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ZOMATO INC
Analysts lift bets on India Inc after strong March quarterAnalysts have upgraded earnings estimates for a majority of NSE 500 companies following better-than-expected profit growth in the March 202...- Zepto planning to file papers for $1 billion IPO in June: ReportZepto is preparing for a potential $1 billion IPO, with a public filing expected in June and launch targeted for July. The quick-commerce f...
- Karnataka HC stays FSSAI advisory on use of Ashwagandha in major relief to US-based Kerry Inc, 7 other firmsIn a significant decision, the Karnataka High Court has granted temporary relief to eight businesses, including Kerry Inc, putting a hold o...
- Eating out or ordering online may soon cost more: Food services set to become 5–10% costlier starting next week amid fuel price hikeEating out and ordering food will soon cost more. Fuel prices have increased, impacting restaurant costs. This will lead to a 5-10% rise in...
- Crorepati investors splurge $1 billion to buy these 10 stocks. Should you follow the smart money?Wealthy investors are making significant moves, pouring over $1 billion into ten select stocks. This concentrated buying occurs even as the...
- Oracle layoffs hit India hard; Qcomm apps print ad moneyIndia bore the brunt of Oracle’s latest global layoffs amid rising automation. This and more in today’s ETtech Top 5.
- Zomato’s 260% stock surge has analysts scrambling to catch upPrice target upgrades for Zomato in the past 12 months exceed those for all other stocks in a Bloomberg Intelligence gauge of global ride s...
- Ant Group arm divests 3.4% in Zomato for Rs 3,337 croreAccording to BSE bulk deals data, Alipay Singapore Holdings, an entity of the Ant Group, sold 297 million shares at ₹112.70 per share.
- Ant Group arm to offload 3.4% stake in Zomato for Rs 3,290 croreAccording to a term sheet released by the deal broker, BofA Securities, Alipay Singapore Holdings, an entity of the Ant Group, has proposed...
- Gogoro, Zomato, Kotak Mahindra Prime join hands to accelerate adoption of EVs by delivery partnersGogoro will provide affordable battery swapping services and loans to last-mile delivery partners associated with Zomato, which has over 30...
- With lockdowns gone, Uber India’s FY22 revenue rises 7%, loss narrowsOf the company’s operational revenue, Rs 388.23 crore came from the ride-hailing vertical during the year ended March 2022, rising 30% from...
- India Inc witnesses positive hiring trend as markets reopen: Reportapna.co recorded an increase in employers hiring in manufacturing, real estate, hospitality, aviation, beauty and wellness
- On April Fools' Day, Zomato claims its 10-min delivery is not a joke, says instant service will go live in Gurugram this monthThe food-delivery brand shared a video clip on LinkedIn to make the announcement.
- Zomato shuts down South Africa business as part of ‘clean-up’ exerciseZomato SA didn't have any active business operations and was not a material subsidiary. Its closure will not affect the Gurugram-based comp...
- Zomato shuts down its UK, Singapore businessesThe company said in the filing that its UK and Singapore subsidiaries were not material to its business and their dissolution would not aff...
- Zomato divests stake in Nextable Inc for $100,000Zomato Inc has entered into a stock purchase agreement with Justin Doshi, Thusith Desilva and Robert Tyree for sale of shares held by it of...
- Zomato serving a hot but pricey IPO during a tech cold warA law on personal data protection, and another on use of non-personal information, may be up next. That could be important for Zomato.
- Meet the top team that steered Zomato on the long road to IPOETtech takes a look at the people behind Zomato's IPO and how they pulled off one of the most-talked-about events in the Indian internet ec...
- Zomato makes its takeaway service available to restaurants at zero commissionZomato looks at food takeaway as a gateway for restaurants to expand avenues to bring back customers while also providing more options for ...
- Zomato raises $60 million from Temasek, Vy CapitalRestaurant search and discovery app Zomato has raised $60 mn in funding led by Singapore based Temasek with participation from existing inv...
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