Page 28 - Zomato

Shares of Zomato rise above their IPO price after more than a year

Analysts said that there is a renewed interest in new-age companies like Zomato because of the jump in revenues and a clearer path to profitability

Zomato deletes ad depicting Lagaan character 'Kachra' as recyclable items

On June 5, Zomato released an ad depicting the actor who played the Dalit character 'Kachra' as items made of recycled waste

Zomato deletes ad depicting 'Lagaan' character as recycled waste items

Apologising for unintentionally hurting sentiments, restaurant aggregator Zomato on Thursday withdrew an ad after it came under fire for depicting the actor who played the Dalit character Kachra in the film "Lagaan" as items made of recycled waste. The ad, which draws a link between the character Kachra with 'kachra', the Hindi word for garbage, was aired on World Environment Day on June 5. As ire grew and the ad came under attack on social media for being casteist, the company issued an apology from its official Twitter handle and said the intent was to "spread awareness about the potential of plastic waste and benefits of recycling in a humorous way". "Unintentionally, we may have hurt the sentiments of certain communities and individuals. We have taken down the video," it said. The ad, aiming to show the food delivery company's recycling efforts, was termed "disgusting", "blatantly casteist", and "extremely insensitive" by netizens on Twitter. "Masaan" director Neeraj Ghaywan, .

Zomato working on AI-based features for enhancing customer experience

To build AI-based products, Zomato has also made plans to employ engineers for data science, machine learning, and NLP

Competition Commission of India lens on Big Tech as Apple probe nears end

The new Chairperson, Ravneet Kaur, along with other members, is expected to take up the matter in their meeting soon, along with several other pending cases against Big Tech companies

More than skin-deep: Nifty Next 50 complexion to get a shade of difference

Removal of non-F&O stocks could lead to addition/subtraction of 11 stocks, triggering a Rs 5,000-crore churn

Revision of ONDC discounts lifts Zomato stock 5% at Rs 71.15 apiece

Last month, the food delivery platform reported a narrowing of losses on both year-on-year (YoY) and sequential bases for the March quarter

ONDC limits discounts to Rs 100 per order in new incentive scheme

The cap for maximum price incentive has been fixed at Rs 100 per order and it should not exceed 50% of the order value, including shipping charges

Analysts cautiously positive on new age stocks despite improved Q4 metrics

Analysts say that investors with a high-risk appetite can consider accumulating these stocks but only on declines

Zomato joins Dial4242 to provide medical support to delivery partners

Online food delivery platform Zomato on Monday announced it has collaborated with Dial4242 to provide ambulance services and medical support through mobile medical units (MMUs) to delivery partners

Nykaa, Paytm, Zomato: How to trade new-age companies post Q4 results?

Barring Fsn E-Commerce Ventures and Delhivery, Zomato, Paytm, and PB Fintech may rally up to 19%, show technical charts

Sensex at 100,000? It's possible, believes Chris Wood of Jefferies

The target implies an upside of nearly 62 per cent from the current levels. Wood believes that India remains the best structural story across world markets.

Zomato surges 36% in two months on improved operational performance

Management expects sequential GOV growth to be in a high single digit in Q1FY24, on the back of green shoots of recovery since February, 2023.

72% of CoD bills paid in Rs 2K notes? Zomato tweet a 'marketing ruse'

In FY23, Zomato trimmed its losses to Rs 971 crore, from Rs 1,225.5 crore in the previous financial year

Zomato shares give up intra-day gains to settle lower on profit booking

Shares of Zomato pared all intra-day gains and ended lower amid fag-end selling at the counter on Monday as investors indulged in profit-taking even as its net loss narrowed in the fourth quarter. The stock climbed initially but finally settled 1.50 per cent lower at Rs 63.57 on the BSE. During the day, it jumped 3.57 per cent to Rs 66.85. The company's consolidated net loss narrowed to Rs 187.6 crore in the fourth quarter ended March 2023, on the back of robust revenue growth. At the NSE, it fell 1.55 per cent to settle at Rs 63.50 after climbing 3.64 per cent to Rs 66.85 during the day. In traded volume terms, 112.11 lakh shares of the firm were traded at the BSE and over 14.70 crore shares at the NSE during the day. Its consolidated net loss narrowed to Rs 187.6 crore in the fourth quarter ended March 2023, on the back of robust revenue growth. The company had posted a consolidated net loss of Rs 359.7 crore in the same period of the previous fiscal, Zomato said in a regulator

Stocks to Watch today, May 22: Adani Group, Realty, NTPC, Zomato, Zee Ent

Stocks to watch on May 22, 2023: The Rs 2,000 note withdrawal could have an impact ont the real-estate companies, believe Indian CEOs.

Zomato narrows losses to Rs 188 cr in Q4, expenses fall to Rs 2,431 cr

Firm announces three top-level appointments

Planning to enter home services segment, to compete Urban Company: Zomato

Top Zomato leadership on Friday said that home services is one big market they are exploring to enter and make neighbourhood services like electricians, plumbers, etc. more accessible to customers.

Zomato Q4 results: Net loss narrows to Rs 188 crore, revenue rises 70%

In FY23, the company's loss fell to Rs 971 crore from Rs 1,209 crore in 2021-22

Sensex ends 298 pts up, Nifty reclaims 18,200 led by Adani, auto, IT stocks

Stock Market Live on May 19, 2023: NTPC, Power Grid, Punjab National Bank, JSW Steel, Zomato, Glenmark Pharma and Delhivery will be on the radar ahead of their Q4 nos