikas Garg, Ebix group chairman, was arrested by the Enforcement Directorate in Delhi. He was taken to Raipur after the agency obtained a t...
Open-source AI will offer India code sovereignty: ExpertsIndia cannot own every AI layer, but open ecosystems and optionality can avoid vendor lock-in and establish control over critical data, gov...
Warburg, Bain, CVC among PE firms in talks to buy into Agappe DiagnosticsSeveral global private equity firms are exploring a significant stake purchase in Agappe Diagnostics. This potential deal involves both exi...
Swiggy shares slide over 2% after FSSAI issues 9 notices over consumer complaintsSwiggy shares fell over 2% on Monday, extending losses for a second session after the Food Safety and Standards Authority of India (FSSAI) ...
Swiggy, Eternal shares jump up to 20% in one month. Should you buy or avoid?Swiggy and Eternal shares have seen significant gains recently. Swiggy's domestic ownership crossing fifty percent boosted investor confide...
ETtech Explainer: Why quick commerce business models are under scrutinyUnder India’s foreign direct investment (FDI) rules, companies with a majority foreign ownership can only operate on a marketplace model. I...
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...
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...
Vivo-Dixon deal approval reveals India's new China playbookThe landscape of Chinese investments in India is transforming as the nation moves past earlier restrictions. The establishment of the Vivo-...
Swiggy, Eternal surge up to 7%. Should investors chase the rally?Swiggy and Eternal shares rallied sharply on Thursday as investor sentiment improved on Swiggy's foreign ownership falling below 50% and op...
NALCO shares in focus on JV with NLC India for 1,080 MW thermal plant in OdishaNational Aluminium Company and NLC India have signed an agreement for a joint venture. This new entity will establish a 1,080 MW captive th...
Swiggy's foreign shareholding falls below 50%: What it means for investorsSwiggy's foreign shareholding now stands below fifty percent, meeting a key regulatory requirement. This change allows the company to pursu...
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...
Swiggy’s Indian control push; Cultfit’s big IPO swingSwiggy has inched closer to qualifying as an Indian-owned and controlled company. This and more in today's ETtech Top 5.
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...