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Zomato Q3 profit declines 57.2 pc to Rs 59 cr

The company had earned a net profit of Rs 138 crore in the year-ago periodNew Delhi: Food tech unicorn Zomato on Monday reported a 57.2% drop in consolidated net profit for the December quarter to Rs 59 crore, with...

FHRAI raises concerns over Zomato, Swiggy’s “private label” food delivery foray

According to FHRAI, Zomato and Swiggy are now using their market dominance to directly compete with the very businesses they were meant to supportNew Delhi: The Federation of Hotel & Restaurant Associations of India (FHRAI) on Monday expressed "serious...

NRAI to file complaint against Zomato, Swiggy over ‘pvt labelling’, food delivery via separate apps

Comments from Zomato and Swiggy could not be obtained as emailed queries remained unansweredNew Delhi: Opposing "private labelling" by Zomato and Swiggy and their recent foray into quick commerce food delivery via separate apps, restaurant body NRAI on Thursday said...

Zomato launches accelerated safety response program

New Initiative Automatically Detects Crashes and Dispatches Emergency Assistance, Reinforcing Zomato's Commitment to Partner Well-Being New Delhi: Zomato has announced the launch of its Accelerated Safety Response Program, a groundbreaking feature designed to ensure the safety and well-being of...

E-commerce to adopt safety pledge to protect online consumers on Dec 24

A committee chaired by consumer activist Pushpa Girimaji developed the pledge after extensive stakeholder consultations in November 2023New Delhi: Major e-commerce platforms such as Zomato, Ajio and Ola will adopt a Safety Pledge on National Consumer Day on December 24...

Zomato gets Rs 803.4 cr tax demand from GST authorities

The company said it will file an appeal before the appropriate authority as it believes it has a strong caseNew Delhi: Food delivery aggregator Zomato said on Thursday that the GST department in Thane had imposed a tax demand...

Health Focus, Q-commerce & Beverage Expansion: 2025 Priorities For Smoor Chocolates

Kanchan Achpal, Chief Marketing Officer of Smoor Chocolates elaborates on the brand’s ambitions, expansion strategies, and moreBengaluru: The perception of chocolate in India has undergone a major transformation over the years. Earlier, when it came to premium chocolates foreign...

Zomato raises $1 bn via QIP; Motilal Oswal, ICICI Prudential among big domestic investors

Zomato had launched its Qualified Institutional Placement (QIP) issue on 25 November, which closed on 28 November New Delhi: Food delivery aggregator Zomato has raised Rs 8,500 crore by selling equity shares to qualified institutional investors, mainly domestic mutual fund...

Chief of Staff vacancy at Zomato, CEO wants candidate to pay Rs 20 lakh in 1st yr

The 20 lakh will be donated to non-profit Feeding India with the company offering to contribute Rs 50 lakh to a charity of the candidate's choiceNew Delhi: In an unusual job vacancy posting for his Chief of Staff, online...

Home-cooked meals become dearer in October on costlier vegetables

The monthly 'roti rice rate' report said onion prices were up 46% on year in October, while potato prices were up 51%New Delhi: Both vegetarian and non-vegetarian home-cooked meals became costlier in October due to a pick up in...
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Paytm to focus on merchant services in overseas foray, expects to be profitable by June

The company has set up three overseas step-down subsidiaries of Paytm Cloud Technologies in the United Arab Emirates, Saudi...
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