Swiggy”s board approved capping foreign ownership at 49.5% to achieve Indian-owned-and-controlled status. This enables direct Instamart sales, boosting margins. Shareholders to vote Aug 18. New Delhi, Jul 23 (PTI) Swiggy on Thursday said its board has approved a proposal to cap the company’s aggregate foreign ownership at 49.5 per cent on a fully diluted basis,…
Maharashtra has launched the Bharat Taxi service, introducing a cooperative-based ride-hailing model that aims to give taxi drivers ownership in the platform while offering passengers transparent fares without surge pricing or hidden charges. The service was launched at Navi Mumbai International Airport by Maharashtra Chief Minister Devendra Fadnavis and Union Minister of State for…
The announcement came after a high-level meeting held at Mantralaya to discuss the proposed launch of Sahakar Taxi Co-operative Limited (Bharat Taxi). The meeting was attended by Transport Minister Pratap Sarnaik, Minister of State Madhuri Misal, and several legislators including Pravin Darekar, Ravindra Chavan, Prasad Lad, Prashant Thakur, Mahesh Baldi, and Randhir Savarkar, along with…
Last Updated:February 24, 2026, 18:38 IST Under Bharat Taxi’s cooperative model, cab drivers will be able to become shareholders by investing Rs 500, hence becoming co-owners with a small investment Bharat Taxi drivers will be able to purchase shares worth Rs 500 to become co-owners. The Centre has unveiled a cooperative-based ride-hailing platform, Bharat Taxi,…
Last Updated:February 24, 2026, 18:38 IST Under Bharat Taxi’s cooperative model, cab drivers will be able to become shareholders by investing Rs 500, hence becoming co-owners with a small investment Bharat Taxi drivers will be able to purchase shares worth Rs 500 to become co-owners. The Centre has unveiled a cooperative-based ride-hailing platform, Bharat Taxi,…
Union Cooperation Minister Amit Shah interacted with drivers (Saarthis) of Bharat Taxi in New Delhi. In a video released today, Mr Shah said that Bharat Taxi Cooperative is to empower the drivers by providing them the ownership of their work. He mentioned that the initiative focuses to curb the problems related to private taxi service…
Bharat Taxi begins operations with driver ownership model in Delhi-NCR and Gujarat Prop News Time Source link
‘Sarathi Hi Malik’: No commission, full ownership — Amit Shah launches Bharat Taxi Zee Business Source link
Social media platform TikTok on Friday announced that it has finalised the creation of a majority American-owned joint venture to run its US operations, a move designed to avert a long-threatened ban linked to its Chinese ownership. The new entity, TikTok USDS Joint Venture LLC, will serve more than 200 million American users and around…