Stocks on brokerages’ radar for January 17 – Times of India
J P Morgan has maintained its ‘overweight’ recommendations on Swiggy with a target price of Rs 730 (+51%) and Zomato with a target price of Rs 340 (+40%). Analysts see…
This 21-year-old founder tops Hurun list of youngest self-made entrepreneurs – Times of India
Hurun India has released a report with its latest ranking of self-made entrepreneurs who have built the most valuable companies since the year 2000. While Radhakishan Damani, founder of retail…
Zomato CEO Deepinder Goyal is India’s 2nd biggest self-made entrepreneur – check top 10 in new Hurun list – Times of India
Zomato's market cap has seen a remarkable 190% increase to Rs 2,51,900 crore. Zomato CEO Deepinder Goyal is India’s 2nd biggest self-made entrepreneur! Zomato's valuation has seen a remarkable 190%…
Explained: Why has Zomato received a Rs 803 crore GST demand notice? – Times of India
The Rs 803.7 crore tax demand exceeds Zomato's total profits since achieving profitability in the April-June 2023 period. Zomato has received a notice from GST authorities demanding Rs 803 crore…
Zomato to replace JSW Steel in sensex – Times of India
Mumbai: Zomato, the app-based food delivery major that was listed in July 2021, will replace JSW Steel in the sensex on Dec 23, a BSE notice said. Currently, Zomato, with…
‘Couldn’t have asked for better company’: Zomato CEO’s heartfelt message as rival Swiggy makes market debut – Times of India
NEW DELHI: Swiggy, India's food and grocery delivery giant, made its much-anticipated stock market debut on Wednesday. The occasion sparked a heartwarming exchange on social media between the market rivals,…
Swiggy to offer shares at Rs 371-390 – Times of India
MUMBAI: Swiggy has set a price band of Rs 371-390 for its upcoming Rs 11,327 crore (about $1.4 billion) IPO which will be launched on Nov 6, sources told TOI.…
Swiggy seeking to sell shares for up to Rs 390 each in IPO – Times of India
Indian food-delivery platform Swiggy Ltd. is seeking to sell shares for as much as 390 rupees ($4.64) each in an initial public offering that may raise $1.35 billion, people familiar…
Paytm posts first net income after selling assets to Zomato – Times of India
Paytm reported its first-ever net income, helped by a gain from the sale of its events business as the Indian fintech pioneer fights to rebound from regulatory setbacks.The company, which…
E-commerce speeds up to catch up with Quick commerce – Times of India
MUMBAI: For online platforms, this festive season is all about speed. As quick commerce firms expand into non-grocery categories - the domain of e-commerce companies- and enter smaller cities, getting…