NSE F&O inclusion: Zomato, Jio Financial likely to enter Nifty50
The inclusion of Zomato and Jio Financial Services in the Nifty50 would lead to fund inflows of $607 million and $372 million, respectively.
zomato company
November 2024
October 2024
Swiggy shares extend gain; surge 25% in two days
The foodtech stock gained 7.3% to hit a high of ₹489.25 on second day, after ending 16.9% higher at ₹455.95 on listing day.
"It’s giving Jai-Veeru": Swiggy on Zomato shout-out
Swiggy and Zomato are known for their playful social media banter which generate massive buzz on the Internet.
Zomato rival Swiggy shares list at 8% premium
Swiggy shares listed at ₹420 on the NSE, a premium of 7.7% over the issue price of ₹390 apiece.
India Inc On An Ad-renaline Rush!
As firms bet big on brand visibility, cumulative advertising and publicity spend of BSE 500 companies hit ₹80,000 crore.
Founders realise need for profitable businesses: Peak XV’s Sethi
Emphasising the impact of rising capital costs on profitability and efficiency, Harshjit Sethi, managing director at Peak XV Partners, offers insights into India’s shifting startup landscape.
Loss-making Swiggy’s ₹11,327 cr IPO ‘overvalued’: Brokerages
Brokerages remained skeptical about Swiggy’s negative bottomline and cash flows; and intense competition from rivals Zomato, Zepto, and others.
Zomato Hyperpure warehouse raid: Vendor error caused issue, clarifies Goyal
Zomato CEO Deepinder Goyal clarified concerns about a recent raid at its Hyperpure warehouse in Hyderabad, where items with 'future date of packing' were found
Swiggy to raise ₹11,300 cr at price band of ₹371-390; IPO to open on Nov 6
The IPO is a mixture of a fresh issue of shares worth ₹4,500 crore and an offer for sale of ₹6,800 crore by existing shareholders.
Zomato hikes platform fee to ₹10
The food delivery platform clarified that the fee hike applies to select cities
