brokerage

Axis Capital, a brokerage firm, has initiated coverage of foodtech giant Zomato with a 'buy' rating, noting that the company provides a "compelling investment opportunity" to gain exposure to the country's rapidly growing ecommerce market. The brokerage...

According to a report by Motilal Oswal Financial Services, the food delivery market in India is expected to grow at a compound annual rate of 19% between FY23-25, while other markets are experiencing a slowdown. This...