Page 15 - Zomato

JioCinema to release 'world's first angel investment show', Indian Angels

OTT platform JioCinema is set to release another investment show named 'Indian Angels'. The show will increase competition into a space currently dominated nationwide by hit show Shark Tank India

Discounts, cashbacks galore: AU Small Finance Bank unveils festival offers

For Dhanteras, customers can get 5% Cashback on Jewelry purchases using AU Credit Card.

Zomato has nothing to do with helmet-less woman biking viral video: CEO

Zomato Managing Director & CEO Deepinder Goyal on Tuesday clarified that the company has "absolutely nothing to do" with a viral video in which a woman is seen riding a motorcycle without helmet dressed as a delivery partner of the online food delivery firm in Indore. In a post on X, Goyal said, "Hey! We had absolutely nothing to do with this. We don't endorse helmet-less biking. Also, we don't have a 'Indore Marketing Head'." He was responding to a post by an user of X, who posted a video of a woman dressed as a delivery partner of Zomato riding a high-end motorcycle carrying the company's delivery bag. "Indore #Zomato marketing head had this idea. He hired a model to drive around with an empty zomato bag for one hour in the morning and one hour in the evening. @zomato is on a roll...," posted the X user with handle @rajivmehta19. The video had gone viral with over 15 lakh views. Goyal in his response added, "This seems to be someone just "free-riding" on our brand. Having said

Zomato, McDonald's fined Rs 1 lakh for delivering non-veg in place of veg

Online food ordering and delivery platform Zomato on Friday said a penalty of Rs 1 lakh has been imposed on it and restaurant partner McDonald's by the District Consumer Dispute Redressal Forum, Jodhpur, for alleged wrongful delivery of non-vegetarian food in place of a vegetarian food order. The company is in the process of filing an appeal against the order, Zomato said in a regulatory filing. The District Consumer Dispute Redressal Forum (II) Jodhpur has imposed a monetary penalty of Rs 1 lakh for violation of Consumer Protection Act, 2019 on Zomato and McDonald's, the restaurant partner whose food was delivered through it, and awarded Rs 5,000 as cost of litigation, it said. "Both monetary penalty and cost of litigation are to be borne jointly and severally by Zomato and McDonald's," it added. Further, Zomato said it "is in the process of filing an appeal against the said order and based on the advice from its external counsels, Zomato believes it has a good case on merits." "

Zomato launches intra-city 'Xtreme' logistics service for merchants

As is the case with Zomato's food delivery service, merchants will be able to livetrack their shipments

Higher profitability estimates likely to drive more gains for Zomato

Factoring in better demand for delivery, FY24 overall might have growth estimates for 18 per cent

Zomato soars 4% on heavy volumes, market-cap nears Rs 1 trillion mark

Analysts at Kotak Securities believe Zomato's YoY GMV growth bottomed out in Q1FY24 at 14 per cent YoY and should witness improving performance Q2FY24 onward.

Blinkit to deliver iPhone 15 and iPhone 15 plus within 15 minutes

The company has roped in Apple premium reseller Unicorn to deliver the devices, which are available to customers in Delhi NCR, Mumbai, Pune and Bangalore

Blinkit partners with Unicorn APR to deliver iPhone 15, iPhone 15 Plus

Quick commerce firm Blinkit on Friday said it has partnered with Apple Premium Reseller Unicorn to deliver iPhone 15 and iPhone 15 Plus to customers within 10 minutes of placing orders. The facility will be available in Delhi-NCR, Mumbai, Pune, and Bengaluru, the company said. "We are thrilled to partner with Unicorn APR this year as well to deliver iPhone 15 within minutes... we are certain this will lead to pure joy for our customers who appreciate the convenience of getting highly anticipated products delivered to their doorstep, almost instantly," Blinkit Co-Founder and CEO Albinder Dhindsa said in the statement. Dhindsa in a social media post said Blinkit can deliver iPhones to customers within 10 minutes. "Apple iPhone 15 and iPhone 15 Plus are now live on the Blinkit platform across Delhi-NCR, Mumbai, Pune, and Bengaluru," the statement said. Apple on Friday started selling the new models, which comes in the price range of Rs 79,900 to Rs 1,99,900 apiece. Blinkit had partn

Now, customers can tip kitchen staff through Zomato: Details here

Zomato that the new feature will allow customers to "seamlessly express gratitude for their food deliveries, an option that was limited to traditional dining-in experience

TMS Ep523: Car airbags, Nirmala Sitharaman, Zomato stock, Google antitrust

Has cost trumped safety for car airbags? What are three key takeaways from FM's interview with BS? Time to add Zomato stock to your portfolio? What's the US vs Google antitrust trial? Answers here

Expecting high demand, QSRs, retail companies expand their workforce

Reliance Retail (RR), the country's largest retailer, added the most number of employees at about 60,000 in FY23

Zomato stock rally may show signs of exhaustion from here on: Analysts

This is because the stock price of Zomato is factoring in all the positives, including earnings growth

Nothing Phone (2) software update brings new features, widget, and more

The Nothing OS 2.0.3 firmware update will have new UI elements, pocket mode, a new compass widget, and Zomato app integration in Glyph interface

Zomato launches AI chatbot for seamless food ordering for 'Gold' customers

Zomato claims that the chatbot can handle a range of user queries

Softbank sells 1.16% stake in Zomato, Navi MF files papers with Sebi

Navi Mutual Fund may soon join other peers in launching a balanced advantage fund

Zomato gains 5% after 100 mn shares change hands via block deal

As many as 100 million shares representing 1.2% of total equity of Zomato worth of Rs 947 crore changed hands on the National Stock Exchange.

Stocks to Watch, Aug 30: Zee Ent, Zomato, Suzlon, Lupin, Airtel, Unichem

Stocks to Watch today, August 30, 2023: Billionaire Sunil Mittal's backed telecom services provider Airtel Uganda Ltd plans to raise $216 million in an initial public offering (IPO)

Tiger Global, DST Global sell 1.8% stake in Zomato for Rs 1,412 cr

Tiger Global and billionaire Yuri Milner's DST Global on Monday sold a 1.8 per cent stake in online food ordering platform Zomato for Rs 1,412 crore through open market transactions. Axis Mutual Fund, SBI Life Insurance Company, ICICI Prudential Life Insurance Company, Founders Collective Fund, Morgan Stanley Asia Singapore and Societe Generale, among others were the buyers of the shares of Zomato. Tiger Global through its affiliate Internet Fund III Pte and DST Global through its investment vehicle Apolleto Asia Ltd offloaded the shares on BSE and NSE. According to the bulk and block deal data available with the two exchanges, Tiger Global offloaded a total of 12,34,86,408 shares on BSE, amounting to a 1.44 per cent stake while Apoletto Asia disposed of 3,19,80,447 shares or around 0.4 per cent shareholding in Zomato. The shares were sold in the range of Rs 90.10-91.01 apiece, taking the combined transaction value to Rs 1,411.99 crore. On Monday, shares of Zomato rose 1.53 per ce

Zomato gains 6% after over 55 mn shares change hands via block deals

At 09:15 AM; on the NSE around 31.98 million shares representing 0.39% of total equity of Zomato, while on the BSE, around 26.5 million shares or 0.31% stake of the company changed hands.