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Qmin has been profitable business for IHCL from day one, says Jehangir Press

Indian Hotels, the operator of Taj Hotels, launched its food delivery platform Qmin two years ago. …

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This is why it costs more to order online on Zomato and Swiggy than to dine-in

Zomato has come under a lot of fire after a social media user pointed out that the same food, when …

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2 mins read

Zomato hikes platform fee to ₹4 across key cities after bumper NY Eve

Buoyed by record food orders on New Year's Eve, food delivery platform Zomato increased its mandato…

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HDFC Bank and Swiggy launch co-branded credit card – cashback, offers and more

HDFC Bank, India’s biggest bank has partnered with food and grocery delivery platform Swiggy to lau…

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Can’t be locking horns with Zomato and Swiggy, says restaurant body

Restaurants and food aggregators Zomato and Swiggy have been at loggerheads – despite still working…

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Swiggy is now valued more than Zomato

Swiggy was valued at $10.7 billion in this latest round, a source close to the deal told Busines…

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4 mins read

With Zomato rallying over 25% in the past month, street looks at the road ahead

Zomato's Q1FY24 results have shown recovery, with the company surpassing its listing price. The fir…

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There’s a way government can prod Zomato, Swiggy, Uber and Ola to increase salaries of delivery partners and drivers

Under Section 80JJAA provision of the Indian Income Tax Act, companies can get a tax deduction f…

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3 mins read

Swiggy’s Instamart is a success but a grocery entry can become Zomato’s ‘poison pill’ says report

Zomato is again trying its hand at something that it has failed twice at – grocery delivery. This t…

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India needs to review how it wants to extract tax from Zomato and Swiggy

India’s Finance Minister Nirmala Sitharaman on Friday announced that online food delivery platforms…

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2 mins read

Swiggy tightens focus on grocery delivery, as Zomato steps out

While Zomato has decided to step away from direct competition in the segment for now, Swiggy has…

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4 mins read

Zomato's cost control efforts are hurting the startup: Strike at Blinkit to hurt revenues by 1%

Zomato is in the news for its efforts to control costs and achieve breakeven – it’s increasing the …

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4 mins read

Swiggy reports nearly three-fold increase in annual revenue, in neck and neck race with Zomato

Revenue of food delivery giant Swiggy has grown 2.8 times in the last one year, between June 2020 a…

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Zomato investor Info Edge has invested in a drone startup helping Swiggy make deliveries

Skylark Drones, which is Swiggy get its drones off the ground, has raised $3 million in a funding …

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Swiggy co-founder says over-hiring a mistake as he fires 380 employees

Swiggy is a foodtech startup that is firing 380 employees as part of a restructuring exercise. The …

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Petrol pumps are again the favourite hunting ground to dump Rs 2,000 notes

One of the major benefits of the Centre's decision to withdraw the Rs 2,000 currency note might be …

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GST Council meet: No new tax on food delivery apps Swiggy, Zomato

It extended the period of concessional GST rates on certain COVID-related drugs by three mo…

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4 mins read

The difference between DoorDash and Indian peers Zomato and Swiggy is not in what the companies do⁠ — it’s where they do it

The blockbuster initial public offering (IPO) from DoorDash ⁠— a startup that delivers food just li…

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Sensex, Nifty50 edge lower in morning trade as energy and FMCG stocks drag

India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Friday amid positiv…

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Intel chief warns chip shortage could continue for up to two years

The strong demand environment continues to stress the supply chain across the world. "While I…