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Mrs. Bectors Food Speciality announces Arnav Jain as new CFO
Mrs. Bectors Food Speciality has appointed Arnav Jain as its Chief Financial Officer, following the company's board meeting on September 4.“As recommended by the...
Brown-Forman faces tough quarter with higher input costs and lower whiskey demand
Brown-Forman, the maker of Jack Daniel's, experienced a quarterly earnings disappointment on Wednesday. This was primarily due to elevated input costs and lackluster demand...
Zomato shares maintain momentum, gain 1% following SVF block deal
Shares of the foodtech giant Zomato extended their 5% rally from the prior day as the morning trade on Thursday (August 31) saw a...
After INR 100 Crore profit, SoftBank eyes full exit from Zomato
Japanese investor SoftBank is preparing to divest its entire holdings in the foodtech giant Zomato over the upcoming months, utilizing open market transactions. This...
Zomato’s stock surges 5% amidst block deal frenzy, reaches INR 99.50 on BSE
Zomato saw its stock price surge by over 5% during early trading on Wednesday, driven by a block deal linked to the foodtech giant....
SoftBank to divest 1.17% stake in Zomato, expects minimum of INR 940 Crores in transaction
SoftBank, a prominent technology investor from Japan, is preparing to divest a 1.17% ownership share in the Indian foodtech leader Zomato, with the transaction...
Tiger Global exits Zomato, sells 12.24 Cr shares for INR 1,123 Cr in open market transaction
Investment firm Tiger Global made its exit from the foodtech giant Zomato on Monday, selling 12.24 crore shares through open market transactions. This sale...
Zomato shares surge by 6% in response to high trading activity and platform fees
Zomato's stock experienced a remarkable uptick of up to 6 percent in the initial trading hours on Monday. This surge was propelled by substantial...
Zomato faces 4% share drop as speculation grows on SoftBank’s stake sale
According to a report from CNBC-TV18, sources have indicated that Zomato's shares experienced a decline of approximately 4 percent on Friday. This drop was...
Patanjali Foods faces double whammy: Q1 profits plummet 64% YoY, shares dip 5%
Patanjali Foods witnessed a significant decline of almost 5%, with its shares falling to INR 1,232 during Monday's trading session on the BSE. This...
Zomato shares surge 8% and cross INR 100 milestone after Q1 FY24 profitability; stock reaches fresh 52-week high at INR 102.8
In Monday's BSE trading session, Zomato, the food delivery platform, experienced a notable surge, with its shares rallying 8% and surpassing the INR 100...
Zomato’s profitable quarter ignites bullish outlook; brokerages raise target prices
Shares of Zomato Ltd witnessed a wave of upward revisions in target prices from multiple brokerages as the company achieved profitability for the first...