Eternal, which operates Zomato, has raised its platform fee to ₹15. Elara said that the platform fee hike is in line with its guidance of achieving adjusted Ebitda in the range of 5-6 per cent by FY28
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Zomato raises platform fee to Rs 14.90 from Rs 12.50, aligning closer to rivals amid rising operational costs and pressure from supply disruptions in West Asia
Emkay Global warns of a 10-per cent downside in Nifty as Iran war volatility keeps crude oil above $100 per barrel. It has picked HDFC Bank, Eternal, and Max Healthcare as top stocks to buy now.
JM Financial maintained its forecast of about 18 per cent Y-o-Y NOV growth for Zomato in the Q4FY26, which would mark the strongest expansion in the past seven quarters
Though Zomato and Swiggy are not witnessing any fall in volumes; however, they may see short-term demand pressure from LPG-dependent restaurants, analysts cautioned
LPG supply disruption could slow Zomato and Swiggy order volumes as restaurants cut operations. Motilal Oswal expects a temporary impact on food delivery growth
QSR and food delivery stocks, including Jubilant FoodWorks, Devyani International & Eternal fell as LPG shortage forced restaurants and hotels to shut kitchens across cities like Mumbai and Bengaluru
Analysts at BNP Paribas said Eternal and Swiggy shares are attractive after the correction, projecting strong upside in stocks, as AI disruption and competition risks appear overstated
The Tata Group, Reliance Industries, Larsen & Toubro, and Eternal announced partnerships and pledged investments in artificial intelligence adoptions and growth during the AI Impact Summit in New Delh
Delhi Police has registered a case against instant delivery app, Blinkit, for allegedly selling illegal knives, an official said on Wednesday. Police recovered 50 knives that were available for sale on the platform that violated government notifications regulating blade size and specifications. Objects up to a maximum blade length of 7.62 cm and a width of 1.72 cm are allowed as per the rules; anything more than that is illegal. No immediate reaction was available from Blinkit on the matter. A case was registered on February 14 under relevant sections of the Arms Act after police found that certain knives were being sold through an online platform that violated prescribed specifications. During scrutiny of online platforms, police found that a 'Stanley knife' could be ordered through the delivery app. As part of the verification process, the police placed an order and examined the knife after delivery. The knife was found to be manually foldable and exceeded the permissible ...
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Food delivery firm on Tuesday said it has expanded strategic collaboration with OpenAI to enhance artificial intelligence (AI) capabilities across its businesses, including Zomato, Blinkit, District and Hyperpure, along with its partner platforms and internal systems. The collaboration, which also covers Eternal's Feeding India initiative and AI-native venture - Nugget, will focus on AI deployments across Eternal's apps, and underscores the growing role of AI in India's digital commerce sector. Eternal will also work with OpenAI's Enterprise API platform to explore new ways customers and partners interact with its platforms, deploy advanced AI tools within partner applications and integrate advanced coding models into its in-house AI orchestration platform, it said in a statement. Eternal is strengthening AI infrastructure across its consumer and enterprise platforms, building AI as foundational infrastructure across its commerce ecosystem. "Through this collaboration, the company
Delivery platform stocks Eternal and Swiggy are showing a positive trend after 4 months. Kunal Shah, technical analyst at Mirae Asset Sharekhan helps decode trading strategies in these 2 stocks.
However, in the past six months, Swiggy (down 13 per cent) and Eternal (down 1 per cent) have underperformed the Sensex (up 5 per cent), amid concerns regarding increased competition
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The AI-enabled hotline converts Zomato's multi-step delivery partner onboarding into a WhatsApp-based process completed in under 30 minutes, with strong early response
The market price of Eternal hit an intra-day low of ₹250.40 on Tuesday and has tanked 32% from its 52-week high of ₹368.40 touched on October 16, 2025 amid concerns regarding increased competition.
Meanwhile, shares of the food delivery platform companies Swiggy and Eternal (formerly Zomato) were down 3 per cent and 2 per cent, respectively on Thursday.
Drumil Vithlani of Bonanza expects Eternal to consolidate in the existing trading range, as one of the key momentum oscillators indicates lack of directional trend for the stock.