Mon, Dec 23, 2024
Zomato joins Sensex as tech takes center stage; JSW Steel exits amid $252 million outflows.
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Fri, Dec 20, 2024
Zomato's entry into the BSE Sensex on December 23 replaces JSW Steel. With a market cap of Rs 2.75 lakh crore, Zomato has eclipsed Tata Motors and Bajaj Auto.
Wed, Dec 18, 2024
Radhakishan Damani-promoted Supermarket chain Dmart has emerged the most-valuable Indian company founded by a self-made entrepreneur post-2000 with a valuation of Rs 3.42 lakh crore, as per data released by Hurun on Wednesday.
Fri, Aug 26, 2022
In a fresh filing with the Bombay Stock Exchange (BSE), Zomato said Sequoia Capital India sold some 6.7 crore shares in the September 6-October 14, 2021 period and 10.5 crore shares between June 27-August 25, 2022.
Mon, Aug 22, 2022
Online food delivery platform Zomato has stopped signing up new users or renewing old subscriptions for its loyalty dining membership programme called `Pro`, as the Deepinder Goyal-run company is working with customers and restaurant partners to craft a new programme.
Zomato Pro Plus: Zomato reported Rs 185.7 crore in consolidated loss for the quarter ending June 30, compared to a loss of Rs 359.7 crore in the previous quarter.
The food delivery firm said that the video is part of the pan-India campaign for which Mahakal Restaurant (simplified as Mahakal) was chosen in Ujjain.
Sun, Aug 21, 2022
They also approached Ujjain district collector Ashish Singh who is the chairman of the Mahakal temple trust and sought action against the company.
Fri, Aug 19, 2022
The new service on the platform arrives as Zomato is set to experiment with cross leveraging its customers base for Blinkit and vice versa.
Thu, Aug 18, 2022
Zomato-backed logistics technology platform Shiprocket on Aug 17 became India's 106th unicorn after raising $33.5 million (about Rs 270 crore) in a funding round co-led by Temasek and Lightrock India.
Launched in 2017, Shiprocket delivers packets to more than 66 million consumers annually and is growing 3 times year on year.
Wed, Aug 10, 2022
Zomato, which earlier this year gave an investment guidance of USD 400 million for the next couple of years on quick commerce, has now reduced it to about USD 320 million
Sat, Aug 06, 2022
Global brokerage are bullish on these sectoral specific stocks and give targets to investors for new buying. In this video know full list of these stocks and target price
Thu, Aug 04, 2022
Zomato said investment firm Tiger Global has reduced its stake in the company by almost half to 2.77% by selling over 18.45 crore shares in the open market.
Tiger Global's Internet Fund VI Pte Ltd had a holding of 5.11 percent in the online food delivery platform before the sale. Between July 25- August 2, 2022, the fund sold over 18.45 crore shares aggregating to 2.34 percent stake in the company in the open market, Zomato said in a regulatory filing.
The Zomato block deal was executed at Rs 50.44 per share equivalent to 612 million or 7.8 per cent of total outstanding shares.
Wed, Aug 03, 2022
During intraday, shares of Zomato Ltd fell up to 6.8% on Aug 3, in their biggest drop in more than a week, a day after reports said that Uber Technologies planned to sell its entire stake in the Indian food delivery firm.
The Zomato block deal was executed at 50.44 rupees per share. Zomato and Uber did not immediately respond to requests for comment.
Uber is the likely seller of a 7.8% stake in Zomato, a source with direct knowledge of the matter told Reuters on Tuesday.
The sources said the offer price range for the deal to be carried out on Wednesday will be between Rs 48-54 per share.
Tue, Aug 02, 2022
Zomato jumps 20% on reduction in losses. Zomato ran about 30% in 5 days. Company gives clarifications on results. What is the statement of management? Know full details from Arman Nahar.
Shares of Zomato rose over 17% in Aug 2's intraday trade after the food aggregator company's consolidated net loss almost halved to Rs 186 crore in the Q1FY23 against a net loss of Rs 360.7 crore in the same quarter of the previous year
Mon, Aug 01, 2022
Zomato Q1 Results: Net loss was at 1.86 billion Indian rupees ($23.52 million)for the three months ended June 30, compared with a loss of 3.56 billion rupees a year ago, the company said in a regulatory filing.
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