Zomato, Swiggy's GST woes; Amazon's $200-million Axio dealWith the overhaul of India's GST regime, food delivery companies Zomato and Swiggy stare at a new tax burden. This and more in today's ETte...
Can HDB Financial Services maintain its momentum after a strong IPO listing?HDB Financial Services debuted strongly on the NSE at ₹835, a 13% premium over its IPO price. Despite closing slightly higher at ₹840.25, a...
Use dips to buy into Reliance, Bajaj Finserv and defence stocks: Deven ChokseyDeven Choksey sees buying opportunities in corrected stocks like Reliance and NBFCs. He advises caution with defense stocks, citing high va...
Stocks in news: YES Bank, DMart, Kotak Bank, Zomato, Hindustan ZincIndian markets corrected impacting shares of YES Bank, DMart, and Kotak Bank. Despite this, Zomato and Hindustan Zinc were affected, with D...
Zerodha to end zero-brokerage model; Unacademy lays off 250 employeesOnline stock broker Zerodha will likely discontinue its zero-brokerage structure due to new Sebi rules. More on this in today’s ETtech Top ...
Zomato gets shareholder approval for Esop plan, gives up pursuit of NBFC licenceFood delivery company Zomato had proposed an Esop pool of 183 million shares. The new plan would mean a 2% stake dilution for existing shar...
Hot Stocks: Brokerage view on Zomato, AB Capital, Asian Paints and Westlife FoodBrokerage firm JPMorgan maintained an overweight rating on Westlife Foodworld, Macquarie recommended an outperform rating on Asian Paints, ...
Zomato, Stripe secure final RBI nod for online payment aggregatorZomato, in a stock exchange filing, said it will operate the online payment aggregator through its wholly-owned subsidiary Zomato Payments ...
Chill sets in for consumer lending apps; what’s cooking at food delivery platforms?Consumer lending firms are set for difficult days ahead as a central bank diktat on reining in unsecured loans has choked off much-needed c...
Here's why Digant Haria is bullish on NBFCsI think it has been a sector which I have tracked for many-many years, the NBFCs. You were mentioning in your PSU bank presentation just a ...
Paytm, Zomato look good with possibility of 15-20% up move: Hemang Jani“We see more prominent investors coming into it and if there is a valuation re-rating because of that, there will be some rub off on the TV...
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...
Zomato to invest $400 million more in quick commerce; will set up a lending biz for restaurantsZomato said it saw 9% growth in revenue from operations on a quarterly basis, while its customer delivery charges shrank 22%.
Google bets a billion on Bharti Airtel; Zomato backs two more startupsGoogle will make an equity investment of $700 million in Bharti Airtel at Rs 734 a share. The $300 million go towards scaling Airtel’s offe...
Zomato picks up stakes in Adonmo and UrbanPiper; company board approves NBFC incorporationWhile the name of the subsidiary is still to be decided, Zomato is in process of acquiring the NBFC license. The company will look to provi...
The future of revenue-based financing in India: New age financing for ‘traditional’ startupsWhile technology driven startups get most of the attention of the media and all the funds from venture capitalists, there is a silent revol...
Buy Info Edge (India), target Rs 2,100: Sharekhan by BNP ParibasBuy Info Edge (India) at a price target of Rs 2,100.