Page 18 - Zomato
Nifty may sport new look after Sebi's F&O tweak, expand to over 200 firms
Jio Financial, Zomato, and Trent could replace LTIMindtree and Divi's Laboratories
 "Nifty may sport new look after Sebi's F&O tweak, expand to over 200 firms")
India embraces 24-hour retail, nighttime consumer spending soars by 60%
Data from Simpl's Checkout Scan shows a remarkable 60 per cent increase in total payment volumes for orders placed between 10 pm and 4 am over the past year
 "India embraces 24-hour retail, nighttime consumer spending soars by 60%")
CLSA says Zomato is growing faster than Swiggy, sees 25% upside
In terms of revenue, Swiggy's Y-o-Y growth of 24 per cent also fell short of Zomato's adjusted revenue growth of 55.9 per cent Y-o-Y
 "CLSA says Zomato is growing faster than Swiggy, sees 25% upside")
Strong growth metrics gives food aggregator Zomato an edge over Swiggy
Zomato's existing live event business -- Zomato Live -- is currently posting a revenue run-rate of Rs 350-400 crore
 "Strong growth metrics gives food aggregator Zomato an edge over Swiggy")
What is Zomato's daily order count? Company's new feature spills the beans
Zomato CEO Deepinder Goyal took to social media platform 'X' where he shared the update, revealing that over 250,000 orders were already placed by the time it was 11 am
 "What is Zomato's daily order count? Company's new feature spills the beans")
Stock Market Highlights, June 18: Sensex, Nifty end at record closing highs; pvt banks, Infy lead
Stock market Highlights today, June 18: The m-cap of all BSE listed companies settled at Rs 423 trillion or $5.24 trillion
 "Stock Market Highlights, June 18: Sensex, Nifty end at record closing highs; pvt banks, Infy lead")
Quick commerce expands to electronics: Smartphones to be delivered in mins
Swiggy Instamart, Zomato's Blinkit, BigBasket's BBNow, and Zepto may begin delivering smartphones and kitchen appliances by November this year
 "Quick commerce expands to electronics: Smartphones to be delivered in mins")
Paytm shares fall 7% from day's high after over 15 mn shares change hands
Paytm news: Neeraj Arora has quit the board of One97 Communications citing pre-occupation and personal commitments
 "Paytm shares fall 7% from day's high after over 15 mn shares change hands")
Adani Ports, Zydus Life, Paytm, Zomato among 11 stocks to track on June 18
On the previous day, US markets settled higher, with Nasdaq and S&P 500 reaching record highs
 "Adani Ports, Zydus Life, Paytm, Zomato among 11 stocks to track on June 18")
Ticketing, movie business deal: Zomato, Paytm confirm talks are on
Although neither Zomato nor Paytm disclosed the valuation of the transaction, the potential deal is estimated to be in the range of Rs 1,600 crore to Rs 2,000 crore
 "Ticketing, movie business deal: Zomato, Paytm confirm talks are on")
Zomato in talks to acquire Paytm's movie, events biz for Rs 2,000 crore
Once finalised, this will be the food delivery major's second biggest purchase since acquiring Blinkit in 2022 for $569 million in an all-stock deal
Paytm in talks with Zomato to sell its movie & event ticketing business
The discussions between Paytm, officially known as One97 Communications Ltd., and online food delivery firm Zomato are in advanced stages
 "Paytm in talks with Zomato to sell its movie & event ticketing business")
Zomato creates Guinness World Record for largest first aid lesson
The event was held at Nesco, Goregaon in Mumbai, and attended by more than 4,300 delivery agents, making it the world's largest on-ground first aid training programme ever conducted
 "Zomato creates Guinness World Record for largest first aid lesson")
Zomato to invest Rs 300 cr in Blinkit, total rises to Rs 2,300 cr
It will separately invest Rs 100 cr in live events and ticketing business
Parent company Zomato set to infuse fresh capital of Rs 300 cr in Blinkit
With this latest investment, Zomato has invested a total of Rs 2,300 crore in Blinkit since acquiring the company in August 2022
 "Parent company Zomato set to infuse fresh capital of Rs 300 cr in Blinkit")
Paytm, Zomato: Key levels to track on new-age stocks amid F&O entry buzz
New-age stocks such as PolicyBazaar, Nykaa and Delhivery too may be included in the F&O segment as Sebi proposes key changes in stock selection.
 "Paytm, Zomato: Key levels to track on new-age stocks amid F&O entry buzz")
'Unhygienic, dusty' Blinkit warehouse in Hyderabad under FSSAI scanner
Zomato-owned Blinkit's one of the warehouse premises located Hyderabad were found in violation of multiple norms during a raid on June 5, the Commissioner of Food Safety, Telangana said
 "'Unhygienic, dusty' Blinkit warehouse in Hyderabad under FSSAI scanner")
'Avoid ordering during peak afternoon': Zomato asks customers amid heatwave
With many parts of the nation experiencing a prolonged heatwave, Zomato has asked its customers to avoid ordering food during peak afternoon hours unless absolutely necessary
Macquarie sees 47% downside in Zomato amid rising competition for Blinkit
Macquarie on Zomato: While maintaining its 'Underperform' rating, Macquarie said it values Zomato share price at Rs 96 per share
 "Macquarie sees 47% downside in Zomato amid rising competition for Blinkit")
Reliance to challenge Blinkit, Swiggy, Zepto with quick commerce entry
Reliance's JioMart may begin offering deliveries within the next month, completing deliveries within 30 minutes
 "Reliance to challenge Blinkit, Swiggy, Zepto with quick commerce entry")
