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SWIGGY FDI
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...
- 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.
- 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...
- Is India's negative FDI a red flag or a sign of booming capitalism?India's economic growth is attracting global attention. While net FDI has turned negative, this is a positive sign. It indicates foreign in...
- Swiggy mulls up to $1.5 billion fundraise for balance sheet boostWhile discussions with potential investors are still at an early stage, the size of the proposed Swiggy QIP, currently at $1 billion, could...
- 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...
- Net FDI inflows sink 96% to record lowIndia's net FDI plummeted 96.5% in FY25 to a record low, driven by significant repatriation of funds as investors exited via lucrative IPOs...
- Stocks in news: ITC, SBI, Airtel, Swiggy, Azad EngineeringBupa will look to increase its stake in health insurance firm Niva Bupa. The chief executive Krishnan Ramachandran, told ET that while ther...
- Quick commerce companies quizzed by government over FDI, operating modelSenior executives from Blinkit, Swiggy Instamart, Zepto, and Bigbasket met with Indian government officials. They discussed warehouse owner...
- FDI curbs, border conflict likely to be roadblocks for Chinese investments in Indian start-up ecosystem: GlobalDataWith the amended FDI regulation, companies heavily backed by Chinese investments are in a state of uncertainty for capital raising, GlobalD...
- Cloud kitchens on boil as DPIIT checks FDI complianceGovt is set to make clear if cloud kitchens, started by food-ordering platforms, violate FDI rules.
- Government wants ecommerce companies to make kiranas part of their growth storyThis comes against the backdrop of groups such as CAIT and AIMRA complaining to the govt about online deep discounting and alleging that ec...
- Flipkart to start selling food through FarmerMartIn India, consumers spend about $500 bn on groceries annually. FarmerMart, with an authorised equity capital of Rs 1,845 crore, will sell i...
- Eateries seek compliance by online food aggregatorsThe National Restaurant Association of India will make a representation to the ministry of commerce and industry on Tuesday seeking complia...
- Restaurants seek clarity on E-commerce FDI rule tweakRestaurants want to know if aggregators like Zomato, Swiggy and UberEats are covered under the new FDI rule.
- 'Food aggregators like Swiggy, Zomato making consumers discount addicts'Restaurants have come out swinging against startups that are turning consumers into discount addicts.
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