Signalling a strategic shift away from its wildly popular food delivery business, Zomato announced its parent company name changed to Eternal Ltd. on Friday. Confirming the development to Mint ...

The link opened to an official announcement PDF that read, “When we acquired Blinkit, we started using “Eternal” (instead of Zomato) internally to distinguish between the company and the brand/app. We ...

The Gurugram-based company, which joined India’s benchmark index, BSE Sensex, in December, said on Thursday the name change would better reflect its expanding business portfolio, which includes ...

The festive season came as a downer for Zomato and Swiggy. Their share prices fell by 25-30% from December 15 onwards as broader consumer demand slowed. The two stocks underperformed the Nifty 50 ...

The entry of Zomato and Swiggy into the 10-minute food delivery segment has sparked concerns among restaurant partners, who fear private labelling by the food aggregators. The issue took centre stage ...

The NRAI had filed a petition with the Competition Commission of India (CCI) in 2021, accusing both Zomato and Swiggy of abusing their dominant market positions The National Restaurant Association ...

New-age technology favourite Zomato Ltd., which more than doubled in 2024, has nosedived 22 per cent since the start of the year with a push from disappointing results. Real estate star Oberoi Realty ...

Restaurants are planning to challenge food delivery giants Zomato and Swiggy by partnering with the government-backed ONDC to launch private label food and regain control over their digital ...

Amidst rising concerns about 10-minute food deliveries, Zomato founder and CEO Deepinder Goyal told the company’s restaurant partners that Zomato as a restaurant aggregator will “never compete ...

Keeping Quick commerce in mind, Zomato also looks like a good bet. HDFC Bank in financials, and Biocon in healthcare stand out apart from Zomato. Most of these companies have strong balance sheets ...

Shares of Zomato have plunged over 30% since early December 2024, mainly due to a 57% year-on-year drop in consolidated net profit for the December quarter. Zomato attributed the weaker numbers to ...