Page 12 - Zomato

Restaurants oppose Zomato's 'draconian' food quality policy

Budget restaurants and small cloud kitchens may be hit the hardest; NRAI to highlight concerns in a letter to Zomato management

Food delivery apps Zomato, Swiggy hit by hour-long technical glitch

Downdetector, a platform that collects status reports from a series of sources, recorded 3,619 reports of outage against Zomato at 2:05 PM and 771 against Swiggy at 2:21 PM

Zomato and Swiggy unable to take orders after Amazon Web Services snag

Twitter posts were flooded with complaints from users unable to place orders or browse menus and listings.

Will explain to CCI that we are not anti-competition, says Zomato

Competition watchdog to probe Swiggy and Zomato for alleged unfair practices with respect to pricing and listing of restaurants on their platforms

Top headlines: Zomato speaks on CCI probe; India blocks 22 YouTube channels

Business Standard brings you the top headlines on Tuesday

Zomato falls 5% on reports of CCI probe against unfair business practices

In the past three months, Zomato has underperformed the market by falling nearly 40 per cent, as compared to a 0.4 per cent rise on the S&P BSE Sensex.

CCI to probe Zomato, Swiggy for alleged unfair business practices

CCI said allegations such as delayed payment cycle, imposition of one-sided clauses and exorbitant commission require investigation

After 2021 boom, how 2022 could be a year of reckoning for Indian startups

After the boom of 2021, when 44 Indian startups became unicorns, the markets are more selective and investors less enthusiastic in participating at unrealistic valuations

Post record Rs 1.1 trn FY22 IPO fundraise, next fiscal may set new record

54 companies plan to raise Rs 1.4 trillion in FY23 after 52 Indian corporates raised an all-time high Rs 1.11 trillion through initial public offers (IPOs) in FY22, Prime Database report said

MP HM raises safety concerns, asks Zomato to change 10-min delivery plan

He said food delivery persons can reach the destination within 10 minutes only by 'driving rashly and dangerously'

Why the mega acquisition of Blinkit may give Zomato digestion problems

Market sentiment, inadequate data and unsustainable unit economics are stacked against the acquisition plan and 10-minute food delivery.

Food robotics company Mukunda raises $8 mn in round led by Zomato

Zomato's investment in Mukunda has come amid the food delivery's announcement to launch a 10-minute delivery service

Sensex gyrates 690 pts, ends 89 pts down; metal, pharma rally, banks slide

CLOSING BELL: Dr Reddy's Labs (up nearly 5 per cent) was the top Nifty gainer today, followed by Coal India, Hindalco, Cipla, NTPC, JSW Steel, Tech M, and RIL

What is the gig economy and who are gig workers?

Pandemic disrupted the markets' dream run and led to loss of lakhs of jobs in the informal sector. But it also gave rise to jobs in the gig economy. Find out more about this sector and its workers

India mothballs plan to let local companies to list overseas: Report

3 govt officials with direct knowledge of the decision say the plan had been put on hold as govt believes there's enough depth in local capital markets for firms to raise funds and get good valuations

TMS Ep134: Zomato delivery, IT majors, markets, hypersonic weapons

Is Zomato's 10-min food delivery a game-changer? What is attracting IT giants to smaller cities? Are the markets pricing in fuel-led inflation? What are hypersonic weapons? All answers here

Stocks to Watch: Infosys, TCS, Zomato, SBI, GMR Power, Zee, Karnataka Bank

Post demerger, GMR Power and Urban Infra, the non-airport business company of the GMR Group, will start trading on BSE and NSE from Wednesday onwards.

Will Zomato's 10-minute food delivery turn out to be a game changer?

Zomato on Monday promised to deliver food within ten minutes of ordering, arguably becoming the first company in the world to do so. So, what does it mean for the food delivery ecosystem?

Zomato in a spot as 10-minute delivery plan faces ire from all quarters

Restaurants are, at the moment, averse to the 10-minute delivery plan

Zomato faces backlash on social media over 10- minute delivery plan

Online food delivery platform Zomato was on Tuesday forced to clarify over the road safety of its delivery partners as its plans to start instant 10-minute food delivery faced backlash on social media. Zomato founder Deepinder Goyal, who had on Monday announced the company's plans to start a pilot of 'Zomato Instant' with four stations in Gurugram from next month, took to social media to clarify that there are no penalties for late deliveries and no incentives for on-time deliveries for both 10-minute and 30-minute deliveries. The 10-minute delivery will be for specific nearby locations, popular and standardised menu only, he said in a series of tweets. He was responding to criticism directed to the company over its plans of starting instant deliveries as it would put the delivery partners at risk on the roads. In a post on Twitter, Congress Lok Sabha MP Karti P Chidambaram said, "This is absurd! It's going to put undue pressure on the delivery personnel, who are not employees & ..