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,…
As per the current law, an entity cannot be a promoter in two insurance ventures. As a result, Prudential has to reduce its shareholding in ICICI Pru Life to under 10 per cent from around 22 per cent at present. Mumbai:The decision with regard to re-classification came in view of Prudential signing definitive agreements on…
CHENNAI: Expressing concern over live-in relationships ‘happening everywhere’ and calling it a ‘cultural shock’, Madras high court said women in such relationships ought to be protected by granting the status of a wife.“Live-in relationships are a cultural shock to Indian society, but they are happening widely everywhere. The girls assume that they are modern and…
Parliament has cleared the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, 2025, with the Rajya Sabha passing it on 18th December, completing the legislative process after Lok Sabha approval. The Bill brings major reforms to India’s nuclear governance framework, most notably by granting statutory status to the Atomic Energy Regulatory…
Philip Rivers’ status for week 15 (Image via: Getty Images) The Indianapolis Colts have shocked the NFL by pulling 44-year-old Philip Rivers out of retirement after Daniel Jones went down with a season-ending Achilles injury. With the playoff race tightening and stability at quarterback slipping away, the Colts turned to a trusted veteran who already…
Defence Minister Rajnath Singh proposed adding a fundamental duty to the Constitution, mandating equal respect for ‘Vande Mataram’ as the national anthem. He accused Congress of communalizing the song due to appeasement politics, urging parliamentarians to restore its glory and honor its author. Singh highlighted historical attempts to truncate the song, deeming it an injustice…
The airline recorded the largest number of flight cancellations by an Indian carrier in the nation’s aviation history. (ANI photo) IndiGo flight cancellations latest news: IndiGo has said that it expects to operate more than 1500 flights by day’s end on Saturday, having restored over 95% of network connectivity by serving 135 out of 138…
NEW DELHI: Noting that both partners in a marriage must work to meet individual as well as family needs and aspirations, which include securing good education for their wards, SC has said a child custody dispute between working parents cannot be decided in favour of one of them on the criterion that they work from…