The sale has been fixed at Rs 48-Rs 54 apiece, a discount of 2.8-13.6% to Tuesday’s closing price of Rs 55.55 on the National Stock Exchange.from Tech-Economic Times https://ift.tt/Dep1m4q
Uber Technologies likely to sell 7.8% stake in Zomato through block deal
The sale has been fixed at Rs 48-Rs 54 apiece, a discount of 2.8-13.6% to Tuesday’s closing price of Rs 55.55 on the National Stock Exchange.from Tech-Economic Times https://ift.tt/Dep1m4q
Restaurants raise discounts to curb aggregators; Zomato losses halve in Q1
Large restaurants and chains are offering more discounts on their own apps and direct-ordering platforms than Swiggy and Zomato do on their apps, industry executives told us, as they look to reduce their dependence on the two food delivery firms.from Tech-Economic Times https://ift.tt/DSeBwsb
Large restaurants raise discounts to fend off Swiggy, Zomato
India’s largest quick service chain, Domino’s Pizza which operates 1,625 outlets, launched multiple “free rewards offers” on its own app last weekend, across delivery, takeaway and dine-ins.from Tech-Economic Times https://ift.tt/m0GWvJq
Avendus Future Leaders Fund buys stake in Xpressbees for Rs 195 crore
This is the sixth deal from the new Rs 1,500-crore fund II raised by Avendus in August 2021. So far, it has invested in companies such as SBI General Insurance, Juspay, Lenskart, Zeta and Licious.from Tech-Economic Times https://ift.tt/ZtlpVe9
Pakistan's former PM Imran Khan's Instagram account briefly hacked
The former premier's Instagram account shared a post lauding Tesla Motors founder Elon Musk for "donating" three bitcoins.from Tech-Economic Times https://ift.tt/GfkaglS
Elon Musk sued by Twitter investor over busted $44 billion deal
The lawsuit was filed in Delaware Chancery Court—the same forum that’s set to hold a fast-tracked trial in October of Twitter’s claims against Musk—by an investor who holds 5,500 Twitter shares. In addition to Musk, it names as defendants two “corporate acquisition entities” related to the deal.from Tech-Economic Times https://ift.tt/fZq2Yk7
Elon Musk says engagement on Twitter accounts 'much lower'
On the microblogging platform, Tesla and SpaceX CEO Elon Musk wrote that "interaction with almost all Twitter accounts seem to be much lower lately".from Tech-Economic Times https://ift.tt/fCD6bWV
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