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Shaktikanta Das thanks PM Modi, FM Sitharaman as his RBI tenure ends

Shares of steel companies are trading higher by up to 5 per cent on the BSE in Tuesday's intra-day trade in an otherwise range bound market after steel imports in November' decreased by 28 per cent mo

Shaktikanta Das thanks PM Modi, FM Sitharaman as his RBI tenure ends
Updated On : 12 Dec 2024 | 4:09 PM IST

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

Zomato CEO Deepinder Goyal extends Rs 3.5 cr salary waiver till end of FY26
Updated On : 27 Nov 2024 | 2:16 PM IST

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

Zomato market-cap touches Rs 2 trillion; stock zooms 88% thus far in 2024
Updated On : 15 Jul 2024 | 6:38 PM IST

Zomato keeps its lead over Swiggy, gross merchandise value jumps 26%

In its annual report earlier this week, Prosus - Swiggy's biggest investor with a 33 per cent stake in the company - indicated that Swiggy's losses jumped 80 per cent year-on-year (YoY) between Jan 1-

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Updated On : 30 Jun 2023 | 8:23 AM IST

Yulu ties up with Zomato to provide e-scooter for food deliveries

Electric bike-sharing startup Yulu has joined hands with food delivery platform Zomato for providing 25,000-35,000 units of its purpose-built e-scooter DeX to the latter's delivery partners for last-mile delivery on custom-made rental plans, a statement said on Monday. Once deployed, these e-scooters have the potential of serving three-lakh green deliveries every day by 2026, Yulu said in a statement. According to the company, rising fuel prices and financial challenges are significant barriers for youth who want to onboard themselves as delivery partners. Yulu said it provides flexible rental packs and allows delivery partners to earn higher earnings compared to ICE-powered vehicles. With Yulu's deep understanding of the delivery ecosystem, purpose-built product DeX, robust operations and a wide network of battery swapping stations, our solutions can improve earnings of delivery partners by up to 40 per cent, said Pradeep Puranam, head of revenue and operations at Yulu. Yulu said

Yulu ties up with Zomato to provide e-scooter for food deliveries
Updated On : 03 Apr 2023 | 7:23 PM IST

"I am still in the game", Rishabh Pant says in new Zomato ad promoting ZPL

Pant has been sidelined from the upcoming season of IPL due following his car accident in December 2022 in which he sustained several injuries

"I am still in the game", Rishabh Pant says in new Zomato ad promoting ZPL
Updated On : 30 Mar 2023 | 11:10 AM IST

SUN Mobility to power 50k e two-wheelers of Zomato's fleet over next 2 yrs

Electric vehicles energy infrastructure and services provider SUN Mobility on Monday said it has entered into a partnership with online food delivery platform Zomato to power 50,000 electric two-wheelers of the latter's fleet over the next two years. Under the partnership, SUN Mobility will provide its battery swap solutions for last-mile deliveries with the initial fleet deployment to start in the National Capital. Through this association, the last-mile delivery partners onboarded on Zomato's platform will benefit from convenient and cost-effective battery swapping solutions for their e-2Ws (electric two-wheelers), the company said in a statement. The association with Zomato is a significant step towards achieving SUN Mobility's goal to build a sustainable and environmentally friendly ecosystem, SUN Mobility CEO Anant Badjatya said in a statement. "By deploying 50,000 electric two-wheelers in Zomato's fleet, we are reducing our carbon footprint by 5,000 MT/month and contributing

SUN Mobility to power 50k e two-wheelers of Zomato's fleet over next 2 yrs
Updated On : 27 Mar 2023 | 10:13 PM IST

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

4 reasons why HSBC thinks Zomato is a great buy at the current levels
Updated On : 22 Mar 2023 | 9:31 PM IST

Motilal Oswal sees 17% upside potential for top-100 stocks by market-cap

Adani Ports, Hindalco among stocks with 100 per cent 'Buy' rating by analysts.

Motilal Oswal sees 17% upside potential for top-100 stocks by market-cap
Updated On : 10 Mar 2023 | 10:52 PM IST

Dealing with next-gen listings

Investors are starting to realise that new-age companies are a completely different animal

Dealing with next-gen listings
Updated On : 06 Mar 2023 | 10:16 PM IST

In a bid to rationalise costs, Swiggy sells cloud kitchen business

Swiggy started the Access platform between 2017 and 2019 with an investment of Rs 175 crore; announcements were made to infuse an additional 75 crore by March 2020, pandemic derailed expansion plans

In a bid to rationalise costs, Swiggy sells cloud kitchen business
Updated On : 03 Mar 2023 | 4:34 PM IST

Delhi bike taxi ban puts Swiggy and Zomato delivery partners in a fix

Although the order applies to taxi services only, companies claim their delivery partners have been unfairly targeted and issued challans by the police

Delhi bike taxi ban puts Swiggy and Zomato delivery partners in a fix
Updated On : 01 Mar 2023 | 7:31 PM IST

Swiggy, Zomato flag 'misinterpretation' of bike-taxi ban order by Delhi RTO

Food delivery apps Swiggy and Zomato have complained to the Delhi government against challans being issued to their two-wheeler riders in the name of a ban on bike taxi services in the national capital. The food delivery platforms have also sought clarification from the government on the directive while claiming that there has been misinterpretation of the notice as the ban is applicable on bike taxi service providers. Swiggy in a letter to the government has said that food delivery riders are being fined up to Rs 15,000 in the garb of the ban on bike taxi services. "The recent changes in regulations on bike taxi services in Delhi have caused confusion and disruption to food/quick commerce delivery aggregators. Our delivery executives are being wrongly issued challans despite the notification being applicable only to bike taxi service providers," a Swiggy spokesperson told PTI. He said some of the challans issued to delivery executives are in excess of Rs 15,000. "This has ...

Swiggy, Zomato flag 'misinterpretation' of bike-taxi ban order by Delhi RTO
Updated On : 01 Mar 2023 | 5:05 PM IST

Delivery boys being harassed in Delhi: Swiggy, Zomato raises concern

Online food delivery platform Swiggy said the recent changes in regulations on bike taxi services in Delhi have caused confusion and disruption to their services, creating panic among executives

Delivery boys being harassed in Delhi: Swiggy, Zomato raises concern
Updated On : 01 Mar 2023 | 2:36 PM IST

Zomato approaches restaurants to hike commission charges by 2-6%: Report

For the past two years, Zomato has been charging 18-25 per cent commission per order for deliveries

Zomato approaches restaurants to hike commission charges by 2-6%: Report
Updated On : 27 Feb 2023 | 10:12 AM IST

BPCL, Tata Motors lead upgrades race after Q3, Zomato, ABFRL downgraded

Oberoi Realty and ACC too see substantial increase in their earnings forecasts for the ongoing financial year

BPCL, Tata Motors lead upgrades race after Q3, Zomato, ABFRL downgraded
Updated On : 23 Feb 2023 | 11:39 PM IST

Eye on profitability, quick commerce firms turn into brand magnets

Attract advertisers to their platforms while also focusing on core business and scaling up

Eye on profitability, quick commerce firms turn into brand magnets
Updated On : 23 Feb 2023 | 4:35 PM IST

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 unveils new 'Everyday' offering for affordable home-cooked meals
Updated On : 22 Feb 2023 | 11:53 PM IST

Zomato launches home-style meal service 'Everyday' with home-chefs

Food delivery platform Zomato on Wednesday said it has launched 'Everyday', home-style meal service under which its food partners will collaborate with home-chefs. "Zomato Everyday will bring you closer to home by serving you meals that make you feel at home," company's Founder Deepinder Goyal said in a blog-post. "Our food partners collaborate with the home-chefs, who design each recipe with love and care to serve you home-styled, wholesome food at the best prices within minutes," he added. Goyal informed that Zomato Everyday is currently available in select areas of Gurugram only. "With fresh meals starting at only Rs 89, our customers can eat healthier and better daily," Goyal said.

Zomato launches home-style meal service 'Everyday' with home-chefs
Updated On : 22 Feb 2023 | 7:12 PM IST

Zomato launches home-style cooked meal delivery service, starts at Rs 89

Online food delivery platform Zomato on Wednesday said it will deliver fresh homely meals crafted with real home chefs at affordable prices

Zomato launches home-style cooked meal delivery service, starts at Rs 89
Updated On : 22 Feb 2023 | 1:11 PM IST