Stocks to Watch: Delta Corp, L&T Finance Holdings and PVR are the three stocks in F&O ban period on Tuesday.
Media reports say 10-minute biz struggling; company denies, says it is just being rebranded
After an entrepreneur complained in a LinkedIn post that a Zomato delivery agent the company's Founder and CEO Deepinder Goyal said he is "aware" of this fraud and is "working to plug the loopholes"
Market players said the selling could be because of fears around further sell-downs by existing investors
Funds managed by Franklin Templeton bought at least 3.3 million shares of e-commerce logistics provider Delhivery Ltd. and more than 2 million shares of PB Fintech Ltd
CLOSING BELL: Broader markets, meanwhile, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices surged up to 0.2 per cent
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.
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Stocks to watch today: Maruti Suzuki India recorded a 16.5 per cent YoY decline in production volume for passenger vehicles in December 2022
His exit is the latest in a string of high-profile resignations in recent times
Online food delivery platform Zomato Ltd said its Co-founder and Chief Technology Officer Gunjan Patidar resigned from the post on Monday. Patidar was one of the first few employees of Zomato and built the core tech systems for the company, it said in a regulatory filing. "Over the last ten plus years, he also nurtured a stellar tech leadership team that is capable of taking on the mantle of leading the tech function going forward. His contribution to building Zomato has been invaluable," the company said. It, however, did not disclose reasons for his resignation. In November last year, another co-founder of the company, Mohit Gupta, had resigned. Gupta, who had joined Zomato four-and-half years back, was elevated to co-founder in 2020 from the position of CEO of its food delivery business. Zomato had witnessed some top level exits last year, including those of Rahul Ganjoo, who was head of new initiatives, and Siddharth Jhawar, the erstwhile vice-president and head of Intercity,
A resident of Jaipur generously tipped his delivery partner on Blinkit Rs 9,500, the highest of the year
Adani Wilmar, Venus Pipes & Tubes, Hariom Pipe Industries and Veranda Learning Solutions are the top multi-bagger debutants that delivered 109-135 per cent returns in 2022
The change in stance with respect to Zomato is a complete reversal from nearly a month ago (November 13), when the stock was a high-conviction 'buy' for Jefferies with a price target of Rs 100
The sector has fared well both on the fund raising front and on operational performance
Paytm, Policybazaar, Zomato, and Nykaa have been the worst hit, falling between 50.5 per cent and 60 per cent thus far in 2022
There are dozens of Google Chrome extensions that can help you take stock of how much you've spent
Widening losses: In November, Swiggy decided to shut down its cloud kitchen brand, The Bowl Company, in Delhi and the national capital region (NCR)
Camas Investments bought 98 million shares worth Rs 608 crore of Zomato via block deal on the NSE on Wednesday
FPIs bought shares worth Rs 9,010 crore on Wednesday, according to provisional data from exchanges