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Wednesday, October 23, 2024

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Swiggy attracts celebrity investors: Rahul Dravid, Karan Johar & others invest in pre-IPO round

Food Tech
Cricketers Rahul Dravid and Zaheer Khan, tennis star Rohan Bopanna, director Karan Johar, and actor-entrepreneur Ashish Chowdhry are the latest celebrities backing foodtech giant...

BookMyShow, Zomato file legal complaints against ticket reselling platforms as Coldplay and Diljit Dosanjh concerts face scalping issues

News
Online ticketing giant BookMyShow has lodged a police complaint regarding the resale of tickets for its exclusive concert, ‘Coldplay: Music Of The Spheres World...

Swiggy gets SEBI nod for IPO, eyes November listing

Food Tech
Foodtech giant Swiggy has received approval from the Securities and Exchange Board of India (SEBI) for its initial public offering. Following͏͏ the͏͏ approval,͏͏ the͏͏ startup͏͏...

Zomato shares soar to all-time high of INR 298.05 amid broader market rally

Food Tech
Foodtech giant Zomato's shares continued͏͏ their͏͏ four-day͏͏ winning͏͏ streak,͏͏ rising͏͏ over͏͏ 2%͏͏ in͏͏ early͏͏ trading͏͏ on͏͏ September͏͏ 23͏͏ to͏͏ reach͏͏ a͏͏ new͏͏ all-time͏͏ high͏͏...

Zomato shares hit all-time High of INR 290.50 amid broader market rally

Food Tech
Foodtech giant Zomato's shares surged͏͏ to͏͏ a͏͏ new͏͏ all-time͏͏ high͏͏ of͏͏ INR͏͏ 290.50͏͏ apiece͏͏ on͏͏ the͏͏ BSE͏͏ today͏͏ (September͏͏ 20),͏͏ propelled͏͏ by͏͏ a͏͏ broader͏͏...

Ordering via food delivery aggregators costs INR 9,000-11,000 Cr annually: Report

Aggregators & Distribution
Ordering food through delivery aggregators ͏a͏dd͏͏s͏ ͏͏an ͏est͏im͏a͏͏t͏e͏d͏ I͏N͏͏R 9͏͏͏͏,͏000-͏1͏1,0͏00͏͏ c͏r͏o͏re in͏ e͏xtr͏a͏ co͏͏͏st͏s ͏͏a͏n͏n͏u͏ally ͏͏o͏͏n͏ aver͏age͏͏, a͏ccor͏d͏͏͏ing ͏t͏͏o ͏͏a ne͏w re͏͏͏port o͏n t͏he...

Zomato faces fresh GST demand of INR 17.70 Crore from West Bengal authorities

Food Tech
Foodtech giant Zomato continues to struggle with tax issues, with West Bengal GST authorities now levying a fresh GST demand and penalty of over...

Swiggy likely to have lower public market valuation than Zomato: Elara Capital

Food Tech
Brokerage firm Elara Capital anticipates that Swiggy will have a lower valuation than its competitor Zomato when it goes public. This expectation arises from...

Zomato bans AI-generated images from restaurant menus to curb misleading ads

Food Tech
Foodtech giant Zomato has prohibited the use of AI-generated images on its restaurant partners' menus and marketing materials to curb misleading advertisements. Effective Monday (September...

Zomato to settle INR 9.85 Cr GST case with West Bengal authorities

Food Tech
Already dealing with numerous GST notices, foodtech giant Zomato has opted to resolve a case with West Bengal GST authorities by paying INR 9.85...

Zomato expands partnership with IRCTC, now delivers food to train passengers at 100+ stations

LATEST
Foodtech giant Zomato has expanded its partnership with the Indian Railway Catering and Tourism Corporation (IRCTC), now providing food delivery to train passengers at...

Zomato shares reach all-time high of INR 285.95 amid broader market rally

Food Tech
Shares of foodtech giant Zomato hit a new all-time high of INR 285.95 on the BSE on Thursday (September 12), buoyed by a broader...
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