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Latest news on October 22, 2024: Zomato reported a nearly five-fold profit increase to 1.76 billion rupees but missed forecasts. The firm is raising 85 billion rupees via shares and expanding to 2,000 stores by 2026 as competition intensifies in India’s delivery sector.
Business News LIVE Updates Today: Follow for stories on Bill Gates, Elon Musk, Mukesh Ambani, Gautam Adani as we bring you everything that is happening in the world of business. Track latest gold and silver prices as well here. Stay on top of all things business with us. Disclaimer: This is an AI-generated live blog and has not been edited by Hindustan Times staff.…Read More
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Business News LIVE Updates : Zomato misses Q2 profit estimates, hurt by store expansion costs
- Zomato plans to raise 85 billion rupees through share issuance and aims for 2,000 stores by 2026 amid increasing competition in the food delivery market.
Business News LIVE Updates : Paytm’s Q2 profit at ₹930 crore on gains from ticketing business sale
- Paytm reported strong Q2FY25 results with an 11% revenue growth to ₹1,660 crore. Profit After Tax reached ₹930 crore, aided by a one-time gain.
Oct 22, 2024 11:45 AM
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Business News LIVE Updates : Paytm’s first net income after asset sale to Zomato leaves stock market unimpressed
- Paytm achieved its first net income of 9.3 billion rupees, aided by a 13.5 billion rupee gain from selling its events business.
Oct 22, 2024 10:49 AM
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Business News LIVE Updates : Hyundai Motor India shares fall 3% after lackluster stock market debut
- Hyundai Motor India’s stock debuted below its issue price, opening at ₹1,931 on BSE and ₹1,934 on NSE.
Oct 22, 2024 10:15 AM
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Business News LIVE Updates : Gold Rate Today 22-10-2024: Check latest prices in your city
- Gold And Silver rates Today: The price of 10 gm of 24 carat gold is Rs. 79823.0/10 grams in Delhi, whereas 1 kg of silver is Rs. 104200.0/Kg in Delhi.
Business News LIVE Updates : Gold hovers near fresh record, silver at highest since 2012. Why? Uncertainty
- Gold retreated after hitting a record high, buoyed by Middle East tensions and US election uncertainty. Profit-taking followed 4-day rally, seeing haven demand.
Business News LIVE Updates : Elon Musk sued over ‘blade runner’ imagery during Robotaxi unveiling
- Tesla’s Cybercab unveiling faced backlash from Alcon Entertainment, claiming unauthorized use of Blade Runner 2049 images, leading to a lawsuit against Musk.
Business News LIVE Updates : The rockets are nifty, but it is satellites that make SpaceX valuable
News business Business News LIVE Updates Today October 22, 2024: Zomato misses Q2 profit estimates, hurt by store expansion costs
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