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Deepinder Goyal to Step Down as Eternal CEO; Blinkit’s Albinder Dhindsa Named Successor
Zomato’s parent company, Eternal Limited, announced that CEO Deepinder Goyal will step down on February 1, 2026. Blinkit CEO Albinder Dhindsa will take over as the new chief executive. In a letter to shareholders, Goyal said he has been drawn toward high‑risk, experimental ideas that are better pursued outside the public company, which must sta...
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Manchester City Owners Explain Decision To Exit Mumbai City FC Amid ISL Row
Mumbai City FC on Friday confirmed that City Football Group, which held a majority stake in the club, has divested its entire shareholding to the founding partners of the Indian Super League franchise in the wake of the uncertainty over the ISL's future.
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Man Escapes Major Accident, Credits Tesla's Self-Driving Feature, Elon Musk Reacts
Tesla says that the Full Self-Driving (Supervised) helps with driving manoeuvres for users "intelligently" and "accurately".
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Sunjay Kapur's Mother Is Not A Shareholder, Says Company Amid Family Feud
The feud brewing within the Kapur family-owned Sona Group took a sharp turn Friday evening after the board said Rani Kapur, who had claimed majority shareholder status, had not been a shareholder at all since 2019.
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Who Is Priya Sachdev Kapur, Wife Of Late Businessman Sunjay Kapur, At Centre Of Rs 30,000 Crore Empire
Priya Sachdev Kapur has emerged as a central figure in the high-stakes legal battle over control of the Rs 30,000-crore Sona Group empire.
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Family Drama, Power Play After Businessman Sunjay Kapur's Death
Dramatic allegations - 'forced to sign documents behind locked doors' and 'left to the mercy of a few for survival' - were made Friday by Rani Kapur, late businessman Sunjay Kapur's mother, hours before an AGM of the family-owned Sona Comstar.
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Adani Group Seeks Competition Commission's Nod To Acquire Jaiprakash Associates
Billionaire Gautam Adani-promoted Adani group on Tuesday sought approval from the Competition Commission of India (CCI) to acquire Jaiprakash Associates Ltd.
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Adani Enterprises Sells 20% Stake In AWL Agri Business To Wilmar International
Adani Enterprises Ltd (AEL) said on Thursday that it has signed an agreement to sell a 20 per cent stake in AWL Agri Business Ltd. to Wilmar International's subsidiary, Lence Pte Ltd, for Rs 275 per share, valuing the deal at Rs 7,150 crore.
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Meta Shareholders Vote Against Bitcoin Treasury Assessment Proposal
In a landslide majority, Meta's stakeholders have decided to not allocate any portion of the company's assets into Bitcoin for now. The volatility of Bitcoin emerged as a matter of concern for Meta.
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Ranya Rao's Firm Had Huge Land Grant: Congress's Tit-For-Tat Allegation
Actor Ranya Rao, arrested for allegedly smuggling 14 kg gold at the Bengaluru airport, was the majority shareholder of a company that received a massive parcel of government land during the BJP rule in the state.
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Byju's Gets Majority Of Shareholders' Approval For $200 Million Rights Issue
The majority of shareholders of edtech firm Think and Learn, owner of Byju's brand, have approved the company's resolution to increase its authorised share capital to absorb USD 200 million raised through the rights issue, a statement said on Monday.
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UK's Biggest Water Supplier At Risk Of Nationalisation As Financial Crisis Worsens
Debt-plagued Thames Water revealed Thursday that it failed to raise a major cash injection from shareholders, blaming industry regulations that made its rescue plan "uninvestable".
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Byju's Investors Vote To Oust CEO In Hours-Long Zoom Call Crashed By Staff
Major Byju's shareholders including Prosus NV and Peak XV Partners voted Friday to oust its founder as chief executive officer, escalating a battle over the fate of the once high-flying online tutoring startup that is fighting to remain in business.
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Auto Components Maker Lifelong Group Acquires After-Sales Service Startup GoMechanic
Auto components maker Lifelong Group on Wednesday said it has acquired stressed automobile after-sales service startup GoMechanic for an undisclosed amount. The GoMechanic business has been acquired by the Lifelong Group as the majority shareholder under Servizzy consortium, the Delhi-based firm said in a statement.
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OneWeb Completes Satellite 'Constellation' to Offer Global Internet Coverage Like Rival Starlink
OneWeb on Sunday launched the last 36 satellites in its 616-satellite “constellation”, ahead of the company's plans to offer global broadband coverage in 2023. The Starlink rival plans to provide coverage to the lower 48 US states in May and the rest of the world later this year.
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Deepinder Goyal to Step Down as Eternal CEO; Blinkit’s Albinder Dhindsa Named Successor
Zomato’s parent company, Eternal Limited, announced that CEO Deepinder Goyal will step down on February 1, 2026. Blinkit CEO Albinder Dhindsa will take over as the new chief executive. In a letter to shareholders, Goyal said he has been drawn toward high‑risk, experimental ideas that are better pursued outside the public company, which must sta...
-
Manchester City Owners Explain Decision To Exit Mumbai City FC Amid ISL Row
Mumbai City FC on Friday confirmed that City Football Group, which held a majority stake in the club, has divested its entire shareholding to the founding partners of the Indian Super League franchise in the wake of the uncertainty over the ISL's future.
-
Man Escapes Major Accident, Credits Tesla's Self-Driving Feature, Elon Musk Reacts
Tesla says that the Full Self-Driving (Supervised) helps with driving manoeuvres for users "intelligently" and "accurately".
-
Sunjay Kapur's Mother Is Not A Shareholder, Says Company Amid Family Feud
The feud brewing within the Kapur family-owned Sona Group took a sharp turn Friday evening after the board said Rani Kapur, who had claimed majority shareholder status, had not been a shareholder at all since 2019.
-
Who Is Priya Sachdev Kapur, Wife Of Late Businessman Sunjay Kapur, At Centre Of Rs 30,000 Crore Empire
Priya Sachdev Kapur has emerged as a central figure in the high-stakes legal battle over control of the Rs 30,000-crore Sona Group empire.
-
Family Drama, Power Play After Businessman Sunjay Kapur's Death
Dramatic allegations - 'forced to sign documents behind locked doors' and 'left to the mercy of a few for survival' - were made Friday by Rani Kapur, late businessman Sunjay Kapur's mother, hours before an AGM of the family-owned Sona Comstar.
-
Adani Group Seeks Competition Commission's Nod To Acquire Jaiprakash Associates
Billionaire Gautam Adani-promoted Adani group on Tuesday sought approval from the Competition Commission of India (CCI) to acquire Jaiprakash Associates Ltd.
-
Adani Enterprises Sells 20% Stake In AWL Agri Business To Wilmar International
Adani Enterprises Ltd (AEL) said on Thursday that it has signed an agreement to sell a 20 per cent stake in AWL Agri Business Ltd. to Wilmar International's subsidiary, Lence Pte Ltd, for Rs 275 per share, valuing the deal at Rs 7,150 crore.
-
Meta Shareholders Vote Against Bitcoin Treasury Assessment Proposal
In a landslide majority, Meta's stakeholders have decided to not allocate any portion of the company's assets into Bitcoin for now. The volatility of Bitcoin emerged as a matter of concern for Meta.
-
Ranya Rao's Firm Had Huge Land Grant: Congress's Tit-For-Tat Allegation
Actor Ranya Rao, arrested for allegedly smuggling 14 kg gold at the Bengaluru airport, was the majority shareholder of a company that received a massive parcel of government land during the BJP rule in the state.
-
Byju's Gets Majority Of Shareholders' Approval For $200 Million Rights Issue
The majority of shareholders of edtech firm Think and Learn, owner of Byju's brand, have approved the company's resolution to increase its authorised share capital to absorb USD 200 million raised through the rights issue, a statement said on Monday.
-
UK's Biggest Water Supplier At Risk Of Nationalisation As Financial Crisis Worsens
Debt-plagued Thames Water revealed Thursday that it failed to raise a major cash injection from shareholders, blaming industry regulations that made its rescue plan "uninvestable".
-
Byju's Investors Vote To Oust CEO In Hours-Long Zoom Call Crashed By Staff
Major Byju's shareholders including Prosus NV and Peak XV Partners voted Friday to oust its founder as chief executive officer, escalating a battle over the fate of the once high-flying online tutoring startup that is fighting to remain in business.
-
Auto Components Maker Lifelong Group Acquires After-Sales Service Startup GoMechanic
Auto components maker Lifelong Group on Wednesday said it has acquired stressed automobile after-sales service startup GoMechanic for an undisclosed amount. The GoMechanic business has been acquired by the Lifelong Group as the majority shareholder under Servizzy consortium, the Delhi-based firm said in a statement.
-
OneWeb Completes Satellite 'Constellation' to Offer Global Internet Coverage Like Rival Starlink
OneWeb on Sunday launched the last 36 satellites in its 616-satellite “constellation”, ahead of the company's plans to offer global broadband coverage in 2023. The Starlink rival plans to provide coverage to the lower 48 US states in May and the rest of the world later this year.
