May 20, 2024 06:29 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Helicopter carrying Iranian President Ebrahim Raisi involved in accid'nt: Reports | Arvind Kejriwal to march with AAP leaders to BJP HQs tomorrow with an 'arrest' dare | Adhir Chowdhury won't decide, he will be axed if he doesn't...': Congress chief Mallikarjun Kharge on alliance with Mamata Banerjee | Swati Maliwal assault case: Arvind Kejriwal's aide Bibhav Kumar arrested by Delhi Police | DK Shivakumar offered me Rs. 100 crore to defame Modi: Arrested BJP leader G Devaraje Gowda on Karnataka sex scandal

Zomato reports Rs 175 cr net profit in Q4FY24, ESOP cost doubles YoY

Mumbai: Zomato, which reported a net profit of Rs 175 crore for the January-March period (Q4FY24) on Tuesday, marked a significant turnaround from the net loss of Rs 188 crore in the same quarter the previous year.

Zomato delivery agents tipped Rs 97 lakhs by customers this New Year

Mumbai: This New Year's Eve, apart from the restaurants, bakeries and other food joints, those delivering food from these establishments to the doorstep of the customers also benefited from the celebrations as people decided to make generous tips to delivery executives.

Zomato records Rs 36 cr Q2FY24 net profit

Mumbai: Online food delivery platform Zomato continued its impressive performance in the second quarter of FY24, recording a profit of Rs 36 crore

Swiggy sells its cloud kitchen business to rationalise costs

Mumbai: Food delivery platform Swiggy announced on Thursday that it has completed a share-swap agreement with Kitchens@ to sell its cloud kitchen business, Swiggy Access. This decision was made as part of the company's cost-cutting measures, which included laying off 380 employees due to a lack of funding opportunities, The Financial Express reported.

Zomato co-founder Mohit Gupta quits, marking third high-profile exit in two weeks

Mumbai: Zomato co-founder Mohit Gupta has quit the organisation amid a meltdown in tech stock prices and a sluggish growth of the food-delivery major, media reports said.

Zomato reacts over Competition Commission's probe

New Delhi: Zomato has said the Competition Commission of India (CCI) wants to look into its trade practices like the preferential listing of restaurant partners and pricing parity and has prima facie not found concerns with respect to their independence on levy of commissions or alleged bundling of services, media reports said.

TVS Motor partners with Swiggy to expand EV role in food delivery

New Delhi/UNI: Two & 3Wheeler manufacturer TVS Motor Company has announced a partnership with food and on-demand delivery player Swiggy to enable the adoption of electric vehicles in its delivery fleet and increase the share of EVs in food delivery and on-demand delivery services.

SpectraClean: Sanitization delivery box from eBikeGo

New Delhi/IBNS: India’s leading EV based startup eBikeGo recently launched the ‘SpectraClean, which according to the company, is a completely risk-free sanitization delivery box using the UV-C disinfection technology.

Swiggy launches ‘Swiggy Scheduled’

Bengaluru/Kolkata, Feb 22 (IBNS): Swiggy, India’s largest food ordering and delivery platform, announced on Thursday the launch of its brand-new offering, ‘Swiggy Scheduled’.