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By securing Indian-Owned-and-Controlled Company (IOCC) status, Eternal gains regulatory flexibility that allows Blinkit to ...
The company said that the Indian-Owned-and-Controlled Company (IOCC) will enable Blinkit to improve its margins -- ...
Quick commerce is on steroids. The two listed companies, Zomato and Swiggy, have doubled their revenue from this segment in ...
Eternal shares climbed 3.97 per cent to hit a high of Rs 243.45 on BSE. Goldman Sachs suggested 'Buy' and a target of Rs 310 ...
By becoming a majority Indian-owned company, the parent of Zomato and Blinkit becomes an Indian-owned-and-controlled company ...
Cash burn in quick commerce will continue to hurt both firms' bottom lines in the fourth quarter as they continue to invest ...
Eternal has proposed capping foreign ownership to gain IOCC status, enabling Blinkit to shift to an inventory-led model and ...
Flipkart board asks CEO Kalyan Krishnamurthy to slash spending as monthly cash burn hits $40 million
CEO Krishnamurthy has been tasked to cut the company’s cash burn to around $250 million a year, at a time when Flipkart has ...
Eternal's board approved the proposal to cap the foreign ownership at 49.50% on a fully diluted basis today The investors ...
JM Financial said the move would enable Blinkit to better compete with competition, as most competitors today continue to ...
Zomato-owned Blinkit has partnered with Bharti Airtel to kick off 10-minute delivery of SIM cards across 16 cities ...
The approval from Eternal's board comes days after Commerce Minister Piyush Goyal said he wished more Indian investors, than ...
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