Swiggy starts charging Rs 2 platform fee on food orders
Process-backed food tech giant Swiggy has started charging all users a Rs 2 “platform fee” per order, regardless of cart value, as the company seeks to control its costs. The…
Tag: BUSINESS
Airtel Ads Business Head Vignesh Narayanan quits his job
Vignesh Narayanan has stepped down as Business Head of Airtel Ads after holding the role for two years, a source familiar with the matter confirmed to Exchange4media. His last day…
Netflix is already losing masses of customers over its password-sharing ban
According to a new study by market research group Kantar, Netflix’s password-sharing crackdown cost Spain a million users in the first quarter of 2023. This translates to a decrease of…
Godrej Consumer Products set to buy Raymond’s consumer care business
Godrej Consumer Products is reportedly in talks with Raymond for its male grooming brands Park Avenue and Kamasutra condoms. The potential deal will give Godrej Consumers a big game in…
Zomato shares rally 8% amid large block deal
Zomato shares rose 8 percent in Tuesday’s early session amid strong trading volumes and demand from traders on Broker Street. With the stock rising, the food delivery player has recovered…
Adani Group begins $130 million debt buyback
Adani Ports and Special Economic Zones, a subsidiary of India’s troubled Adani Group, on Monday announced a buyback program of certain debt securities. The move aims to partially repay the…
Coca-Cola reports 3 billion transactions in India in Q1
Buoyed by sales of 3 billion Coca-Cola products in a country of 1.4 billion in the March quarter, global CFO and president John Murphy said on Monday that the Indian…
Esri India starts ArcGIS business analyst
Esri India, a provider of location intelligence software and solutions, has announced the availability of ArcGIS Business Analyst, a location intelligence solution suite designed to help organizations make data-driven smart…
Reliance Retail signs joint venture with Haryana firm for toy manufacturing
Reliance Retail announced on Sunday (April 23) that it has entered into a joint venture with a Haryana-based company for local production of toys to meet the growing demand. Reliance…
Deloitte to lay off 1,200 employees in the US
Deloitte will cut 1,200 jobs, or 1.5% of its US workforce, the Financial Times reported. Layoffs will be higher at auditing firms in areas such as the financial advisory business,…