Harsh Goenka, Nykaa boss & Swiggy CEO have a 'healthy' resolution for 2020
The BCCI president said that he has a lot to do at the moment.
Cloud kitchens on boil as DPIIT checks FDI compliance
Govt is set to make clear if cloud kitchens, started by food-ordering platforms, violat...
Ant Financial places $150 million on Zomato table at $3 billion valuation
Zomato was last valued at $2 billion when it picked up capital last...
Have 60% revenue mkt share in food delivery: Swiggy's Sriharsha Majety
Majety, 33, says the company is moving towards improving its bottomline as discounts come down. Swiggy, he said, will continue to invest in new growth areas like ‘Stores’ and parcel delivery service ‘Go’.
More e-tailers doing away with OTPs
Flipkart has already done so, and others like Swiggy and ride-sharing apps are about to follow. A key driver for this has been the phased relaxation of rules by RBI—most recently last Friday —on one-time passwords.
More e-tailers doing away with OTPs
Flipkart has already done so, and others like Swiggy and ride-sharing apps are about to follow.
Millions of gig workers set to get health cover, other sops with labour law tweak
The code on social security, one of four codes that are intended to refashion 43 labour laws, seeks to extend coverage of employees state insurance corporation act across India and to all establishments employing 10 or more employees.
Internet blackout, protests leave gig workers reeling
Food delivery agents earn between Rs 25,000 and Rs 50,000 a month, depending on the number of orders they complete, hours on the road, and distance covered, among other factors. Cab drivers can earn Rs 35,000 to Rs 80,000 a month, a chunk of which goes towards fuel, loans, and vehicle maintenance
Startups cutting employee costs
Oyo, Ola, Paytm, Quikr, Zomato and Rivigo have handed out pink slips or are likely to.
Swiggy parent’s losses mount 5X to Rs 2,363 crore
Swiggy spent Rs 1,593 crore in delivery costs and Rs 423 crore on salaries and wages. The company also spent Rs 778 crore on marketing and advertising expenses to compete with Zomato. Part of Swiggy’s expenses can be accounted by Rs 113 crore lost in order cancellation.
Why programmers & businesses are so kicked about Kubernetes
Kubernetes, a five-year-old open source project started by Google and currently owned by the Linux subsidiary CNCF (Cloud Native Computing Foundation), is one such technology. Some believe it will become the operating system of the cloud.
Humans of gig economy: The cultural transformation of the delivery agent
The ubiquity of these workers is such that it’s easy to forget that it has been around for less than 5 years.
Zomato denies merger talks with rival Swiggy
Zomato is currently delivering 1.3 mn orders a day from 150,000 restaurants across India at more than 10 orders per restaurant per day. Swiggy has expanded its services to 500 cities in India, matching rival Zomato's reach. Swiggy, which has added 60,000 new restaurants in the past six months, said in October it would expand to 600 cities by December 2019.
Competition Commission of India pitches for self-regulation of ecomm platforms
The Competition Commission of India has also advocated that e-commerce players increase in transparency in search rankings, collection and use of data and user review and rating mechanisms.The CCI has also recommended that e-commerce platforms notify the businesses of any proposed changes in terms and conditions and only bring them into effect after a reasonable notice period.
Ethnic drink start-up GoliSoda enters home desserts segment
To popularise the new product additions, GoliSoda is launching a three-week paayasam/ kheer festival across its ten operational stores in Hyderabad.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service