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JEFFERIES NOTE ONDC
Exclusive: IPO-bound Flipkart explores food delivery launchFlipkart, owned by Walmart, is assessing entry into online food delivery, starting with a Bengaluru pilot around May-June and a wider launc...- ETMarkets Smart Talk: India’s market cap could hit $10 trillion by 2030, says ArthAlpha’s Rohit BeriRohit Beri of ArthAlpha Investment Advisors presents a bullish outlook on Indian equities, projecting a $10 trillion market capitalization ...
- We remain very positive on capital goods, defence, and manufacturing: Hemant ShahNotably, multinational companies in this sector, such as those in bearings and chemicals, have posted exceptionally strong numbers. Therefo...
- Zomato rises 4% as brokerages show higher appetite for stock post Q2 earningsZomato posted a Rs 36-crore profit after tax (PAT) against the estimates of Rs 5-crore loss by ETNow poll. The company had posted a surpris...
- Midcap and smallcap stocks will continue to outperform, says Vinit Bolinjkar. Here’s whyVinit Bolinjkar, Head of Research at Ventura Securities, expects earnings to continue strong in India, especially with an influx of bond mo...
- Zomato's Q1 results enhance investor appetite as share jumps 8%. Should you buy?The food delivery platform reported a consolidated net profit of Rs 2 crore for the quarter ended June 2023 against a loss of Rs 186 crore ...
- Govt to certify ‘permissible’ games for now; crypto transfers to wallets on radarThere are many types of online real money games, and the government has not banned all of them, only those that involve wagering, Rajeev Ch...
- ONDC to launch revised incentive structure from June 1Under the new scheme, the maximum discount that can be offered per order has been limited to Rs 100, compared to Rs 125 earlier. Further, t...
- Control is back in your hands: NRAI advises restaurants on ONDCThe ONDC platform has started by offering prices 30-80% lower to consumers and charging significantly lower commissions from restaurants, c...
- ONDC may levy two kinds of fees to meet costs: CBOThe Open Network for Digital Commerce (ONDC) plans to levy two kinds of fees to meet its costs in the long run, the non-profit company’s ch...
- Google sets billing option deadline; Flipkart head of new biz Adarsh Menon quitsDespite an ongoing legal tussle with startup body Alliance of Digital India Foundation, Google has asked Indian app developers to adopt one...
- ONDC may not match Zomato-Swiggy scale: Jefferies; Twitter set to get new CEOThe government-backed ONDC may be many things, but as things stand, it cannot match the benefits of scale food delivery majors Zomato and S...
- ONDC benefits may not be enough to offset Zomato, Swiggy scale: JefferiesIt is unsustainable for ONDC-enabled apps to offer higher discounts or lower delivery charges in the absence of the incentives funded by th...
- Hot Stocks: Brokerages on Mankind Pharma, Lupin, MGL, Zomato, Godrej ConsumerBrokerages have initiated coverage and maintained ratings on several companies, according to top brokerages sources. Antique has initiated ...
- Slice alters business model; SoftBank, Sequoia want firms to join ONDCThe new rule has forced Slice, which until now offered a revolving credit line to customers, to alter its business model.
- Prepaid card numbers crash; Tech Mahindra CEO bats for free spectrumUntil May, fintech companies were issuing five to seven lakh prepaid cards a month to customers. But in June the RBI barred non-banks from ...
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