Page 13 - Zomato

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 & ..

Zomato faces backlash after announcing plans to deliver food in 10 minutes

Food-delivery giant Zomato Ltd is facing a backlash on social media for its plans to roll out a 10-minute food service

Stocks to Watch: Wipro, L&T, Sun Pharma, Zomato, Deepak Nitrite, PNB, NHPC

Wipro will be in focus as the company's board will meet on March 25 to consider an interim dividend.

Zomato to test food delivery within 10 minutes in Gurugram next month

To pilot service in Gurugram next month

Zomato CEO says 10-minute food delivery will soon be a reality: Here's how

'Nobody in the world has so far delivered hot and fresh food in under 10 minutes at scale, and we were eager to be the first to create this category, globally,' says Deepinder Goyal

What does the merger with Blinkit mean for Zomato and its shareholders?

Online food-delivery platform Zomato is set to take over Blinkit -- which pioneered the 10-minute grocery delivery as Grofers. And it's a win-win deal for both. Find out more about the proposed merger

TMS Ep132: Blinkit-Zomato merger, N Chandrasekaran, markets, deepfake

How's the Blinkit-Zomato merger a win-win deal? What does N Chandrasekaran's appointment say about Air India's future? Smart rally or a pullback likely in markets? What is deepfake? All answers here

Zomato hits new life-time low on reports of merger talks with Blinkit

The board of Zomato also approved acquisition of 16.66 per cent equity in Mukunda Foods for a consideration of $5 million.

Stocks to Watch: Zomato, Eicher Motors, IndiGo, HDFC Bank, Dhani Services

Auto stocks too could be in limelight as the government shortlisted 75 firms under its PLI scheme for the sector.

Top Headlines: Zomato, Blinkit merger talks; FRL may approach NCLT, DRT

Business Standard brings you the top headlines at this hour

Zomato, online grocery company Blinkit in talks for a merger deal

Sources say what is under discussion is a share-swap deal in which Blinkit would be valued at around $750-800 million

Zomato to provide $150 mn loan to Grofers India, buy stake in Mukunda Foods

The board approved acquisition of 16.66 per cent take in food robotics and automation firm, Mukunda Foods Pvt Ltd

After Zomato and Nykaa, shareholders vent ire on Paytm over ESOPs

The three resolutions pertaining to ESOPs put to vote by the digital payments firm got over two-third 'against' votes from institutional investors

Decoding the KPI conundrum of new-age companies hitting the public market

Tech start-ups do not reveal important numbers to back their narratives of consumer flywheels and unrelenting growth

Over half the stocks that debuted in FY22 trade below listing-day close

Despite the likelihood of an aggressive rate hike by the US Federal Reserve (US Fed), a correction in equity markets, analysts expect the primary market action to stay on track, albeit a minor hiccup

India's IPO mania gets reality check, start-ups defer public debut

Investors sour on new tech offerings after calamitous listing of Paytm and the battering received by Zomato, Nykaa.

Zomato hits new record low, falls below issue price of Rs 76 intra-day

In the past three trading days, the stock of the food delivery company has declined 20 per cent after it reported disappointing set of numbers for December quarter

Rebel Foods scales up expansion of cloud kitchens amid Covid-19 pandemic

Mumbai-based Rebel Foods, and India's master franchise for US fast-food giant, Wendy's, have reached a new milestone with opening 28 new locations in 9 new Indian cities.

Zomato, Paytm, Nykaa and 12 other newly listed stocks hit record lows

The S&P BSE IPO index slipped 3.4% in intra-day trade, and has corrected 23% from its record high level

JM Financial gives 'buy' call for Hindalco, M&M, Zomato, and 3 others

Brokerage and financial firm JM Financial Institutional Securities has given a 'buy' call for Hindalco Industries, Mahindra & Mahindra, Zomato, Bharat Forge, Prestige Estates, and Gujarat State Petronet.