Zomato to raise Rs 8,500 crore via QIP to fight quick commerce competition
Food and grocery platform Zomato’s board has approved its plan to raise Rs 8,500 crore through qualified institutional ...
Zomato misses Q2 profit estimates, hurt by store expansion costs
Zomato plans to raise 85 billion rupees through share issuance and aims for 2,000 stores by 2026 amid increasing competition ...
Zomato stock rebounds after losing 8% in 4 days; what should investors do?
Zomato shares rebounded on Monday after falling for four sessions in a row. The spike on October 21 followed Jefferies ...
India’s Zomato to raise $1B ahead of rival Swiggy’s IPO
Zomato said on Tuesday its board had approved the company's proposal to raise $1 billion through a so-called qualified ...
Paytm's first net income after asset sale to Zomato leaves stock market unimpressed
Paytm achieved its first net income of 9.3 billion rupees, aided by a 13.5 billion rupee gain from selling its events ...
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Zomato Approves Raising Up To Rs 8,500 Crore Via QIP
According to Grant Thornton Bharat, QIP activity has reached a decade-high of Rs 90,586 crore in 2024, with the June quarter ...
Zomato’s $1-billion fundraise; Paytm’s first quarterly profit
Zomato is planning to raise Rs 8,500 crore via the QIP route to take on the competition in the quick commerce stakes. This ...
Paytm Posts First Net Income After Selling Assets to Zomato
Paytm reported its first-ever net income, helped by a gain from the sale of its events business as the Indian fintech pioneer ...
Zomato's net profit jumps 389% YoY, board approves Rs 8,500 crore fund-raise proposal
The company's revenue from operations stood at Rs 4,799 crore, up from Rs 2,848 crore from the year-ago period. Zomato's GOV ...
Zomato share price trades flat before Q2 results today. Is this a stock to buy?
Zomato share price may touch ₹290 to ₹300 apiece if its support placed at ₹240 remains sacrosanct, say experts ...