New Delhi, July 22 (IANS) Eternal Limited, the parent of Zomato, on Thursday reported a sharp 47.1 per cent decline in its net profit at Rs 92 crore (quarter-on-quarter) in the April-June period (Q1 FY27) from Rs 174 crore reported in Q4 FY26.However, the online food company registered a strong 268 per cent (year-on-year) growth in consolidated net profit year-on-year in Q1. Consolidated adjusted revenue grew 173 per cent YoY to Rs 20,648 crore while adjusted EBITDA increased 223 per cent YoY to…
Latest Blinkit News & Updates
New Delhi, July 9 (IANS) The Cyber Police Station of Delhi’s North-East District on Thursday has busted a fraudulent call centre allegedly involved in duping people by posing as bank representatives and has arrested/apprehended six accused in connection with a credit card fraud worth Rs 1.31 lakh. According to police, an e-FIR (No. 114/2026) under Sections 318(4) and 319(2) of the Bharatiya Nyaya Sanhita (BNS) was registered at PS Cyber, North-East District, based on a complaint filed on the Nat…
Shillong, June 26 (IANS) Quick-commerce platform Blinkit’s plans to expand its services in Meghalaya have hit a roadblock after the Khasi Hills Autonomous District Council (KHADC) declined to grant the company the mandatory trading licence required to operate within its jurisdiction, citing concerns over the impact on local businesses, officials said. The council said on Thursday that it was unwilling to permit business models that could adversely affect the livelihoods of thousands of indigenou…
New Delhi, May 16 (IANS) The Gig & Platform Service Workers Union (GIPSWU) called for a nationwide temporary shutdown of app-based services between 12 pm and 5 pm on Saturday, while demanding a minimum payment of Rs 20 per kilometre for delivery and transport workers following the latest fuel price hike.In a statement, the union said the recent increase in petrol and diesel prices would place an additional financial burden on workers engaged in food delivery, ride-hailing, logistics and othe…
Ahmedabad, April 1 (IANS) Adani Airport Holdings on Wednesday partnered with Blinkit to bring app-based quick commerce delivery inside Mumbai Airport, allowing passengers to order essentials directly within the terminal.The service is currently live at Chhatrapati Shivaji Maharaj International Airport’s Terminal 2 for domestic departures, aiming to make travel more convenient for passengers.With this new offering, travellers can now order essential items such as chargers, snacks, books, and pe…
New Delhi, March 12 (IANS) Induction cooktops are rapidly disappearing from online platforms as households across India rush to find alternatives to cooking gas amid growing concerns about LPG supply disruptions linked to the ongoing conflict in West Asia.Search results on leading quick-commerce platforms such as Blinkit, Zepto, Swiggy Instamart and BigBasket are showing “Unavailable” and “Sold out” badges for many induction cooktops in several cities.These platforms, which usually promi…
Mumbai, Jan 21 (IANS) Zomato parent Eternal on Wednesday reported a sharp jump of 72.88 per cent in its consolidated profit for the December quarter (Q3) of FY26, helped by strong growth in revenue.The company said its consolidated net profit rose 72.88 per cent year-on-year to Rs 102 crore in Q3 FY26, compared with Rs 59 crore in the same quarter last financial year, according to an exchange filing.Eternal had also posted a net profit of Rs 65 crore in the October–December quarter of the curr…
Mumbai, Jan 21 (IANS) Zomato’s parent firm Eternal Limited on Wednesday announced a major leadership change, with its CEO Deepinder Goyal resigning from his position with effect from February 1, 2026.The company said Albinder Dhindsa, who is currently the CEO of Blinkit, will take over as the new chief executive.In a letter addressed to the shareholders, Goyal said he has recently been drawn towards new ideas that involve higher levels of risk, experimentation and exploration.He explained that…
New Delhi, Jan 19 (IANS) Aam Aadmi Party (AAP) lawmaker Raghav Chadha, who came out in support of delivery partners of the e-commerce platforms and also donned their uniform, doubling up as ‘gig worker for a day’ shared the full video of his grueling sessions with them on Monday. Documenting the daily struggles of gig workers in the hour-long video, the AAP RS MP brought to fore the rigors of their profession, eventually forcing the government to take note and make necessary amends.Raghav Ch…
New Delhi, Jan 13 (IANS) Aam Aadmi Party (AAP) Rajya Sabha MP Raghav Chadha on Tuesday joined gig workers in celebrating a victory for their “safety, dignity and work conditions” as the government directed food delivery and quick-commerce platforms to do away with rigid “10-minute delivery” commitments.In a video message, Chadha said that it is a memorable day for gig workers as the Central government has struck down the private companies’ “10-minute delivery” branding.“The credi…