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Chinese multinational Alibaba exits India, sells its entire stake in Paytm

With this sale, Alibaba is no longer a stakeholder in Paytm. The company had sold around 3.1 per ce…

ANI   


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2 mins read

Hotel industry body cautions restaurants over Zomato Pay, Swiggy Diner

However, restaurants will now compulsorily offer discounts in the range of 15-40 per cent to e…

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4 mins read

SIMPLY PUT: “Zomato’s delivery charges are more than its stock price”

And the one equity research firm which stood behind the company was also trolled. Brutal times…

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2 mins read

Zomato stops new users, renewals for its loyalty dining programme Pro

Online food delivery platform Zomato has stopped signing up new users or renewing old subscriptions…

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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…

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India's services sector growth hits 6-month high in December on strong demand

For the 17th straight month, the headline figure was above the neutral 50 threshold. In Purchasi…

PTI   


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Zomato’s path to profitability in the next three years requires two things, say analysts

Brokerages believe there might be a chance for the company to woo investors in a few years as th…

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2 mins read

I made ₹2.25 crore within 8 minutes of Zomato IPO opening: Ashneer Grover

Former BharatPe co-founder and managing director Ashneer Grover has revealed he made a cool ₹2.25 c…

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3 mins read

Swiggy’s Instamart is a success but a grocery entry can become Zomato’s ‘poison pill’ says report

Zomato is again trying its hand at something that it has failed twice at – grocery delivery. This t…

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2 mins read

Ashneer Grover blames Zomato's Blinkit acquisition for its share price fall

Former BharatPe Co-founder and managing director Ashneer Grover said on Tuesday that Zomato should …

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2 mins read

Foreign students could be blocked from attending all but the best UK universities

Universities on Friday warned of potential job loses amid claims that foreign students could be ban…

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4 mins read

The Taste of India: American chains go desi with veg makhani burgers, tandoori tofu subs and achaari pizzas

Over a quarter of the menus of top QSRs like Pizza Hut, Dominos, Subway, McDonald’s and KFC are ‘In…

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3 mins read

Qmin has been profitable business for IHCL from day one, says Jehangir Press

Indian Hotels, the operator of Taj Hotels, launched its food delivery platform Qmin two years ago. …

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4 mins read

There’s a way government can prod Zomato, Swiggy, Uber and Ola to increase salaries of delivery partners and drivers

Under Section 80JJAA provision of the Indian Income Tax Act, companies can get a tax deduction f…

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1 min read

Zomato-backed Shiprocket acquires B2B logistics aggregator platform Rocketbox

The Rocketbox (now Rocketbox by Shiprocket) founders will join the Shiprocket leadership team an…

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4 mins read

Delhivery is nothing like Zomato or PayTM - Credit Suisse expects the stock to outperform

Though the logistics company banks on delivering goods for top e-commerce players, it doesn’t fa…

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1 min read

Blue-collar workforce management platform BetterPlace aquires OkayGo, aims to provide pre-skilled workers in India

With this move, BetterPlace said it aims to reduce the cost of hiring for enterprises by 15-20 per …

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3 mins read

Zomato to Grasim to Aditya Birla Capital — here are six stocks that brokerages say you should buy

The Indian stock market has been going through a slump for quite some time — thanks to the Russia-…

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Zomato makes a strong public market debut at 51% premium

Zomato makes a strong public market debut at 51% premium, shares open at ₹116

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Zomato IPO to open on July 14 ⁠with shares priced at ₹72-76 apiece

Zomato will be floating its IPO next week on July 14 and has set the offer price for these public s…