MFs buy equities worth ₹35,600 cr in Aug; Zomato, TCS, Trent, Maruti among top picks
The highest-selling by mutual funds was observed in HDFC Bank, RIL, Apollo Hospitals and Infosys shares.
zomato company
September 2024
August 2024
July 2024
June 2024
Tech Start-ups Come Of Age
Market lauds new-age firms’ role in the country’s digital transformation, boosting promoter wealth.
Zomato shuts down intercity food delivery service ‘Legends’
Zomato shuts down 'Legends' after two years of trying and not finding a product market fit, says Deepinder Goyal.
Paytm shares surge 5% after ₹2,048-cr deal with Zomato
Acquisition of Paytm's movie and events ticketing business will allow Zomato to expand in 'going-out' segment, while Paytm to shift focus on core financial services
Zomato to acquire Paytm's entertainment ticketing arm for ₹2,048 cr
As part of the deal, Paytm will transfer its ticketing businesses, TicketNew and Insider, along with 280 existing employees, to Zomato.
Zomato shares slide 2% amid block deal; Antfin Singapore likely seller
As many as 20.14 crore shares, representing around 2.2% stake in the restaurant aggregator, were sold in the block deal at a floor price of ₹258 apiece.
Zomato shares zoom 19% to all-time high
Zomato’s quick commerce unit Blinkit plans to increase its stores to 2,000 by the end of 2026.
Zomato founder-CEO Deepinder Goyal joins billionaire’s club as stock hits lifetime high
Share surges as food-tech company reportedly raises platform fee to ₹6 per order in metro cities; Zomato rival Swiggy also follows suit
Zomato exits lending business, withdraws NBFC application
The company said that this decision would not have a significant impact on its revenue or operations.
'Faster than Swiggy': Zomato stock surges as brokerage cheers growth numbers
Brokerage major CLSA has a ‘BUY’ call on the stock, with a price target of ₹248, an upside potential of 28% from the current levels
