Page 9 - Zomato

Delhi High Court seeks response from CCI and Zomato on NRAI plea

Plea challenges its exclusion from the confidentiality ring giving access to CCI probe documents

Swiggy launches AI-powered Pyng app, enters professional services market

At the core of this experience is Pyng's Smart AI Assistance. It understands user queries and their nuances to recommend the most relevant professionals as per individual needs

Zomato share plunges 10% as COO of food ordering, delivery business resigns

The sharp decline in the Zomato share price came after Rinshul Chandra, chief operating officer (COO) of food ordering and delivery business, tendered his resignation on April 5, 2025

Zomato food delivery COO Rinshul Chandra resigns to pursue new passions

Rinshul Chandra, Chief Operating Officer of Zomato's Food Delivery business, has tendered his resignation, the company has said in a regulatory filing. Chandra has resigned with effect from April 5 "to pursue new opportunities and passions", Zomato stated in the filing on Saturday. In his resignation letter addressed to Zomato founder and CEO Deepinder Goyal, Chandra wrote, "I am writing to resign as COO - Food Ordering & Delivery Business of Eternal Limited, effective April 7, 2025. After careful consideration, I have decided to pursue new opportunities and passions that align with my evolving personal and professional goals". While the brand name of the company's food delivery business Zomato remains the same, along with the app, the company has changed the name of the corporate entity to Eternal.

Nifty stocks to watch in FY26: Right stocks could yield high returns

Most brokerages predict the 50-share blue chip index will deliver double-digit returns this year, thanks to moderation in valuations

Stocks to Watch on Apr 2, 2025: CSB Bank, Zomato, Swiggy, auto stocks, MTNL

Stocks to Watch on Apr 2, 2025: Zomato, Swiggy, auto stocks, and others will remain in focus today

Food delivery platform Zomato lays off nearly 600 customer support staff

This is also happening due to increased usage of artificial intelligence (AI) in its customer services function

'Get AC delivered in 10 min': Blinkit's plan to beat the heat in Delhi-NCR

Blinkit has recently expanded its 10-minute delivery services to include a variety of new offerings

DLF, RIL, Zomato, MakeMyTrip: Chris Wood of Jefferies rejigs India exposure

At a broader level, meanwhile, Wood suggested investors sell rallies in the US stocks and increase exposure elsewhere, most particularly Europe, China and emerging market equities in general

Swiggy slips 3%, hits new low; stock tanks 49% from December high

Since February 5, 2025, share price of Swiggy is under pressure and fallen 28 per cent after the company reported a weak operational performance in the December 2024 quarter

NSE rejig tomorrow: Zomato, Jio Fin's Nifty inclusion to add $910 million

Shares of Britannia and BPCL will face exclusion from the benchmark gauge as Zomato and Jio Finance will be included

Down upto 42% from record high, analysts say stock up Zomato, Swiggy shares

So far in calendar year 2025, Zomato's share price has dropped 19.62 per cent on the BSE, while Swiggy's has tumbled 33.29 per cent

BSE, Zomato, Tanla: 1 in 10 Nifty500 stocks up over 3% today; how to trade?

Technical charts show that Tanla Platforms, Mazagon Dock have given a fresh breakout on the daily charts; these 2 stocks along with BSE, Zomato and GR Infra can potentially rally another 24 per cent.

Zomato may face insolvency plea as creditor Nona Lifestyle moves to NCLT

Food delivery aggregator Zomato may face an insolvency plea as one of its operational creditors has moved the National Company Law Tribunal (NCLT), seeking restoration of its previous petition. Nona Lifestyle Pvt Ltd, an operational creditor, has moved NCLT requesting to restore an insolvency plea filed by it earlier against Zomato Ltd under Section 9 of the Insolvency & Bankruptcy Code in 2024. In 2024, NCLT had dismissed it due to non-prosecution and now Nona Lifestyle has requested to restore its old petition. It has filed an application under Rule 11 of NCLT Rules, 2016, which provides the tribunal inherent power that can also be used for restoration purposes. It has requested the Delhi-based NCLT bench "to admit the accompanying application and pass an order for initiating the CIRP against the Corporate Debtor (Zomato) here in under Section 9". CIRP stands for Corporate Insolvency Resolution Process. The matter was listed on Monday before a two-member bench of the NCLT, ...

From food to flight: Zomato's Deepinder Goyal bets $20M on aviation startup

Aviation startup LAT Aerospace will be developing low-cost 'short takeoff and landing' aircraft with up to 24 seats, and will focus on improving regional air connectivity

Rapido eyes entry into food delivery; to disrupt Swiggy, Zomato's duopoly

It is worth noting that Rapido on behalf of Swiggy already does food delivery, as the latter is an investor in the ride-sharing startup

Zomato slips 5% on heavy volumes, stock falls below Rs 200 after 8 months

The stock hit an intra-day low of Rs 199.75 and has corrected 34% from its 52-week high of Rs 304.50 on concerns around increasing cash burns in Quick Commerce.

Zomato transforms into Eternal Ltd as it expands beyond food delivery

Zomato rebrands as Eternal Ltd, signaling expansion beyond food delivery, while its app and brand remain unchanged

Stocks to Watch: Adani Enterprises, Zomato, Swiggy, Cement, Pharma stocks

Stock market today: Pan-Indian average cement prices have risen for three consecutive months. In February, prices increased by ₹3 per 50 kg bag (up 1% M-o-M and 2% Y-o-Y) to ₹374 per bag

Zepto CEO Aadit Palicha counters Zomato's Deepinder Goyal on qcom cash burn

Goyal's statement is verifiably untrue, and it will be clear when we publicly file our financial statements, Palicha added