Eternal CEO transition: Zomato founder Deepinder Goyal gives up Rs 1,000 crore in stock options; what it means for shareholders

Billionaire founder Deepinder Goyal has relinquished over Rs 1,000 crore worth of unvested employee stock options (ESOPs) at Eternal, marking one of the most significant founder-led governance moves seen in India’s listed internet sector in recent years.The decision comes alongside a leadership transition at the food delivery and quick-commerce major, with Goyal stepping down as…

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‘Acting like party agents’: Stalin seeks to scrap governor’s address; to consult ‘like-minded opposition parties’ | India News

NEW DELHI: Tamil Nadu chief minister MK Stalin on Thursday said his party DMK would consult like-minded opposition parties to move a constitutional amendment to end the practice of the governor’s address at the start of the first assembly session. This comes after a series of confrontations in Opposition-ruled states where governors refused to read…

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India–US trade deal: Vaishnaw sees Donald Trump’s optimism as ‘encouraging’; says India ‘deeply engaged’

India remains deeply engaged on global trade issues, Union minister Ashwini Vaishnaw said on Thursday signalling confidence after US President Donald Trump expressed optimism about trade deal with New Delhi.Vaishnaw, who is in Davos for the World Economic Forum (WEF) Annual Meeting, said Trump’s comment is very encouraging. “Given India’s position and deep engagement on…

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‘World’s biggest flop family’: Assam CM Himanta takes dig at Gandhis; claims he is ‘victim’ of Rahul-Priyanka rift | India News

Assam chief minister Himanta Biswa Sarma said on Thursday that he was a “victim” of an alleged rift between Rahul and Priyanka Gandhi during his time in Congress party.Speaking to NDTV, Sarma, who spent 22 years in the Congress before joining the BJP, said “Rahul doesn’t want Priyanka in Kerala. I was in Congress for…

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US markets today: Wall Street extends rebound as Donald Trump eases tariff stance; global equities steady

US equities moved higher on Thursday, clawing back more of the losses from earlier in the week, after President Donald Trump stepped back from tariff threats linked to Greenland, easing concerns over a widening transatlantic trade rift.In early trade, the S&P 500 rose 0.7%, adding to Wednesday’s strong rebound. The Dow Jones Industrial Average gained…

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Murshidabad BDO office vandalised: EC orders FIR against TMC MLA Monirul Islam; cites poll-duty obstruction | India News

Election Commsiion of India (File photo) NEW DELHI: The Election Commission on Thursday directed to register an FIR against Trinamool Congress MLA Monirul Islam for alleged vandalism at the Farakka Block Development Office (BDO) in West Bengal last week. The poll body asked the district administration to file the FIR by 5 pm, after observing…

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‘Indian aviation may lose Rs 18,000 cr this fiscal, up from Rs 5600 in FY25:’ ICRA

NEW DELHI: Credit rating agency ICRA has projected a sharp rise in India aviation industry’s losses to Rs 17,000-18,000 crore in FY2026, compared to Rs 5,600 crore in FY2025, due to multiple factors like slowing domestic traffic growth, increase in jet fuel prices and the depreciating rupee. Additionally, 133 aircraft of Indian carriers — representing…

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