At the current market price, Zomato’s entire ESOP scheme becomes worth Rs 330.17 crore. Zomato’s stock options granted shall be capable of being exercised within (a) 10 years from the date of vesting of options, or (b) 12 years from the date of listing, whichever is later under ESOP 2014 and ESOP 2021. Food delivery […]
Swiggy has filed its updated draft papers with markets regulator Sebi to raise funds through its much-anticipated Rs 10,000-crore IPO. The launch of Swiggy ‘XL’ fleet comes a day after the company announced the launch of its 10-minute meals and beverages delivery service ‘Bolt’. IPO-bound food tech platform Swiggy on Saturday launched its bulk order […]
New Delhi: Deepinder Goyal, co-founder and CEO of Zomato recently took to the streets of Gurgaon, stepping into the role of a food delivery executive. Goyal was dressed in the signature company uniform along with his wife Grecia Munoz. They hopped onto a bike to personally deliver orders. By experiencing the daily challenges of his […]
PA and Reuters Ireland’s finance minister Jack Chambers and the UK Chancellor of the Exchequer Rachel Reeves As Ireland’s finance minister delivered his budget on Tuesday afternoon Dublin was bathed in golden autumn sunlight. The minister, Jack Chambers, said his budget provided the “ways and means for continuing to deliver many more, bright and hopeful […]
MUMBAI: NSE and nine of its former senior executives, including earlier MD Vikram Limaye, have settled a case with Sebi over allegations that brokers bypassed a trading access point to enable faster trades for Rs 643 crore. This is the largest settlement order in Sebi’s 36-year history. In addition to the settlement amount, eight officials […]
Getty Images It’s the end of a meal out and you’ve been presented with the bill. Suddenly the pleasure of the food you’ve just eaten is replaced by a faint wave of anxiety as you realise you’ve got to work out how much to tip. If you tip too little will you face the wrath […]
Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters Shares of Rivian Automotive dropped by as much as 8.9% in intraday trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and […]
Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, France, on Thursday, Oct. 3, 2024. Nathan Laine | Bloomberg | Getty Images DETROIT — Stellantis is suing the United Auto Workers, escalating a monthslong battle between the trans-Atlantic automaker and American union, CNBC has […]
JAIPUR: Farmers have expressed displeasure over bajra not being purchased at the minimum support price (MSP) at govt mandis in eight districts of Rajasthan.According to farmer groups, farmers are selling bajra at a loss of over Rs 300 per quintal at the mandis. While the MSP for bajra is Rs 2,625 per quintal, they sell […]
Insured losses for Hurricane Helene are now estimated at over $6 billion, but the uninsured losses are far higher. That’s because the vast majority of homes impacted by the storm, especially in hard-hit North Carolina, did not have flood insurance. New risk-assessment technology is designed to help change that for the future. Most homeowners in […]