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SWIGGY FOREIGN OWNERSHIP
Swiggy to see $400 million outflows after Indian-owned status? Jefferies explains whySwiggy is moving closer to becoming an Indian-owned and controlled company (IOCC), a move that could enable an inventory-led model for Inst...- Swiggy shareholders approve proposal to become Indian-owned and controlledSwiggy shareholders have approved proposals enabling the company to become Indian-owned and controlled, including changes to board appointm...
- Atomberg's funding plans; Neocloud firms eye India capacityHappy Wednesday! Atomberg Technologies is in talks to raise funding for its engineering arm ahead of a public listing. This and more in tod...
- Flipkart’s food delivery foray; Swiggy CEO on qcomm competitionFlipkart will launch its food delivery pilot next month, CEO Kalyan Krishnamurthy said. This and more in today’s ETtech Top 5.
- Why Swiggy shares fell over 5% today: Foreign ownership cap sparks $460 million passive outflow fearsSwiggy shares fell after the company proposed cutting its foreign ownership limit to 49.5% from 100%, raising concerns over its eligibility...
- Flipkart chief rules out IPO timeline; Infosys names new CEOHappy Friday! Flipkart group CEO Kalyan Krishnamurthy talked to us about IPO plans, quick commerce, and festive demand. That and more in to...
- Infosys’ next CEO; Swiggy renews Indian-ownership bidInfosys announced on Thursday that company veteran Ashiss Kumar Dash will be the CEO from April 2027. This and more in today’s ETtech Top 5.
- Swiggy board approves 49.5% foreign ownership cap, renews bid to become Indian-ownedThe cap will allow Swiggy to remain majority Indian-owned, which in turn, will enable it to transition to an inventory-led model. Swiggy's ...
- 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...
- 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...
- 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...
- 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...
- 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...
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