Analysts at Bajaj Broking highlight two key breakouts on Eternal stock chart; one above the falling trend line and other above the 50-day EMA, for its bullish stance on the stock.
Aggressive expansion by Amazon and Flipkart, coupled with Zepto's IPO plans, is intensifying competition in India's fast-growing quick-commerce market and putting pressure on established players
Dark stores are powering India's quick-commerce revolution, but experts question whether existing inspection systems, penalties and enforcement can match the sector's rapid growth
The company plans to expand Amazon Now to more than 300 cities as rivals Blinkit, Zepto, Instamart and Flipkart race to build larger fulfilment networks
The leadership changes come as competition intensifies in the quick-commerce segment, with incumbents and new entrants accelerating expansion plans
Walmart-backed Flipkart expands its quick-commerce footprint across 130 cities and 8,000 pincodes, with plans to scale up to 1,500 fulfilment centres
Albinder Singh Dhindsa's Buildit traces Blinkit's rise from a small startup to a quick-commerce giant, offering insights into entrepreneurship and India's digital economy
Nearly half of Indian consumers cannot see expiry dates while shopping for groceries online, with five major platforms failing to consistently display the information despite disclosure requirements
Zepto's IPO filing shows the company has emerged as Blinkit's closest challenger in quick commerce, although heavy investments in expansion continue to weigh on profitability
Stocks to Watch today, June 1: From IndiGo to Eternal, here is a list of shares that will remain in focus today
Food regulator FSSAI has sought explanation from quick commerce firm Blinkit on a complaint by a person who allegedly fell sick after consuming curd ordered from the platform, sources said. Food Safety and Standards Authority of India (FSSAI) has received a written complaint from a person who allegedly had to seek medical help after falling sick following the consumption of curd bought from e-commerce platform Blinkit, they added. Medical prescription has also been attached in the complaint registered with FSSAI. According to sources, FSSAI has written a letter on May 29 to the CEO of Blink Commerce Pvt Ltd), apart from person In-charge of operations after it received a complaint from a person who had ordered curd through the Blinkit mobile application. The complainant allegedly developed severe stomach ache and diarrhoea shortly after consumption of the curd and had to seek medical help, they added. Of late, FSSAI has received several complaints, either through social media or ..
Amazon and Flipkart are expanding dark-store networks beyond major urban markets as competition and saturation pressure profitability in metros
Eternal reported modest Q4 growth but strong guidance, with execution on Blinkit expansion and margins seen as crucial for sustaining stock performance
Eternal delivered steady Q4 results, with Blinkit and food delivery businesses driving growth. Brokerages have retained a 'Buy' rating with target prices up to ₹400
Strong growth in Blinkit and Zomato businesses drives sharp rise in profit and revenue, with quick commerce and food delivery segments sustaining momentum
Spin-off of Flipkart Minutes into a standalone app comes as rivals scale up and growth slows in India's crowded quick-commerce market, especially across major urban centres
Dense dark-store expansion and overlapping networks signal rising competition, as Bernstein flags profitability risks and shift in growth to smaller cities
Blinkit launches services at Mumbai Airport's Terminal 2, allowing travellers to order over 2,500 products with deliveries handled by a dedicated in-terminal team
Blinkit has launched its quick commerce service at Mumbai's Terminal 2 domestic departures, allowing travellers to order after the security check-in
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 ...