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Info Edge share rises over 5% after Zomato raises $250 million Amid high volume, Info Edge share price opened with a gain of 3.9% and touched an intraday high of Rs 5250, rising 5.1% against the earlier close of Rs 3,401.70 on BSE today BusinessToday.In | February 23, 2021 | Updated 16:04 IST Info Edge stock touched an intraday low of Rs 3,280, falling 3.58% on BSE Shares of Info Edge, which holds a 19% stake in food delivery giant Zomato, were trading 5% higher on BSE today. The rise in stock...

Bitcoin pares losses after tumbling on Elon Musk’s price remarks Premium It’s widely believed that volatile weekend swings are driven by individuals trading the cryptocurrency at home. 1 min read . Updated: 22 Feb 2021, 09:49 PM IST Bloomberg The world’s largest cryptocurrency has been on a tear this month, propelled by purchases from Musk’s Tesla Inc. and institutional investors who say Bitcoin is an attractive alternative to gold and the dollar Share Via Read Full Story Elon Musk’...

As prices skyrocket, some states cut taxes on petrol and diesel Premium (REUTERS) The current petrol price break-up in Delhi shows that 60% of the retail price is excise duty and value-added tax (VAT) Reserve Bank of India governor Shaktikanta Das has called for reduced indirect taxes on petrol and diesel to contain the fuel prices at a reasonable level Share Via Read Full Story Amid rising fuel prices and subsequent uproar, five states have decided to cut down taxes on petrol, diesel and other...

Karnataka: 6 killed in quarry blast in Chikkaballapur, CM orders probe Karnataka chief minister BS Yediyurappa (HT_PRINT)Premium Share Via Read Full Story As many as six people were killed while trying to dispose of gelatin sticks at a stone quarry site in Hirenagavalli village of Karnatakas Chikkaballapur early on Tuesday. The incident comes close on the heels of a similar blast at a quarry site in Chief Minister B S Yediyurappas hometown of Shivamogga on 22 January, which left six dead. TREN...

BW Businessworld Zomato Raises $250mn In Funding From Tiger Global, Kora And Others Zomatos FY20 revenue had jumped over two-folds to USD 394 million (around Rs 2,960 crore) from the previous fiscal, while its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) loss was at around Rs 2,200 crore in FY2019-20. Photo Credit : Info Edge on Monday said its investee company Zomato has raised USD 250 million (over Rs 1,800 crore) in funding from Tiger Global, Kora and others, val...

New Delhi: Foodtech unicorn Zomato has raised $250 million (around Rs 1,800 crore) in a new funding round from five different investors. The transactions

India Business News: BENGALURU: Online food delivery platform Zomato has raised another $250 million in primary capital from existing and new investors, ahead of its poten.

Info Edge shares, on Tuesday, surged 5 per cent to Rs 5,250 in intra-day deals on the BSE after food delivery giant Zomato raised another $250 million in primary fundraise from existing and new investors. Info Edge, the nation’s leading job-hunting platform, also has investments in at least 23 startups, including Zomato. In a stock exchange filing, Info Edge said that the latest transaction has taken the post-money valuation of Zomato to $5.4 billion. This is an increase from its previous v...

IPO-bound Zomatos valuation jumps to $5.4 billion as it cashes in another $250 million Sanchita DashFeb 23, 2021, 08:17 IST Zomato founder Deepinder GoyalBCCL Zomato has raised the latest investment from five different investment firms. The foodtech unicorn has been raising funds in the last year, in what is thought to be a pre IPO round. Founded in 2008 by Deepinder Goyal, Zomato is on its way to be one of the first startups in the country to head for an IPO.Indian foodtech unicorn Zomato has ...

H&M names Yanira Ramirez as country sales manager for India FILE PHOTO: A woman wearing a face mask leaves the H&M clothing store as the spread of the coronavirus disease (COVID-19) continues in Prague, Czech Republic, September 14, 2020. REUTERS/David W Cerny/File Photo (REUTERS)Premium In India, the retailer has done brisk business. For the year ended 30 November 2019, H&M posted a 43% jump in sales touching nearly Rs1,500 crore. However, the lockdown in 2020 impacted sales as prolonged ...