The change of name is subject to the approval of shareholders, the corporate affairs ministry, and other statutory authorities
The rebranded Eternal Ltd will now oversee four key businesses: Zomato, Blinkit, Hyperpure, and District
30 candidates received job offers, of which 18 have joined Zomato and its group companies
Technical charts shows that shares of ITC, Bata India, Campus Activewear, Kaveri Seed and Zomato are on the brink of a positive breakout; hence can potentially rally up to 22% in the near-term.
These 15 companies accounted for 70 per cent of total fund mobilisation of Rs 93,453 crore via QIP route in the past six months, according to PRIME Database.
Swiggy share price fell 5 per cent to Rs 389.25 on the BSE in Tuesday's intraday trade, falling below its issue price of Rs 390 per share.
Bistro, company's instant food delivery app, is not a private label, he says in email
Speaking to Business Standard, NRAI president Sagar Daryani said the association is engaging with its legal team daily and is prepared to explore further legal options if necessary
Blinkit CEO Albinder Dhindsa said the q-commerce platform has partnered with Xiaomi and Nokia to deliver their bestselling range in parts of Delhi NCR, Mumbai, and Bengaluru
Both Zomato and Swiggy have defended their quick delivery services and are working to dispel fears of data exploitation
Last time FIIs held more than 3.5 lakh contracts as open positions in Nifty futures was in Oct 2024. At present, FIIs hold 5 short bets in Nifty futures for every long trade, shows the NSE F&O data.
Zomato Q3 results: Zomato, on Monday, reported a 57 per cent Y-o-Y fall in net profit at Rs 59 crore for the October-December quarter
Stock market today: The Nifty fell below 23,000 in intraday trade today, with heavyweights like RIL, SBI, Bajaj Finance, ICICI Bank, HDFC Bank, Bharti Airtel, and Maruti Suzuki all declining
Zomato's management expects the losses in Blinkit to continue in the near term, due to aggressive store expansion.
Technical charts show that Paytm is seeking support around its key moving averages on the daily and weekly scale; while Zomato is on the verge of a negative breakout on the weekly scale.
Stocks to watch on January 21, 2025: Dixon Technologies Q3 consolidated net profit soared 122.8 per cent to Rs 216.2 crore, compared to Rs 97.1 crore.
The company's revenue from operations rose 64 per cent year-on-year (Y-o-Y) to Rs 5,405 crore in Q3, up from Rs 3,288 crore a year ago
Zomato Q3FY25 results: Zomato aims to increase the number of Blinkit stores to 2,000 by December 2025
Q3 FY25 company results January 20: Zomato, Paytm, IDBI Bank, L&T Finance, Dr Reddy's, and YES Bank will be releasing their Oct-Dec quarter report today
Analysts and investors will eye the outlook on Blinkit, a quick commerce company owned by Zomato