Eternal share price staged a smart rebound on Tuesday, March 16, emerging as the best-performing Sensex stock amid value buying following a 40% crash in the new-age stock from its 52-week high and amid a rebound in the Indian stock market sentiment. Domestic brokerage JM Financial also reiterated its positive view on the stock in…
Global LPG supply has been disrupted due to the Middle East war, which is directly impacting India’s food delivery and gig workers. Gig and Platform Service Workers Union (GIPSWU) has warned in a press release issued from Pune that food orders on platforms like Zomato and Swiggy have fallen by 50-60 percent. Restaurants, dhabas, cloud…
Eternal Q3 results: Zomato parent Eternal on Wednesday, January 21, reported a 72.88% year-on-year (YoY) jump in its consolidated profit to ₹102 crore for the December quarter of the current financial year (Q3FY26). In the same quarter last year, the company’s profit was ₹59 crore, as per the exchange filing. Consolidated revenue from operations for…
Eternal Q3 Results : Eternal, the company that operates food delivery platform Zomato and quick commerce company Blinkit, has announced the results for the third quarter of FY26. The company on Wednesday, January 21, reported a 73% year-on-year rise in consolidated net profit at Rs 102 crore. Revenue from operations grew 201% year-on-year to Rs…
Several social media users expressed fury over the price difference of the food order on Zomato. The anger sparked following a post by one Nalini Unagar, who claimed she was “blatantly overcharged” as the platform asked her to pay 655 for an order worth 320. She claimed in a post on 320, but on Zomato…
Zomato is a leading Indian multinational tech company, which focuses on food services. It provides an online food ordering, restaurant discovery, and dining-out platform that connects millions of users with restaurants through its app for easy delivery and reservations. It has grown from a restaurant listing site in 2008 to a large food-tech ecosystem in…
Deepinder Goyal, founder and CEO of Eternal, rejected the claim of delivery workers getting exploited and even killed due to 10-minute delivery rush amid row, claiming they have no pressure of timing. In a podcast with Raj Shamani, Goyal said the 10 minute delivery is enabled by the density of orders. “Our delivery partners are…
When Deepinder Goyal appeared on Raj Shamani’s podcast on YouTube, he answered many hard questions. What everyone noticed was a small device the Eternal CEO was wearing on his temple. As curiosity grew, even Reddit users began to wonder what the device was. Funny assumptions began. “Chewing gum,” one user said while another commented, “External…
On Raj Shamani’s podcast, Zomato co-founder Deepinder Goyal spoke about being bullied during his childhood. One of the reasons was his stammering, which still bothers him. “I used to be a very short, dark, stammering kid. I used to struggle with my studies as well. So, all of those things combined, my friends’ parents used…
Aam Aadmi Party (AAP) leader Raghav Chadha called the Centre’s draft social security rules for gig workers and delivery riders a “small win.” The Opposition leader also took a dig at platforms such as Zomato, Swiggy and Blinkit for not listening to the voices of the workers. “Congratulations to all Gig Workers and Delivery Partners….
