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ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
Zomato parent Eternal extends Hyperpure to food businesses big & smallHyperpure, the B2B grocery supply arm of Zomato’s parent Eternal, has expanded its services from hotels and restaurants to all types of foo...
Sam's Club extends Sunday store hours starting October 12 across most warehouse locationsSam's Club is expanding Sunday, operating hours beginning October 12, moving from 10 a.m. to 6 p.m. to 8 a.m. to 8 p.m. at most warehouse l...
Zepto Cafe scales down as orders drop and supply issues mountZepto Cafe, the 10-minute food delivery arm of quick commerce firm Zepto, is scaling down operations as it battles supply chain issues and ...
Indian grocery giant BigBasket eyes IPO in 2 years as business boomsIndia's BigBasket is planning to go public in the next 18 to 24 months, its CEO said, as the Tata Group-backed grocery giant seeks to tap s...
Swiggy launches new service Bolt to deliver food in 10-15 minutesFor now, a limited set of food items from select restaurants will be on offer. According to CEO Rohit Kapoor, the service is being rolled o...
Swiggy targets $15 billion valuation in IPOSoftBank-backed Swiggy is planning an IPO to raise $1-1.2 billion, targeting a $15 billion valuation. Competing with Zomato in the quick co...
After 2-year Covid lull, restaurants in Delhi decked up to welcome guests for Christmas, New YearIn Connaught Place, restaurants like Diggin Cafe, Zen Cafe, Farzi Cafe, Out of the Box Cafe, Warehouse Cafe and many other restaurants have...
Flipkart to shut Smart Fulfillment; deals return as restaurants recoverFlipkart said the move would reduce costs for sellers, but some aren’t so sure.
Eating out, buying alcohol to get 30% costlier in Delhi"If on-premise places like restaurants, clubs and hotels have to buy at full MRP now, there will be menu price hike by 20-30%," said Rahul ...
Covid infects lease pacts: Retailers say they will pay rent only in proportion to actual business in case of lockdownsAmid last year’s nationwide lockdown and this year’s local lockdowns, retailers and restaurants have taken a massive hit, facing closure of...
Face-off intensifies between restaurants and land owners over rental discounts and refundsSome leading names which have joined forces on this include Lord of the Drinks, Warehouse Cafe, Social, Indigo, Smokehouse Deli, Mamagoto, ...
Staffing the last mile challenging as orders keep risingDemand for home delivery has shot up anywhere between 50% and 150% in March-April compared to last year.
Contactless dining unsustainable, say top restaurants chainsLarge restaurant chains said contactless dining plans announced by food services aggregators including Zomato may not be sustainable and th...
Amazon raises overtime pay for warehouse workersChief Executive Officer Jeff Bezos, the world's richest person, also said on Saturday, "My own time and thinking is now wholly focused on C...
Dubai beyond glitz and glamour: Visit Hatta hills, Old Town, meet Bedouins to have a great cultural experienceJust three hours away from India, explore a side of Dubai, you have never seen.
Carl's Jr's Indian franchisee CybizCorp plans to raise Rs 125 crore to scale upThis will be over and above $2 million, or about Rs 12.5 crore, that CybizCorp has already raised from private equity investors.
Restaurateur Priyank Sukhija plans 75 properties by 2018Delhi-based restaurateur Priyank Sukhija plans to open 11 more outlets by the end of the year as part of a countrywide expansion drive.
- India Inc sees logic in Logistics Space
India Inc is queueing up for a share of the logistics pie. The fragmented sector gives an opportunity to consolidate and reduce costs, maki...
- Show goes on, but retailers find the going tough
The continuous rains in Mumbai are disrupting fast moving consumer goods (FMCG) stockists’ and fast food chains supplies, while on the othe...