Page 45 - Zomato

Top Headlines: Zomato, Blinkit merger talks; FRL may approach NCLT, DRT

Business Standard brings you the top headlines at this hour

Zomato, online grocery company Blinkit in talks for a merger deal

Sources say what is under discussion is a share-swap deal in which Blinkit would be valued at around $750-800 million

Zomato to provide $150 mn loan to Grofers India, buy stake in Mukunda Foods

The board approved acquisition of 16.66 per cent take in food robotics and automation firm, Mukunda Foods Pvt Ltd

After Zomato and Nykaa, shareholders vent ire on Paytm over ESOPs

The three resolutions pertaining to ESOPs put to vote by the digital payments firm got over two-third 'against' votes from institutional investors

Decoding the KPI conundrum of new-age companies hitting the public market

Tech start-ups do not reveal important numbers to back their narratives of consumer flywheels and unrelenting growth

Over half the stocks that debuted in FY22 trade below listing-day close

Despite the likelihood of an aggressive rate hike by the US Federal Reserve (US Fed), a correction in equity markets, analysts expect the primary market action to stay on track, albeit a minor hiccup

India's IPO mania gets reality check, start-ups defer public debut

Investors sour on new tech offerings after calamitous listing of Paytm and the battering received by Zomato, Nykaa.

Zomato hits new record low, falls below issue price of Rs 76 intra-day

In the past three trading days, the stock of the food delivery company has declined 20 per cent after it reported disappointing set of numbers for December quarter

Rebel Foods scales up expansion of cloud kitchens amid Covid-19 pandemic

Mumbai-based Rebel Foods, and India's master franchise for US fast-food giant, Wendy's, have reached a new milestone with opening 28 new locations in 9 new Indian cities.

Zomato, Paytm, Nykaa and 12 other newly listed stocks hit record lows

The S&P BSE IPO index slipped 3.4% in intra-day trade, and has corrected 23% from its record high level

JM Financial gives 'buy' call for Hindalco, M&M, Zomato, and 3 others

Brokerage and financial firm JM Financial Institutional Securities has given a 'buy' call for Hindalco Industries, Mahindra & Mahindra, Zomato, Bharat Forge, Prestige Estates, and Gujarat State Petronet.

Zomato Q3 results: Target price cut post muted Q3; long-term outlook intact

Zomato's long-term growth story remains intact as it is a play on the growing food services industry in India as well as increasing adoption of digital commerce

Sensex slides 773pts, Nifty ends below 17400 amid global pullback; IT bleed

All the sectoral indices settled in the negative territory today with technology and public sector banks being the worst hit. The IT and PSB indices dropped nearly 3% and 2%, respectively

Zomato plunges 9%, nears record low post December quarter results

In Q3FY22, the company's revenue from operations grew by around 9 per cent QoQ, while the customer delivery charges de-grew by 22 per cent.

Stocks to Watch: RIL, Zomato, M&M, Hindalco, Bharat Forge, MRF, Hero Moto

Apollo Hospitals, Ashok Leyland, Bajaj Hindusthan, Divis Labs, Fortis Healthcare, Glenmark, Godrej Industries, IDFC, India Cements, Jet Airways, PFC, Shree Renuka Sugars, Star Health and Voltas to ann

Zomato net loss narrows 81% to Rs 66 cr in Q3, revenue grows 86%

The firm will invest $400 mn in quick commerce over next two years

Zomato to invest $400 mn in quick commerce over next two years

Foodtech firm will also set up NBFC to disburse credit to customers, restaurants and food delivery workers

Zomato's Q3 loss narrows to Rs 63 cr, revenue jumps 83%

The company reported exceptional gain of Rs 316 crore during the quarter

Zomato to form non-banking finance company to enter financial services biz

The proposed paid-up capital of NBFC will be Rs 3 crore, while the authorised capital is pegged at Rs 10 crore

Successful IPOs bolster investor confidence for exit: Darius Pandole

Infrastructure has investment opportunities estimated worth more than Rs 50 trillion, says industry leader