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GRAB BREAKEVEN
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...- Eternal shares get $2 billion shock after Q3 results, but target price goes up to Rs 480. Buy or sell?Eternal shares have fallen, erasing over $2 billion in market value, despite brokerages raising target prices, creating uncertainty for inv...
- Order now! With Zomato & Swiggy soaring, which stock should be in your portfolio?Zomato and Swiggy have experienced significant growth, fueled by strong order volumes and improved quick commerce prospects. While GST rule...
- United Airlines Holdings Inc (UAL), JetBlue Airways Corp (JBLU) stocks crash after partnership talksUnited Airlines Holdings Inc and JetBlue Airways Corp shares on Friday tanked. Both companies' stocks listed on Nasdaq are not performing a...
- Eternal and Swiggy will quadruple the size of the business over next 3 years, while keeping losses in check: Kunal VoraIndia's unorganized retail sector is experiencing a quick commerce surge, with companies like Eternal achieving EBITDA breakeven through da...
- SentinelOne misses quarterly profit estimates, shares fallInvestors have come to expect strong results from cybersecurity companies as the growing threat of high-profile online hacks and data breac...
- 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...
- Delivery Hero in $1.25 billion deal with Uber for Foodpanda Taiwan sale, investmentUber will pay $900 million in cash to take over Foodpanda business in Taiwan. Delivery Hero will issue 8.42 million additional shares, whic...
- Grab advances break-even timeline on boost from cost cuts, strong demandThe Southeast Asian internet firm also delivered better-than-expected results for the last quarter, sending its U.S.-listed shares up 9%.
- Grab cofounder Tan Hooi Ling to exit her operational rolesTan Hooi Ling, 39, will also give up her seat on the board, though she will remain an adviser to the company, according to an internal memo...
- Grab expects to break-even on adjusted ebidta by H2 2024 - CFOGrab, which listed on the Nasdaq in December following a record $40 billion merger with a blank-check company, has been under investor pres...
- Uber Technologies likely to sell 7.8% stake in Zomato through block dealThe sale has been fixed at Rs 48-Rs 54 apiece, a discount of 2.8-13.6% to Tuesday’s closing price of Rs 55.55 on the National Stock Exchang...
- Buy Eicher Motors, target Rs 24,947: ICICI SecuritiesEicher Motors is a largecap company, operating in auto sector.
- Star India restructures sports business, eyes breakeven this fiscalStar India has divided the sports business into three parts: Star Sports First, Star Sports 1 and 2, which will have popular sports like cr...
- At Eight Roads, Shadowfax gets its $10m in Series BShadowfax has been growing at 12% month-on-month basis and has a fleet of over 2,500 delivery personnel on its platform. The startup raised...
- Power equipment makers fear project delays due to de-allocation of coal blocks“There is terrific pressure on our manufacturing capacity due to lack of visibility for new projects, MS Unnikrishnan, MD and CEO, Thermax ...
- Larsen & Toubro cuts power gear prices to reverse order flowL&T has lowered prices for its power equipment and engineering business responding to the intense competition to grab a share of the shrink...
- Ford reports $1 billion Q3 profitFord earned $1 billion in Q3, fueled by US market share gains, cost cuts & the govt's Cash for Clunkers rebates. Corporate Earnings | Cars ...
- General insurance premia may not tumbleExpectations of another 50-60% decline in premiums after the general insurance industry was completely detariffed are turning out to be mis...
- Life insurers may have to wait a while to go publicThey may not be in a position to divest a slice of their promoters' stake to the general public even within the 10th year of operation. Ins...
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