{"id":868449,"date":"2024-10-21T08:46:30","date_gmt":"2024-10-21T03:16:30","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=868449"},"modified":"2024-10-21T08:46:51","modified_gmt":"2024-10-21T03:16:51","slug":"zomato-to-mull-proposal-to-raise-funds-from-institutional-investors-stock-falls","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/21\/zomato-to-mull-proposal-to-raise-funds-from-institutional-investors-stock-falls\/","title":{"rendered":"Zomato to mull proposal to raise funds from institutional investors, stock falls"},"content":{"rendered":"<p>The board of Zomato will meet on October 22 to consider a proposal to raise funds from institutional investors, its first since its initial public offer in July 2021. <\/p>\n<p>Though the size of the offer is not known, there is a buzz about the online food delivery firm raising anywhere between \u20b98,000 crore and \u20b99,000 crore. <\/p>\n<p>The stock markets reacted negatively to the announcement with the shares of Zomato ending with losses of 4.90 per cent at \u20b9257.40 on a day the BSE Sensex gained 218 points.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The board of Zomato will meet on October 22 to consider a proposal to raise funds from institutional investors, its first since its initial public offer in July 2021. Though the size of the offer is not known, there is a buzz about the online food delivery firm raising anywhere between \u20b98,000 crore and \u20b99,000 crore. The stock markets reacted negatively to the announcement with the shares of Zomato ending with losses of 4.90 per cent at \u20b9257.40 on a day the BSE Sensex gained 218 points.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[83,4,22],"tags":[],"class_list":["post-868449","post","type-post","status-publish","format-standard","hentry","category-it-2-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/868449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=868449"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/868449\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=868449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=868449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=868449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}