Essayer OR - Gratuit
Zomato rejects EY's new valuation that lowers its share price for Blinkit deal
Financial Express Mumbai
|August 06, 2022
FOOD TECH PLATFORM Zomato said on Friday that the company has decided to go with the original valuation report of EY on Blinkit, which stands in absolute and complete compliance with all provisions of applicable laws, even as EY had come up with another report on the same that suggested a reduced share price for acquiring quick commerce firm Blinkit.
-
"The original report is in absolute and complete compliance with all provisions of applicable laws, including Clause 12 (1) (c) of the Articles of Association (AOA) of the Company, the Companies Act, 2013, relevant rules made thereunder and SEBI (ICDR) Regulations, 2018," Zomato said in a filing to the stock exchanges.
Cette histoire est tirée de l'édition August 06, 2022 de Financial Express Mumbai.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Financial Express Mumbai
Financial Express Mumbai
Govt floats paper seeking comments on creating India’s ‘Big Four’
THE GOVERNMENT HAS moved astep closer to creating India's “Big Four”.
1 mins
September 18, 2025
Financial Express Mumbai
FM sees ₹2 lakh crore consumption boost
HUNDREDS OF ‘MIDDLE-CLASS’ ITEMS TO COST LESS
2 mins
September 18, 2025
Financial Express Mumbai
Amazon India operations turn profitable
AMAZON SELLER SERVICES, which operates the Amazon marketplace in India, has turned operationally profitable in FY25,a first in its 12-year presence in the country.
1 min
September 18, 2025
Financial Express Mumbai
How India Inc needs to transform
IN THE CLASSIC fairy tale, the evil queen famously asked, \"Mirror, mirror on the wall, who's the fairest of them all?\" It's a question that transcends fairy tales-echoed in classrooms, debated on sports fields, and whispered in boardrooms.
3 mins
September 18, 2025
Financial Express Mumbai
EU lays out new tariffs, sanctions on Israel over war in Gaza
THE EU LAID out on Wednesday its toughest plan yet to pressure Israel to end the war in Gaza as Palestinians fled en masse from Israeli tanks, drones and troops pushing deeper into the coastal enclave ravaged by 23 months of war.
1 min
September 18, 2025
Financial Express Mumbai
Transforming into a product nation
THE TREMORS OF the US tariffs are being experienced globally in varying degrees. In India, the impact so far has been on exporters of some of the manufactured goods. However, there are concerns about the emerging challenges the Indian IT outsourcing services industry may have to deal with.
2 mins
September 18, 2025
Financial Express Mumbai
Former Lodha Developers director held
A FORMER DIRECTOR of real estate company Lodha Developers was arrested on Wednesday for his alleged role in a fraud, officials said. Accused Rajendra Lodha was taken into custody from his residence in central Mumbai by the property cell of the Mumbai Crime Branch.
1 min
September 18, 2025
Financial Express Mumbai
Marico under tax cloud; IT survey done at premises
THE INCOME TAX department on Wednesday conducted a nationwide survey operation at Marico’s premises, sources said.
1 min
September 18, 2025
Financial Express Mumbai
EU relief to India on CBAM
THE EUROPEAN UNION has agreed to adjust the carbon price paid by exporters in India from their due payments under the Carbon Border Adjustment Mechanism (CBAM) and simplify rules on the carbon tax for small business.
2 mins
September 18, 2025
Financial Express Mumbai
Banks & NBFCs unveil offers as GST 2.0 nears
WITH THE GOODS and Services Tax (GST) 2.0 set to be rolled out from Monday amid the festival season, financial institutions are also beginning to dish out offers to drive consumption.
2 mins
September 18, 2025
Translate
Change font size