{"id":869339,"date":"2024-10-23T10:09:28","date_gmt":"2024-10-23T04:39:28","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=869339"},"modified":"2024-10-23T10:15:05","modified_gmt":"2024-10-23T04:45:05","slug":"zomato-board-approves-plan-to-raise-rs-8500-crore-in-bid-to-strengthen-firms-balance-sheet","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/23\/zomato-board-approves-plan-to-raise-rs-8500-crore-in-bid-to-strengthen-firms-balance-sheet\/","title":{"rendered":"Zomato board approves plan to raise Rs 8,500 crore in bid to strengthen firm&#8217;s balance sheet"},"content":{"rendered":"<p>The board of directors of Zomato on Tuesday approved the plans to raise \u20b98,500 crore in a bid to strengthen the balance sheet of the company. <\/p>\n<p>Peer rival Swiggy is also lining up an IPO with a potential size of \u20b910,000 crore. <\/p>\n<p>\u201cThe board has constituted and authorised a fund raising committee to decide the structure, form of issuance, price, discounts and the terms and conditions,\u201d Zomato said in a stock exchange filing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The board of directors of Zomato on Tuesday approved the plans to raise \u20b98,500 crore in a bid to strengthen the balance sheet of the company. Peer rival Swiggy is also lining up an IPO with a potential size of \u20b910,000 crore. \u201cThe board has constituted and authorised a fund raising committee to decide the structure, form of issuance, price, discounts and the terms and conditions,\u201d Zomato said in a stock exchange filing.<\/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-869339","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\/869339","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=869339"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/869339\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=869339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=869339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=869339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}