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ZOMATO FINANCIAL PERFORMANCE
Critical Stage: India's concert boom has a venue problemIndia's booming live entertainment scene, evidenced by massive ticket sales for global and local artists, faces a critical hurdle: a severe...- Eternal's District ramps up sports push, eyes acquisitionsEternal's District platform is expanding into India's booming sports market, moving beyond ticketing to venue bookings and brand partnershi...
- No governance issue with shareholder resolution, will hold revote soon: Swiggy group CEO Sriharsha MajetySwiggy shareholder resolution revote: The resolution sought to amend Swiggy’s articles of association as part of a broader push to become a...
- Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee de...
- Man who supported family through delivery job cracks FMS Delhi: 'Computer crashed during my final CAT attempt but I still achieved my dream'A Reddit post by a student who worked as a Zomato delivery boy, sold books in Delhi’s Daryaganj market, and gave tuition classes to support...
- IT sector a contrarian opportunity at current valuations: Aditya ShahAditya Shah of Hercules Advisors identifies power, banking, chemicals, and real estate as promising sectors for long-term growth amidst glo...
- Your monthly spend also decides how soon you can retire: Expense tracking apps, AI tools are changing how Indians investExpense-tracking apps, spreadsheets, Artificial Intelligence (AI) -generated analysis, and budgeting dashboards are not merely bookkeeping ...
- Sensex surges over 800 points to cross 75,400; Nifty above 23,650 despite weak rupeeIn a recent turn of fortunes, Indian stock markets experienced a notable rise for the second consecutive day. On Thursday, both the Sensex ...
- SoftBank logs $600 million paper loss on India-listed portfolio in March quarterSoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola El...
- Mamaearth parent Honasa Consumer may become first new-age company to announce dividendHonasa Consumer’s board will consider a final dividend on May 21 alongside Q4 FY26 results, potentially making Mamaearth’s parent the first...
- Eternal eyeing $1 billion in adjusted EBITDA by FY29, says Deepinder Goyal in shareholder letterEternal founder Deepinder Goyal says the company reached adjusted EBITDA profitability in FY24 after 16 years and targets $1 billion by FY2...
- From Meerut to Mysuru: Amazon Now bets on non-metro markets. What lies ahead?Amazon is aggressively expanding its quick commerce operations into Tier II and Tier III cities with a significant investment and over 1,00...
- Zomato shares jump nearly 3% after liquidation of Netherlands inactive subsidiaryZomato shares: Eternal pointed out that Zomato Netherlands’ inactive status had already been disclosed in the company's red herring prospec...
- Zomato shares drop 5% after BofA downgrades stock to ‘neutral,’ cuts target price to Rs 250.Zomato shares dropped 5% to Rs 199.90 on the BSE after BofA Securities downgraded the stock to "neutral" and cut its price target to Rs 250...
- Zomato becomes first new-age tech firm to join Sensex: what’s the significance?Zomato's inclusion in the 30-stock benchmark index is driven by a remarkable rally in its stock. Shares of the Deepinder Goyal-led company ...
- Morgan Stanley sees 31% upside in Zomato, believes QC might surpriseMorgan Stanley increased its target price for Zomato to Rs 355, indicating a 31.7% upside. The brokerage firm remains bullish on Zomato due...
- Would prefer Zomato over Swiggy if asked to pick only one: Brokerage JM FinancialBrokerage JM Financial expressed a preference for Zomato over Swiggy, citing Zomato's market dominance and superior execution. The report h...
- Zomato sees Esop costs rising on grant of stock options to Blinkit leadershipCosts incurred under the Esops head are non-cash expenses, and will rise in the ongoing fiscal “on account of grant of Esops to the Blinkit...
- Blinkit Disruptions: Zomato sees no material impact on financial performance; stock jumps 4%"These disruptions and changes have no material impact on the operations /financial performance of the Company (meaningfully less than 1% r...
- Subscribe to Zomato IPO only for listing gains: BrokeragesReligare said investors may consider subscribing to the Zomato IPO for listing gains. The company is financially making losses which remain...
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