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ZOMATO LATEST NEWS
Kunal Shah heads to Meta; New-age IPO playbookHappy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding deal. This and more in today’s ETtec...- 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...
- Why market rallied today? Sensex jumps 1,074 points, Nifty closes above 24,000. 5 factors behind surgeIndian stock markets surged on Monday, with Sensex and Nifty rallying over 1% each, driven by rising hopes of a US-Iran peace deal and fall...
- Why market rose today? Sensex gains 360 pts, Nifty closes above 24,100. West Bengal election trends among 5 factorsIndian benchmark indices Sensex and Nifty surged on Monday, driven by positive sentiment from West Bengal election trends and a drop in oil...
- Why stock market rose today? Sensex rises over 600 points, Nifty ends above 24,150. 3 key factors behind the rallyIndian stock markets surged on Wednesday, with Sensex and Nifty 50 gaining significantly. This optimism was fueled by reports of Iran submi...
- Stocks in news: Zomato, Jio Financial, Swiggy, Coal India, Airtel, Ami OrganicsShares of Swiggy, Hyundai, Bajaj Housing Finance, Zomato, Jio Financial will be in focus as the companies made it to exclusive Nifty and Ni...
- Zomato, Ajio & Ola to adopt Safety Pledge to protect online consumers on December 24Major e-commerce platforms like Zomato, Ajio, and Ola are pledging to enhance online shopper safety. This voluntary commitment, announced o...
- Swiggy, Zomato on antitrust allegations; Amazon marketplace FY24 reportSwiggy and Zomato have maintained that they are in compliance with India’s competition laws. This and more in today’s ETtech Top 5.
- RBI’s missive to online payment firms; CEO shuffle at startupsHappy Monday! The country’s central bank has asked payment companies to flag high-value suspicious transactions amid the ongoing general el...
- Zomato says B2B vertical could top food delivery; startup CEO draws flak for touting 18-hour workThe company also reiterated its focus on growing its topline and reassured shareholders about its path to profitability.
- Zomato says B2B vertical Hyperpure could be bigger than food delivery“Our core food delivery business is headed for profitability. We think Hyperpure may become as large as or larger than even food delivery.....
- 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.
- Aswath Damodaran calls out Zomato conspiracy theorists, says time for investors to take responsibilityDamodaran said one should not attribute the fall to conspiracies where insiders, founders and backers play the role of villains, especially...
- Don't apply traditional valuation models on Zomato: Sunil Subramaniam"If you use the traditional valuation models (for Zomato IPO), you are going to go wrong."
- Season of IPOs: After 5 in June, it’s 11 in JulyThe parent company of Naukri.com owns about 18.5% of Zomato and will sell shares worth $100 million in the IPO.
- ETtech Evening Briefing on Feb 25, 2021: Govt plans to tighten online rules, experts worryThe government announced its plan to enact stricter rules for social media platforms, online news portals and streaming services. India's u...
- Zomato kicks off grocery deliveries in India amidst Covid-19 lockdownThe aim here is to ensure last-mile delivery of essentials to households in India during the Covid-19 lockdown.
- Byju Raveendran, Zomato's Gaurav Gupta make it to WEF's Young Global Leaders list; 2 Indian women leaders also featureThe other 3 Indians on the list are Tara Singh Vachani, Vinati Mutreja and Swapan Mehra.
- Zomato hacked: Hackers steal data of 17 million usersNews of the theft, estimated by some to be the biggest such reported breach at an Indian company, comes amid growing concern over online at...
- Housing.com's Rahul Yadav takes a dig at Infosys CEO Vishal SikkaRahul Yadav has now taken pot shots at Vishal Sikka by posting a picture of the Infosys CEO sleeping at an airport lounge on Facebook.
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