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2 mins read

Swiggy is now valued more than Zomato

Swiggy was valued at $10.7 billion in this latest round, a source close to the deal told Busines…

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2 mins read

eMudhra lists at a 6% premium but analysts ask investors to hold on it

Buoyed by rising stock markets today, eMudhra listed on the Indian exchanges at a 6% — giving a pos…

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4 mins read

Block deal bonanza for investors as bull run continues

Indian stock market indices are scaling new highs every day with the Nifty having scaled Mt 21,000 …

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3 mins read

Mankind Pharma enters top 100 companies by market cap after a stellar listing

After a lull period of over four months in 2023, the stellar debut of Mankind Pharma has rekindled …

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6 mins read

TCS retains No 1 spot as India’s top brand but tech sector takes a hit

The combined value of Kantar BrandZ’s top-75 Indian brands shed 4% of their value to $379 billion i…

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3 mins read

Policybazaar’s value shrinks by around $400 mn in a day after its CEO sells shares

The company informed exchanges at around 10 pm on June 6 that Yashish Dahiya, chairman and CEO o…

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4 mins read

New-age startups Zomato, PolicyBazaar, Nykaa and Paytm witness sharp corrections, market cap craters by over ₹6,000 crore

Share prices of all new-age startups — Zomato, PolicyBazaar, Nykaa and Paytm — witnessed a major fa…

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1 min read

Delhivery makes a tepid debut on exchanges as it rises 1% on listing day

The Indian equity markets added another stock to the list of new age technology stocks — logistics …

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3 mins read

These stocks are hot favourites of FPIs even as they sell index heavyweights

Foreign capital flows into Indian equities remain volatile, even though India has outperformed most…

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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…

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7 mins read

A billion little pieces: Unicorns lose bragging rights as funding winter deepens

A unicorn, by its very definition, is a rare creature only to be found in myths and fairytales. Not…

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5 mins read

Capital-intensive, cyclical and value stocks to continue their outperformance

Capital-intensive, cyclical and value stocks have outperformed since FY21, according to a report by…

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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…

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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 …

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4 mins read

Zomato reveals its much-awaited IPO plan and it’s worth $1.1 billion

Zomato is offering equity shares worth ₹8,250 crore, out of which ₹7,500 crore will be a fresh i…

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4 mins read

Shinier Zomato Gold, better commissions makes analysts bullish in the long term

Zomato’s stock has been under the pump in 2023, declining by over 12% while the benchmark Nifty50 i…

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3 mins read

India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030

India's e-commerce market is projected to cross USD 300 billion by 2030, driven by a growing digita…

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3 mins read

Recent IPO successes could lead to recovery in the primary market: E&Y

More than 15 Indian companies are set to raise funds via IPOs in the upcoming quarters, as per draf…

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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 …

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1 min read

Info Edge shares jump by 2.5% as markets cheer its move to sell ₹750 crore worth shares in the upcoming Zomato IPO

And the markets cheered the move – Info Edge share price was up by 2.5% in morning trade as of 9…