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CAPITAL CONTROL IN INDIA
India must finish the capital account reforms begun in 1991India's capital controls have transformed from restrictive permissions to more refined regulations. As the nation pursues its economic aspi...- Delhi flight advisory: Check latest updates from Akasa Air, Air India, IndiGo and other airlinesHeavy rains lashed Delhi, Noida, and Gurugram, bringing relief from humidity. Waterlogging affected traffic movement and caused flight dela...
- ET Prime Special Series: Multibagger or IBC - Part 66: This old auto ancillary giant is betting big on the next energy shiftFor 40 years, this was one of those businesses the market treated as safe – and slightly dull. It dominated its market, and it generated st...
- 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...
- Aviva set to become first foreign insurer to fully own India life businessUK insurer Aviva Plc is set to fully own its Indian life insurance venture. This move follows India's recent policy allowing total foreign ...
- As America charges jailed gangster Lawrence Bishnoi, NIA probe against him in focusUS authorities have charged jailed gangster Lawrence Bishnoi and Goldy Brar for ordering Nijjar's assassination. This action is part of a w...
- 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...
- DPCC rolls out Dust Portal 2.0 to tighten monitoring of construction-related pollutionNew Delhi construction projects must now submit compliance reports and install air quality sensors. The upgraded Dust Portal 2.0 requires l...
- 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.
- Retailer body seeks government action over Amazon, Flipkart's quick commerce pushThe All India Consumer Products Distributors Federation (AICPDF) said foreign-backed marketplace platforms must operate strictly within Ind...
- Finance Ministry to fully switch to ebills from August 1, reduce payment processing to 3 daysGovernment vendors will receive payments within three working days starting August. All ministries will fully switch to electronic bill pro...
- 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...
- NCLT order pertains only to 4.26% share transfer, not acquisition of Entertainment CityThe NCLT ordered the registration of a 4.26% share transfer in Entertainment City Limited. This transfer involves shares from IIRF Holdings...
- TPG to buy NIIF’s green NBFC Aseem Finance for $500 mnLaunchpad for new financing platform that US PE Group is setting up with GIC of Singapore, ICICI Bank. TPG’s investment is being made throu...
- AI's biggest winners may be the engineers who don't write codeIndia's AI data-centre industry is witnessing explosive growth, leading to an unprecedented demand for mechanical and electrical engineers ...
- From being a trust to gaining trust: AIFs call for switch to LLP modelIndia's private equity and venture capital sector is pushing for a crucial structural change to attract more foreign investment. The indust...
- Carlsberg files IPO papers to raise $700 millionDanish brewer Carlsberg has taken a significant step towards listing its Indian operations by confidentially filing draft papers for a $700...
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