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CCI finds Swiggy, Zomato guilty of breaching competition laws
The Competition Commission of India (CCI) has reportedly found food delivery majors Swiggy and Zomato guilty of violating competition laws through their partnerships with...
Zomato CEO Deepinder Goyal clarifies vendor’s mistake on ‘future packing date’
A few days after reports claimed that a food safety raid at Zomato's Hyperpure warehouse in Hyderabad found 90 packets of button mushrooms with...
Zomato now allows users to schedule orders up to ‘Two Days’ in advance
Zomato has introduced a new feature called 'order scheduling', enabling customers to book their deliveries a minimum of two hours to a maximum of...
Zomato stock gains 4.6%, ends day 2.9% higher on Q2 results
Zomato stock gains 4.6%, ends day 2.9% higher on Q2 resultsZomato shares jumped 4.6% to INR 268 on the BSE on Wednesday, October 23,...
As competition heats up in quick commerce, Blinkit scraps ‘zero notice period’ policy
As competition heats up in the quick commerce sector and the fight for talent becomes increasingly fierce, Zomato-owned Blinkit has reportedly updated its employment...
Zomato set to relaunch logistics service ‘Xtreme’ with revised strategy
Months after discontinuing its logistics service 'Xtreme' due to weak demand, foodtech giant Zomato is now reportedly set to overhaul the offering and launch...
Zomato’s independent director Gunjan Soni resigns from board
Foodtech giant Zomato's independent director Gunjan Soni has stepped down from the company's board due to "increased work commitments."In͏͏ a͏͏ BSE͏͏ filing,͏͏ the͏͏ company͏͏...
Zomato-owned Blinkit to launch ‘Cafe’ for quick snack deliveries
In a bid to expand beyond the grocery segment, Zomato-owned Blinkit is set to launch a cafe feature for delivering snacks and beverages.Rapid͏͏ Deliveries͏͏...
Zomato allocates INR 330 Cr in stock options to employees through ESOPs
Foodtech giant Zomato has granted approximately 12 million stock options through its employee stock option plans (ESOPs). In͏͏ an͏͏ official͏͏ filing͏͏ dated͏͏ October͏͏ 2,͏͏...
Zomato shares surge 4% as HSBC raises PT to INR 330
Zomato shares surged over 4% in early trading today after brokerage HSBC reaffirmed its 'buy' rating, citing the company's lead over Swiggy in growth...
Reliance Retail targets quick commerce market with JioMart, taking on Blinkit and Swiggy Instamart
Reliance Retail is making moves to enter the rapidly growing quick commerce sector, intensifying competition against Zomato's Blinkit, Swiggy Instamart, and BigBasket. The͏͏ nation's͏͏...
Blinkit introduces new option for businesses to add GSTIN dring purchases
Zomato-owned Blinkit has launched a new feature enabling businesses to add their goods and services tax identification number (GSTIN) when making purchases on the...