ZOMATO ESOP COSTS

Zomato has halted its hyperlocal goods delivery service due to a lack of demand.

Persistent Systems' shares skyrocketed to a record high after sealing a deal to acquire Starfish Associates, boosting their AI offerings.

JM Financial has lowered Zomato's target price to Rs 230 from Rs 250, noting that ESOP costs are no longer considered one-off expenses following the approval of a new policy. The formulation of this policy indicates that ESOP costs will be treated a...

Online stock broker Zerodha will likely discontinue its zero-brokerage structure due to new Sebi rules. More on this in today’s ETtech Top 5.

Food delivery company Zomato had proposed an Esop pool of 183 million shares. The new plan would mean a 2% stake dilution for existing shareholders, founder and CEO Deepinder Goyal had told shareholders in May, adding that the new pool would be suff...

Zomato’s interest in acquiring Paytm's events and movie ticketing business is in line with the Gurgaon-based company's efforts towards capturing consumer demand across categories like food, grocery and entertainment. If the transaction goes through,...

Welcome to another edition of ETtech Unwrapped – our weekend newsletter. This is Pranav Mukul in New Delhi. This week we’ve wrapped up another compelling quarterly earnings season for listed new-age companies from Zomato and Delhivery to Paytm and P...

Emkay Global Financial Services has buy call on Zomato with a target price of Rs 230.

Food delivery platform Zomato on Monday reported a consolidated net profit of Rs 175 crore for the quarter ended March 31, 2024, as against a loss of Rs 188 crore reported in the year-ago period.

Food delivery major Zomato reported a lower-than-expected quarterly profit of Rs 175 crore on Monday. Details on this and more in today’s ETtech Top 5.

Costs incurred under the Esops head are non-cash expenses, and will rise in the ongoing fiscal “on account of grant of Esops to the Blinkit leadership team and senior employees,” the management said in a post-earnings call.

During the ongoing funding winter, several internet majors such as Paytm, Policybazaar parent PB Fintech, Flipkart failedd to control expenses in FY23. Horizontal omnichannel retailers such as Nykaa, Mamaearth parent Honasa Consumer and FirstCry als...

Rahul Jain of Dolat Capital believes that Paytm is fairly priced now from an event risk perspective. Despite the new RBI guidelines impacting their money-making business of loan aggregation, Paytm's losses are coming down and they are on course to b...

UBS' coverage on the new-age stock comes days before the fintech payments major is scheduled to announce its Q3 report card on Friday. The brokerage house has forecast an overall revenue CAGR of 21% in FY24-28.

Food delivery platform Swiggy on Thursday announced that it has turned profitable as of March 2023.

Amid the dark clouds of sharp valuation markdowns for tech companies, Swiggy's CEO Sriharsha Majety announced that its food-delivery business had turned profitable in March, Esop costs aside. This and more in today’s ETtech Top 5.

The company has projected a cost of Rs 566 crore on Esops that are already granted over the next five years, of which Rs 282 crore is the projected cost for the ongoing fiscal year.

Typically, a company offers its employee an option to buy a fixed number of stocks after a vesting period at a predetermined price that often comes with a big discount. Though it may appear a good bargain on paper however, in reality, there are many...

The stock option plans of listed startups such as Zomato and Paytm are facing opposition from institutional investors for a variety of reasons.