BUSINESS
Eternal is an internal identity, no plan to rename Zomato app: Deepinder Goyal
In the stock exchange filing on Monday, Goyal maintained that the internal rebranding was not intended to imply a succession plan
BUSINESS
Reliance AGM | Digital commerce platforms grow 2.5-fold to 6 lakh orders a day
4.5 billion visits to digital platforms in FY22, up 2.3X compared to the previous financial year
BUSINESS
Zomato pilots grocery delivery on its app through Blinkit in Delhi-NCR
While the minimum order value for free grocery delivery on the Blinkit app for the Delhi-NCR customers was being shown as Rs 150, the amount was Rs 49 only on the Zomato app
MCMINIS
How dark stores make quick commerce possible
BUSINESS
Google blocked 2,000 personal loan apps from India Play Store from January-July
Tech giant says it is working with government agencies and other stakeholders to weed out bad actors.
BUSINESS
Toys, gifts, printouts, passport photos: What Swiggy Instamart will look at delivering in the future
As Swiggy's grocery delivery platform Instamart completes two years, its head Karthik Gurumurthy looks back on key learnings and its ambitions going ahead
BUSINESS
ONDC to become live for all consumers in one city next month
It's currently only open to a select group of whitelisted users in each of the 55 cities where pilots are going on. The plan is to gradually go live for anyone in a city where the network is operational
BUSINESS
At Paytm AGM, Vijay Shekhar Sharma uses charm offensive to win over angry investors
Shareholders asked difficult questions about profitability and share prices in fintech unicorn’s first annual gathering of shareholders after listing
BUSINESS
SoftBank India head Sumer Juneja elevated to global role, will oversee EMEA bets
Juneja was hired by SoftBank in December 2018 to set up a local presence in India.
BUSINESS
Zomato shares fall after quick commerce subsidiary Blinkit’s printout foray
The quick commerce company was recently acquired by food delivery major Zomato in a Rs 4,447 crore transaction
BUSINESS
Zomato-owned Blinkit pilots printout service at Rs 9-19 per page
A delivery fee of Rs 25 will be levied by the quick commerce company for every printing order.
BUSINESS
Flipkart's $100 million venture arm to make seed investments in six startups
The e-commerce company has a portfolio of minority investments in more than 12 companies, which include startups such as Ninjacart, Shadowfax and Blackbuck, as well as traditional companies like ABFRL and Arvind
BUSINESS
Corporate crossings | Swiggy appoints Rohit Kapoor as CEO of its food delivery business
Kapoor’s last stint was in hotel aggregator OYO as its chief marketing officer
BUSINESS
Zomato-backed Shiprocket enters unicorn club with Rs 259-crore fundraise
In 2021, Shiprocket had raised $185 million in a Series E round co-led by Zomato and Singapore's sovereign wealth fund Temasek at a valuation of $930 million
BUSINESS
Account aggregator and ONDC will together make supply chain more efficient: Nandan Nilekani
The architect of Aadhaar believes that new public technologies will see a major take-off like the UPI in about 5 years
BUSINESS
Not in a tearing hurry to exit Zomato, Policybazaar stakes: Sanjeev Bikhchandani of Info Edge
Info Edge founder says ESOP allotments to founders of listed startups may be justified to incentivise them to run the ship for 5-7 years. But due processes should be followed in disclosures and decisions
BUSINESS
Info Edge Q1 Result | Firm's recruitment revenue grows 68% to Rs 387 crore amid slowdown fears
Naukri parent said its recruitment business recorded 49 percent growth in new customers and billing growth was witnessed across IT and non-IT.
BUSINESS
Zomato completes acquisition of quick commerce company Blinkit
Zomato had announced the deal in June after its board approved the Rs 4,447 crore transaction to acquire Blinkit. The ancillary business was bought for Rs 61 crore.
BUSINESS
Delhivery to spend Rs 261 crore on granted ESOPs in FY23; Rs 487 crore till FY27
While 3.5 crore shares from Delhivery's ESOP pool have already been granted, 4.4 crore more remain ungranted as of June 30
BUSINESS
Delhivery's revenue drops 16% as inflation slows down e-commerce businesses
Delhivery’s shares rose 1.23 percent to Rs 643 on the BSE at close on Monday.
BUSINESS
Our policies will prevent market distortion by dominant tech firms: Rajeev Chandrasekhar
All tech policies are geared towards the goal of a trillion dollar digital economy that is open, safe and secure for participants, says the Minister of State for Electronics and Information Technology
MCMINIS
Why Adjusted EBITDA needs a closer look
BUSINESS
WhatsApp cites fresh NCLAT judgement in efforts to block antitrust probe in India
Earlier this week, NCLAT held that WhatsApp didn’t violate competition laws in a 2017 case. Antitrust watchdog argues that messaging platform’s policy and practices have changed since then
BUSINESS
First audit report on intermediaries' compliance with IT Act and rules in September: Rajeev Chandrasekhar
The report will list how many directions by the government haven't been complied with by social media intermediaries. The minister stressed that the government doesn't want intermediaries to ignore legitimate grievances of the digital nagrik.
