Zomato shares

BENGALURU: Shares of Zomatofell as much as 8.2% on Tuesday, extending losses for a second straight day as investors questioned the rationale of the company's deal to buy local grocery delivery startup Blinkit. The Ant Group-backed food…

NEW DELHI: Online food delivery platform Zomato on Friday announced the acquisition of Blinkit, which was earlier known as Grofers, in an all-stock deal of Rs 4,447 crore. Zomato said it would acquire up to 33,018 equity shares of Blink…