BofA Securities Downgrades Zomato and Swiggy: Rising Losses and Tough Competition Loom Large
BofA Securities significantly downgraded the stock ratings of Zomato Ltd. and Swiggy Ltd., the two biggest meal delivery companies in India, on March 26, 2025. The brokerage’s decision has increased ...
Nifty rejig and the problem with index-based valuation
Nifty’s latest reshuffle raises fresh questions about the relevance of index-based valuation. As new-age firms replace ...
GE announces delivery of long delayed F404-IN20 engines for LCA Mk-1A
Updated - March 26, 2025 at 06:46 PM. | New Delhi ...