Page 12 - Zomato

Zomato shares in 'bear' grip with 20% fall from peak; stock nears 200-DMA

Zomato share: Including today's decline, Zomato shares have tumbled 14.2 per cent over the past four sessions. The stock has cracked 19.7 per cent from its 52-week high level of Rs 304.5 per share

Zomato enters 15-minute delivery race, taking on Swiggy Bolt, Zepto Cafe

Though not officially announced, the 15-min delivery tab has been added to select locations in Mumbai and Bengaluru

Zomato share bleeds 5% as Jefferies downgrades to 'Hold', slashes target

Zomato's share price dropped after Jefferies, a financial services firm based in New York, downgraded the stock to 'Hold'

Blinkit ups quick commerce game, announces 10-minute ambulance service

Starting today, Blinkit launched its first five ambulances in Gurugram, marking the beginning of its efforts to enhance emergency medical access

Swiggy delivery girl reveals the 'hardest part of her job' in viral video

In a viral Instagram post, Amrita, a Swiggy delivery agent, posted a video of what she describes as the "hardest" and most annoying part of her part-time work

Zomato 2024 year-end report: Foodie spent Rs 5 lakh in a single restaurant

One meal at a restaurant cost a Bengaluru foodie an incredible sum of money. On a single bill, the unidentified foodie spent more than Rs 5 lakh, said Zomato, in its 2024 year-end report

Year ender 2024: After initial hiccups, 10-min food delivery makes a return

As the demand for convenience rises, instant food-delivery platforms that had shut down or scaled back operations in previous years witnessed renewed success in 2024. In this race, Ola Dash is the lat

Zomato surpasses HUL, Nestle in Sensex with a weightage of 2.77%

Zomato's Sensex weightage stands at 2.77 per cent, ranking 12th among the 30 components, surpassing consumer giants like Hindustan Unilever, Maruti Suzuki, Asian Paints, and Nestle

Chaudhry's Sparkl bags $4 mn from Zomato, Zerodha founders and others

Chaudhry, whose previous firm Aakash Educational Services (AESL) was bought by Byju's in 2021, has secured a seed investment of about $4 million for his new edtech venture Sparkl

Disruptive 10-mins deliveries now spread to food businesses as well

At least five companies, including Zomato Ltd. and its recently-listed rival Swiggy Ltd., have unveiled or announced plans to offer quick food delivery in the last few weeks

Sales dip at 60% of Mumbai's offline groceries as q-commerce grows: Study

More than 80% of such traditional businesses blame dark stores of quick commerce companies: JP Morgan survey

Zomato m-cap pips that of Tata Motors, Bajaj Auto; analysts stay bullish

Zomato share price: Thus far in the calendar year 2024, Zomato share price has more-than-doubled investors' wealth as they have zoomed 135 per cent

United Spirits, Zomato: Chandan Taparia of MOFSL picks these stocks to buy

Stocks to Buy Today, Dec 18: The Zomato stock has formed a bullish piercing pattern near key support levels and is headed up

GST Council likely to consider lowering tax on online food delivery fees

The potential tax cut, which could take effect from Jan. 1, 2022, would not allow food delivery platforms such as Zomato and Swiggy to claim tax credits

Swiggy share jumps 9%, hits record as Axis Capital initiates with 'Buy'

The northward move in the Swiggy share price came after the domestic brokerage Axis Capital initiated coverage on Swiggy, with a 'Buy' rating and a target price of Rs 640 per share

Zomato, Bajaj Fin: 5 largecaps that can gain over 20% in 2025; time to buy?

In the year 2024, every second stock among largecaps surged more than 50%, with 3 doubling investors' wealth. As we near the end of the calendar year, here are 5 potential stock winners for 2025.

E-commerce firms to adopt Safety Pledge to protect consumers on Dec 24

Major e-commerce platforms such as Zomato, Ajio and Ola will adopt a Safety Pledge on National Consumer Day on December 24 as part of steps to enhance product safety for online shoppers. The voluntary commitment, announced by the Department of Consumer Affairs, aims to detect and prevent the sale of unsafe and spurious products on digital marketplaces, an official statement said. A committee chaired by consumer activist Pushpa Girimaji developed the pledge after extensive stakeholder consultations in November 2023. With India projected to have 500 million online shoppers by 2030 and currently hosting 880 million internet users, the initiative addresses critical challenges in the rapidly expanding e-commerce landscape. The pledge requires platforms to cooperate with statutory authorities and raise product safety awareness among sellers. "The unique nature of e-commerce, where physical product examination is impossible, makes this safety initiative crucial," the department said. The

After Zomato, Swiggy taps live events ticketing space with Scenes

The online entertainment ticketing space is expected to witness the emergence of new players and increased competition

Race for instant food heats up: Blinkit launches Bistro to rival Zepto Cafe

Blinkit, the quick-commerce grocery subsidiary of Zomato, launched its new app, Bistro, on the Google Play Store a day after Zepto unveiled Zepto Cafe

Stocks to watch, Dec 13: RIL, HDFC Bank, JK Tyre, Zomato, TCS, NBCC, L&T

Stocks to watch, Dec 13: From RIL to HDFC Bank, here is a list of stocks that will be in focus today