Blinkit seeing growth in smaller cities: Zomato CFO Akshant GoyalZomato's quick commerce platform, Blinkit, is expanding into smaller cities while continuing its focus on large metropolitan areas. Quick c...
2 stocks Hemang Jani is bullish on from pharma sectorSo, I do think that be it the largecap generic-focused companies like Sun, Dr Reddy’s, Cipla, or some of the API-based companies whether it...
Expect more correction in defense and shipyards stocks: Sandip SabharwalLonger term trends, I would not be so concerned because many investments in automation or green energy, the entire power sector, even the i...
Auditor of Zomato subsidiaries resignsThe food tech platform's auditor Deloitte Haskins & Sells has been appointed in its place to make the audit process more efficient.
Will evaluate shareholders’ requests for dividends, but no decision yet: Zomato CFO Akshant GoyalOn August 3, Zomato reported a maiden consolidated net profit of Rs 2 crore for the quarter ended June 2023, as against a loss of Rs 186 cr...
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.
You can call on this number if you find Zomato delivery agents speeding“We do not incentivise riders to deliver an order quickly. We don’t even tell them what the estimated delivery time is. If someone is speed...
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.....
Market can trade at around previous highs over the next few months: Dipan Mehta“There will be corrections down the line but in my opinion, the fear factor is much less unless there is some other catastrophe around the ...
Fintechs may sharpen focus on NBFC ops; Paytm CEO Sharma faces dissentThe new rules – which clearly favour entities under the RBI’s control – could force fintech firms to focus on their non-banking financial c...
Corporate Radar: Airtel, GAIL to turn ex-dividend; ITC, Zomato Q1 results; AGMs, and moreFortis Healthcare, Alkyl Amines Chemicals, Goodyear India and RCL Retail will have their annual general meetings (AGM) today. The boards of...
RIL disappoints; this is likely to be a consolidation week: Neeraj Dewan“One should be a little more cautious this week because in the last couple of weeks with everyone sitting on gains, people were bullish on ...
Corporate Radar: Dividends, rights issues, AGMs and Q4 earningsAt least five stocks will go ex-dividend today. They included Angel One, Caplin Point Laboratories, Coforge, Cyient and Dolat Algotech.
Stocks in the news: CarTrade, Zomato, Vodafone Idea and Aarti IndustriesPrivate sector lender HDFC Bank fixed the coupon rate of its $1 billion additional tier- I (AT-1) bonds at 3.70 per cent per annum.
Reliance has been stagnating but has a huge runway: Ajay Bagga“Reliance is the top company in our markets. Fund managers stay invested in it and the runway is very huge, says the market expert.”
Irresistible public offerings! The hits and misses in India's IPO historyDhirubhai Ambani is credited with starting the retail investor cult in India, when he publicly listed Reliance in the late 1970s. Bankers a...
What to expect from Reliance quarterly results today"In the results (of Reliance Industries), the oil-to-chemicals segment is likely to be better in terms of performance.