Tag: Business
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No More Wild Rides: Maharashtra’s Crackdown on Ola & Uber Includes ₹100 Penalty for Cancellations and 1.5x Surge Cap
The Maharashtra government has finally drawn a line in the sand for app-based cab operators. In a major move, the state Cabinet has greenlit...
Inside the ₹20 Delivery Scam Bleeding Swiggy, Zomato, and Local Restaurants Dry
Business Today has reported that some delivery partners on popular platforms like Swiggy and Zomato have allegedly been exploiting a loophole that is starting...
Zomato’s Blinkit Bleeds in Q4: Rs 178 Cr Loss, 22% Revenue Jump, and a Pricey Growth Spree in a Crowded Quick-Commerce War
Zomato’s parent company, Eternal Ltd, took a profitability hit in the final quarter of FY25, dragged down largely by growing losses at its quick-commerce...
Zomato Shuts Down ‘Quick’ and ‘Everyday’ After ₹39 Crore Profit Crash, Deepinder Goyal Takes Charge Amid Strategy Shift
Zomato is stepping back from the ultra-fast delivery game, shutting down its ‘Quick’ and ‘Zomato Everyday’ offerings. This pivot, shared during the company’s Q4...
Eternal Ltd (Formerly Zomato) Sees Q4 Profit Crash 78% to ₹39 Cr Despite 64% Revenue Surge, Food Delivery Growth Stalls
Eternal Ltd—formerly Zomato—ended FY25 with a mixed bag of numbers that highlight the growing costs of expansion. While the company posted a steep drop...
