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SWIGGY SHAREHOLDER VOTE
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...
Swiggy CEO Sriharsha Majety vows to stay out of Amazon-Ambani spending warSwiggy is prioritizing profitability over rapid expansion. The company will not match rivals like Flipkart and Reliance Retail's aggressive...
Swiggy says failed shareholder resolution aimed at governance, not founder controlIn an exchange filing, the company said the proposed amendments were designed to create a governance structure suited to a company without ...
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, magicpin say delivery times improving as gig workers return to citiesDelivery times are improving as gig workers return to cities. This follows the recent state elections and the peak harvest season. Food del...
Swiggy’s Rs 10,000 crore QIP kicks off after shareholders clear fundraise. Here's all you need to knowSwiggy opened its Rs 10,000-crore QIP on Tuesday, a day after shareholders cleared the plan with 99.47% approval. The fundraise—its first s...
Fairly compensating founders with low ownerships is as important as being transparent about itThe size, scope and scale of the two recent stock compensation packages of Elon Musk and Lenskart’s Peyush Bansal may not be comparable, bu...
Fintechs plug into EVs; Groww’s CCI nodHappy Wednesday! Fintech startups are tapping into India’s growing commercial EV market. This and more in today’s ETtech Morning Dispatch.
Zomato shareholders approve Rs 8,500 crore QIP planZomato shareholders have overwhelmingly approved a plan to raise ₹8,500 crore ($1 billion) through a new share sale. The move aims to bolst...
Zomato shareholders approve Rs 8,500 crore QIP plan as quick commerce competition heats upZomato had announced the plan to raise fresh capital last month - at a time when the rapidly growing quick commerce industry is becoming in...
Infosys warns against moonlighting; Amazon Wholesale’s revenue up 26%After Swiggy said in early August it would let employees take up assignments from other companies to supplement their income, a number of I...
Swiggy’s delivery staff strike again; VCs on wait mode & govt scrutiny on TikTok’s re-entryOwing to a reduction in worker payouts and poor working conditions, delivery workers near a dark store of Instamart - Swiggy’s quick commer...
Paytm sticks its neck out; Swiggy, Zomato take enforced lunch breakPaytm’s parent firm One97 Communications is looking to break even on earnings before interest, taxes, depreciation, and amortisation (Ebdit...
Naspers to bet on machine learningNaspers has taken stakes in myriad businesses around the world to try and replicate its success with Tencent, which it backed as a startup ...
Ant Financial gets rights for biggest pie in ZomatoThe agreement is a part of Ant Financial’s $200 million investment in Zomato in February, as per its updated Articles of Association.