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2 mins read
Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato
Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…
3 mins read
Swiggy's IPO set to open tomorrow. Should you subscribe?
Food delivery giant Swiggy's IPO, valued at Rs 11,327 crore, opens tomorrow with a muted grey marke…
3 mins read
Swiggy sets IPO price band between Rs 371-390/share; offer likely to open on November 6th. Here's all you need to know
The offer will conclude on November 8, and the listing is tentatively scheduled for November 13, 20…
2 mins read
Swiggy IPO likely between November 6-8, 2024. Here's all you need to know
Notably, Swiggy's rival Zomato, which recently reported a staggering 389% YoY jump in its net profi…
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…
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…
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…
2 mins read
Hyundai Motor India's shares jump 5% on second day, making up for dull debut
Retail investors were largely unenthusiastic about this IPO, subscribing only 0.5x to the offer. Th…
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 …
1 min read
Zomato posts Q4 consolidated net profit at ₹175 crore
Consolidated revenue from operations stood at Rs 3,562 crore. It was Rs 2,056 crore in the year…
PTI
2 mins read
Tamil Nadu power distribution company increases electricity tariff to cover financial loss
The state power distribution company said that the total financial loss of the Tamil Nadu Power Gen…
ANI
4 mins read
With Zomato rallying over 25% in the past month, street looks at the road ahead
Zomato's Q1FY24 results have shown recovery, with the company surpassing its listing price. The fir…
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…
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…
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 …
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…
1 min read
Zomato continues to remain profitable in Q2; shares soar 10%
Food aggregator and delivery company Zomato continued to be profitable for the second straight quar…
ANI
2 mins read
Swiggy's losses jump 2X to ₹3,629 crore in FY22, layoffs coming
Online food delivery platform Swiggy's losses doubled to ₹3,629 crore in FY22 compared to ₹1,617 cr…
1 min read
SoftBank likely sold 2.5% stake worth Rs 747 cr in Delhivery
Integrated logistics provider Delhivery on Friday saw 2.51 per cent of its shares worth Rs 747 cror…
7 mins read
New-age tech companies rake in business but are still making losses
New-age technology companies like Paytm, Delhivery, Zomato and Policybazaar are among companies tha…