Question

    Why is Zomato renaming its parent company to Eternal

    Ltd.?
    A To reflect a broader business vision encompassing multiple ventures Correct Answer Incorrect Answer
    B To separate its brand identity from Blinkit Correct Answer Incorrect Answer
    C To comply with new corporate laws Correct Answer Incorrect Answer
    D To enhance investor confidence after recent losses Correct Answer Incorrect Answer
    E To rebrand for international expansion Correct Answer Incorrect Answer

    Solution

    Zomato’s parent company will be renamed Eternal Ltd. to reflect its growing ecosystem, which includes Zomato, Blinkit, District (going-out business), and B2B supplies. While Zomato’s consumer-facing app will retain its name, the corporate rebranding aligns with the company’s expanding vision and diverse business operations.

    Practice Next