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2 mins read
Weekend wrap: Swiggy IPO price band, BlinkIt gold coin customer's ordeal, India's GDP woes, and more
Swiggy will launch its IPO with a price band of ₹371-₹390 per share on November 6. A Blinkit custom…
2 mins read
Zomato's net profit jumps 389% YoY, board approves Rs 8,500 crore fund-raise proposal
Ahead of the IPO of rival food and grocery delivery competitor Swiggy, Zomato's board also approved…
2 mins read
Zomato's Deepinder Goyal joins elite list of Indian billionaires
Zomato CEO Deepinder Goyal became a billionaire after a 2.22% stock surge to Rs 227.40, increasing …
4 mins read
Zomato's cost control efforts are hurting the startup: Strike at Blinkit to hurt revenues by 1%
Zomato is in the news for its efforts to control costs and achieve breakeven – it’s increasing the …
1 min read
Zomato halves its Q1 losses: revenues surge 67%
Online food delivery platform Zomato on Monday reported Rs 185.7 crore in consolidated loss for the…
4 mins read
The street is not 'Blinking' on Zomato anymore
Zomato has delivered more than profits to the table in the first quarter. It’s a rare new-age compa…
1 min read
Over 100 Blinkit dark kitchens shut in Delhi-NCR due to delivery boys' strike
Zomato-owned quick commerce platform Blinkit has shut down over 100 dark kitchens in Delhi, Gurugra…
4 mins read
Analysts upbeat on Zomato’s profitability after company beats Q4 estimates
Analysts are bullish on Zomato after the online food delivery platform, on Friday, posted better-th…
2 mins read
Zomato registers ₹125 crore profit in Q3 FY24, revenue up 53%
Food delivery platform Zomato on Thursday said it registered Rs 125 crore in profit in the third qu…
2 mins read
Zomato, Blinkit will cross-leverage each other's customer base soon, says Deepinder Goyal
Once the Rs 4,447 crore (about $568 million) acquisition of Blinkit is closed, Zomato will experime…
5 mins read
RIL’s Q4 net profit of ₹19,299 crore beats analyst expectations, driven by retail
Mukesh Ambani-led Reliance Industries on Friday reported a net profit of ₹66,702 crore for the full…
5 mins read
No long-tail effect: Zomato banks on demand recovery in future, even as it shuts operations in 225 cities on poor performance
Food delivery platform Zomato has ceased operations in 225 smaller cities as their performance was …
3 mins read
Zomato net loss narrows to ₹188 crore in Q4, revenue rises 70% YoY
Online food delivery platform Zomato on Friday said that its consolidated net loss narrowed to abou…
6 mins read
HCL Tech projects its revenue to grow between 6-8% in FY24
Indicating that the Indian IT sector might be entering the slow lane, HCL Tech said on Thursday tha…
4 mins read
DMart has more stores and no disruptions like it wanted – and investors are excited
DMart is a well-known name thanks to its big discounts and wide availability of products from names…
3 mins read
DMart is focussing on being a cost-effective grocer, but the market wants it to be more than that
The good news for investors is that it has managed to cut costs further. But analysts like ICICI…
3 mins read
Diwali and Christmas may have saved DMart’s quarter
The normalcy around this festive season was an added bonus, which further boosted customer’s con…
2 mins read
Swiggy IPO likely in November, looking to raise Rs 11,000 crore; Rahul Dravid, Karan Johar bite into pre-IPO pie
The firm is likely to raise around Rs 11,000 crore, which will include a fresh issue of Rs 5,000 cr…
3 mins read
Ahead of much awaited IPO, what is Swiggy upto? Launching XL Fleet, premium membership and kicking out Zomato CEO
In the buildup to its IPO, the delivery giant is dialing up the competitive fever big time with r…
3 mins read
Zomato to acquire Paytm's entertainment ticketing business for Rs 2,048 crore
Zomato has acquired Paytm's entertainment ticketing division for Rs 2,048 crore. The move, includin…