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Stocks in news: Wipro, Zomato, Vodafone Idea, Cadila Healthcare, Lupin and more

Stocks in news: Wipro, Zomato, Vodafone Idea, Cadila Healthcare, Lupin and more

Sep 20, 2021

On September 17, the benchmark indices ended lower after scaling record highs as investors booked profits at higher levels. After moving in a range of 866 points during the day, Sensex closed 125.27 points lower at 59,015 and Nifty slipped 44.35 points to 17,585.

Gupta joined Zomato in 2015 and was subsequently designated as one of the co-founders in 2019 and Head of Supply in 2021.

Zomato explains why it didn't inform about co-founder Gaurav Gupta's resignation to exchanges

Sep 18, 2021

Zomato said Gupta was not designated as a key managerial personnel under the Companies Act, 2013 and the Listing Regulations and his exit from the company does not warrant any disclosure.

Is the IPO boom sustainable or is the bubble waiting to burst?

Sep 18, 2021

Even legacy private companies are jumping in. With the stock markets climbing new highs practically every day, the secondary market is also being energetically tapped. Is this a sustainable boom, or is a bubble getting created that is waiting for the right trigger to burst?

Services by cloud kitchens or central kitchens are covered under "restaurant service", and attract 5 per cent, without ITC, says Sitharaman

No new tax but Swiggy, Zomato to now collect, pay GST instead of restaurants: Sitharaman

Sep 17, 2021

The minor tweak means that 5 per cent GST that was earlier paid by restaurants on food order will now be paid by platforms like Zomato and Swiggy. This will help in curbing tax evasion

Gaurav Gupta, one of Zomato's five co-founders

Why Zomato didn't announce Gaurav Gupta's resignation on stock exchanges

Sep 16, 2021

New-age start-ups follow a different nomenclature when it comes to giving designations to founders and co-founders; legal experts say that SEBI and stock exchanges might need to review the existing regulatory framework for disclosures as many start-ups are in queue to get listed

Udayan Mukherjee answers queries on stocks, govt's lifeline for telcos and more on the BT show

Sep 16, 2021

Air India begins its descent into the last leg of privatisation with financial bids from Tata Sons and Spicejet’s Ajay Singh; Why is the Apple iPhone so expensive in India? Will ordering from Swiggy and Zomato become more expensive?

Khosla Ventures had earlier invested an undisclosed sum in Vahan’s seed round

Vahan raises $8 mn in round led by Khosla Ventures

Sep 15, 2021

The freshly infused funds will be utilised to grow the team, scale the business and build new products.

What does Gaurav Gupta's exit from Zomato mean for investors?

Sep 15, 2021

Does the exit bode well for the investors? Was there some tension among the promoters?

Employees ready for pay cuts to work-from-home, big exit from Zomato and more on the BT show

Sep 15, 2021

What could be the impact if fuel is included in GST?

An IIT and IIM graduate, Gupta said he will be starting a new chapter after his six-year stint with the footech firm.

From head of table reservations to co-founder: A look at Gaurav Gupta's time at Zomato

Sep 14, 2021

Gupta joined Zomato as business head, table reservations, and was promoted as head of global advertising sales and president of large enterprise accounts in 2017.

Market Guru Raamdeo Agrawal cautions market investors

Sep 14, 2021

He remains optimistic about the long-term prospects of new-age, tech companies like Zomato.