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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…
4 mins read
Analysts upbeat on Zomato’s profitability after company beats Q4 estimates
$ZOMATO.NSE Looks Bullish on Chart Cup & Handle Pattern in formation Potential 16 Pts Deep Cup…
3 mins read
Zomato has officially pulled out of all international markets
Zomato has pulled the plug on almost all its international businesses, including the United States …
4 mins read
Swiggy reports nearly three-fold increase in annual revenue, in neck and neck race with Zomato
Revenue of food delivery giant Swiggy has grown 2.8 times in the last one year, between June 2020 a…
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
There are a few reasons why Zomato wants $8 billion valuation from its IPO — here's a look at if it makes sense
Food delivery platform Zomato, which started as an online restaurant finder, is all set to raise $1…
1 min read
Apple removed 1,474 apps on govt takedown requests in 2022, 14 from India
Apple removed 1,474 apps from its App Store as per requests from various governments to take down s…
2 mins read
India, South Korea agree to deepen cooperation in trade and investment and defence
Prime Minister Narendra Modi on Saturday held productive bilateral talks with South Korean Presiden…
PTI
2 mins read
Study: Heat-temperature marine bacteria help detoxify asbestos
For the first time, University of Pennsylvania researchers have demonstrated that extremophilic bac…
ANI
4 mins read
Sensex, Nifty50 edge lower in morning trade as energy and FMCG stocks drag
India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Friday amid positiv…
2 mins read
Indian equity markets fall for third consecutive day on selling in IT, banking stocks
Benchmark equity indices Sensex and Nifty ended lower on Wednesday, marking their third straight da…
PTI
3 mins read
Coca-Cola India invests in foodtech platform Thrive, which aims to change the way you order your meal online
Coca-Cola India has acquired a 15% minority stake in Thrive, an Indian foodtech platform. This mark…
1 min read
Zomato goes desi, now available in Hindi and 8 other regional languages
Online food delivery platform Zomato on Friday announced it is now available in Hindi and other wid…
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…
5 mins read
Zomato and Swiggy have never been this close to making profit, say Goldman Sachs analysts
India’s food delivery market is dominated by two players – Zomato and Swiggy. The two foodtech unic…
5 mins read
Stock price run up in Paytm, Nykaa, Zomato, PB Fintech & Delhivery could see large shareholders cashing out - BofA
“Ironically, better-performing stocks may see blocks //(deals)// a…
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…
6 mins read
New age technology companies back in the spotlight after Q3 performance
There’s no end to the woes of new age technology companies. They are in the spotlight yet again, af…
4 mins read
Fewer restaurants and delivery partners are signing up with Zomato
Restaurants and delivery partners are critical to Zomato’s business model, but few are signing up w…
1 min read
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…