Food-delivery giant Zomato Ltd is facing a backlash on social media for its plans to roll out a 10-minute food service
Wipro will be in focus as the company's board will meet on March 25 to consider an interim dividend.
To pilot service in Gurugram next month
'Nobody in the world has so far delivered hot and fresh food in under 10 minutes at scale, and we were eager to be the first to create this category, globally,' says Deepinder Goyal
Online food-delivery platform Zomato is set to take over Blinkit -- which pioneered the 10-minute grocery delivery as Grofers. And it's a win-win deal for both. Find out more about the proposed merger
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The board of Zomato also approved acquisition of 16.66 per cent equity in Mukunda Foods for a consideration of $5 million.
Auto stocks too could be in limelight as the government shortlisted 75 firms under its PLI scheme for the sector.
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Sources say what is under discussion is a share-swap deal in which Blinkit would be valued at around $750-800 million
The board approved acquisition of 16.66 per cent take in food robotics and automation firm, Mukunda Foods Pvt Ltd
The three resolutions pertaining to ESOPs put to vote by the digital payments firm got over two-third 'against' votes from institutional investors
Tech start-ups do not reveal important numbers to back their narratives of consumer flywheels and unrelenting growth
Despite the likelihood of an aggressive rate hike by the US Federal Reserve (US Fed), a correction in equity markets, analysts expect the primary market action to stay on track, albeit a minor hiccup
Investors sour on new tech offerings after calamitous listing of Paytm and the battering received by Zomato, Nykaa.
In the past three trading days, the stock of the food delivery company has declined 20 per cent after it reported disappointing set of numbers for December quarter
Mumbai-based Rebel Foods, and India's master franchise for US fast-food giant, Wendy's, have reached a new milestone with opening 28 new locations in 9 new Indian cities.
The S&P BSE IPO index slipped 3.4% in intra-day trade, and has corrected 23% from its record high level
Brokerage and financial firm JM Financial Institutional Securities has given a 'buy' call for Hindalco Industries, Mahindra & Mahindra, Zomato, Bharat Forge, Prestige Estates, and Gujarat State Petronet.
Zomato's long-term growth story remains intact as it is a play on the growing food services industry in India as well as increasing adoption of digital commerce