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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‘Weakened our negotiating position’: Congress demands clarity on China’s role in Operation Sindoor; calls relationship ‘lopsided’ | India News

Congress leader Jairam Ramesh NEW DELHI: Congress on Wednesday launched a broadside against the Centre and sought a clarification on China’s role after Beijing claimed credit for mediation between India and Pakistan after tensions flared up between the two countries in May.Congress leader Jairam Ramesh, in a social media post on X, said that China’s…

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Amazon plans to do an ‘impossible’ in data centers with its ‘Project Houdini’, here’s what it means

Amazon may have a solution to significantly reduce the time required to build data centres, a crucial step for AI development. Reports suggest that the tech giant’s Project Houdini initiative aims to accelerate construction by relocating much of the work from on-site locations to factory-based assembly.According to a Business Insider (BI) report, the initiative focuses…

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‘Don’t give up, stay ready’: KL Rahul’s message to young cricketers | Cricket News

NEW DELHI: Ahead of the second ODI against New Zealand on Wednesday, India wicketkeeper-batter KL Rahul struck a powerful, reflective note while interacting with budding cricketers during the Men in Blue’s training session in Vadodara. In a video shared by the BCCI, Rahul’s words underlined patience, perseverance and readiness — themes that have shaped his…

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‘We make lot of money’: Trump on rising oil prices, says stopping ‘evil empire Iran’ is of greater interest

Donald Trump (File photo) US President Donald Trump said his country could benefit economically from rising oil prices but added that preventing Iran from acquiring nuclear weapons remains his overriding priority. He called Iran an “evil empire” and warned that its nuclear ambitions could threaten the stability of the Middle East and beyond.“The United States…

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‘Choice between fear and trust’: Amit Shah releases ‘chargesheet’ against TMC | India News

Amit Shah releasing ‘chargesheet’ against TMC NEW DELHI: Union home minister Amit Shah on Saturday released the BJP’s “charge sheet” against the Trinamool Congress (TMC)-led West Bengal government ahead of assembly polls in the state.Speaking at a press conference in Kolkata, Shah emphasised that the upcoming elections would be a choice between “fear and trust.”…

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