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ZOMATO ATTRITION
Blinkit’s losses expand as quick commerce firm faces intense competition from the likes of ZeptoBlinkit, owned by Zomato, incurred an Ebitda loss of Rs 103 crore in the October-December quarter due to its rapid expansion efforts. Despi...- Blinkit’s losses expand as quick commerce firm accelerates expansionBlinkit's increased losses, resulting from its expansion efforts, also impacted the profitability of its parent company. However, the quick...
- Indian unicorns see net workforce decline amid layoffs, restructuring: reportIndian unicorns saw a 4.5% average attrition rate over the past year, with a net decrease of about 6,700 employees. Despite overall decline...
- Zomato expects food delivery business to grow 30% annually over 5 years: Rakesh RanjanZomato, India's food delivery giant, expects its core meal delivery business to grow at an annual rate of 30% over the next five years. The...
- Want a job at top companies? Employee referrals are your best betHiring through employee referrals leads to lower costs, better cultural fits and higher retention rates, say firms. Referred candidates oft...
- Swiggy IPO: From issue details, selling shareholders to risks, here are 10 things to know from updated DRHPSwiggy's upcoming ₹10,000-crore IPO includes fresh shares and an OFS, aiming to enhance its platform and expand services. Key details revea...
- Top Indian unicorns continue to add talent despite funding, growth challengesData from top 15 unicorns by talent movements– including the likes of BigBasket, Delhivery, Flipkart, IndiaMART, Meesho, Ola, PhonePe, Swig...
- Why Voda Idea, Tata Power are Sanjiv Bhasin 2 top bets from this Diwali to next“In pharma, it is better to buy a basket now than individually because select stocks have been outperformers and you want to participate in...
- Wholesome meal at a deal! Motilal initiates coverage on Zomato, sees 30% upsideIn its report, Motilal stated that the food delivery industry in India is all set to grow rapidly in the medium term driven by intensifying...
- PhonePe raises $100 million in fresh funding; Deepinder Goyal dismisses talks of attrition at ZomatoThe fundraise follows PhonePe’s recent change of domicile to India and full separation from the Flipkart group. Flipkart doesn’t own any st...
- Zomato CEO Deepinder Goyal plays down attrition problemGoyal's post on Twitter and LinkedIn comes days after Zomato declared its December-quarter earnings. He commented on the recent exits in a ...
- RIL disappoints; this is likely to be a consolidation week: Neeraj Dewan“One should be a little more cautious this week because in the last couple of weeks with everyone sitting on gains, people were bullish on ...
- Delivery staff facing weather fury as India fights heatwave, rainsStates like Delhi, Punjab, and Haryana have been battling a severe heatwave with temperature touching almost 50 degrees Celsius in some pla...
- Online delivery companies rush to hire women riders amid increasing attritionCompanies such as Zomato, Swiggy, Ecom Express and Shadowfax are among those looking to induct more women in their last-mile delivery fleet.
- Zomato okay for short-term trade, not a long-term buy: Sandip Sabharwal"As of now, I am not inclined to subscribe but could do so just as a possible short-term trade to make money."
- Zomato restarts hiring via referrals after pandemic layoffsZomato, which is drawing up plans for an IPO later this year, is looking to bring on board 400 people during 2021, mostly via the referral ...
- Buy Info Edge (India), target Rs 1025: UBSMultiple new initiatives by management to improve market share and user experience is positive for the stock.
- Pay hikes slide from up to 40% to almost nothing at startupsInMobi has delayed their appraisal cycle while biggies like Flipkart and Snapdeal are being extremely conservative in giving hikes this yea...
- How startups like Zomato, TinyOwl are retaining talentFrom regular supply of grocery to employee referral points, organizations are thinking out-of-the-box to keep the workforce happy.
- Attrition at delivery staff level: Why hyperlocal companies are the new BPOs of IndiaThe ecommerce logistics space raised over $300 million in the first six months of this year alone, as per data by VCCEdge.
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