Page 17 - Zomato

Sebi ruling on DVR cheers startups, but can it stop international listings?

Sebi has said that promoters/founders who have net worth of Rs 1,000 crore can now have superior voting rights

Food aggregators see spike in number of user complaints: LocalCircles

Most complaints were about hygiene and quality. LocalCircles users complained of having received stale, expired or poorly packaged food when they ordered on aggregators' apps

GST Council extends concessions on certain Covid drugs till Dec 31: FM

The all-powerful GST Council on Friday extended concessional tax rates on certain Covid-19 drugs by three months till December 31

Global rout sends Sensex 525 pts lower; metal index tumbles 7%, PSU bank 4%

Only six of 30 Sensex stocks ended in the green, mainly from the FMCG and financial space

Gupta's exit doesn't warrant disclosure under listing regulations: Zomato

Online food delivery platform Zomato on Saturday said it did not disclose the exit of its co-founder Gaurav Gupta to the bourses

'The brightest person in the room': Meet Gaurav Gupta, co-founder, Zomato

Gupta, an Indian Institute of Technology and Indian Institute of Management graduate, worked at A T Kearney before joining Zomato

Sensex ends above 59K, up 418 points; Nifty tops 17,600; ITC rallies 7%

RIL, ITC and bank stocks contributed to the gains on benchmarks while metals and IT names languished

Stocks to watch: Hindustan Copper, Zomato, Wipro, HG Infra, telecom stocks

CEAT shareholders approved the issuance of NCDs up to Rs 500 crore on a private placement basis

Top headlines: Food startups brace for GST menu; Apple unveils new range

Business Standard brings the top headlines of the day

Zomato co-founder and head of supply Gaurav Gupta quits

Gupta was the chief operating officer in 2019 when Zomato named his as a co-founder

Top headlines: Aug exports rise 46%; US consumer price growth cools

Business Standard brings you the top headlines on Tuesday

Zomato shares turn volatile, end flat after co-founder Gaurav Gupta quits

The stock nose-dived into red, down almost 11 per cent from the intra-day high post the news break, and thereafter turned volatile on alternate bouts of buying and selling.

Sensex gyrates 370 pts, ends 127 pts down; Nifty holds 17,350; RIL dips 2%

However, healthy buying in the broader market kept overall market breadth in the favour of the buyers

Stocks to watch: RIL, Zomato, Infosys, Cosmo Films, IB Housing Finance

Dilip Buildcon's subsidiary Bangalore Malur Highways has received the financial closure from the National Highways Authority of India.

Zomato to shut down pilot grocery delivery service on Sept 17

Cites gaps in order fulfilment and the traction 15-minute grocery delivery has been getting in the recent past

Zomato to stop grocery deliveries from Sep 17 due to poor order fulfillment

The company also said that it believes that its investment in Grofers will generate better outcomes for its shareholders than in-house grocery efforts

Swiggy sets up development centre in Gurgaon, home turf of rival Zomato

The centre in Gurgaon will focus on building platforms and applications that will improve the overall experience of Swiggy's more than 150,000 restaurant partners across 500 cities and towns in India

Zomato hits new high of Rs 150, zooms 98% over issue price of Rs 76

A sharp rally in stock price helped Zomato surpass personal products companies like Godrej Consumer Products and Dabur India in overall market capitalisation ranking

August best month for IPOs in 4 years, Rs 18,000 cr mopped up from 8 offers

Investment bankers say pipeline for rest of the year also looks strong. Aditya Birla MF, Go Airlines and Vijaya Diagnostic likely to launch offerings in Sept

Zomato share price falls 8% as lock-in period for anchor investors end

The shares ended the session at Rs 127 apiece on the S&P BSE Sensex on a day when the benchmark ended 226 points, or 0.41 per cent, higher