Food delivery and quick-commerce platform Eternal said in a statement on Saturday that the financial impact of the new social security code, which took effect on Friday, will not hurt the company’s long-term prospects. The Deepinder Goyal-founded firm added that the exact financial and operational implications will be known only once the rules are formally … Read more
Shares of Zomato (Eternal) and Swiggy rose up to 3.3% on Friday after both companies removed the rain surcharge waiver from their membership programs. This means that even paying subscribers of Swiggy One and Zomato Gold will now have to bear an additional ‘rain fee’ during inclement weather. The surcharge, which ranges between Rs 15 … Read more
Reacting to Zomato’s plans of rolling out a ‘pure veg fleet’, the Telangana Gig and Platform Workers Union (TGPWU), a body that works for the welfare of gig workers, sought to know whether the food delivery app would also filter out delivery workers who are vegetarian. TGPWU president Shaik Salauddin, in a statement, said: “If … Read more