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ETERNAL TAX DEMAND
Swiggy CEO on failed shareholder vote; Indian firms brace for MythosHappy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in toda...- Why market rose today? Sensex rises 790 points, Nifty closes near 23,700. 5 key drivers behind surgeIndian stock markets are experiencing a significant rally. The BSE Sensex and Nifty 50 indices have climbed over 1 percent each. This surge...
- Digital platforms, autos, and a shifting consumption story: Ashi Anand maps the market’s next phaseIndia's equity markets are seeing a leadership shift, with digital platforms and select auto segments driving growth. Ashi Anand of IME Cap...
- ETtech Explainer: What does Blinkit’s growth moderation mean for rivals?The platform recently reported its second straight quarter of positive adjusted Ebitda (earnings before interest, taxes, depreciation and a...
- Eternal shares rally over 4% after strong Q4 results. What CLSA, Goldman Sachs, 4 others are sayingEternal's shares surged after reporting a 346% YoY net profit jump to Rs 174 crore, driven by a 196% revenue increase. Blinkit's quick comm...
- Eternal, Swiggy shares rally 3% but HSBC just reduced target prices. Should you buy?Eternal and Swiggy shares rose after platform fee hikes, despite HSBC cutting target prices due to rising competition in quick commerce. Th...
- Q3 results today: Eternal among 59 companies to report earnings on WednesdayIndian markets brace for a busy earnings day with 59 companies reporting Q3 results. Investors are keenly watching Eternal's expected stron...
- Stocks in news: Angel One, Tata Steel, Shriram Finance, IndiGo, EternalMarkets extended their corrective phase on Wednesday, with the Nifty nearing support levels. Several companies are in focus today due to si...
- Zomato parent Eternal gets GST demand order with interest, penalty worth Rs 3.7 crEternal, the company behind Zomato and Blinkit, has been issued a goods and services tax demand. The order, including interest and penalty,...
- Eternal shares slide 4% after 63% YoY dip in Q2 PAT but brokerages remain positiveFollowing a disappointing profit report, shares of the food delivery company Eternal fell sharply. In a surprising twist, however, their re...
- Eternal shares fall 4% after Q2 results. 10 things team Deepinder Goyal said in shareholders’ letterEternal (formerly Zomato) shares fell nearly 4% after Q2 results showed a sharp drop in profit. In a shareholder letter, CEO Deepinder Goya...
- Internet stocks shed ‘hype’ tag: Ixigo, CarTrade, Nykaa soar up to 80% in 3-months on earnings revivalIndia’s internet stocks, led by Ixigo, CarTrade, and Nykaa, have surged up to 80% in three months on earnings recovery and strong revenue g...
- Zomato, Swiggy face Rs 180-200 crore GST hit, plan to pass on burden to delivery partners, customersZomato and Swiggy are set to face an additional GST burden of Rs 180-200 crore annually following a GST Council clarification. The companie...
- GST overhaul lifts new-age stocks PB Fintech, Nykaa, FirstCryThe new regime has abolished tax on individual life and health insurance products sold by companies such as LIC, SBI Life Insurance and ICI...
- Zomato, Swiggy, Blinkit delivery fees to face 18% GST. What it means for investorsIndia’s food delivery and quick commerce firms face higher costs after the GST Council brought delivery fees under Section 9(5) of the CGST...
- Swiggy hikes platform fee to Rs 15 in third revision in three weeksThis comes in the background of strong festive season demand and widening losses in the April-June quarter. The restaurant aggregator had r...
- Zomato parent Eternal gets GST demands, penalty orders amounting to over Rs 40 croreEternal, owner of Zomato and Blinkit, has received three GST orders from Bengaluru authorities, demanding over Rs 40 crore for July 2017–Ma...
- Crypto futures overtake spot deal; Eternal's tax woesIndian crypto traders are shifting to futures trading for higher leverage and tax benefits. This and more in today’s ETtech Top 5.
- Eternal delivers mixed Q1; Reliance's qcomm gameplanBlinkit's boost in June quarter revenue could not prevent the profit nosedive of Zomato's parent company. This and more in today's ETtech T...
- Thought: The thread of universalityA thought stirs a tremendous amount of activity in this world. For example, when we think of buying a car, we immediately start using telep...
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