Zomato Ltd News

Zomato CEO Deepinder Goyal extends Rs 3.5 cr salary waiver till end of FY26

Zomato CEO Deepinder Goyal extends his Rs 3.5 crore annual salary waiver until FY26, focusing on company growth as Zomato strengthens its position in the competitive quick commerce market

Gold Strategy: Buy dips; resistance at Rs 75,400, support at Rs 73,000

Spot gold surged to a fresh record high of $2465 on July 16 as traders continued to pile into the metal on Fed rate cut bets

NCLT admits insolvency plea against Byju's, rejects firm's arbitration plea

Edtech company put under moratorium after tribunal finds it defaulted on due owned to BCCI

Zomato market-cap touches Rs 2 trillion; stock zooms 88% thus far in 2024

Zomato stock outlook: In the past one week, Zomato stock price has outperformed the market by surging 12 per cent as against 1 per cent rise in the benchmark index

4 reasons why HSBC thinks Zomato is a great buy at the current levels

HSBC said, Zomato has seen an improvement in the market share it lost to Swiggy, thanks to the launch of Zomato Gold

Zomato unveils new 'Everyday' offering for affordable home-cooked meals

The new offering will provide meals starting at Rs 89 and is currently available in select areas of Gurugram only

Zomato chief delivers pep talk on Twitter amid string of high-profile exits

Says more than 200 staffers have spent over seven years at the company; Many are on their second (and third) stint, and have been around since 2011 or 2012

Chart check: Are new-age stocks witnessing a trend reversal or pullback?

The present scenario of new-age stocks reveals a pullback (rebound) in their stock prices, show technical charts

Top headlines: SC on Adani-Hindenburg row, Ola rides down the value chain

Business Standard brings you the top headlines at this hour

Ant Group's nominee director Douglas Feigan steps down from Zomato board

Move is the latest in a string of top exits from the food aggregator; comes a week after Feigan stepped down from the board of Paytm parent One97 Communications

Change in tack: Zomato's side ventures continue to outshine core business

Zomato's quick commerce arm Blinkit saw its gross order value (GOV) increase by 18 per cent QoQ

Zomato dips 7% on profit booking as loss widens to Rs 347 crore in Q3

Global brokerage Jefferies believes outlook seems positive as break-even target stays, as early as Q4FY23 - another positive in the context of Zomato Gold

Zomato an accidental company, says CEO and founder Deepinder Goyal

For the Q3FY23 the company's losses widened over five times at Rs 346.6 crore. Loss for the same quarter last fiscal was at Rs 63.2 crore

Zomato loss widens to Rs 347 crore on biz slowdown, Blinkit buy

Revenue for the food delivery company, however, surged 75 per cent to Rs 1,948.2 crore, compared with Rs 1,112 crore in the year-ago period

New-age stocks in focus; Paytm, Policybazaar, Zomato, Nykaa gain up to 10%

In the past one year, these stocks have underperformed the market by falling between 31 per cent and 53 per cent, as against 5 per cent rise in the Sensex

Zomato plunges 15%, hits lowest level since July 2022 on heavy volumes

In the past three months, the stock price of Zomato has tanked 31 per cent, as compared to 1.5 per cent rise in the S&P BSE Sensex

Zomato stops 10-minute food delivery offering, CEO announces 800 job posts

Media reports say 10-minute biz struggling; company denies, says it is just being rebranded

Zomato dips 4% as co-founder, CTO Gunjan Patidar quits company

Gunjan Patidar is the fourth co-founder to exit the company since 2018 and also the fourth top level exit in the company in past two months.

Stocks to Watch: Zomato, IRCTC, Maruti Suzuki, RIL, Birlasoft, M&M Fin, ZEE

Stocks to watch today: Maruti Suzuki India recorded a 16.5 per cent YoY decline in production volume for passenger vehicles in December 2022

Quick commerce: One lighter a day, Rs 9,500 tip; insight into Blinkit use

A resident of Jaipur generously tipped his delivery partner on Blinkit Rs 9,500, the highest of the year