Zomato

While remaining committed to green mobility, Zomato and Blinkit parent Eternal is reassessing its 2030 target for a 100 per cent electric delivery fleet due to rapid business expansion and an evolving EV ecosystem. In an interview with PTI, Anjalli Ravi Kumar, Chief Sustainability Officer at Eternal, said the company is working toward a revised timeline, factoring in the availability of electric vehicles, supporting government policies, and the transportation requirements of its various businesses. "We are still committed to electrifying the fleet. We are deeply committed to it because it still makes economic sense," she said. However, acknowledging that the earlier deadline may not be achievable, Kumar said the company's operations had expanded considerably since the original target was set. "It doesn't look feasible because, beyond the penetration numbers, our business is also growing massively. When we set the target, there were only 1.5 lakh monthly active riders on Zomato. Tod

Engineers India, Indian Hotels Company, Marico, Navin Fluorine International, Asahi India Glass and Phoenix Mills from the Nifty 500 index also hit new life-time highs on Wednesday.

Blinkit Ambulance will charge ₹2,500 for non-emergency transfers while keeping emergency rides free. Deepinder Goyal said the move will ensure ambulances remain available for critical cases

In the past two weeks, the market price of Eternal, the parent firm of food-delivery marketplace Zomato and quick commerce platform Blinkit surged 18% on the BSE.

In the past six trading days, the stock price of Eternal surged 13% after the company delivered a strong performance for the July-September quarter.

Analysts at Axis Securities recommended 'BUY' on Eternal with a target price of ₹365 per share based on an SOTP valuation.

Eternal plans to accelerate Blinkit's store rollout to 3,500 outlets by FY27-end, backed by strong order growth, while stable food delivery margins and AI bets shape its outlook.

The net profit of Eternal for the second quarter of financial year 2026-27 (Q2FY27) rose 92 per cent year-on-year (Y-o-Y) to ₹125 crore, compared to ₹65 crore in Q2FY26.

Eternal founder Deepinder Goyal plans to launch dark.ai, a privacy-focused AI assistant for founders, researchers, businesses and governments, globally by the end of 2026

Eternal will exchange its entire Adonmo stake for Mygate shares valued at Rs 156 crore and transfer its going-out India business to a subsidiary for Rs 130.76 crore

Eternal founder Deepinder Goyal says Dark.AI will offer encrypted conversations and user-controlled memory, while AI agents pose limited risks to Zomato and Blinkit

Eternal's Q2 net profit surged 92.3% to ₹1.25 billion but missed analyst estimates of ₹2.71 billion as rising costs weighed, even as revenue jumped 77.6% on strong Blinkit growth.

Kotak Institutional Equities expects Eternal's revenue to rise 17.4 per cent quarter-on-quarter to ₹23,729.3 crore in Q2FY27.

Temple, the wearable from Deepinder Goyal, is set to enter the market soon with a pill shaped design that tracks brain blood flow and monitors changes in real time in attempt to extend healthy life

Motilal Oswal Wealth Management Research Desk is bullish on QC platforms in 2QFY27 with improving growth momentum, as competitive intensity moderates and demand benefits from festive seasonality.

AI agents could soon handle shopping decisions and transactions for consumers, forcing ecommerce, travel, and insurance platforms to rethink pricing, customer engagement, and security

Eternal's share price hit a 11-month high of ₹339.80, gaining 1.4% on the BSE in Tuesday's intra-day deals amid heavy volume.

India is a functional duopoly when it comes to food delivery though there are challengers to Eternal (Zomato) and Swiggy

Social media users have reported the cash-on-delivery fee going up to ₹20 in some locations, adding another charge for customers who choose to pay for their food orders in cash

Healthy dishes now account for 7.5% of orders on Zomato, up from 5.3% two years ago, with users below 25 recording faster growth in adoption than older customers