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Delhivery to acquire Ecom Express for Rs 1,407 crore

The acquisition is pending approval from the Competition Commission of India and, once completed, Ecom Express will become a subsidiary of Delhivery.

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Delhivery, a third-party logistics company, has announced its decision to acquire Ecom Express Limited for ₹1,407 crore. The company’s board approved the acquisition of approximately 99.4% of Ecom Express shares during a meeting held on April 5, 2025.

In an official exchange filing, Delhivery stated: “We wish to inform you that the board of directors of Delhivery Limited at its meeting held today has considered and approved the acquisition of shares equivalent to at least 99.4% of the issued and paid-up share capital of Ecom Express Limited. The purchase consideration will not exceed ₹1,407 crore.”

The acquisition is pending approval from the Competition Commission of India and, once completed, Ecom Express will become a subsidiary of Delhivery.

Sahil Barua, Managing Director and CEO of Delhivery, commented on the acquisition, stating, “The Indian economy requires continuous improvements in cost efficiency, speed, and reach of logistics. We believe this acquisition will enable us to serve the customers of both companies more effectively.”

Previously, Ecom Express faced challenges, including the layoff of around 500 employees in February and the suspension of its initial public offering (IPO) plans as part of cost-cutting measures. The company’s expenses slightly increased to ₹2,921.5 crore in FY24 from ₹2,902.8 crore in FY23, while revenue grew by 2.2% to ₹2,609.2 crore. Notably, losses decreased to ₹255.8 crore compared to ₹428.1 crore the previous year.

Ecom Express, which delivered goods to over 27,000 pin codes, had approximately 15,600 employees and associates. The company previously planned to go public, but market volatility led to a pause in those efforts.

The Securities and Exchange Board of India (Sebi) had granted approval for the IPO in December, which remains valid until later this year. Ecom Express filed papers in August to raise ₹2,600 crore through the IPO, involving a combination of fresh shares and an offer-for-sale.

In conjunction with this news, Delhivery recently launched a Rapid Commerce service, designed for sub-2-hour deliveries to enhance customer experience for direct-to-consumer brands and e-commerce platforms.

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Women’s quota bill fails in Lok Sabha as it falls short of two-thirds majority

Women’s reservation proposal failed in Lok Sabha after securing 298 votes, below the required two-thirds majority

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Parliament

Government secures 298 votes in favour, 230 against; proposal does not pass constitutional threshold

The proposed amendment related to women’s reservation failed to pass in the Lok Sabha on Friday after the government could not secure the required two-thirds majority.

The bill received 298 votes in favour and 230 against, falling short of the constitutional threshold needed for passage. As a constitutional amendment, it required the support of at least two-thirds of members present and voting.

Despite securing a simple majority, the government was unable to gather sufficient support to meet this requirement.

Debate continues over two days

The discussion on the bill extended late into Thursday and continued on Friday, with members from both sides participating in the debate on women’s representation in legislative bodies.

Prime Minister Narendra Modi urged members to support the proposal, calling for wider consensus on the issue.

Implications of the outcome

The failure of the bill underscores the challenges in securing broad political agreement on constitutional amendments, especially those related to representation and electoral reforms.

The proposal was aimed at advancing women’s representation in the Lok Sabha and state assemblies, an issue that has remained under discussion for several years.

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Rahul Gandhi faces FIR order as Allahabad High Court acts on dual citizenship plea

High Court allows plea in Rahul Gandhi citizenship case, paving the way for further legal process.

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Rahul Gandhi

The Lucknow bench of the Allahabad High Court has allowed a petition seeking legal action in connection with allegations related to Congress leader Rahul Gandhi’s citizenship status, marking a fresh development in the case.

The petition was filed by a political worker, who had approached the court seeking directions for registration of a case over claims that Gandhi may have held foreign citizenship. The High Court, while hearing the matter, passed directions for further proceedings in accordance with law.

The development comes after a special MP/MLA court in Lucknow had earlier declined to order registration of an FIR, reportedly observing that it lacked jurisdiction in matters concerning citizenship.

Background

The case is linked to allegations that Rahul Gandhi may have held British citizenship. Under Indian law, dual citizenship is not permitted. However, these claims remain part of the petitioner’s submissions and have not been established by any court.

During earlier hearings, the High Court had sought records and considered material presented by the parties involved.

What happens next

With the High Court allowing the plea, the matter is expected to proceed as per due legal process. This may involve examination by the appropriate authority and further judicial review at subsequent stages.

The case carries both legal and political significance given Rahul Gandhi’s role as Leader of the Opposition in the Lok Sabha.

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Pawan Khera faces fresh setback as Supreme Court refuses relief in passport row case

Congress leader Pawan Khera faces fresh setback as Supreme Court refuses interim relief and directs him to seek bail from Guwahati High Court.

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Pawan Khera

Congress leader Pawan Khera suffered another legal setback on Friday after the Supreme Court of India declined to extend protection in a case linked to his remarks about Himanta Biswa Sarma’s wife.

A bench of the apex court refused to interfere with an earlier order that had stayed the transit anticipatory bail granted to Khera by the Telangana High Court. This decision leaves the Congress leader open to possible arrest by Assam Police in connection with the case.

During the hearing, Khera’s counsel sought interim protection, but the court declined the request and advised him to approach the appropriate court in Assam for relief. The bench clarified that the Guwahati High Court should decide any bail plea independently and on its merits.

“Am I a terrorist?” remark during hearing

While seeking protection, Khera’s legal team expressed concern over the urgency of the situation. In court, his counsel remarked, “Am I a terrorist?” highlighting the plea for temporary relief until a fresh bail application could be filed.

The Supreme Court also raised concerns over the submission of incorrect documents during the proceedings, adding another layer to the legal complications faced by the Congress leader.

Case linked to remarks on CM’s wife

The case stems from a press conference held earlier this month, where Khera made allegations regarding the citizenship status and financial assets of the Assam Chief Minister’s wife, Riniki Bhuyan Sharma.

He had claimed that she possessed multiple passports and owned undisclosed overseas properties. These allegations were strongly denied by the Chief Minister’s family, who termed them fabricated and misleading.

Legal battle intensifies

Earlier, the Telangana High Court had granted Khera temporary transit anticipatory bail, allowing him time to seek relief from a competent court in Assam. However, the Supreme Court stayed that order following a challenge by Assam authorities, escalating the legal battle.

With the latest ruling, Khera is now expected to move the Guwahati High Court for anticipatory bail as the case continues to unfold.

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