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ZOMATO OFFICE NEWS
TCS Q4 drags down IT stocks; Swiggy cofounder exitsShares of IT companies declined on Friday as TCS earnings failed to lift investor sentiment. This and more in today’s ETtech Top 5.- Zomato shares in focus after COO for food delivery Rinshul Chandra resignsZomato shares will be in focus following the resignation of Rinshul Chandra, COO of food delivery, effective April 7. The company has faced...
- Blinkit appoints former Flipkart executive Vipin Kapooria as CFOZomato-owned quick-commerce platform Blinkit has a new CFO. Vipin Kapooria will oversee finances for the quick-commerce platform. Zomato re...
- Stocks in news: HDFC Bank, Swiggy, Vedanta, Zomato, Mindspace REIT, Religare EnterprisesGST Council, chaired by the federal finance minister, may lower the tax on food delivery charges by e-commerce operators to 5% from 18%, ac...
- Zomato's QIP pricing; qcomm’s bulk ordersHappy Tuesday! Zomato opened its much-talked about qualified institutional placement which expects to rack up Rs 8,500 crore as the quick c...
- Stocks in news: HUL, Zomato, Adani Enterprises, Wipro, LT Foods, Power GridFMCG major Hindustan Unilever (HUL) board has given its in-principle approval for demerging its ice cream business into a separate listed e...
- Zomato, Swiggy brush off reports of antitrust violation: all you need to knowZomato said the Competition Commission of India (CCI) had issued a prima facie order in April 2022 calling for an investigation into potent...
- Zomato’s shares skid; Lendingkart’s distress dealFood and grocery delivery major Zomato saw its shares tumbling over 5% following its plans to raise funds through a QIP. This and more in t...
- Stocks in news: IndusInd Bank, Zomato, Saraswati Saree Depot, HCL Tech, Poly MedicureThe benchmark indices saw a flat closing on Monday with investors waiting for more triggers. Key focus areas were IndusInd Bank's RBI nod f...
- Zomato pilots Rs 2 platform fee in some marketsThis follows a similar move taken by its arch rival Swiggy, which started levying a platform fee back in April.
- Zomato shares fall over 4% after co-founder Gunjan Patidar resigns“Such developments create extra selling pressure on the stock. If these kinds of exits happen at the top level, it will have a negative imp...
- Is yet another top-level exit at Zomato a winter chill for Street investors?Some market participants see a knee jerk negative impact of the news on the stock on Tuesday. Shares of the company ended 1.5% higher on th...
- Restructuring ‘not material’, doesn’t require disclosure, Zomato tells BSEZomato told the BSE that news reports regarding its rejig were based on an internal communication that chief executive Deepinder Goyal had ...
- Zomato to become ‘Eternal’; 11,500 sacked at Indian startups this yearZomato is rebranding itself to Eternal, an entity that will house Zomato's food delivery business and its growing number of side hustles.
- Zomato’s Deepinder Goyal plans multiple CEO structures for ‘Eternal’ organisationGoyal suggested the changes within the company in an internal note on July 28.
- Zomato leases 300,000 sq ft office space"The building where Zomato has taken space is a JV (joint venture) between Emaar India and another developer. Zomato has relocated from exi...
- Zomato’s lax disclosure practice is more worrisome than co-founder’s exitWhat should trouble investors more is the behaviour of the company since it became a listed entity. By all means, the COO may have resigned...
- Zomato picks Damini Bhalla as general counsel ahead of planned IPOBhalla was previously a Partner with L&L Partners and specialized in merger and acquisitions and private equity transactions. She was also ...
- Pay hikes slide from up to 40% to almost nothing at startupsInMobi has delayed their appraisal cycle while biggies like Flipkart and Snapdeal are being extremely conservative in giving hikes this yea...
- ET Awards 2014: Startup of the Year, Zomato, has presence in 16 countries globallyThe company has 240,000 restaurant listings ranging from street food outlets and small cafes to plush restaurants at five-star hotels.
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