Business  /  Published 23.07.21

Zomato shares zoom nearly 53%

Shares of fast-growing food-delivery start-up Zomato rocketed as they made their stock exchange debut, bolstering the outlook for a string of new Internet-based firms set to hit the market. Zomato sha...
By Paran Balakrishnan in Mumbai

World  /  Published 23.07.21

Internet outage hits websites

Dozens of websites were reported to be offline or slow to load on Thursday, according to the online platform Downdetector, creating headaches for consumers. The outage affected a range of companies, ...
By New York Times News Service in New York

Business  /  Published 17.07.21

Paytm files for largest IPO

One97 Communications, the parent of Paytm, has filed draft papers with the Securities and Exchange Board of India (Sebi) for the country’s biggest initial public offering (IPO) of Rs 16,600 cror...
By Our Special Correspondent in Mumbai

Business  /  Published 16.07.21

Zomato IPO overbooked 10.7x

Zomato's initial public offer (IPO) was oversubscribed 10.7 times on the third and last day of the sale with institutional buyers pouring in to garb shares of the food delivery platform. The offe...
By Our Bureau, PTI in New Delhi

Business  /  Published 15.07.21

Zomato: IPO overbooked 1.3x

Zomato's initial public offering (IPO) was oversubscribed 1.3 times on the second day of the offering with retail investors continuing to bid for shares of the food delivery platform. The offer r...
By Our Bureau, PTI in New Delhi


Business  /  Published 14.07.21

Zomato: IPO fully subscribed

RPG Group chairman Harsh Goenka has been even more outspoken on Zomato’s valuation. “Can anyone explain to me - Two top hotels including global Indian brands - total market cap Rs 44,...
By Paran Balakrishnan in New Delhi

Business  /  Published 14.07.21

Zomato: a test for unicorns

The initial public offer of Zomato will open for subscription on Wednesday at a price band of Rs 72-76 per share. Being the first IPO from a unicorn (a start-up with valuation of more than $1 billion)...
By Our Special Correspondent in Mumbai

Jharkhand  /  Published 10.07.21

Strike against police brutality

A group of over 50 residents on Saturday staged a demonstration in front of Ulidih police station, Mango in protest against the brutal thrashing of a Zomato delivery boy by the police.  Led...
By Kumud Jenamani in Jamshedpur

Business  /  Published 09.07.21

Zomato sets IPO price band

Zomato Limited is seeking a post-issue valuation of Rs 64,365 crore on a fully diluted basis at the upper end of its public issue price band of Rs 72-76 a piece announced on Thursday.   The...
By A Staff Reporter in Calcutta

Business  /  Published 06.07.21

Probe call on Zomato and Swiggy

Restaurant industry body NRAI on Monday said it has approached fair trade regulator CCI for a detailed probe against the ‘‘anti-competitive practices’’ of food aggregators Zoma...
By Our Special Correspondent in New Delhi


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