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ZOMATO MUMBAI STRIKE
Ex-Mirae Asset India head Ashish Dave launches Rs 700-1,000-crore fundAshish Dave, formerly of Mirae Asset Venture Investments, is launching Sanskrit Capital. The new fund aims for Rs 700-1,000 crore. It will ...
Food delivery, q-comm firms handle record orders despite rider strikeEternal-owned Zomato and Blinkit, the market leaders in food delivery and quick commerce, together delivered an all-time high of over 75 la...
Rajya Sabha MPs Manoj Kumar Jha, Raghav Chadha urge PM intervention as gig workers intensify nationwide strikeAs gig workers intensify their protests across the country, the two parliamentarians flagged issues of fair wages, unsafe delivery models, ...
Gig workers from Maharashtra likely to join strike, police monitoring developments: OfficialsGig and platform workers from Mumbai and Maharashtra are expected to join a nationwide strike. This action is planned for New Year's Eve. W...
Gig workers from Maharashtra likely to join strike, police monitoring developments: OfficialsAmid the strike call by gig workers' unions, police are closely monitoring developments to prevent any untoward incidents on New Year's Eve...
NSE adds 45 stocks to futures & optionsIn a circular on Wednesday, the NSE stated that contracts for companies such as Adani Energy, Adani Green, Angel One, Bank of India, BSE, C...
Zomato acquires Paytm’s ticketing biz; Bluestone’s fundraisePaytm on Wednesday said it will sell its entertainment ticketing business to Zomato for Rs 2,048 crore. Details on this deal and more in to...
Gig workers’ earnings rose 48% this festive season: PickMyWorkAs per an Assocham report, the gig sector in India is projected to reach $455 billion by 2024, with a compound annual growth rate (CAGR) of...
Uber, Ola services in Chennai hit by two-day drivers’ strikeAccording to sources, the ongoing protest in areas such as Rajarathinam Station, Azhumbur, Chennai, saw around 500-1,000 drivers participat...
Could Zomato rally 50% from here? Sudip Bandyopadhyay answersAccording to Sudip Bandyopadhyay investors should focus on small and mid-cap IT companies that specialize in specific industry segments suc...
Swiggy, Zomato operations hit as delivery workers strike in MumbaiFood delivery workers went on strike in many parts of the city, pressing for a list of demands. The strikes were organised collectively by ...
Online bargains recede as festive sales outperform; Dunzo board vets expenses amid cash crunchEcommerce discounts and promotional offers came down on the third day of the biggest annual online festive sales, as brands and online sell...
Zomato shrugs off impact of Blinkit staff protest; layoffs continue at Amazon, Meta, DisneyIn providing a clarification sought by stock exchanges over ongoing protests by Blinkit’s delivery staff in Gurgaon, Zomato on Wednesday sa...
IT stocks plummet on weak earnings; Blinkit to shut some stores in Delhi-NCR permanentlyFollowing lower-than-expected earnings numbers in the fourth quarter (Q4) of FY23 and a weak guidance for the ongoing financial year from t...
Twitter 'un-fires’ dozens of workers; Zomato Pay goes live in some citiesDays after laying off close to half its workforce, Elon Musk’s Twitter has decided to ask dozens of sacked employees to return after realis...
Is Meta losing its way?The company is pouring billions into its virtual reality division in hopes of Big-Banging the metaverse into existence, but back in the rea...
Swiggy’s delivery staff strike again; VCs on wait mode & govt scrutiny on TikTok’s re-entryOwing to a reduction in worker payouts and poor working conditions, delivery workers near a dark store of Instamart - Swiggy’s quick commer...
Swiggy workers go on strike again, this time in DelhiSwiggy delivery personnel went on strike in Bengaluru last week and in Mumbai earlier.
Zomato and Blinkit likely to merge in share-swap dealWhile the contours of the deal are being finalised, it is expected that shareholders of Zomato would get 10 Blinkit shares for each held in...
Zomato, Blinkit likely to merge (at last); Amazon-Future talks failThe acquisition will give Zomato firepower in its fight with Swiggy’s Instamart, and will make SoftBank, one of Swiggy’s biggest backers, a...