Muted mood: India is heading to all-important festival season under a hailstorm of bad news

A slowdown can be a mixed blessing. Yes, it’s nasty, anxiety-inducing and a dampener of sentiment. But it also forces the government to review status quo, companies to be ingenious and consumers to chase value. It can be an exercise in renewal. At least as long as things don’t start spiraling out of control. Many … Read moreMuted mood: India is heading to all-important festival season under a hailstorm of bad news

“Painful Decision”: Zomato Sacks 541 Employees As Automation Improves

Zomato is planning to introduce its Gold programme across multiple cities on its delivery platform. Food delivery platform Zomato on Saturday said that it has laid off 541 people — 10 per cent of the company’s strength — across customer, merchant and delivery partner support teams. The reason behind the move is an improved Zomato … Read more“Painful Decision”: Zomato Sacks 541 Employees As Automation Improves

Zomato lays off 540 employees from its customer support team

Zomato has laid off 540 employees from its customer support team, comprising 10% of its overall workforce, the company said in a statement Saturday. This is the second round of layoffs in a month at the food delivery and restaurant discovery platform, after 60 people were let go in August. Zomato said these jobs will … Read moreZomato lays off 540 employees from its customer support team

Delhi mixes a bitter cocktail, with a slice of time

NEW DELHI: The taxman is set to give city restaurateurs a hangover by setting a shelf life for the liquor they sell. The Delhi government’s Department of Excise, Entertainment & Luxury Tax has directed hotels and restaurants to destroy alcohol lying in the bar for longer than eight days, a decision that restaurateurs slammed as … Read moreDelhi mixes a bitter cocktail, with a slice of time

Consumers want discounts to stay, even if not ‘deep’

New Delhi, Foodies and restaurant-goers may well be at the receiving end of the recent campaign by restaurant owners against deep discount by online food aggregators. Most consumers although understand the business dynamics of the restaurants and their logic behind the campaign, they say, discounts and offers should exist in some form or the other. … Read moreConsumers want discounts to stay, even if not ‘deep’

Zomato calls for truce with restaurant owners, says willing to rectify mistakes

The Indian Express spoke to a number of delivery executives who said that the primary agenda of their protest, that began on August 5, was a dip in payment rates. Amid an escalating face-off between restaurants and aggregators, online food-ordering platform Zomato on Saturday said it is open to making modifications to rectify “mistakes” and … Read moreZomato calls for truce with restaurant owners, says willing to rectify mistakes

Behind Zomato beef-pork delivery protest in Howrah: a pay cut and a local BJP leader

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The Indian Express spoke to a number of delivery executives who said that the primary agenda of their protest, that began on August 5, was a dip in payment rates. An agitation over the dip in payment rates to delivery executives of Zomato food app in West Bengal’s Howrah a week ago took a religious … Read moreBehind Zomato beef-pork delivery protest in Howrah: a pay cut and a local BJP leader

Some Zomato delivery partners to go on strike in Kolkata, refuse to deliver pork & beef: Company

NEW DELHI: Some delivery partners of online restaurant guide and food ordering firm Zomato in Kolkata will go on strike from Monday as they are not willing to deliver pork and beef to customers, while the company said it is trying to resolve the issue. A company spokesperson said in a statement, “There is a … Read moreSome Zomato delivery partners to go on strike in Kolkata, refuse to deliver pork & beef: Company

Kolkata: Zomato delivery partners protest over delivering pork, beef

On Sunday morning, some delivery partners refused to deliver food containing either beef or pork. (ANI) App-based food delivering platform Zomato on Sunday said it was looking to resolve the issue with some delivery partners in West Bengal who have threatened to go on strike, objecting to carrying beef or pork dishes during the  Bakrid … Read moreKolkata: Zomato delivery partners protest over delivering pork, beef

“Forcing Us To Deliver Beef And Pork”, Say Zomato Riders In Kolkata

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Last month a Zomato user in Madhya Pradesh cancelled an order that was being delivered by a “non-Hindu” Kolkata:  Zomato employees in Kolkata today refused to deliver food containing either beef or pork and said they planned to go on an indefinite strike. Employees of the web- and app-based food delivery app took to the … Read more“Forcing Us To Deliver Beef And Pork”, Say Zomato Riders In Kolkata

Jabalpur Police to send notice to man who canceled Zomato order over religion

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Jabalpur SP Amit Singh said the police can take him into custody if there is another violation by him in six months. (File) Jabalpur-based Pt Amit Shukla, who cancelled his food order when he learnt that it was being delivered by a Muslim, is in trouble as the state police have decided to serve a … Read moreJabalpur Police to send notice to man who canceled Zomato order over religion

CCI calls meeting with restaurants’ body, EY to discuss ecommerce policy

NEW DELHI: The Competition Commission of India (CCI) has called a meeting with the National Restaurant Association of India (NRAI) and consultant EY to seek recommendations on an ecommerce policy. Amid growing friction between restaurants and ecommerce platforms, CCI’s letter said, “The workshop will bring together all relevant stakeholders on a platform to discuss competition … Read moreCCI calls meeting with restaurants’ body, EY to discuss ecommerce policy

Temasek keen to increase pace of investment in India: Ravi Lambah

We have been putting up about billion dollars a year to work in India at an average for the last five years and we are hoping to increase that base, says Ravi Lambah, Senior Managing Director, Temasek India. Excepts from interview with Avanne Dubash of ETNOW. Can you tell us how the journey for Temasek … Read moreTemasek keen to increase pace of investment in India: Ravi Lambah

Zomato, Pune Eatery Fined Rs 55,000 For Serving Chicken Instead Of Paneer

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A lawyer had ordered paneer butter masala but was delivered butter chicken instead (Representational) Pune:  A consumer court in Pune slapped a Rs 55,000 fine on food delivery platform Zomato along with a hotel for delivering non-vegetarian food to a lawyer who had ordered a vegetarian dish. According to media reports, the consumer court directed … Read moreZomato, Pune Eatery Fined Rs 55,000 For Serving Chicken Instead Of Paneer

Govt summons Zomato, Swiggy & others over deep discounting, predatory pricing

After IL&FS crisis, SIDBI says will continue to support good NBFCs

The policy menu for online food aggregators may get new entries – the Department for Promotion of Industry and Internal Trade (DPIIT) has summoned Swiggy, Zomato, Foodpanda and Uber Eats for a meeting on Thursday. This follows complaints from restaurants that food aggregators are engaging in “deep discounting” and “predatory pricing”. Recently, the commerce and … Read moreGovt summons Zomato, Swiggy & others over deep discounting, predatory pricing

Piyush Goyal seeks reciprocity from trade partners on FDI, data, ecommerce

NEW DELHI/BENGALURU: Commerce and industry minister Piyush Goyal has said the government will engage with its trade partners on issues of foreign direct investment (FDI), ecommerce and data on a reciprocal basis, as it plans to bring out a national policy on ecommerce in the next 12 months. “The minister said India wants to engage … Read morePiyush Goyal seeks reciprocity from trade partners on FDI, data, ecommerce

Just how bad is India’s plastic problem?

The Bommasandra-Jigani link road near Bengaluru’s Electronic City is dotted with sleek, glass-fronted offices of pharmaceutical, manufacturing and technology companies. But swerve into one of the smaller roads and you will be faced with an all-too familiar sight: an unofficial landfill spread out over an acre and rising several metres high, its base strewn with … Read moreJust how bad is India’s plastic problem?

E-commerce, consumer internet cos raised over $7 bn in PE/VC capital in 2018: EY

E-commerce and consumer internet companies have raised over USD 7 billion in private equity and venture capital funding in 2018, says EY report. The report titled ‘E-commerce and Consumer Internet Sector – India Trendbook 2019’ launched at the IVCA Conclave 2019, noted that majority of the funding was towards building supply chain, expanding into new … Read moreE-commerce, consumer internet cos raised over $7 bn in PE/VC capital in 2018: EY

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