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Zomato gets service tax demand and penalty order of Rs 184 cr

The order has been received for non-payment of service tax for the period October 2014 to June 2017 New Delhi: Online food delivery platform Zomato said it has received a service tax demand and penalty order aggregating over Rs 184...

Rollercoaster ride of four retail industry IPOs

These companies created a lot of hype when they listed on the bourses. But soon broke the hearts and banks of those who invested in them…  By Abhisar Narula New Delhi: Initial Public Offerings (IPOs) have been attracting a lot of investor...

Zomato setting up ‘Rest Points’ for delivery partners

Rest Points offer clean drinking water, phone-charging stations, access to washrooms, high-speed internet, a 24 7 helpdesk and first-aid supportNew Delhi: Online food delivery platform Zomato on Thursday said it is building public infrastructure called 'Rest Points' to support the...

HSBC brokerage slashes Zomato’s $1bn value by half

HSBC's brokerage arm - HSBC Securities and Capital Markets (India) - has cut the valuation of Zomato. The restaurant search service's valuation was slashed from $1 billion to $500 million. The move comes close on the heels of a valuation downgrade in e-commerce player Flipkart...
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Honasa Consumer posts Q4 profit at Rs 30.47 cr, sales up 21.5% at Rs 471 cr

Its revenue from operations grew 21.46% to Rs 471.09 crore in the fourth quarter of this fiscal. It was...
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