October 14, 2026
Home Posts tagged Blinkit
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Eternal, the parent company of Zomato and Blinkit, reported a nearly four-fold increase in its first-quarter net profit to ₹920 million. However, the earnings fell short of analysts’ expectations as intense competition and continued investments in its quick-commerce business, Blinkit, put pressure on profit margins. The company said competition in the quick-commerce Continue Reading
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India’s Zomato parent, Eternal, reported stronger-than-expected quarterly profit, driven by steady demand in its core food delivery segment and rapid expansion in quick commerce. Budget-friendly meals and improved cost controls helped boost performance, while net order value in the food delivery business rose 18.8% year-on-year, marking a third consecutive quarter of Continue Reading
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Shares of Eternal (ETEA.NS) surged as much as 8% on Thursday after its quick-commerce arm Blinkit broke even, strengthening investor confidence in the company’s position amid intensifying competition in India’s rapidly expanding quick-delivery market. The stock later pared gains and was trading about 1% higher at 9:43 a.m. IST. Eternal posted a 73% rise in […]Continue Reading
Entertainment Featured Latest News
Indian food delivery and quick commerce major Eternal, formerly Zomato, announced a top leadership reshuffle on Wednesday, with founder Deepinder Goyal stepping down as chief executive officer and managing director effective February 1. Albinder Dhindsa, the head of quick commerce arm Blinkit, will take over as CEO, while Goyal will continue with the company as […]Continue Reading
Entertainment Featured Latest News
Walmart-owned Flipkart, Swiggy and fast-growing startup Zepto have stopped advertising their grocery services as “10-minute delivery” platforms after the Indian government raised concerns about road safety. The labour ministry urged companies during a private meeting to avoid such branding, citing risks linked to rash driving and pressure on gig workers. While no penalties Continue Reading
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Rajya Sabha MP Raghav Chadha on Tuesday welcomed the Centre’s intervention to curb ultra-fast delivery promises by quick-commerce platforms, calling it a major victory for rider safety and dignity of labour. Reacting to the decision to remove “10-minute delivery” branding from platforms, Chadha described the move as a timely and compassionate step, adding, “Satyamev Continue Reading
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Blinkit has struck a chord with college students through a quirky outdoor advertising campaign that turns real campus ordering data into relatable humour. Bright yellow billboards across major Indian cities highlight what students at top institutions actually order most, transforming everyday habits into inside jokes that resonate strongly with campus life. One of the most Continue Reading

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