Page 24 - Zomato

Stocks to watch: Infosys, LIC, NLC India, Mukka Proteins, Zomato

Stocks to track on March 07, 2024: Mukka Proteins is set to make its stock market debut on Thursday at an issue price of Rs 28 per share

China's Antfin offloads 2.1% of Zomato stake worth $341.5 million

The stake sale comes amid tensions between Beijing and New Delhi over issues ranging from border disputes to India's increasing scrutiny of Chinese businesses and investment

Sensex ends atop 74,000, Nifty 22,450 for 1st time; Smallcap index down 2%

Stock market highlights on March 6, 2024: The BSE benchmark hit a record high of 74,151, while the Nifty50 claimed 22,497 intraday

Stocks to watch: Wipro, JM Financials, JSW Energy, NHPC, Zomato, Aavas Fin

Stocks to watch on 06, March, 2024: Wipro is set to acquire a 27 per cent stake in SDVerse LLC, aiming to enhance its leadership in software-defined vehicle and cloud car engineering services.

Will Zomato see block deals today, March 6? Check here

China's Ant Group's arm Antfin Singapore Holdings Pte is likely to sell up to 2 per cent stake (176.4 million shares) in Zomato

Zomato plans D2C expansion of Blinkit to compete with ecommerce giants

This ambitious endeavour would involve building a dedicated supply chain infrastructure to directly source branded products and manage inventory, to compete with giants like Amazon and Flipkart

From Delhivery to Zomato, Q3 sees startups turn a profitable corner

Startups like Delhivery, Zomato, PolicyBazaar, Mamaearth, and Nykaa have either become profitable or improved their profit margins in Q3FY24

Zomato zooms 5%, nears record high after CLSA raises target price by 22%

CLSA maintained its 'buy' rating on Zomato and lifted the target price from Rs 181 to Rs 227 per share.

Blinkit introduces 'Single Mode' for solo shoppers ahead of Valentine's Day

New feature caters to both singles and couples with curated product selections and an on/off button to switch between the two

Man gets kebab in Gurugram from Lucknow in less than 30 mins, sues Zomato

The petitioner urged the court to restrain Zomato from continuing the services under 'Zomato Legends'

Zomato summoned over 'false practice' of food from 'iconic restaurants'

A court here has issued a summons to food delivery app Zomato in a civil suit seeking a restraining order against the company from continuing its services allowing users to order "hot and authentic food" from "iconic restaurants" across the national capital. The court was hearing a plea filed by a Gurugram resident, which claimed Zomato was engaging in the "false and fraudulent" practice of delivering fresh food from well-known restaurants under its sub-category, 'Dilli ke Legends'. In an order passed recently, Civil Judge Umesh Kumar said, "Issue summons of the suit and notice of application." According to the plea, Sourav Mall placed an order on October 24 last year, from three different eateries in Jama Masjid, Kailash Colony and Jangpura, following which he tracked the delivery partner and found that the order was picked from the "unknown and unnamed" place and not from the original restaurant. "Why was the food picked up from a nearby location when there is no branch of the ..

Zomato rallies 5%, hits 2-year high on healthy December quarter results

The growth was fueled by Blinkit, which rose 27 per cent Q-o-Q, while food delivery revenue grew 10 per cent Q-o-Q

Strong prospects may drive growth rates for food delivery platform Zomato

In the quick commerce segment, Blinkit GOV was Rs 3,500 crore (up 28 per cent Q-o-Q and up 103 per cent Y-o-Y), led both by stronger MTU and better ordering frequency

Stocks to Watch today, Feb 9: LIC, Zomato, Airtel, Paytm, Hero Moto, ZEE

Stocks to Watch on Friday, February 9, 2024: LIC of India reported a 49.10 per cent year-on- year (Y-o-Y) growth in net profit, at Rs 9,444.4 crore, during Q3FY24

Zomato Q3 results: Net profit rises 283% to Rs 138 crore, revenue up 69%

The company reported a loss of Rs 347 crore during the corresponding period last year. The results were also ahead of analyst expectations on both revenue and net profit fronts

Ads take Blinkit past Zomato's food delivery business growth in Q3

According to Blinkit's top management, the platform is emerging as a preferred advertising platform for both large and emerging brands in the country

Sumadhura Group leases warehousing space to Zomato in Bengaluru

Sumadhura Logistics Park marks the company's entry into the ever-expanding logistics sector, catering to the growing demand for top-notch warehousing solutions in Bengaluru and surrounding areas

Zomato leases its largest warehousing space in the country in Bengaluru

The warehousing space spans 300,000 square feet and is located at Bengaluru's Hoskote

Zomato Q3 results: Profit soars to Rs 138 cr on higher demand, beats view

It reported a consolidated net profit of Rs 138 crore ($16.6 million) for the third quarter ended Dec. 31, beating analysts' estimate of rs Rs 90.98 crore, as per LSEG data

Stocks to Watch today, Feb 8: Banks, Auto, Zomato, Adani Ports, LIC, TCP

Stocks to Watch on Thursday, February 8: Shares of banking and finance, auto, housing, and real estate will be in focus as the Reserve Bank of India is set to announce the decision of it's MPC meeting