The Tata Group, Reliance Industries, Larsen & Toubro, and Eternal announced partnerships and pledged investments in artificial intelligence adoptions and growth during the AI Impact Summit in New Delh
Delhi Police has registered a case against instant delivery app, Blinkit, for allegedly selling illegal knives, an official said on Wednesday. Police recovered 50 knives that were available for sale on the platform that violated government notifications regulating blade size and specifications. Objects up to a maximum blade length of 7.62 cm and a width of 1.72 cm are allowed as per the rules; anything more than that is illegal. No immediate reaction was available from Blinkit on the matter. A case was registered on February 14 under relevant sections of the Arms Act after police found that certain knives were being sold through an online platform that violated prescribed specifications. During scrutiny of online platforms, police found that a 'Stanley knife' could be ordered through the delivery app. As part of the verification process, the police placed an order and examined the knife after delivery. The knife was found to be manually foldable and exceeded the permissible ...
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Food delivery firm on Tuesday said it has expanded strategic collaboration with OpenAI to enhance artificial intelligence (AI) capabilities across its businesses, including Zomato, Blinkit, District and Hyperpure, along with its partner platforms and internal systems. The collaboration, which also covers Eternal's Feeding India initiative and AI-native venture - Nugget, will focus on AI deployments across Eternal's apps, and underscores the growing role of AI in India's digital commerce sector. Eternal will also work with OpenAI's Enterprise API platform to explore new ways customers and partners interact with its platforms, deploy advanced AI tools within partner applications and integrate advanced coding models into its in-house AI orchestration platform, it said in a statement. Eternal is strengthening AI infrastructure across its consumer and enterprise platforms, building AI as foundational infrastructure across its commerce ecosystem. "Through this collaboration, the company
Delivery platform stocks Eternal and Swiggy are showing a positive trend after 4 months. Kunal Shah, technical analyst at Mirae Asset Sharekhan helps decode trading strategies in these 2 stocks.
However, in the past six months, Swiggy (down 13 per cent) and Eternal (down 1 per cent) have underperformed the Sensex (up 5 per cent), amid concerns regarding increased competition
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The AI-enabled hotline converts Zomato's multi-step delivery partner onboarding into a WhatsApp-based process completed in under 30 minutes, with strong early response
The market price of Eternal hit an intra-day low of ₹250.40 on Tuesday and has tanked 32% from its 52-week high of ₹368.40 touched on October 16, 2025 amid concerns regarding increased competition.
Meanwhile, shares of the food delivery platform companies Swiggy and Eternal (formerly Zomato) were down 3 per cent and 2 per cent, respectively on Thursday.
Drumil Vithlani of Bonanza expects Eternal to consolidate in the existing trading range, as one of the key momentum oscillators indicates lack of directional trend for the stock.
In Q3, Eternal reported a 72.8 per cent jump in its net profit to ₹102 crore, as against ₹59 crore a year ago
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Eternal, the parent of Zomato and Blinkit, reported a sharp jump in December-quarter profit and revenue, driven by strong growth in quick commerce and improving operating leverage across businesses
Zomato and Blinkit parent Eternal has announced a leadership transition, with founder Deepinder Goyal stepping down as group CEO and Blinkit chief Albinder Dhindsa set to take charge from February 1
Alongside the Q3 FY26 results, Deepinder Goyal said he would step down as Eternal's Group CEO to pursue higher-risk experimentation, with Blinkit chief Albinder Dhindsa set to take over
This transition allows Eternal to remain sharply focused, while giving me the space to explore ideas that do not fit Eternal's risk profile, Goyal said
In the previous three trading days, the stock price of Eternal had slipped 8 per cent from ₹294.50 to ₹269.95 on Tuesday.
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Zomato has leased over 270,000 sq ft of office space at Tata Realty's Intellion Park in Gurugram at a monthly rent of Rs 2.33 crore, amid strong office demand across India's top cities