The much-awaited Rs 9,350 crore Zomato IPO will hit the primary market on July 14. The IPO is priced between Rs 72-76 per share. Its pricey valuations have raised eyebrows on Dalal Street. Amid this, how can its success or failure set the stage for IPOs of other new-age app-based businesses? Watch the video.

How Zomato IPO can shape the outlook for new age & traditional businesses

Flipkart said that among the blue-collar workforce it has hired for this festive season, there is a 24 per cent growth in women hired compared to the Big Billion Days (BBD) sale event in 2023

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Messaging app Telegram has taken decisive action against bots that were reported for sharing sensitive data related to Star Health and Allied Insurance Company, and is actively keeping an eye on their re-emergence, a company statement said.
"The bots reported to Telegram for sharing Star Health data were immediately removed and moderators are monitoring to prevent them from being recreated. The sharing of private information on Telegram is expressly forbidden and such content is deleted whenever it is found," the statement said.
Last month, Star Health had sent a legal notice to Telegram, accusing it of hosting chatbots that shared the leaked data, the statement said, adding that Telegram has consistently maintained its stance on data privacy and cooperation with the investigation.
Telegram, in a note titled "Is blaming the Intermediary the new norm in Data Breach Incidents?", said it is becoming increasingly clear that Star Health may have tried to pass the buck to Telegram and ...

The hacker had created Telegram bots to access data of 31,216,953 customers updated till July 2024 and 5,758,425 claims of the company available till early August

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The Tamil Nadu government has set up an integrated command centre in view of heavy rainfall predicted by the Meteorological department, Deputy Chief Minister Udhayanidhi Stalin said on Sunday.
After interacting with the officials on the measures taken at the command centre, he said a helpline '1913' has been established to serve the public round-the-clock and people can also download the TN ALERT mobile application to receive information about the rainfall.
The government is taking all precautionary measures in view of the Meteorological department predicting heavy rainfall from October 15 with some areas expected to receive over 20 cm of rainfall, he said.
"Top priority is given to save human life and property", the deputy chief minister told reporters. He was accompanied by Greater Chennai Corporation Mayor R Priya, Deputy Mayor M Mukesh Kumar and Greater Chennai Corporation Commissioner J Kumaragurubaran.
About 150 officers would be working round-the-clock at the call centre ...

Relief camps have been set up in all the wards under the Greater Chennai Corporation, while those areas which are frequently flooded due to heavy rain are under constant watch, dy CM said

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The finance ministry will commence from October 10 its pre-Budget meetings with review of six ministries and departments, including new & renewable energy and skill development & entrepreneurship.
The meetings, which will continue through November 11, are being held to firm up budgetary allocations for 2025-26 and finalise the revised estimates for the current fiscal year.
On the last day, Ministry of Railway and Department of Health and Family Welfare will be discussed.
The Union Budget 2025-26 is expected to focus on reforms to further accelerate growth and implement measures to boost job creation and economic demand.
"Pre-budget meetings chaired by Secretary (Expenditure) shall commence in the second week of October 2024. Financial Advisers shall ensure that necessary details...are properly entered in UBIS (Union Budget Information System) before/latest by October 7, 2024," the Budget circular 2025-26 issued by Department of Economic Affairs said.
It will be the second ...

The meetings, which will continue through November 11, are being held to firm up budgetary allocations for 2025-26 and finalise the revised estimates for the current fiscal year

The finance ministry will commence the exercise to prepare the annual budget for 2025-26 from the second week of next month in the backdrop of the Indian economy recording 7 per cent growth rate for the fourth consecutive year.
The budget for the next financial year would focus on reforms to be pushed to further accelerate growth momentum and measures to generate jobs and boost demand in the economy.
"Pre-budget meetings chaired by Secretary (Expenditure) shall commence in the second week of October 2024. Financial Advisers shall ensure that necessary details...are properly entered in UBIS (Union Budget Information System) before/latest by October 7, 2024," Budget circular 2025-26 issued by the Department of Economic Affairs said.
Hard copies of the data in the specified formats should be submitted for cross-verification, it said.
It will be the second budget of the Modi 3.0 government and 8th straight Budget for Finance Minister Nirmala Sitharaman, a rare distinction in Indian ...

Pre-budget meeting shall commence from second week of October, 2024 and shall continue till around mid-November, 2024, it said

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How Zomato IPO can shape the outlook for new age & traditional businesses

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