Highlights Blinkit valued at $570 million Blinkit May 2022 orders at 7.9 million Zomato losses to surge, post two acquisitions Zomato’s (CMP: Rs 70.50; M Cap: Rs 55,509 crore) board has approved the much-anticipated acquisition of Blinkit, the quick commerce business, for a consideration of Rs 4,447 crore in an all-share deal. It has also okayed the Rs 60.7-crore cash acquisition of HOTPL (Hands on Trades Pvt Ltd) Identified Business (the warehousing and ancillary arm of Blinkit). Blinkit acquisition Blinkit (previously known as Grofers) changed from...
Moneycontrol Pro Panorama | After US, will inflation ease in India?
Aug 11, 2022 / 03:21 PM IST
In today’s edition of Moneycontrol Pro Panorama: Nitish Kumar outfoxes BJP in Bihar, the Fed’s tightening may not be working, Nykaa may take on more gloss, and moreRead Now
Moneycontrol Pro Weekender | Shaktikanta Das refuses to pivot
Aug 6, 2022 / 10:21 AM IST
A look at the current macro readings is enough for the RBI governor not to budge and dilute his ‘withdrawal of accommodation’ stanceRead Now
To read the full story, Subscribe to Moneycontrol PRO
Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience
Already a member? Sign in
Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to
Ad free experience
Experience a non-intrusive navigation and faster response in the ad free mode
Access to 230+ exclusive stories per month from our editorial and Experts
Have a Global edge with access to content from world renowned experts and journalist
Access to 40+ weekly investment ideas including 4 daily technical calls
Exclusive access to live webinars from market experts on trading and investment strategies
Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.
Get upto 50% discount on limited period offers