indian owned and controlled company

Eternal (formerly Zomato) is seeking shareholder approval to cap foreign ownership at 49.5% to maintain its status as an Indian-owned-and-controlled company (IOCC). This move aims to unlock new opportunities for its quick commerce business, Blinkit, potentially allowing it to transition to an inventory-led model and introduce underserved categories, improving margins and customer offerings.

Flipkart is relocating its holding company from Singapore back to India, a move prompted by Walmart's plans for an IPO of the e-commerce giant on Indian stock exchanges. This repatriation aligns Flipkart's structure with its core operations and mirrors a growing trend among Indian startups seeking favorable domestic listing opportunities.

Stellantis is set to introduce Leapmotor EVs to India, expanding its electric vehicle offerings in the rapidly growing market. Leapmotor, Stellantis' joint venture partner, has seen significant global sales growth. The company may leverage its local manufacturing to assemble Leapmotor EVs, potentially offering competitive pricing in the price-sensitive Indian market.

Amidst US trade tensions, Chinese firms like Shanghai Highly and Haier are showing increased flexibility towards Indian regulations, now accepting minority ownership in joint ventures. This shift is driven by potential exclusion from the US market and India's attractive manufacturing incentives. India's stable environment and tariff advantages are drawing foreign investments, positioning it as a key alternative to China.

Amidst escalating trade tensions with the US, fueled by Trump's tariffs, China is seeking new markets, particularly India. Despite past border clashes and investment restrictions, Chinese companies are now showing flexibility, accepting minority stakes and technology transfers to access India's growing market and potentially bypass US tariffs through Indian manufacturing.

A Delhi court has deferred issuing notices to Sonia and Rahul Gandhi in the National Herald case, directing the Enforcement Directorate to rectify defects and provide more relevant documents. This development follows the ED's April 9 chargesheet, which alleges money laundering involving Rs 5,000 crore. The matter has been scheduled for hearing on May 2.

A Thai-Chinese steel company is under investigation after a high-rise building collapsed following an earthquake in Bangkok, raising concerns about construction safety and material quality. Xin Ke Yuan Steel denies allegations that its steel rods failed safety tests, despite government claims and a suspended operating license due to a previous fatal fire.

The Trump administration is using tariff threats to pressure India into fully opening its $125 billion e-commerce market to American giants like Amazon and Walmart's Flipkart. These negotiations, highlighted by recent meetings between US and Indian officials, aim to address what Washington considers unfair trade barriers.

The petrol variant featured a 1.3-litre turbocharged engine delivering 163 hp and 250 Nm of torque, paired with a 7-speed automatic transmission. The 2.0-litre diesel engine, available in standard and AMG Line trims, produced 190 bhp and 400 Nm of torque, mated to an 8-speed dual-clutch automatic gearbox

The article explores the "Let Them" theory, popularized by Mel Robbins, as a mindset shift from controlling others to focusing on personal actions and emotional peace. It highlights the benefits of reduced stress and improved relationships through self-awareness and acceptance. While beneficial, the theory's limitations in harmful situations and potential for misinterpretation are also discussed.

UPI Circle, launched by NPCI on the BHIM app, enables delegated payments with security and oversight, expanding financial inclusion. Primary users can authorize secondary users to make transactions within set limits, benefiting those lacking digital literacy or bank accounts. This structured approach reduces cash reliance and increases transparency for families and businesses.

Sydney Sweeney is set to star in and executive produce a film adaptation of the hit video game 'Split Fiction,' directed by Jon M. Chu and written by Rhett Reese and Paul Wernick. The movie, developed by Story Kitchen and Electric Somewhere, will bring the fantasy and science fiction world of Zoe and Mio to the big screen.

Delhivery Ltd has sought CCI approval to acquire a controlling stake in Ecom Express for Rs 1,400 crore in an all-cash deal. Both companies believe the transaction won't significantly impact competition, citing potential overlaps in express parcel delivery and warehousing. The deal aims to enhance customer service through investments in infrastructure and technology, aligning with India's growing logistics needs.

The BJP has intensified its attack on the Gandhi family regarding the National Herald case, labeling it a clear instance of fraud and money laundering. BJP leader Hardeep Singh Puri asserted that Congress workers are being misled by leaders implicated in the chargesheet.