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Stocks To Watch On August 29: Benchmark Nifty rose marginally to hit a fresh lifetime high of 25,052 and Sensex gained over 70 points on Wednesday. In today’s trade, shares of RIL, IndiGo, PB Fintech, Vedanta, Tata Steel among others will be in focus due to various news developments. Reliance Industries: The Competition Commission of…
Stocks To Watch On August 23: Domestic markets ended slightly higher in a lackluster session on Thursday, pausing after the recent rally. In today’s trade, shares of Ambuja Cements, Nykaa, Adani Power, Bharti Airtel, and Wipro among others will be in focus due to various news developments. FSN E-Commerce Ventures (Nykaa): Harindarpal Singh Banga, a…
New Delhi: Zomato is expanding its horizons by acquiring Paytm’s entertainment ticketing business for Rs 2,048 crore, a deal announced on Wednesday, August 21. This strategic move will help Zomato strengthen its position in the “going-out” sector. Meanwhile, Paytm which is facing challenges will now focus more on its core financial services. Both of these…
New Delhi: Antfin Singapore Holding on Tuesday divested a little over 2 per cent stake in online food delivery firm Zomato for Rs 4,771 crore through open market transactions. Antfin Singapore Holding Pte is an arm of Ant Financial Group, while the latter is a part of Chinese e-commerce giant Alibaba. According to the bulk…
New Delhi: Shares of online food delivery app Zomato hit an all-time high on Monday after foreign brokerage UBS remained positive about the company and raised its target price for the stock by Rs 60 to Rs 320. At 1.39 pm zomato shares were trading at Rs 267 apiece, up Rs 2.50 or 0.95 percent. Zomato’s…
Zomato CEO shared a real and an AI image of a burger New Delhi: After several customers complained about artificial intelligence- (AI) generated food and dish images on Zomato, CEO Deepinder Goyal on Sunday announced plans to remove such pictures from the platform. The AI images of dishes on the food delivery giant were intended…
New Delhi: For some, coffee is a simple pleasure but for Mishquat from Mumbai it’s a true passion. Her daily ritual of ordering cinnamon coffee from starbucks through Zomato has become a delightful habit. Her love for coffee led her to spend Rs 9.4 lakhs on her orders. Zomato noticed her incredible devotion and decided…
New Delhi: Food delivery aggregator Zomato, which began charging platform fee on orders from last August, collected Rs 83 crore through the new levy till March, the company’s annual report has revealed. Platform fee has been cited as one of the three key factors driving Zomato’s Adjusted Revenue, which grew 27 per cent year-on-year to…
Stocks To Watch On August 1: Markets remained range-bound for the third successive session on Wednesday, finally gaining nearly half a percent. In today’s trade, shares of ITC, Tata Motors, Zomato, Adani Enterprises, Infosys among others will be in focus due to quarterly results and various news developments. Here is a list of stocks to…
Getting food delivered at home has become an everyday scenario for many people, with instant food delivery made accessible and a wide variety of restaurants available at our fingertips. However, despite the convenience, some people often report food mix-up errors and voice their concerns on social media. One such complaint was recently posted on X…