Wednesday, May 10, 2023

Zomato slides 7% on fears ONDC may hit profitability

Analysts said the disruption by ONDC, where consumers are buying food and grocery at cheaper prices, has hurt investor sentiment in loss-making Zomato.

from Tech-Economic Times https://ift.tt/ZdFupUI

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...