Zomato
Food Service
Zomato is now Eternal, MCA approves name change
PTI -
The brand name of the company's food delivery business Zomato will remain the same, along with the appNew Delhi: Food and grocery delivery major Zomato on Thursday said it has received the Corporate Affairs Ministry's approval regarding its name...
E-Commerce
Zomato may face insolvency plea before NCLT
PTI -
Nona Lifestyle Pvt Ltd, an operational creditor, has moved NCLT requesting to restore an insolvency plea filed by it earlier against Zomato LtdNew Delhi: Food delivery aggregator Zomato may face an insolvency plea as one of its operational creditors...
E-Commerce
Zomato shareholders approve name change to Eternal
PTI -
The brand name of the company's food delivery business Zomato will remain the same, along with the appNew Delhi:Â The shareholders of Zomato have approved a special resolution to rename the firm 'Eternal', the company informed in a stock exchange...
E-Commerce
Zepto’s Palicha calls out Zomato’s Goyal for comment on Zepto burning Rs 2,500 cr every quarter
PTI -
Palicha called Goyal's comments that Zepto was burning Rs 2,500 crore every quarter as "verifiably untrue", saying public filing of financial statements will disprove the assertionNew Delhi: Zepto CEO Aadit Palicha on Tuesday called Zomato founder Deepinder Goyal's comments...
Food & Beverage
Bites n Grill targets Rs 100 cr revenue by FY30, set to open 10 new outlets in Mumbai
Alongside physical expansion, the brand is strengthening its digital presence by investing in food delivery platforms and cloud kitchens
New Delhi: Mumbai-based QSR brand Bites n Grill is aiming to achieve a revenue milestone of Rs 100 crore in FY25...
Research
‘The Big Bite: Scaling Success in India’s Food Services’ by Redseer
The report provides an in-depth analysis of the evolving landscape of India's food service industry, exploring key trends, market dynamics, and growth opportunities shaping the sector‘The Big Bite: Scaling Success in India’s Food Services’ report by Redseer Strategy Consultants...
E-Commerce
Zomato board approves company’s name change to Eternal
PTI -
Zomato Founder and CEO Deepinder Goyal said that Eternal will comprise four major businesses as of now -- Zomato, Blinkit, District, and Hyperpure.New Delhi: Food and grocery delivery major Zomato has changed its name to Eternal, with the company's...
E-Commerce
Zomato stock tumbles 11% after earnings announcement
PTI -
In volume terms, 30.82 crore equity shares of Zomato traded on the NSE and 1.76 crore shares exchanged hands on the BSE during the dayNew Delhi: Shares of food tech firm Zomato tumbled 11 per cent on Tuesday after...
Latest News
Zomato Q3 profit declines 57.2 pc to Rs 59 cr
PTI -
The company had earned a net profit of Rs 138 crore in the year-ago periodNew Delhi: Food tech unicorn Zomato on Monday reported a 57.2% drop in consolidated net profit for the December quarter to Rs 59 crore, with...
E-Commerce
FHRAI raises concerns over Zomato, Swiggy’s “private label” food delivery foray
PTI -
According to FHRAI, Zomato and Swiggy are now using their market dominance to directly compete with the very businesses they were meant to supportNew Delhi: The Federation of Hotel & Restaurant Associations of India (FHRAI) on Monday expressed "serious...
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Latest News
Jubilant Foods aims 3,000 Domino’s stores in next 3 yrs; 250 Popeyes outlets
The Jubilant Bhartia Group company is focusing on smaller tier III towns and entering into new markets for Domino's...
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