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GeM to roll out advanced version soon: CEO

"Over the next couple of months, GeM shall be rolling out GeM 4.0 - which will be anchored in the unified procurement system," Kumar s ...
The Economic Times
English EditionEnglish Editionहिन्दीગુજરાતી
| 10 August, 2020, 02:31 AM IST | E-Paper


    As restaurants start shuttering, some entrepreneurs are trying to reinvent their business

    The lockdown has also brought many high-end outfits down to the business of food delivery—fine-dining brands like Masque and Bombay Canteen, and hotel chains like Accor, Hilton, and Conrad, and Sheraton have started home delivery.

    NRAI sees dark clouds over Swiggy's kitchen hubs

    The National Restaurant Association of India (NRAI) conveyed this in a letter earlier this w...

    Some companies that have been forced to lay off staffers are helping them find jobs elsewhere

    Layoffs are the big story now, and it's never a...

    • Talks for the acquisition come even as Zomato is in the midst of raising capital where it has already got a commitment from existing backer Ant Financial for $200 million. The funding round will value Zomato over $3 billion, and a potential share-swap may also happen using that benchmark.

      ITC Hotels said ‘Lavanderia’ allows customers to hand over the items at a designated point at the hotel. The laundry would be ready for pick up by the customer within 24 hours, and the customers would be intimated via messages which would include a payment link to enable contactless payment.

      The etailer’s food delivery service is set to be launched from around Diwali, under the brand ‘Amazon Restaurant’.

      ​​​​In a letter to Zomato, Swiggy, Nearbuy, Dineout Prius Heights, EasyDiner and Magicpin the Federation has pointed out to the unethical business practices and has called for review of all their schemes.

      Dunzo, Swiggy and Zomato are among 13 consortia to have received approvals to test fly drones.

      Hit hard by the coronavirus pandemic-triggered lockdown, the premier hotel chain Hilton will now serve select food items at doorsteps via Zomato and Swiggy.

      The startup would operate through a cloud kitchen format and will be available exclusively on platforms like Swiggy and Zomato to start with. Founded in November 2019, the firm currently employs over 10 well trained chefs, nutritionist and employees.

      Zomato rejects about 25% applications due to reasons like unavailability of proper documents, failure in background-check clearance and lack of right intent on part of the candidate to work as a delivery partner, the company said.

      Add to this, the 60-day long lockdown period has led to a 38 per cent contraction in core sector output for the month of April .

      Premium joints are nudging customers to order directly through social media platforms like Instagram, WhatsApp or through phones to woo the customers. Some are customising offerings, tweaking their menu, offering cookery classes on video conferencing app Zoom and even providing at-home catering services.

      The government has proposed changes which would ensure gig workers get life and disability cover, health and maternity benefits, old age protection and any other benefit it may determine as helpful. The benefits have not been clearly defined yet, which is making companies anxious as they fear their operational costs will jump.

      Prosus CEO Bob van Dijk's statement comes at a time when the DPIIT is looking into online food delivery companies like Zomato and Swiggy, where Prosus owns a 39% stake for an investment of $850-900 million, for deep discounting, data masking and private labels.

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    The Economic Times