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Company Updates

Zomato Q2 Profit Hits ₹176 Cr with 69% Revenue Growth

ITN Media -
In Short:Zomato reported a net profit of ₹176 crore in Q2 FY25, up from ₹36 crore last year, with revenues increasing 69% to ₹4,799...
Industry Updates

Will Zomato’s Deepinder Goyal Order from Rival Swiggy? His Thoughts Inside

ITN Media -
In Short:Zomato's CEO Deepinder Goyal admitted he has never ordered from competitors like Swiggy. Reflecting on Zomato's struggles in 2018, he felt concerned when...
Company Updates

Online food delivery market to reach ₹2-lakh crore by 2030, growing at 18% y-o-y

ITN Media -
In Short:A report by Swiggy and Bain & Company predicts that the Indian food services market will double over the next seven years, reaching...
Industry Updates

Implications of settling vendor dues with equity for companies

ITN Media -
In Short:Vodafone Idea board approved to give shares to vendors like Nokia and Ericsson worth Rs 2,458 crore to clear dues. Vi's share price...
Company Updates

Investors show interest in D2C F&B start-ups ahead of funding round

ITN Media -
In Short:Several direct-to-consumer (D2C) food and beverage brands are receiving a lot of funding and attention from investors. Start-ups like Boba Bhai and Blue...
Company Updates

Zomato faces tax notice, owes ₹11.82 crore

ITN Media -
In Short:Zomato, an online food delivery platform, has been ordered to pay ₹11.82 crore for GST on export services provided to its subsidiaries outside...

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