Swiggy shares crash 17% to 52-week low after Q2 loss
Swiggy shares plunged over 17 per cent on Friday, 23 October, hitting a 52-week low of Rs 174.90 on the BSE, a day after the company reported a consolidated net loss of…
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Eternal swaps Adonmo stake for 4.4% in merged Mygate entity
Eternal, the parent company of Zomato and Blinkit, has approved a share-swap deal transferring its entire stake in digital advertising firm Adonmo to Mygate’s parent Vivish Technologies. In exchange, Eternal will receive…
Blinkit leads quick commerce with 34% national dark store share
Blinkit now commands over 34% of India's quick commerce dark stores nationally and nearly 30% in the top 10 cities, according to a CLSA report. The Zomato-owned player has an exclusive presence…
Zomato tests food vending machines for rapid delivery in Gurugram
Zomato has launched a pilot called 'Zomato Now', installing food vending machines at corporate offices in Gurugram in partnership with restaurant brands. The initiative aims to place food closer to consumers for…
Citi picks Eternal, Info Edge among top new-age stocks
Citi has named Eternal Ltd and Info Edge among its top bets in the new-age stock segment, signalling confidence in the quick commerce and internet sectors. The brokerage's picks come amid market…
Bernstein Sets Fresh Targets For Adani Ports, Eternal And Paytm
Global brokerage Bernstein has set fresh price targets of Rs 1,973 for Adani Ports, Rs 350 for Eternal and Rs 2,200 for Paytm.
Shiprocket IPO draws nearly 100 times subscription before listing
Shiprocket’s Rs 1,617 crore initial public offering received bids for 938.51 crore shares against 9.44 crore shares on offer, according to Medianama. The issue was priced at Rs 92 to Rs 97…
Shiprocket IPO subscribed 99.3 times, GMP signals 38% listing gain
Shiprocket's initial public offering ended its three-day subscription process on a blockbuster note, receiving bids for 937 crore shares against 9.44 crore shares on offer, a subscription of 99.31 times, as per…
Eternal spins out Nugget AI, one deal per week
Eternal, the parent company of Zomato and Blinkit, has spun out its enterprise AI platform Nugget into a separate legal entity via a slump sale for Rs 35 crore. Nugget, launched 18…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.