Shares of Eternal Ltd. surged to the highest in at least six weeks, a day after founder Deepinder Goyal decided to leave the corner office. Deepinder Goyal, founder of Zomato and outgoing CEO of Eternal. (HT) Eternal’s share price rose as much as 7.33% over previous close to an intraday high of ₹304.20 on the […]
In 2022, Deepinder Goyal handed a lifeline of sorts to Albinder Dhindsa when Zomato acquired a struggling Blinkit for ₹4,500 crore. Today, he has handed him over the reins of a ₹2.5-lakh-crore empire that he built from scratch. Blinkit CEO Albinder Dhindsa. (X/@albinder) On Wednesday, Eternal Ltd. (formerly Zomato) said that Goyal would step down […]
Deepinder Goyal is stepping down as the group chief executive officer of Eternal Ltd., according to a regulatory filing on Wednesday. Blinkit’s Albinder Dhindsa will be succeeding him with immediate effect. Deepinder Goyal, founder and outgoing CEO of Eternal Ltd. (X/@sharktankindia) “Of late, I have found myself drawn to a set of new ideas that […]
Zomato’s parent company, Eternal Ltd, has leased seven floors (2.78 lakh sq ft) in Gurugram’s Intellion Park for a monthly rent of ₹2.33 crore, according to lease deed documents accessed by Propstack. Zomato’s parent company, Eternal Ltd, has leased seven floors (2.78 lakh sq ft) in Gurugram’s Intellion Park for a monthly rent of ₹2.33 […]
Shares of Swiggy Ltd. and Eternal Ltd. rebounded from the day’s lows after the central government pursuaded them to do away with 10-minute delivery for the sake of gig workers. There have been widespread debates and discussions in the public domain about gig workers’ working conditions over the past weeks. (HT_PRINT) On Tuesday, Swiggy’s share […]
Opening thoughts. Eternal Ltd.’s Zomato and Amazon Pay have announced something interesting, particularly for those deal hunters who also like to double dip for credit cards or spend rewards. The Nuuk Hot Box. (Handout) Zomato says that any food delivery orders done on Zomato and paid for using the linked Amazon Pay Balance, will earn […]
The government has formally implemented India’s four new Labour Codes, replacing 29 fragmented labour laws, in what is seen as a pivotal moment for gig workers in the world’s fourth largest economy. India’s new labour codes ensure that the likes of Swiggy and Zomato can no longer view their delivery partners (gig workers) as independent […]
Zomato Hyperpure Private Limited, the B2B supply arm of food delivery platform Zomato, has leased a large warehouse space measuring 5.53 lakh sq ft in Thane district, near Mumbai, for approximately ₹1.7 crore per month, according to documents accessed by CRE Matrix. Zomato’s B2B arm, Hyperpure, has leased a 5.53 lakh sq ft warehouse in […]
Unacademy CEO Gaurav Munjal, in a recent tweet, opened up about “life-changing” advice he received from Zomato co-founder Deepinder Goyal. Talking about his “mentor,” Munjal recalled how once Goyal refused to meet him. Zomato co-founder Deepinder Goyal (L), Unacademy CEO Gaurav Munjal (R). (File Photo) “In 2015, as a 25 year old kid who had […]
