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DELIVERY HERO FORECAST
JP Morgan warns of FY27 earnings risk, says Nifty can fall to 20,500 in bear caseJP Morgan has cautioned that India’s FY27 earnings face significant risks from an extended energy and logistics shock linked to the Middle ...- Robots, drones could slash global food delivery costs to $1 per order, Barclays saysAutonomous food delivery robots and drones could cut costs by several dollars to as low as $1 per order, a shift that could unlock billions...
- Grab to lean on scale, AI to navigate rising fuel costs, CEO saysThe Singapore-based company earlier this year expanded outside Southeast Asia for the first time when it purchased Delivery Hero's Foodpan...
- Grab to buy Delivery Hero's Foodpanda Taiwan business for $600 millionThe Taiwan purchase gives the Singapore-based company a sizeable delivery foothold beyond Southeast Asia in its pursuit of a broader expa...
- Global Markets | European shares slip as AI-disruption worries, mixed earnings weighEuropean shares slipped on Friday, tracking a sombre global mood as uncertainties about artificial intGlobal Markets | European shares slip...
- European shares edged lower as tech declines outweigh Fed reliefEuropean shares were muted on Thursday, as declines in technology stocks following a weak forecast from U.S. cloud firm Oracle outweighed r...
- European shares steady with focus on upcoming US data; Siemens slidesEuropean shares were steady on Thursday, as investors braced for crucial U.S. economic data following the end of the nation's longest gover...
- Ather’s Esop bonanza; Startups face tax heatAther Energy’s upcoming IPO is set to unlock wealth for more than 1,300 employees. This and more in today’s ETtech Top 5.
- Nifty bulls await directional move, auto stocks in focusAuto stocks were in focus amid the release of June month sales numbers. Shares of Samvardhana Motherson, Hero Moto, Bharat Forge, Maruti Su...
- AMD to invest $400 million in India; Reliance's Milkbasket to see layoffs, redundanciesIn a boost for India’s Semiconductor Mission, California-based Advanced Micro Devices (AMD) will invest $400 million in India, its chief te...
- Online food company Delivery Hero forecasts 2023 GMV growth of 5-7%The Berlin-based company expects its GMV to grow between 5% and 7% in constant currency this year.
- Will internet stocks like Paytm, Zomato and Nykaa pass Q1 test?The shares of food delivery giant Zomato, which recently announced the acquisition of grocery delivery start-up Blinkit (formerly Grofers) ...
- Musk sells $4B Tesla shares; Turtlemint nears unicorn valuationMusk said in a tweet that there are "no further TSLA sales planned after today”. He sold 4.4 million shares on Tuesday and Wednesday, accor...
- European stocks climb on strong earnings reportsBritish bank Standard Chartered jumped 10.1% and Spain's Banco Sabadell climbed 5.3% after reporting upbeat quarterly earnings.
- European shares inch up, food delivery stocks jumpThe pan-European STOXX 600 climbed 0.1 per cent as of 0821 GMT after jumping 1.4 per cent to its best day in two weeks in the previous sess...
- European stocks inch towards record high as PMIs, chip rally supportThe pan-European STOXX 600 index rose 0.5 per cent, hovering just 2 points below its all-time high. The benchmark ended the first quarter w...
- European stocks lower ahead of Powell speech, banks weighThe pan-European STOXX 600 index slipped 0.2 per cent by 0716 GMT, with banks and miners leading the losses.
- Rural demand drives Hero MotoCorp sales of 4.5 lakh units in JunePowered by growth from rural and semi-urban markets, Hero MotoCorp, the world's largest two-wheeler manufacturer has made wholesale deliver...
- Don’t expect Nifty to breach levels of 7000 on the downside: Vineet Bhatnagar, PhillipCapital'Although there is still activity visible in the midcap names, at the benchmark index level, the movement looks sluggish,' says Bhatnagar.
- Stocks to watch: Essar Shipping, Ashok Leyland, Hero Honda, Punj Lloyd, Sobha DevelopersA market rally is on the cards on Monday after the UPA emerged victorious in the recent general elections reassuring investors of a stable ...
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