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Tata Steel Q2 Preview: Revenue may rise 2% YoY; low base to lift profitTata Steel is likely to post a sharp rebound in profit for Q2 FY26, aided by lower input costs and higher domestic volumes, even as steel p...- Antfin to offload entire Rs 5,370 crore stake in Eternal via bulk dealAntfin Singapore, an Ant Group affiliate will sell its entire stake in Eternal on Thursday. The sale involves 18.84 crore shares via a bloc...
- From Paytm to MakeMyTrip: How Indian startups are unwinding Chinese ownershipIndia’s largest online travel platform plans to raise $3 billion through a mix of debt and equity to buy back shares from Trip.com Group. O...
- 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.
- HSBC cuts target price on Zomato and Swiggy on intense competition in Q-Comm industryHSBC has revised target prices for Zomato and Swiggy, citing intense competition in the quick commerce sector. While maintaining a 'Buy' ra...
- Zomato shares jump nearly 3% after liquidation of Netherlands inactive subsidiaryZomato shares: Eternal pointed out that Zomato Netherlands’ inactive status had already been disclosed in the company's red herring prospec...
- Stocks in news: TCS, Sun Pharma, Bharti Hexacom, Eternal, Greaves Cotton, Tata SteelTata Consultancy Services (TCS), India’s top software exporter, reported a 1.7% year-on-year decline in consolidated net profit to Rs 12,22...
- Adopted sis and acquired: Blinkit's reply to Zomato's Rakshabandhan message goes viral; Check what it meansZomato and Blinkit had a good-natured social media exchange on Raksha Bandhan. Zomato acquired Blinkit in 2022 for $570 million. Zomato rep...
- Indian skipper Rohit Sharma's iPhone stolen ahead of World CupIndian cricket captain Rohit Sharma lost his iPhone during a practice session before the third ODI against Australia, according to reports....
- Founder Vijay Shekhar Sharma’s stake in Paytm touches 20%; Data Bill passed in Lok SabhaIn a move that Vijay Shekhar Sharma no doubt hopes will please regulators and convince them to greenlight the Paytm founder’s business plan...
- Paytm completes share buyback worth Rs 850 croreThe Paytm board had approved buyback of shares worth Rs 850 crore on December 13, representing 6.67% of the total paid-up share capital bet...
- Locating a speedy solution to quick commerce’s woesQuick commerce is rapidly acquiring customers. But transactions are far from profitable, with high cash burn leading brands to tweak busine...
- Union ministers, K’taka CM key guests at ETSA event; Zomato nearly halves Q2 net lossThe star-studded event in Bengaluru, which will also play host to a galaxy of business leaders, entrepreneurs, investors and policy makers,...
- Zomato, Swiggy results; RBI's crypto warningFood delivery firm Zomato has reported a consolidated net loss of Rs 67.2 crore for the December quarter, down from Rs 352.6 crore in the s...
- Stocks in the news: Zomato, RIL, Cadila Healthcare, Power Grid and SiemensZomato reported widening of its net loss to Rs 360.7 crore for the quarter ended on June 30, 2021, mainly on account of rise in expenses.
- UberEats India devours firm's global numbersUber's total revenue rose nearly 30% to $3.81 billion, while net loss widened to $1.16 billion in the quarter ended September 30, the compa...
- Uber India collective loss to hit Rs 3.8k croreNegative revenues could be caused by commission revenues being lower than the cost of delivery, high refunds to consumers and UberEats payi...
- India is now home to Uber’s businesses in the countryBooming food delivery business is making global majors rework India ops. While Uber is bringing its India arm HQ into the country, Amazon w...
- Swiggy, UberEats can’t tally numbers for a dealFood delivery firms fail to agree on financial terms and taxation clauses of proposed deal; merger talks on hold
- Checkout how scientists are building next generation of logistics industryScientists from diverse backgrounds, including a neurogeneticist and a particle physicist, are building the next generation of technology f...
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