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Zomato gets RBI approval to operate as 'online payment aggregator'

Zomato gets RBI approval to operate as 'online payment aggregator'

Thu, Jan 25, 2024

"We wish to inform that ZPPL has been granted a certificate of authorisation dated January 24, 2024, from the RBI to operate as an 'Online Payment Aggregator' in India with effect from January 24, 2024, as per the guidelines issued by the RBI," Zomato said in an exchange filing.

Zomato hits fresh 52-week high again; can you still join the party?

Zomato hits fresh 52-week high again; can you still join the party?

Fri, Jan 12, 2024

With that, the stock took its overall upmove to 6.6 per cent in four days, having scaled a series of 52-week highs this week.

Zomato to show muted business, stock performance this year, says HSBC; target raised

Zomato to show muted business, stock performance this year, says HSBC; target raised

Thu, Jan 11, 2024

Zomato posted a net profit of Rs 36 crore for the September quarter, driven by higher food delivery orders, as against a net loss of Rs 251 crore for the corresponding period a year ago.

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Swiggy delivers 1.65 lakh, Zomato gets 16,514 biryani orders on New Year's Eve

Swiggy delivers 1.65 lakh, Zomato gets 16,514 biryani orders on New Year's Eve

Mon, Jan 02, 2023

Swiggy CEO Sriharsha Majety also revealed that more than 1,22,000 users were live on the application on that day.

Zomato And Swiggy Received More Than 5 Lakh Orders On New Year’s Eve

Zomato And Swiggy Received More Than 5 Lakh Orders On New Year’s Eve

Mon, Jan 02, 2023

How much biryani was sold at the New Year party? How much pizza did people eat on New Year? How was the business of Zomato, Swiggy? Which dish got 3.5 lakh orders? What did Indians eat at New Year party? Know full details from Ashish Chaturvedi.

Startup Celcius Logistics launches hyper-local temperature-controlled delivery services in 9 cities

Startup Celcius Logistics launches hyper-local temperature-controlled delivery services in 9 cities

Thu, Dec 01, 2022

The startup has currently tied up with Zomato and is the partner of choice for temperature-controlled deliveries for their intercity orders.

Zomato Bulk Deal: Alibaba offloads stocks worth $200 million--Should You Buy?

Zomato Bulk Deal: Alibaba offloads stocks worth $200 million--Should You Buy?

Wed, Nov 30, 2022

Zomato shares traded in green on November30. Chinese behemoth Alibaba is selling its shares worth $200 million in Zomato via a block deal.

Zomato Share Price: Alibaba offloads stocks worth $200 million; Should you buy? Check make and break levels

Zomato Share Price: Alibaba offloads stocks worth $200 million; Should you buy? Check make and break levels

Wed, Nov 30, 2022

Zomato stock is in news today as Chinese behemoth Alibaba is selling its shares worth USD 200 million in Zomato via a block deal. Ant Financial and Alipay will bring down their stake in the Deepinder Goyal-run food delivery unicorn to about 10 per cent from the current 13 per cent, reported IANS citing a media report

Stock Market Today Live Updates, 30 November 2022

Stock Market HIGHLIGHTS: Dalal Street gives free run to Bulls; making lifetime highs now a HABIT for Sensex, Nifty

Wed, Nov 30, 2022

Stock Market HIGHLIGHTS: In the 50-stock Nifty, 46 stocks advanced while 4 declined. The The top gainers were Mahindra & Mahindra, Hindalco Industries, Grasim Industries, SBI Life and Ultratech Cement Company while the top losers were Indusind Bank, State Bank of India (SBI) and HCL Technologies

Zomato share price: Why is Morgan Stanley upbeat on food delivery company?

Zomato share price: Why is Morgan Stanley upbeat on food delivery company?

Tue, Nov 29, 2022

Zomato Share Price: Zomato is in news for several reasons including the high profit exits in the past few months and layoffs.

Zomato shares up as investors optimistic about growth post Amazon shuts down food-delivery business

Zomato shares up as investors optimistic about growth post Amazon shuts down food-delivery business

Mon, Nov 28, 2022

Shares of Zomato traded in green on Nov 28 amid reports that Amazon has decided to shut down its food delivery business by the end of this year. "After a careful evaluation, we have decided to discontinue Amazon Food from December 29, 2022," Amazon told its restaurant partners.

Zomato gains as investors optimistic about growth after Amazon shuts down food-delivery business

Zomato gains as investors optimistic about growth after Amazon shuts down food-delivery business

Mon, Nov 28, 2022

Zomato Share Price: The scrip was trading at 65.10 at around 11:20 am. In the last trading session, the counter had closed at Rs 64.

Traders Diary on 20 stocks: Buy, Sell or Hold strategy on Zomato, Hero MotoCorp, ONGC, Tata Motors, others

Traders Diary on 20 stocks: Buy, Sell or Hold strategy on Zomato, Hero MotoCorp, ONGC, Tata Motors, others

Mon, Nov 28, 2022

In today's edition of Traders Diary, Zee Business research team brings its exclusive research on 20 stocks that investors and traders can refer to while making their strategies in them

Start-up IPO: New-age internet companies and their downward trajectory-- All You Need To Know

Start-up IPO: New-age internet companies and their downward trajectory-- All You Need To Know

Wed, Nov 23, 2022

From Paytm, and Nykaa to Zomato, Zee Business highlights how the new-age Indian internet companies have shed more than $18 billion in value in the past 16 months

New-age Indian internet firms continue to bleed as startup IPO dream over

New-age Indian internet firms continue to bleed as startup IPO dream over

Wed, Nov 23, 2022

Market experts have said that the valuations of these new-age internet companies were not supported by strong fundamentals while their cash burn was extremely high.

Zomato Share Price: Here’s why Zomato Stock Trades Under Pressure?

Zomato Share Price: Here’s why Zomato Stock Trades Under Pressure?

Tue, Nov 22, 2022

Sentiment around the stock turned weak after the company announced to layoff 3% of its workforce. Around 3800 employees are likely to lose their jobs.

Zomato share price: Stock trades under pressure as Street sentiment weak on food delivery platform - here is why

Zomato share price: Stock trades under pressure as Street sentiment weak on food delivery platform - here is why

Tue, Nov 22, 2022

Zomato share price: Sentiment around the stock turned weak after company announced to layoff 3 per cent of its workforce. Around 3800 employees are likely to lose their jobs.

Zomato In Preparation For Layoff, How Worried Should Investors Be?

Zomato In Preparation For Layoff, How Worried Should Investors Be?

Mon, Nov 21, 2022

Co-founder Mohit Gupta left Zomato. Zomato has also started laying off employees. What are the advice of brokerages on Zomato? Know full details from Arman Nahar.

Zomato Shares Plunge as co-founder Mohit Gupta announces exit; Brokerages Hold Mixed View--Check Target Price Here

Zomato Shares Plunge as co-founder Mohit Gupta announces exit; Brokerages Hold Mixed View--Check Target Price Here

Mon, Nov 21, 2022

Declines in Zomato shares continued on Nov 21 as the stock fell over 4% in trade. The counter has lost nearly 11% over 7 trading sessions.

Buy, Sell or Hold: Zomato slides over 4%; down over 10% in 7 sessions

Buy, Sell or Hold: Zomato slides over 4%; down over 10% in 7 sessions

Mon, Nov 21, 2022

Technical Analyst Nilesh Jain has recommended a sell strategy on this stock on rise. He said that the current chart structure does not indicate a decisive movement trend

Stock Market Today UPDATES, 21 November

Stock Market HIGHLIGHTS: Sensex, Nifty end in red for 3rd consecutive day as Reliance, Infosys trigger downfall

Mon, Nov 21, 2022

Stock Market Today HIGHLIGHTS: On Monday, Singapore-based SGX Nifty was trading at 18,205, down 142.5 points or 0.78% while Dow Futures were trading at 33,635.50, lower by 110 points or 0.33%

Top global brokerage companies recommended buy call on these 5 Stocks for this week

Top global brokerage companies recommended buy call on these 5 Stocks for this week

Sun, Nov 20, 2022

Global brokerage houses recommend these 5 Stocks for invest your money and may add these in your portfolio. Here you know target price.

Zomato co-founder Mohit Gupta resigns from post

Zomato co-founder Mohit Gupta resigns from post

Sat, Nov 19, 2022

Online food delivery platform Zomato on Friday said its Co-founder Mohit Gupta has resigned from his post. Gupta, who had joined Zomato four-and-a-half year back, was elevated to co-founder in 2020 from the position of CEO of its food delivery business.

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