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Zomato, India's leading food delivery company, Dissolves Step Down Subsidiary In United States

"ZUL was not a material subsidiary of the company (Zomato) and didn't have any business activity and the dissolution of ZUL will not affect the turnover/revenue of the company." Zomato said

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Zomato dissolves, winds up step-down subsidiary in US

Zomato USA LLC (ZUL), a step-down subsidiary of the company, has been dissolved and wound up, according to a regulatory filing on Thursday

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Many mutual funds are allocating big money to IPOs. Should you be worried?

Mutual funds have been betting big on IPOs in the last couple of months. The last quarter has seen big-ticket IPOs hitting the market. Some mutual fund houses have gone big on these IPOs while many others have stayed away from them.

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Zomato IPO Feeds India Startup Frenzy, Inspires Paytm, Flipkart, Byjus

The amount of money raised in IPOs this year has reached $8.8 billion, already surpassing the totals of the past three years though its only August.

China , Mumbai , Maharashtra , India , Singapore , Devarajan-nambakam , Pankaj-naik , Udhay-furtado , Ritesh-agarwal , Fidelity-investments , Morgan-stanley , Walmart

Stocks to bet on: Hemang Jani on how to play the energy theme

“Alternative fuels, clean energy would remain a very big theme. Gas is something that we could definitely look at.”

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investment strategy: We will get a chance to create a basket of consumer tech cos over next 12-24 months: Hiren Ved

‘There is likely to always be an opportunity to buy some of these businesses at slightly more attractive valuations.”

China , Tata-elxsi , Auro-pharma , Lt-technology-services , Alchemy-leaders , Hiren-ved , Whole-time-director , Tata-steel , Investment-strategy , Consumer-tech-companies , Stock-market , Et-now

Nirmala Sitharaman: We are not blind to the challenges ordinary family in India faces in having to pay so much for fuel: Nirmala Sitharaman

India is ideally placed to attract businesses looking to move out of China, finance minister Nirmala Sitharaman said in an interview to Deepshikha Sikarwar and Bodhisatva Ganguli. She also said the telecom ministry was looking into the adjusted gross revenue (AGR) issue. Edited excerpts

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Grofers Grocery Delivery: Grofers offers ten-minute online grocery delivery in 10 cities

Grofers' customers can now order more than 7,000 everyday essential items in Delhi, Gurugram, Mumbai, Bengaluru, Hyderabad, Kolkata, Jaipur, Ghaziabad, Noida and Lucknow.

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Why Revival Of The Capital Investment Cycle Is Likely To Sustain

Why Revival Of The Capital Investment Cycle Is Likely To Sustain
swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.

China , India , Indian-ipos , Reserve-bank , Business-standard , Finance-minister , Gdp , Growth , Jobs , Start-ups , E-commerce

KIMS share price: This newly listed firm just reported 10-fold PAT jump. Now investors are lining up for it

A glance at the June quarter number shows KIMS has left Zomato miles behind. On a YoY basis, the hospital chain reported a 10-fold jump in profit, over a 4-fold jump in PAT margin and nearly four times growth in ebitda.

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