The starting monthly rent has been agreed upon at Rs 160 per sq ft, CRE Matrix said citing registration documents reviewed by the company. Over a period of five years, the total rent outgo is expected to be Rs 95 crore, including maintenance charges.Eternal, the parent entity of Zomato, has taken up office space spanning 84,157 square feet on lease in Mumbai for five years, for a monthly rent of R...

The shares of online delivery player Eternal (formerly Zomato) rose over 1 percent on May 2, a day after the company released its results for the January-March quarter of the financial year 2025. At 10 am, the shares of the company were trading at Rs 236 apiece.Shares of Eternal, which officially changed its name from Zomato in March, had more than doubled in each of the last two years, partly fue...

The benchmark indices continued to see ranged trading for another session, with the Nifty 50 falling by just 12 points after its 235-point range on February 19. The market breadth improved after several days of weakness, as about 2,005 shares advanced compared to 604 declining shares on the NSE. The market is expected to gain strength soon amid ongoing range-bound trading. Below are some trading i...

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, appointments, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:Quarterly EarningsABB India Q4CY24 (YoY)Profit zooms 56% to Rs 528.4 crore Vs Rs 338.7 croreRevenue grows 22% to Rs 3,364.9 crore Vs Rs 2,757.5 croreEBITDA jumps 57.6% to Rs ...

Food delivery aggregator Zomato has hopped on an aggressive store expansion spree for its quick commerce business, Blinkit. This expansion has driven up investment costs, inflating Blinkit's losses and squeezing Zomato's net profit in Q3. Despite the stock taking a hit after Zomato's weak Q3 numbers, optimism among brokerages seems to remain unhinged.Shares of Zomato have plunged over 12 percent s...