October 14, 2026
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Swiggy said on Tuesday that shareholders have approved a proposal to cap aggregate foreign ownership at 49.5%, clearing a key hurdle for the food and grocery delivery company to qualify as an Indian-owned and controlled company (IOCC). The move could allow Swiggy’s quick-commerce business, Instamart, to shift from a marketplace model to an inventory-ownership model, […]Continue Reading
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Flipkart has partnered with Netflix to offer its Flipkart Plus loyalty members a free 30-day Netflix Mobile subscription as part of a new rewards programme. Starting August 1, eligible members who place four qualifying orders in a calendar month will receive access to the streaming service, encouraging greater customer engagement and repeat purchases. To qualify, […]Continue Reading
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Eternal, the parent company of Zomato and Blinkit, reported a nearly four-fold increase in its first-quarter net profit to ₹920 million. However, the earnings fell short of analysts’ expectations as intense competition and continued investments in its quick-commerce business, Blinkit, put pressure on profit margins. The company said competition in the quick-commerce Continue Reading

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